Skip to content
ProPublica Donate
ProPublica Donate

Valley Electric Membership Corporation

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$32 (2023)

Expenses
$4.15k (2023)

Total Assets
$15.3k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$32
Expenses
$4,150
Net Income
-$4,118
Net Assets
$15,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32
100%
Assets/Debt
Total Assets $15,318
Total Liabilities $0
Net Assets $15,318
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1
Expenses
$150
Net Income
-$149
Net Assets
$19,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1
100%
Assets/Debt
Total Assets $19,436
Total Liabilities $0
Net Assets $19,436
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$150
Net Income
-$150
Net Assets
$19,585
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $19,585
Total Liabilities $0
Net Assets $19,585
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$650
Net Income
-$650
Net Assets
$19,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $19,735
Total Liabilities $0
Net Assets $19,735
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$105
Expenses
$76,150
Net Income
-$76,045
Net Assets
$20,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $105
100%
Assets/Debt
Total Assets $20,385
Total Liabilities $0
Net Assets $20,385
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$5,950
Expenses
$34,160
Net Income
-$28,210
Net Assets
$96,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,950
100%
Assets/Debt
Total Assets $96,430
Total Liabilities $0
Net Assets $96,430
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Other
Terry Lambert (Director) $0 $0
Jo Nell Campbell (Director) $0 $0
Walter Meshell Jr (Director) $0 $0
Therman Nash (Director) $0 $0
Johnny Possoit (Chairman) $0 $0
Charlotte Brown (Sec/Treasurer) $0 $0
Kevin Mccracken (Vice President) $0 $0
Thomas J Epperson (President/Ceo) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,673
Expenses
$36,650
Net Income
-$34,977
Net Assets
$124,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,673
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $124,640
Total Liabilities $0
Net Assets $124,640
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Terry Lambert (Director) $0 $0 $0
Johnny Possoit (Chairman) $0 $0 $0
Charlotte Brown (Sec/Treas) $0 $0 $0
Jo Nell Campbell (Director) $0 $0 $0
Walter Meshell Jr (Director) $0 $0 $0
Kevin Mccracken (Vp) $0 $0 $0
Therman Nash (Director) $0 $0 $0
Thomas J Epperson (Pres/Ceo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,223
Expenses
$291,180
Net Income
-$208,957
Net Assets
$159,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $82,223
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,910
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $159,617
Total Liabilities $0
Net Assets $159,617
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Thomas J Epperson (Pres/Ceo) $6,910 $0 $0
Terry Lambert (Director) $0 $0 $0
Johnny Possoit (Chairman) $0 $0 $0
Charlotte Brown (Sec/Treas) $0 $0 $0
Jo Nell Campbell (Director) $0 $0 $0
Walter Meshell Jr (Director) $0 $0 $0
Kevin Mccracken (Vp) $0 $0 $0
Therman Nash (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,604
Expenses
$125,285
Net Income
-$43,681
Net Assets
$1,195,814
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $81,604
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,503
14.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,195,814
Total Liabilities $0
Net Assets $1,195,814
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Thomas J Epperson (Pres/Ceo) $16,420 $0 $0
Kevin Mccracken (Vp) $2,083 $0 $0
Terry Lambert (Director) $0 $0 $0
Johnny Possoit (Chairman) $0 $0 $0
Charlotte Brown (Sec/Treas) $0 $0 $0
Jo Nell Campbell (Director) $0 $0 $0
Walter Meshell Jr (Director) $0 $0 $0
Therman Nash (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$89,821
Expenses
$332,231
Net Income
-$242,410
Net Assets
$1,239,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $89,821
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $17,794
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,239,495
Total Liabilities $0
Net Assets $1,239,495
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Thomas J Epperson (Pres/Ceo) $11,545 $0 $0
Johnny Possoit (Chairman) $2,083 $0 $0
Walter Meshell Jr (Director) $2,083 $0 $0
Therman Nash (Director) $2,083 $0 $0
Terry Lambert (Director) $0 $0 $0
Charlotte Brown (Sec/Treas) $0 $0 $0
Jo Nell Campbell (Director) $0 $0 $0
Kevin Mccracken (Vp) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$454
Expenses
$369,963
Net Income
-$369,509
Net Assets
$1,589,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $454
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,215,981
Total Liabilities $626,228
Net Assets $1,589,753
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Terry Lambert (Director) $0 $0 $0
Johnny Possoit (Chairman) $0 $0 $0
Charlotte Brown (Sec/Treas) $0 $0 $0
Leon Campbell (Director) $0 $0 $0
Walter Meshell Jr (Director) $0 $0 $0
Kevin Mccracken (Vp) $0 $0 $0
Therman Nash (Director) $0 $0 $0
Thomas J Epperson (Pres/Ceo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,587,081
Expenses
$549,984
Net Income
-$2,137,065
Net Assets
$1,960,382
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,576
Investment Income $109,997
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$1,733,654
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,493,129
Total Liabilities $1,532,747
Net Assets $1,960,382
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$90,328
Expenses
$201,416
Net Income
-$111,088
Net Assets
$10,454,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$25,231
Investment Income $115,559
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,174,533
Total Liabilities $1,720,294
Net Assets $10,454,239
Club or Co-Op Income
Income From Members $201,019
Income From Other Sources $203,348

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,614,143
Expenses
$66,173,534
Net Income
-$5,559,391
Net Assets
$23,513,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $62,636,367
> 100%
Investment Income $114,066
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,136,290
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,760,236
Total Liabilities $3,246,597
Net Assets $23,513,639
Club or Co-Op Income
Income From Members $62,340,449
Income From Other Sources $101,959,796

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »