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Organizations Duck River Electric Membership Corp.

Duck River Electric Membership Corp.

Fiscal year ending 2024. Filed on December 24, 2024.

PO Box 89
Shelbyville, Tennessee 37162

Duck River Electric Membership Corp. (EIN: 62-0186725) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Duck River Electric Membership Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 193 total employees. Among the employees shown here, the average compensation is $232,376. The highest compensated employee at Duck River Electric Membership Corp. is Scott Spence with fiscal year 2024 compensation of $516,515.

Revenue, expenses, and employee compensation

Revenue

$239,149,236

Expenses

$239,149,236

Employee compensation

$19,741,536
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Spence
President and Chief Executive Officer
$516,515
$453,934 No related comp$62,581
Troy Crowell
Interim President
$292,154
$175,971 No related comp$116,183
Jeff Hockaday
DIST OPER
$214,047
$152,121 No related comp$61,926
James Edde
Senior Director
$198,435
$153,163 No related comp$45,272
Tim Shelton
Senior Linem
$189,013
$151,919 No related comp$37,094
Julie Murdock
SR Purchasin
$182,538
$146,777 No related comp$35,761
Jeff Holt
SR Working F
$177,295
$147,705 No related comp$29,590
James Bates
Former Contr
$167,086
$144,459 No related comp$22,627
Michelle Herrman
Vice President
$154,304
$120,408 No related comp$33,896

Benchmark Employee Compensation

Non-Employee Board Members

Dana Salters
Secretary
$19,380
$19,380 No related compNo other comp
Philip Duncan
Treasurer
$17,220
$17,220 No related compNo other comp
Mike England
Director
$14,900
$14,900 No related compNo other comp
William Wilson
Director
$14,850
$14,850 No related compNo other comp
Anthony Kimbrough
Chair
$14,080
$14,080 No related compNo other comp
Baxter White
Director
$13,980
$13,980 No related compNo other comp
Wayne Tucker
Director
$13,440
$13,440 No related compNo other comp
Mark Webb
Vice Chair
$13,120
$13,120 No related compNo other comp
James Brent Willis
Director
$12,900
$12,900 No related compNo other comp
Barry Cooper
Former Director
$12,660
$12,660 No related compNo other comp
Lyn Stacey
Director
$10,470
$10,470 No related compNo other comp
Buford Jennings
Director
$9,500
$9,500 No related compNo other comp

Contractors

Lewis Tree Service
Tree Triming
$8,509,233
Corbitt Power & Light LLC
Construction
$3,078,055
The State Group Industial
Construction
$2,255,022
Hbh Holdings Inc.
Construction
$1,738,327
Taylor Electric Inc.
Construction
$1,139,403

Mission Statement

RURAL ELECTRIC DISTRIBUTION TO 86,020 MEMBERS LOCATED PRIMARILY IN BEDFORD, COFFEE, FRANKLIN, GILES, MARSHALL, MAURY AND MOORE COUNTIES IN MIDDLE TENNESSEE.

Revisions to this organization profile

December 1, 2025:
2025 Duck River Electric Membership Corp. 990 filed
December 24, 2024:
2024 Duck River Electric Membership Corp. 990 filed
October 31, 2023:
2023 Duck River Electric Membership Corp. 990 filed

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