KNOXVILLE TVA EMPLOYEES CREDIT UNION Charity Report

Public IRS 990 nonprofit record

KNOXVILLE TVA EMPLOYEES CREDIT UNION

EIN 62-0263105 · Arts, Culture & Humanities (A)

What they do

STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 303,836 MEMBERS, to PROMOTE THRIFT, ISSUE SHARES THAT MAINTAIN ACCOUNTS and MAKE LOANS to OUR MEMBERS. FUNDS NOT NEEDED for LIQUIDITY or for LOANS ARE TEMPORARILY INVESTED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 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 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

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

Money made simple

74.98%of revenue went to mission work100.0% of expenses · Program services

$74.98spent for every $100 of revenueRevenue covered expenses this year.

$20.67in 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 $1,039,743 for LYNN SUMMERS (PRESIDENT & CHIEF EXECUTIVE OFFICER). 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 2025

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$331,431,202

Mission workProgram services$248,511,77374.98% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$82,919,42925.02% of revenueShown in gray on the chart

Total expenses$248,511,77374.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 74.98% of revenue

2024Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 78.22% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 74.03% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 70.39% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 68.55% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 79.35% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 77.90% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 77.18% of revenue

Money in and money out

Revenue$331,431,202

Expenses$248,511,773

Annual surplus $82,919,429 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)$248,511,773 · 100.0% of expenses

See all reported dollar amounts

Revenue$331,431,202

Expenses$248,511,773

Assets$5,136,306,928

Income$331,431,202

Mission work (program services)$248,511,773

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

LYNN SUMMERSPRESIDENT & CHIEF EXECUTIVE OFFICER · 40 hrs/week $1,039,743Base $1,012,290 · Other $27,453

KIMBERLEY TRIMBLEEVP & CHIEF ADMINISTRATIVE OFFICER · 40 hrs/week $487,345Base $458,928 · Other $28,417

SHANNON YORKSR VP & CHIEF FINANCIAL OFFICER · 40 hrs/week $487,183Base $454,636 · Other $32,547

REBECCA KOLLENBERGSR VP & CHIEF SUPPORT OFFICER · 40 hrs/week $424,439Base $397,813 · Other $26,626

JEFF COTTONVP & CHIEF INFORMATION OFFICER · 40 hrs/week $367,663Base $342,904 · Other $24,759

RUSTY ARWOODVP BUSINESS SERVICES · 40 hrs/week $274,179Base $245,480 · Other $28,699

DENISE ODELLVP OF ELECTRONIC SERVICES · 40 hrs/week $273,754Base $246,649 · Other $27,105

TRACY NICHOLSVP & CONTROLLER · 40 hrs/week $269,343Base $241,384 · Other $27,959

PAMELA WESTONVP & CHIEF TECHNOLOGY OFFICER · 40 hrs/week $255,719Base $233,966 · Other $21,753

KEITH TURNERAVP OF IT OPERATIONS · 40 hrs/week $235,911Base $209,931 · Other $25,980

DAVID D LEEVP OF CONSUMER LENDING · 40 hrs/week $208,868Base $188,098 · Other $20,770

KIMBERLY ELKINSVP OF INTERNAL AUDIT · 40 hrs/week $207,683Base $186,995 · Other $20,688

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 (31)

LYNN SUMMERSPRESIDENT & CHIEF EXECUTIVE OFFICER

KIMBERLEY TRIMBLEEVP & CHIEF ADMINISTRATIVE OFFICER

SHANNON YORKSR VP & CHIEF FINANCIAL OFFICER

REBECCA KOLLENBERGSR VP & CHIEF SUPPORT OFFICER

JEFF COTTONVP & CHIEF INFORMATION OFFICER

RUSTY ARWOODVP BUSINESS SERVICES

DENISE ODELLVP OF ELECTRONIC SERVICES

TRACY NICHOLSVP & CONTROLLER

PAMELA WESTONVP & CHIEF TECHNOLOGY OFFICER

KEITH TURNERAVP OF IT OPERATIONS

DAVID D LEEVP OF CONSUMER LENDING

KIMBERLY ELKINSVP OF INTERNAL AUDIT

MARK JENKINSVP OF RISK MANAGEMENT & COMPLIANCE

CHARLOTTE HAVELYVP OF MARKETING

ELIZABETH DUNNVP OF BRANCH OPERATIONS

KENDRA CARPENTERVP REAL ESTATE LENDING

DEREK S PHILLIPSAVP OF BUSINESS SERVICES

MICHAEL W JESSIEIT INFRASTRUCTURE MANAGER

ALICIA MCAULEYSUPPORT SERVICES DIRECTOR

BRIAN OWENSSYSTEM ADMINISTRATOR

DAWN MOSTEITVP OF TALENT MANAGEMENT

MICKA VADENVP OF BRANCH OPERATIONS

MITCHELL WEAVERASSISTANT CHAIRPERSON

BILL BONHAMTREASURER

SHERRY VERMILLIONSECRETARY

HOWARD ROSSERBOARD MEMBER

JAN CABLEASSISTANT SECRETARY

TIM HAYNESASSISTANT TREASURER

PAUL IVIEBOARD MEMBER

CLESTON O JONESBOARD MEMBER

ANDREA E BRACKETTCHAIRPERSON

About this charity

Recognized since: January 1952
Location: 301 WALL AVE, KNOXVILLE, TN 37902-1407
County: Knox
In care of: % KIM COPELAN
Primary officer: LYNN SUMMERS, PRESIDENTCEO

How to reach them

WebsiteVisit the charity’s website Phone(865) 544-5400

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: PETERS AND ASSOCIATES
NTEE classification: Arts, Culture & Humanities (A)
IRS tax category: Arts, Culture & Humanities