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Organizations Powell Valley Electric Cooperative

Powell Valley Electric Cooperative

Fiscal year ending 2019. Filed on July 14, 2020.

PO Box 1528
New Tazewell, Tennessee 37824

Powell Valley Electric Cooperative (EIN: 54-0345615) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Powell Valley Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 60 total employees. Among the employees shown here, the average compensation is $176,540. The highest compensated employee at Powell Valley Electric Cooperative is Randell W Meyers with fiscal year 2019 compensation of $249,444.

Revenue, expenses, and employee compensation

Revenue

$65,926,327

Expenses

$58,903,418

Employee compensation

$1,613,777
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Randell W Meyers
Chief Executive Officer
$249,444
$227,563 No related comp$21,881
Charles Goodin
ASST General
$175,345
$135,200 No related comp$40,145
Ronnie Williams
Supervisor
$171,795
$149,333 No related comp$22,462
Bobby Johnson
First Class
$170,254
$131,963 No related comp$38,291
Jerry Allen
Lead Lineman
$151,308
$128,224 No related comp$23,084
Gary Hatfield
Director of SPEC
$141,092
$129,571 No related comp$11,521

Benchmark Employee Compensation

Non-Employee Board Members

John A Short
Director
$18,003
$1,200 No related comp$16,803
Dale E McNiel
Director
$12,599
$1,275 No related comp$11,324
David T Kindle
Vice President
$12,374
$1,050 No related comp$11,324
Michael Shockley
Director
$12,299
$975 No related comp$11,324
Gary L Russell
Director
$12,224
$900 No related comp$11,324
Roger A Ball
President
$7,730
$2,025 No related comp$5,705
Judy Robertson
Secretary and Treasurer
$7,064
$1,275 No related comp$5,789
J Allen Parkey
Director
$6,956
$1,125 No related comp$5,831
Mikel R Sharp
Director
$6,881
$1,050 No related comp$5,831

Contractors

Line Contracting
Construction
$268,413
Progressive Solutions LLC
Clearing
$172,844
Lee County Tree Service
Clearing
$147,553
Alpha and Omega Computer SVC
Consulting
$134,908

Mission Statement

DISTRIBUTION OF TVA-GENERATED POWER.

Revisions to this organization profile

January 24, 2025:
2024 Powell Valley Electric Cooperative 990 filed
December 15, 2023:
2023 Powell Valley Electric Cooperative 990 filed
April 27, 2023:
2022 Powell Valley Electric Cooperative 990 filed

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