#170 of 500 · Member & Benefit Funds

Middle Tennessee Electric Membershi P Corporation

EIN 62-0293472 · TN · NTEE n/a · Form 990, fiscal 2023

A not-for-profit electric distribution cooperative headquartered in Murfreesboro, Tennessee. Founded in 1936 and owned by its members, it is one of the largest electric cooperatives in the United States, distributing power purchased from the Tennessee Valley Authority to more than 340,000 accounts across roughly 2,200 square miles of Middle Tennessee.

Financials, fiscal 2023

Revenue

$897.3M

Expenses

$897.3M

Total assets

$1.15B

Net assets

$599.7M

Operating margin

0.0%

1-year growth

-6.2%

5-year growth (CAGR)

9.7%

Reserve (years of spending)

8.0

Contributions share

n/a

Programme spending

98.7%

Fundraising cost

n/a

Executive pay share

0.57%

Employees

565

Revenue per employee

$1.6M

Grants paid

$388K

Years filing

76

NFP Health Score: 69 / 100

Financial 57 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide affordable, reliable, safe electricity and outstanding member service.

Revenue history