POWELL VALLEY ELECTRIC COOPERATIVE Charity Report

Public IRS 990 nonprofit record

POWELL VALLEY ELECTRIC COOPERATIVE

EIN 54-0345615 · Telecommunications (W50)

What they do

DISTRIBUTION of TVA-GENERATED POWER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.6%of expenses went to mission work86.90% of revenue

$98.92spent for every $100 of revenueRevenue covered expenses this year.

6.4%of expenses went to management and office costs6.00% of revenue

$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $243,657 for MICHAEL COPPOCK (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services93.6% of expenses86.90% of revenue

ManagementOffice and general costs6.4% of expenses6.00% of revenue

FundraisingAsking for donations0.0% of expenses

Total expenses92.90% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202093.6% mission

201993.9% mission

201894.2% mission

201794.0% mission

201693.6% mission

201593.6% mission

Money in and money out

Revenue$82,117,471

Expenses$81,228,212

Annual surplus $889,259 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$53,131,350 · 65.4% of expenses

Management and office costs$3,657,069 · 4.5% of expenses

See all reported dollar amounts

Revenue$82,117,471

Expenses$81,228,212

Assets$124,692,493

Income$82,117,471

Mission work (program services)$53,131,350

Stocks and bonds$1,075,290

Accounting fees$27,600

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL COPPOCKGENERAL MANAGER · 50 hrs/week $243,657Base $224,744 · Other $18,913

CHARLES S GOODINASSISTANT GENERAL MANAGER · 40 hrs/week $186,096Base $172,782 · Other $13,314

TRAVIS TOLLIVERDIRECTOR OF OPERATIONS · 40 hrs/week $179,809Base $161,387 · Other $18,422

MICHAEL LOPERFIRST CLASS LINEMAN · 55 hrs/week $168,510Base $150,575 · Other $17,935

RONNIE PARKERFIRST CLASS LINEMAN · 53 hrs/week $161,174Base $143,387 · Other $17,787

JOEY SOUTHERNAREA SUPERVISOR · 40 hrs/week $154,435Base $141,462 · Other $12,973

BILL SURBERBOARD PRESIDENT · 6 hrs/week $18,242Base $1,200 · Other $17,042

MICHAEL SHOCKLEYBOARD DIRECTOR · 2 hrs/week $12,820Base $975 · Other $11,845

TRACEY SHARPBOARD VICE PRESIDENT · 4 hrs/week $7,990Base $1,875 · Other $6,115

JUDY ROBERTSONBOARD SECRETARY/TREASURER · 2 hrs/week $7,340Base $1,275 · Other $6,065

LENA SHORTBOARD DIRECTOR · 2 hrs/week $7,165Base $1,050 · Other $6,115

LOGAN SHEPARDBOARD DIRECTOR · 2 hrs/week $6,499Base $6,150 · Other $349

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

MICHAEL COPPOCKGENERAL MANAGER

CHARLES S GOODINASSISTANT GENERAL MANAGER

TRAVIS TOLLIVERDIRECTOR OF OPERATIONS

MICHAEL LOPERFIRST CLASS LINEMAN

RONNIE PARKERFIRST CLASS LINEMAN

JOEY SOUTHERNAREA SUPERVISOR

BILL SURBERBOARD PRESIDENT

MICHAEL SHOCKLEYBOARD DIRECTOR

TRACEY SHARPBOARD VICE PRESIDENT

JUDY ROBERTSONBOARD SECRETARY/TREASURER

LENA SHORTBOARD DIRECTOR

LOGAN SHEPARDBOARD DIRECTOR

GARY L RUSSELLBOARD DIRECTOR

RICKY WESTBOARD DIRECTOR

J ALLEN PARKEYBOARD DIRECTOR

ROGER A BALLBOARD PRESIDENT (RETIRED)

RUSSELL ESSARYBOARD DIRECTOR

About this charity

Recognized since: January 1940
Location: PO BOX 1528, NEW TAZEWELL, TN 37824
County: Claiborne
In care of: BRAD COPPOCK
Primary officer: BRAD COPPOCK, GENERAL MANAGER

How to reach them

WebsiteVisit the charity’s website Phone(423) 626-0703

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PUGH & COMPANY PC
NTEE classification: Telecommunications (W50)
IRS tax category: Telecommunications