Program areas at Holston Electric Cooperative
Holston Electric Cooperative is a customer-owned distributor of TVA power, providing service to more than 32,000 residential, commercial and industrial customers in a 525 square-mile area of Hawkins and Hamblen Counties in upper East Tennessee.
Holston Electric Cooperative operates it's wholly owned subsidiary, HolstonConnect, LLC, to provide rural broadband services (Internet, Telephone and Televison) to the current footprint of the Electric Cooperative. The most recent customer count is approximately 12,500 customers.
Personnel at Holston Electric Cooperative
| Name | Title | Compensation | Date of data |
|---|
| James B Sandlin | General Manager | $291,270 | 2023-06-30 |
| Arthur Davenport | Director of Operations | $232,601 | 2023-06-30 |
| Shannon Bellamy | Director of Finance and Hu | $179,475 | 2023-06-30 |
| Nathan Franklin | Director of Engineering | $135,240 | 2023-06-30 |
| Thomas Powell | Director of Broadband Operations | $137,447 | 2023-06-30 |
| ...and 7 more key personnel |
Financials for Holston Electric Cooperative
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $101,139,255 | $95,944,721 | 5.4% |
| Investment income and dividends | $701,306 | $152,687 | 359.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $1,781,686 | $1,706,316 | 4.4% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $126,010 | $154,820 | -18.6% |
| Total revenues | $103,748,257 | $97,958,544 | 5.9% |
Organizations like Holston Electric Cooperative
| Organization | Type | Location | Revenue |
|---|
| Kankakee Valley Rural Electric Membership Corporation | 501(c)(12) | Wanatah, IN | $41,267,905 |
| Adams-Columbia Electric Cooperative | 501(c)(12) | Friendship, WI | $91,789,305 |
| Colquitt Electric Membership Corporation | 501(c)(12) | Moultrie, GA | $169,746,610 |
| Oakdale Electric Cooperative | 501(c)(12) | Oakdale, WI | $45,105,810 |
| Aiken Electric Cooperative | 501(c)(12) | Aiken, SC | $129,207,135 |
| East Texas Electric Cooperative | 501(c)(12) | Nacogdoches, TX | $496,652,970 |
| Alaska Electric and Energy Cooperative | 501(c)(12) | Homer, AK | $68,025,106 |
| Homer Electric Association | 501(c)(12) | Homer, AK | $105,957,011 |
| Norris Electric Cooperative | 501(c)(12) | Newton, IL | $47,152,276 |
| Magnolia Electric Power Association | 501(c)(12) | Mccomb, MS | $83,370,782 |
Data update history
January 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 1200 W Main St
- Rogersville, TN 37857
- Metro area
- Kingsport-Bristol, TN-VA
- Website URL
- holstonelectric.com/
- Phone
- (423) 272-8821
IRS details
- EIN
- 62-0238497
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1940
- 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
- Independent
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