Skip to main content
Filing year 2024

Middle Tennessee Electric Membership Corporation

Murfreesboro, Tennessee·EIN 62-0293472·501(c)(12)
Total revenue
$991.2M
Total assets
$1.2B
Total expenses
$991.2M
Reported officers
29
Mission

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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 29 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$1.4M
$1.5M
Base
$758k
Bonus
Other
$272k
Benefits
$23k
COO
Above 90th percentile
$577k
$612k
Base
$428k
Bonus
$10k
Other
$3k
Benefits
$24k
Chro
Key Employee
Above 90th percentile
$489k
$519k
Base
$296k
Bonus
Other
$8k
Benefits
$24k
Special Proj Mgr
Highest Compensated Employee
Above 90th percentile
$452k
$480k
Base
$410k
Bonus
Other
$2k
Benefits
$11k
CFO
Above 90th percentile
$419k
$445k
Base
$311k
Bonus
Other
$9k
Benefits
$24k
VP Engineering
Board Vice President
Above 90th percentile
$405k
$429k
Base
$230k
Bonus
Other
$7k
Benefits
$23k
VP of Comm Rel & Mem Svcs
Board Vice President
Above 90th percentile
$375k
$397k
Base
$260k
Bonus
Other
$8k
Benefits
$23k
Assistant General Manager
General Manager
75th to 90th percentile
$359k
$380k
Base
$262k
Bonus
Other
$26k
Benefits
$8k
VP of Is and Tech
Board Vice President
Above 90th percentile
$340k
$361k
Base
$225k
Bonus
Other
$5k
Benefits
$22k
VP of Operations
Board Vice President
Above 90th percentile
$334k
$354k
Base
$238k
Bonus
Other
$7k
Benefits
$23k
Asst Ops Supv
Highest Compensated Employee
75th to 90th percentile
$315k
$335k
Base
$300k
Bonus
Other
$2k
Benefits
$11k
Working Foreman
Highest Compensated Employee
75th to 90th percentile
$311k
$330k
Base
$231k
Bonus
Other
$2k
Benefits
$22k
Ops Supv
Highest Compensated Employee
75th to 90th percentile
$303k
$322k
Base
$288k
Bonus
Other
$2k
Benefits
$11k
VP of Finance
Board Vice President
75th to 90th percentile
$302k
$321k
Base
$248k
Bonus
Other
$2k
Benefits
$23k
Lineman
Highest Compensated Employee
75th to 90th percentile
$295k
$313k
Base
$244k
Bonus
Other
$2k
Benefits
$24k
Board Chairman
Board Chair
Median to 75th percentile
$48k
$51k
Director
Board Member
Median to 75th percentile
$36k
$38k
Director
Board Member
Median to 75th percentile
$36k
$38k
Director
Board Member
Median to 75th percentile
$36k
$38k
Director
Board Member
Median to 75th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$35k
$37k
Board Secretary/treasurer
Officer (Unspecified)
$34k
$36k
Board Vice Chairman
Board Chair
Median to 75th percentile
$34k
$36k
Director
Board Member
Median to 75th percentile
$34k
$36k
Director
Board Member
Median to 75th percentile
$33k
$34k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Held steady
from 2023

From $1.4M in 2023 to $1.4M in 2024.

$1.4M
2023
$1.4M
2024
In today's dollarsEst.
Down 2% in real terms$1.5M to $1.5M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 10%.

$1.4M in 2023 to $1.4M in 2024.
  • Chief Operating Officer pay rose 10% from 2023 to 2024.
  • Key Employee pay rose 12% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Middle Tennessee Electric Membership Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$897.3M
$897.3M
2023
$991.2M
$991.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Middle Tennessee Electric Membership Corporation

What does the Chief Executive Officer of Middle Tennessee Electric Membership Corporation earn?

In 2024, the Chief Executive Officer of Middle Tennessee Electric Membership Corporation received $1,373,754 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Middle Tennessee Electric Membership Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Middle Tennessee Electric Membership Corporation falls in the top 10%.

What are Middle Tennessee Electric Membership Corporation's revenue and expenses?

In 2024, Middle Tennessee Electric Membership Corporation reported $991.2M in total revenue and $991.2M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.