Program areas at Sequachee Valley Electric Cooperative
Rural electricity distribution to 38,213 members located primarily in the southeastern Tennessee counties of bledsoe, grundy, marion, and sequatchie, but also in portions of van buren, rhea, cumberland, franklin, coffee, and hamilton counties.
Provision of broadband internet access, tv and telecommunications services via fiber optic network to rural homes and businesses located in marion county, Tennessee.
Personnel at Sequachee Valley Electric Cooperative
| Name | Title | Compensation | Date of data |
|---|
| Terry Michael Partin | President and Chief Executive Officer | $272,264 | 2023-06-30 |
| Danny Kirkendoll | Vice President - Engineeri | $186,169 | 2023-06-30 |
| Susan B Duggar | Vice President - Customer | $137,725 | 2023-06-30 |
| F A Hatfield | Vice President - Administration Services | $203,578 | 2023-06-30 |
| Matthew H Brewer | Vice President - Administration Secretary | $115,952 | 2023-06-30 |
| ...and 8 more key personnel |
Financials for Sequachee Valley Electric Cooperative
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $61,239 | $0 | 999% |
| Program services | $112,006,272 | $105,326,189 | 6.3% |
| Investment income and dividends | $432,411 | $260,082 | 66.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-2,417 | $36,891 | -106.6% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $88,432 | $46,253 | 91.2% |
| Total revenues | $112,585,937 | $105,669,415 | 6.5% |
Organizations like Sequachee Valley Electric Cooperative
| Organization | Type | Location | Revenue |
|---|
| Southern Maryland Electric Cooperative | 501(c)(12) | Hughesville, MD | $558,196,918 |
| Webster Electric Cooperative | 501(c)(12) | Marshfield, MO | $37,992,455 |
| New Hampshire Electric Cooperative (NHEC) | 501(c)(12) | Plymouth, NH | $186,063,964 |
| Dixie Electric Membership Corporation | 501(c)(12) | Baton Rouge, LA | $316,976,547 |
| Tideland Electric Membership Corporation | 501(c)(12) | Pantego, NC | $52,138,305 |
| South Plains Electric Cooperative | 501(c)(12) | Lubbock, TX | $208,235,314 |
| Golden Valley Electric Association | 501(c)(12) | Fairbanks, AK | $290,488,698 |
| Kit Carson Electric Cooperative | 501(c)(12) | Taos, NM | $57,387,729 |
| Powder River Energy Corporation | 501(c)(12) | Sundance, WY | $176,963,725 |
| Choptank Electric Cooperative | 501(c)(12) | Denton, MD | $164,513,922 |
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 21, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
- Address
- PO Box 31
- South Pittsburg, TN 37380
- Metro area
- Chattanooga, TN-GA
- County
- Marion County, TN
- Website URL
- svalleyec.com/
- Phone
- (423) 837-8605
IRS details
- EIN
- 62-0352367
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1939
- 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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