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Filing year 2023

SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION

Brownsville, Tennessee·EIN 62-0366645·501(c)(12)
Total revenue
$136.9M
Total assets
$260M
Total expenses
$123.7M
Reported officers
26
Mission

PROVIDE ELECTRICITY AND BROADBAND INTERNET ACCESS TO OUR COOPERATIVE MEMBERS IN RURAL AREAS OF SOUTHWEST TENNESSEE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2023

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

President
Above 90th percentile
$466k
$509k
Base
$296k
Bonus
$350
Other
$9k
Benefits
$16k
Lead Lineman
Key Employee
Median to 75th percentile
$216k
$236k
Base
$177k
Bonus
$1k
Other
$791
Benefits
$8k
VP Technical
Board Vice President
Median to 75th percentile
$212k
$231k
Base
$165k
Bonus
$6k
Other
$3k
Benefits
$23k
Journeyman L
Key Employee
Median to 75th percentile
$211k
$230k
Base
$172k
Bonus
$650
Other
$149
Benefits
$23k
VP Finance,
Vice President
75th to 90th percentile
$199k
$217k
Base
$155k
Bonus
$6k
Other
$8k
Benefits
$16k
VP Engineeri
Board Vice President
Median to 75th percentile
$199k
$217k
Base
$149k
Bonus
$6k
Other
$7k
Benefits
$23k
Lead Lineman
Key Employee
Median to 75th percentile
$196k
$214k
Base
$165k
Bonus
$1k
Other
$184
Benefits
$23k
VP Operation
Board Vice President
Median to 75th percentile
$194k
$212k
Base
$165k
Bonus
$6k
Other
$8k
Benefits
$336
Journeyman L
Key Employee
Median to 75th percentile
$193k
$210k
Base
$155k
Bonus
$1k
Other
$99
Benefits
$23k
Journeyman L
Key Employee
Median to 75th percentile
$189k
$207k
Base
$152k
Bonus
$600
Other
$68
Benefits
$23k
Journeyman L
Highest Compensated Employee
Median to 75th percentile
$186k
$203k
Base
$148k
Bonus
$600
Other
$149
Benefits
$23k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$182k
$199k
Base
$146k
Bonus
$450
Other
$209
Benefits
$23k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$182k
$199k
Base
$142k
Bonus
$400
Other
$2k
Benefits
$23k
Lead Lineman
Key Employee
Median to 75th percentile
$175k
$191k
Base
$152k
Bonus
$600
Other
$147
Benefits
$8k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$174k
$190k
Base
$136k
Bonus
$250
Other
$1k
Benefits
$23k
Journeyman L
Highest Compensated Employee
Median to 75th percentile
$173k
$189k
Base
$137k
Bonus
$600
Other
$99
Benefits
$23k
Director
Board Member
Median to 75th percentile
$31k
$34k
Director
Board Member
Median to 75th percentile
$28k
$30k
Chairman
Board Chair
25th percentile to median
$23k
$25k
Director
Board Member
Median to 75th percentile
$21k
$22k
Vice-chairma
Officer (Unspecified)
$18k
$20k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$12k
$13k
Secretary/tr
Officer (Unspecified)
$11k
$11k
Director
Board Member
25th percentile to median
$10k
$11k

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.

Up 39%
from 2022

From $335k in 2022 to $466k in 2023.

$335k
2022
$466k
2023
In today's dollarsEst.
Up 33% in real terms$383k to $509k

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 39% from 2022 to 2023, while revenue rose 3%.

$335k in 2022 to $466k in 2023.
  • Board Vice President pay rose 13% from 2022 to 2023.
  • Vice President pay rose 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$132.8M
$124.2M
2022
$136.9M
$123.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Executive Officer of SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION earn?

In 2023, the Chief Executive Officer of SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION received $466,264 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 SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

What are SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2023, SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION reported $136.9M in total revenue and $123.7M in total expenses on its IRS Form 990.

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