#425 of 500 · Member & Benefit Funds

Cumberland Electric Membership Corp

EIN 62-0174870 · TN · NTEE n/a · Form 990, fiscal 2024

A nonprofit electric distribution cooperative chartered in 1938 and headquartered in Clarksville, Tennessee. It is the third-largest distribution cooperative in Tennessee, serving more than 110,000 member-owners across Cheatham, Montgomery, Robertson, Stewart, and Sumner counties. Governed by a member-elected board and regulated by the Tennessee Valley Authority, CEMC purchases wholesale power from TVA and distributes it, and has also built out fiber internet, phone, and video services through its Cumberland Connect subsidiary.

Financials, fiscal 2024

Revenue

$364.1M

Expenses

$343.9M

Total assets

$662.6M

Net assets

$264.9M

Operating margin

5.5%

1-year growth

2.5%

5-year growth (CAGR)

6.4%

Reserve (years of spending)

9.2

Contributions share

1.4%

Programme spending

95.8%

Fundraising cost

0.0%

Executive pay share

0.27%

Employees

311

Revenue per employee

$1.2M

Grants paid

n/a

Years filing

61

NFP Health Score: 69 / 100

Financial 57 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history