Overview

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Est.

1940

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Powell Valley Electric Cooperative (EIN: 54-0345615) is a nonprofit organization dedicated to the distribution of TVA-generated power, primarily serving communities in Virginia and Tennessee. With an operating budget of $81.2 million and total revenue of $82.1 million for the filing year 2025, the cooperative plays a vital role in providing reliable public utilities. More information can be found on their website at www.pve.coop.

Mission Statement

DISTRIBUTION OF TVA-GENERATED POWER.
Revenues
$82.1M
Expenses
$81.2M
Net Income:
+$889.3K
Assets
$124.7M
Liabilities
$33.4M
Net Assets:
+$91.3M
Operating Budget
$81.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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L
Logan Shepard
Board Member
R
Ricky West
Board Member
R
Russell Essary
Board Member

Frequently Asked Questions

What is POWELL VALLEY ELECTRIC COOPERATIVE’s budget?
In 2025, POWELL VALLEY ELECTRIC COOPERATIVE reported an annual operating budget of around $81.2 million. More detailed financial information is available to registered users.
What causes does POWELL VALLEY ELECTRIC COOPERATIVE support?
POWELL VALLEY ELECTRIC COOPERATIVE supports work in Public utilities.
Where does POWELL VALLEY ELECTRIC COOPERATIVE operate?
POWELL VALLEY ELECTRIC COOPERATIVE is headquartered in New Tazewell, TN.