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Middle Tennessee Electric

MURFREESBORO, TN EIN: 62-0293472 Website

Middle Tennessee Electric Membership Corporation's mission is to provide affordable, reliable, safe electricity and outstanding member service.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2B

+8.7% YoY

Revenue

$991.2M

+10.5% YoY

Net Investment Income

$2.7M

+18.1% YoY

Expenses

$991.2M

+10.5% YoY

About Middle Tennessee Electric

Based on IRS filings

Middle Tennessee Electric is a nonprofit organization, based in MURFREESBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2B in total assets. Net investment income was $2.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Murfreesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$273M$545M$818M$1.1B20202021202220232024
Metric202420232022
Total Assets$1,248,197,177$1,148,117,576$1,060,592,430
Revenue$991,192,614$897,322,235$956,556,588
Expenses$991,192,614$897,322,235$956,556,588
Qualifying Distributions
Net Investment Income$2,681,756$2,270,295$2,508,910
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$92K$185K$277K$369K0 grants20200 grants20210 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Chris JonesPresident/CEO$1.0MBrad GibsonCOO$441KLori WilliamsSpecial Proj Mgr$412KCindy LayneCFO$320KGray BatemanCHRO$305KAnthony BrownAsst Ops Supv$303KTim MayoOps Supv$290KP D MynattAssistant General Manager$288KRobert WhiteVP of Comm Rel & Mem Svcs$268KTuan BlankVP of Finance$250KDan C BondsLineman$246KDan DementVP of Operations$245KKeith ThomasonVP Engineering$237KAdam FewellWorking Foreman$233KJohn HarrisVP of IS and Tech$230KSteve SegerBoard Chairman$48KMike WoodsDirector$36KDavid LeeDirector$36KHarold Gordon Bone JrDirector$36KCharles BowmanDirector$35KRoss BradleyDirector$35KVanessa James HickmanBoard Secretary/Treasurer$34KJames E MillsBoard Vice Chairman$34KGloria O'SteenDirector$34KWill JordanDirector$33KMaureen ThorntonDirector$24KShervondalonn BrownDirector$18KLynn EdwardsDirector$14KAnn LittleDirector$5K

From 2024 filing

NameTitleHoursCompensation
Ann LittleDirector4$5,100
James E MillsBoard Vice Chairman9$33,740
Ross BradleyDirector15$34,740
Harold Gordon Bone JrDirector13.5$35,550
Gloria O'SteenDirector10$33,730
David LeeDirector15$35,710
Shervondalonn BrownDirector7$17,850
Mike WoodsDirector14.5$35,730
Lynn EdwardsDirector15$14,450
Steve SegerBoard Chairman18$48,490
Charles BowmanDirector13$35,360
Will JordanDirector18$32,520
Vanessa James HickmanBoard Secretary/Treasurer6$34,330
Maureen ThorntonDirector8.5$24,250
Chris JonesPresident/CEO58$1,030,300
Cindy LayneCFO55$319,623
P D MynattAssistant General Manager40$287,785
Brad GibsonCOO59$440,712
Robert WhiteVP of Comm Rel & Mem Svcs40$267,883
Keith ThomasonVP Engineering41$236,848
Gray BatemanCHRO55$304,503
Tuan BlankVP of Finance55$249,998
Dan DementVP of Operations50$245,308
John HarrisVP of IS and Tech50$230,094
Dan C BondsLineman60$245,554
Adam FewellWorking Foreman60$233,049
Lori WilliamsSpecial Proj Mgr40$412,109
Anthony BrownAsst Ops Supv40$302,722
Tim MayoOps Supv40$290,327

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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