Gibson Electric Membership

Nonprofit profile at a glance

EIN
620212280
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Trenton, TN, USA
Phone
7318554740
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$137,258,147
Expenses
$129,837,548
Assets
$281,505,602
Liabilities
$140,097,093

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • Dan Rodamaker (Pres. & CEO)

Highest reported compensation

  • Dan Rodamaker (Pres. & CEO): $629,063 total reported compensation
  • Barry Smith (VP of Operations): $393,335 total reported compensation
  • Charles Phillips (VP of Technical Srvc): $386,449 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Gibson EMC is an electric cooperative owned by its members. Gibson EMC, and its wholly-owned subsidiary Gibson Connect, supply energy and fiber services throughout a 12-county service area in northwest Tennessee and southwest Kentucky.

What it reported doing in 2025

Gibson EMC has 3,639 miles of electric line and 40,110 meters in Crockett, Dyer, Gibson, Haywood, Lake, Lauderdale, Madison, and Obion Counties in Tennessee and Carlisle, Fulton, Graves and Hickman counties in Kentucky. Gibson Connect, Gibson EMC's wholly-owned subsidiary, provides fiber services to various accounts throughout Gibson EMC's service area with 3,639 miles of fiber lines and 21,452 customers. The Corporate office is located in Trenton, Tennessee with member service centers in Alamo, Tiptonville, Trenton, Medina, and Troy, Tennessee and Clinton, Kentucky.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.4%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 2.17; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 31.9% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 100% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $629K · 22 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $11M reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.