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PLATEAU ELECTRIC COOPERATIVE

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Public IRS 990 nonprofit record

PLATEAU ELECTRIC COOPERATIVE

EIN 62-0326835 · Mutual & Membership Benefit (Y)

What they do

PLATEAU ELECTRIC COOPERATIVE EXISTS TODAY to DISTRIBUTE QUALITY ELECTRICITY AT THE LOWEST POSSIBLE COST, PROMOTE and FACILITATE ECONOMIC DEVELOPMENT, and ENHANCE THE QUALITY of LIFE for ITS MEMBERS.

Before you give

Should I give to this charity?

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We do not have enough spending detail

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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 charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

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

Money made simple

$95.69spent for every $100 of revenueRevenue covered expenses this year.
$1.47in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $265,642 for JOHN PROFFITT (CEO). Compare pay with organizations of similar size and complexity.

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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.

Money in and money out

Revenue$51,335,434
Expenses$49,122,500
Annual surplus $2,212,934 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$51,335,434
Expenses$49,122,500
Assets$72,210,814
Income$51,335,434
Accounting fees$22,950
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
JOHN PROFFITTCEO · 50 hrs/week $265,642Base $216,106 · Other $49,536
JOEL MCCARTTDIRECTOR OF ENGINEERING · 50 hrs/week $222,408Base $155,864 · Other $66,544
RICHARD SEXTONLINE FOREMAN · 50 hrs/week $216,574Base $156,130 · Other $60,444
HUNTER HENRYJOURNEYMAN LINEMAN · 50 hrs/week $198,177Base $157,990 · Other $40,187
ANTHONY OVERTONGROUNDMAN · 50 hrs/week $196,150Base $149,982 · Other $46,168
RANDALL SHOEMAKERLINE FOREMAN · 50 hrs/week $190,417Base $141,653 · Other $48,764
ADAM CHAMBERSDIRECTOR OF OPERATIONS · 50 hrs/week $181,702Base $123,046 · Other $58,656
KEITH CRABTREEJOURNEYMAN LINEMAN · 50 hrs/week $167,242Base $138,182 · Other $29,060
ALFRED BRANIMMORGAN COUNTY MANAGER · 50 hrs/week $146,196Base $111,659 · Other $34,537
APRIL ARMSTRONGCFO · 50 hrs/week $60,928Base $46,498 · Other $14,430
VIC DAVISDIRECTOR · 12 hrs/week $25,550
BILL HALLVICE PRESIDENT · 10 hrs/week $24,150

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 (19)

JOHN PROFFITTCEO

JOEL MCCARTTDIRECTOR OF ENGINEERING

RICHARD SEXTONLINE FOREMAN

HUNTER HENRYJOURNEYMAN LINEMAN

ANTHONY OVERTONGROUNDMAN

RANDALL SHOEMAKERLINE FOREMAN

ADAM CHAMBERSDIRECTOR OF OPERATIONS

KEITH CRABTREEJOURNEYMAN LINEMAN

ALFRED BRANIMMORGAN COUNTY MANAGER

APRIL ARMSTRONGCFO

VIC DAVISDIRECTOR

BILL HALLVICE PRESIDENT

HARRY GOSNELLDIRECTOR

LEE ARMSTRONGDIRECTOR

TIM FREELSPRESIDENT

MARK KLINESECRETARY

STEVE LAMBERTTREASURER

CRAIG CHAMBERSDIRECTOR

PHILLIP JONESDIRECTOR

About this charity

Recognized since
January 1947
Location
16200 SCOTT HIGHWAY PO BOX 4669, ONEIDA, TN 37841
County
Scott
In care of
APRIL ARMSTRONG
Primary officer
APRIL ARMSTRONG, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
PARSONS & WRIGHT CPAS
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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