EIN 62-0366645

Southwest Tennessee Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
164
City
Brownsville
Year formed
1936
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Southwest Tennessee Electric Membership Corporation is an electric membership corporation that provides electricity to rural areas of Southwest Tennessee at a reasonable cost. It serves approximately 50,350 customers in parts of eleven counties in the region, with its headquarters located in Brownsville, TN.
Total revenues
$132,788,370
2023
Total expenses
$124,196,770
2023
Total assets
$248,827,043
2023
Num. employees
164
2023

Program areas at Southwest Tennessee Electric Membership Corporation

Provides electricity for approximately 51,700 customers in parts of eleven counties in Southwest Tennessee

Personnel at Southwest Tennessee Electric Membership Corporation

NameTitleCompensation
Michael RussellVice President of Operations$157,335
Scott SimsVice President of Finance and Member Services
Blake StegallInterim Vice President of Telecommunications
Jason KendallVice President of Information Technology
Amy TiptonVice President of Human Resources
...and 13 more key personnel

Financials for Southwest Tennessee Electric Membership Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$129,990,434
Investment income and dividends$2,613,554
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$179,855
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$4,527
Miscellaneous revenues$0
Total revenues$132,788,370

Form 990s for Southwest Tennessee Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-02990View PDF
2022-062023-02-24990View PDF
2022-062023-01-26990View PDF
2021-062022-01-21990View PDF
2020-062022-05-17990OView PDF
...and 10 more Form 990s

Organizations like Southwest Tennessee Electric Membership Corporation

OrganizationLocationRevenue
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Tideland Electric Membership CorporationPantego, NC$52,138,305
Presque Isle Electric & Gas Co-opOnaway, MI$55,556,588
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Powder River Energy CorporationSundance, WY$176,963,725
Choptank Electric CooperativeDenton, MD$164,513,922
Kit Carson Electric CooperativeTaos, NM$57,387,729
South Plains Electric CooperativeLubbock, TX$208,235,314
Data update history
May 22, 2024
Updated personnel
Identified 2 new personnel
March 19, 2024
Updated personnel
Identified 10 new personnel
July 12, 2023
Used new vendors
Identified 2 new vendors, including , and
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 959
Brownsville, TN 38012
County
Haywood County, TN
Website URL
stemc.com/ 
Phone
(731) 772-1322
IRS details
EIN
62-0366645
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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