Cumberland Electric Membership Corp
501(c)(12)
99% goes to programs $0 to raise $100 Strong reserves Growing revenue
Cumberland Electric Membership Corp is a 501(c)(12) organization based in Clarksville, Tennessee, registered in 1963, with $364,091,551 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
Po Box 3300, Clarksville, TN, 37043 EIN 62-0174870 Since 1963
Revenue (FY2023)
$364.1M
▲ 2.4% vs prior year
Expenses (FY2023)
$343.9M
Net assets
$264.9M
Employees
311
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cumberland Electric Membership Corp: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cumberland Electric Membership Corp: 9 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cumberland Electric Membership Corp: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cumberland Electric Membership Corp: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Electric and telecommunications cooperative
Contact & location
- Address
- Po Box 3300, Clarksville, TN, 37043
- City
- Clarksville
- State
- Tennessee
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $259.5M (FY2013) to $364.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $397.8MNet assets $264.9M
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$662.6M
Total liabilities
$397.8M
Net assets
$264.9M
Salaries & benefits
$44.9M
13% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $364,091,551▲2.4% | $343,919,624▼0.8% | $264,855,094▲8.1% | $662,631,203▲13.8% | 990 |
| 2022 | $355,388,039▲8.4% | $346,845,038▲11.0% | $244,919,601▲3.7% | $582,037,721▲4.0% | 990 |
| 2021 | $327,722,843▲11.5% | $312,425,575▲11.1% | $236,095,055▲6.9% | $559,882,187▲13.1% | 990 |
| 2020 | $293,905,888▲3.3% | $281,108,006▲1.4% | $220,774,079▲6.6% | $494,919,733▲26.7% | 990 |
| 2019 | $284,435,602▼2.6% | $277,323,621▼0.8% | $207,068,506▲3.1% | $390,596,115▲6.3% | 990 |
| 2018 | $292,117,459▲2.7% | $279,505,759▲3.3% | $200,754,800▲6.8% | $367,410,014▲3.7% | 990 |
| 2017 | $284,438,947▲6.8% | $270,527,415▲4.5% | $188,041,900▲8.8% | $354,376,794▲6.1% | 990 |
| 2016 | $266,377,142▲5.7% | $258,908,194▲6.0% | $172,835,500▲4.5% | $333,955,309▼2.0% | 990 |
| 2015 | $251,946,399▼3.7% | $244,322,752▼3.6% | $165,445,700▲5.9% | $340,880,255▲2.6% | 990 |
| 2014 | $261,599,093▲0.8% | $253,361,115▲1.2% | $156,238,606▲5.6% | $332,283,601▲2.1% | 990 |
| 2013 | $259,502,330 | $250,412,810▲6.6% | $147,956,894▲18.1% | $325,432,682▲15.0% | 990 |
| 2010 | — | $234,859,542 | $125,257,070 | $283,107,936 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Christopher Davis — $339,461 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher Davis | General Manager | 45 | $339,461 |
| William Abernathy | Mgr, Oper Div | 47 | $214,350 |
| Mark Cook | Manager, Broad Div | 48 | $210,781 |
| Annebelle Pittenger | Mgr, Admin Div | 44 | $206,814 |
| Brad Taylor | Manager Fin Svc | 44 | $178,936 |
| Jonathan Fielder | Mgr of Engineering | 45 | $176,249 |
| Michael Blackwell | Mgr. District Ops | 50 | $172,414 |
| Angela Adkins | Controller | 42 | $117,688 |
| Michael Batson | Controller | 40 | $93,400 |
| Shela K Williams | Sec/treasurer | 15 | $23,150 |
| Wesley H Aymett | Vice President | 15 | $22,050 |
| Edgar Earl Swan | Director | 15 | $21,350 |
| Tommy G Whittaker | President | 12 | $20,750 |
| Edward Oliver | Director | 10 | $19,750 |
| Dr K Jean Beauchamp | Assist Sec/trea | 8 | $18,450 |
| Bryan Watson | Director | 6 | $17,650 |
| Michael A Mason | Director | 12 | $17,200 |
| Charlie R Hancock | Director | 7 | $13,550 |
| Charles D Morgan | Director | 9 | $12,850 |
| Rodney Swearingen | Director | 12 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Stuart C Irby Co | Materials | $16,596,032 |
| Erivn Cable Construction LLC | Construction Contractor | $14,303,721 |
| Mdr Construction | Construction Contractor | $10,663,735 |
| Techline Inc | Materials | $10,286,138 |
| Look Great Services of Ms Inc | Right of Way Clearng | $9,864,436 |
Frequently asked questions
- Is Cumberland Electric Membership Corp a legitimate nonprofit?
- Yes. Cumberland Electric Membership Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 62-0174870, based in Clarksville, Tennessee.
- What is Cumberland Electric Membership Corp's EIN?
- Cumberland Electric Membership Corp's Employer Identification Number (EIN) is 62-0174870.
- How much revenue does Cumberland Electric Membership Corp report?
- Cumberland Electric Membership Corp reported $364,091,551 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cumberland Electric Membership Corp's spending goes to programs?
- Cumberland Electric Membership Corp spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cumberland Electric Membership Corp have?
- CharityIndex grades Cumberland Electric Membership Corp A, based on program efficiency and fundraising cost.
- How much does Cumberland Electric Membership Corp's highest-paid employee make?
- The highest reported compensation on Cumberland Electric Membership Corp's latest Form 990 is $339,461, paid to Christopher Davis (General Manager).
More nonprofits in Clarksville
Explore more
Data for Cumberland Electric Membership Corp (EIN 62-0174870) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.