Meriwether Lewis Electric Cooperative
501(c)(12)
Strong reserves Growing revenue
Meriwether Lewis Electric Cooperative is a 501(c)(12) organization based in Centerville, Tennessee, registered in 1942, with $145,999,618 in FY2024 revenue.
Po Box 240, Centerville, TN, 37033 EIN 62-0292655 Since 1942
Revenue (FY2024)
$146.0M
▲ 9.6% vs prior year
Expenses (FY2024)
$136.5M
Net assets
$92.0M
Employees
135
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Meriwether Lewis Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating8 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 Meriwether Lewis Electric Cooperative: 8 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Meriwether Lewis Electric Cooperative: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Meriwether Lewis Electric Cooperative: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Rural electricity distribution and broadband internet and communication services.
What they do
Provision of broadband internet and communication services via fiber optic network to rural homes and businesses in the cooperative's service area. the organization had connected 18,429 customers as of 6/30/2025.
Contact & location
- Address
- Po Box 240, Centerville, TN, 37033
- City
- Centerville
- State
- Tennessee
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $90.2M (FY2013) to $146.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $114.4MNet assets $92.0M
Operating margin
6.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$206.4M
Total liabilities
$114.4M
Net assets
$92.0M
Salaries & benefits
$2.3M
2% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $145,999,618▲9.6% | $136,532,296▲9.5% | $91,990,435▲10.8% | $206,439,138▲5.2% | 990 |
| 2023 | $133,216,158▲0.4% | $124,635,068▼3.1% | $83,033,117▲10.8% | $196,267,923▲2.5% | 990 |
| 2022 | $132,689,305▲10.9% | $128,647,989▲10.3% | $74,962,357▲4.9% | $191,483,163▲6.7% | 990 |
| 2021 | $119,621,039▲9.9% | $116,651,290▲10.4% | $71,429,918▲15.2% | $179,486,251▲13.9% | 990 |
| 2020 | $108,834,399▲4.8% | $105,644,107▲3.3% | $62,026,194▲5.4% | $157,637,371▲10.5% | 990 |
| 2019 | $103,895,171▼0.7% | $102,246,739▼0.1% | $58,838,567▲2.9% | $142,630,844▲15.1% | 990 |
| 2018 | $104,667,994▼0.1% | $102,349,052▲0.2% | $57,193,955▲4.2% | $123,902,561▲5.1% | 990 |
| 2017 | $104,736,465▲2.2% | $102,133,758▲2.6% | $54,879,248▲5.0% | $117,886,175▲1.3% | 990 |
| 2016 | $102,500,603▲5.3% | $99,561,174▲4.0% | $52,281,786▲20.3% | $116,393,606▲1.4% | 990 |
| 2015 | $97,340,113▼2.6% | $95,737,381▼2.2% | $43,444,766▲5.0% | $114,799,667▲0.3% | 990 |
| 2014 | $99,967,021▲10.8% | $97,894,112▲7.4% | $41,367,694▲6.6% | $114,499,557▼0.1% | 990 |
| 2013 | $90,243,938 | $91,126,741▲14.3% | $38,821,560▼1.0% | $114,602,678▲4.4% | 990 |
| 2012 | — | $79,755,448▲3.8% | $39,231,803▲5.3% | $109,753,794▲4.9% | 990 |
| 2011 | — | $76,846,396 | $37,244,247 | $104,604,750 | 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 (FY2024)
Highest-paid: Keith Carnahan — $305,912 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Keith Carnahan | President An | 60 | $305,912 |
| Ken Little | Vp-emerg. Te | 50 | $182,025 |
| Miranda Mccaleb | Vp-employee/ | 50 | $180,659 |
| Shane Mccrory | Vp-info Tech | 50 | $179,769 |
| Blake Harper | Vp - Admin S | 50 | $172,503 |
| Edward W Greenwell | Vp-oper. & E | 50 | $162,634 |
| Karl Reynen | Employee | 60 | $148,331 |
| William Blackwell | Employee | 48 | $143,785 |
| Jason Graves | Employee | 50 | $139,506 |
| David Qualls | Employee | 47 | $138,771 |
| Barry Wilson | Employee | 50 | $135,892 |
| Melissa Sanderson | Corporate Se | 40 | $75,157 |
| Jeffrey D Peery Dds | Vice Chair | 3.89 | $36,701 |
| Bill Webb | Director | 2.21 | $36,178 |
| David Wayne Qualls | Director | 1.75 | $35,658 |
| Johnnie Ruth Elrod | Director | 6.36 | $35,363 |
| Jessie Wallace | Director | 1.76 | $33,868 |
| David Daniel | Director | 1.01 | $32,332 |
| Larry D Mayberry | Director | 1.27 | $30,778 |
| Andrew Porch | Director | 1.93 | $26,932 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Service Electric Company | Contract Line | $2,471,750 |
| Rw's Tree Service LLC | Contract Row | $1,229,789 |
| Trees Inc | Contract Row | $862,719 |
| Cablesouth Construction LLC | Contract Fiber | $439,063 |
| All Around Underground LLC | Underground | $413,061 |
Frequently asked questions
- Is Meriwether Lewis Electric Cooperative a legitimate nonprofit?
- Yes. Meriwether Lewis Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 62-0292655, based in Centerville, Tennessee.
- What is Meriwether Lewis Electric Cooperative's EIN?
- Meriwether Lewis Electric Cooperative's Employer Identification Number (EIN) is 62-0292655.
- How much revenue does Meriwether Lewis Electric Cooperative report?
- Meriwether Lewis Electric Cooperative reported $145,999,618 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Meriwether Lewis Electric Cooperative's highest-paid employee make?
- The highest reported compensation on Meriwether Lewis Electric Cooperative's latest Form 990 is $305,912, paid to Keith Carnahan (President An).
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Data for Meriwether Lewis Electric Cooperative (EIN 62-0292655) 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.