PLANTERS ELECTRIC MEMBERSHIP CORPORATION (EIN 580388085) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

NORMAN WILLIAMS

Phone

4789824722

Tax Period

2025-01-01 to 2025-12-31

PLANTERS ELECTRIC MEMBERSHIP CORPORATION, founded in 1936, is a mid-sized nonprofit that reported $45.6M in total revenue in fiscal year 2025.

Mission

PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $44,500,420

Investment Income $1,136,603

Other Revenue $0

TOTAL REVENUE $45,637,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,285,904

Fundraising Expenses $0

Other Expenses $39,062,780

TOTAL EXPENSES $45,637,023

Year-over-Year Comparison

	2025	2024	Change
Revenue	$45,637,023	$44,041,533	+0.0%
Expenses	$45,637,023	$44,041,533	+0.0%
Net Income	$0	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,167,181

Total Directors

$185,064

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AINSWORTH ZEAGLER	CHAIRMAN	3.00	Officer Director	$21,281	$0	$21,281
HORACE WEATHERSBY III	VICE CHAIRMA	3.00	Officer Director	$20,691	$0	$20,691
STANTON R HILLIS	SEC.-TREAS.	3.00	Officer Director	$24,369	$0	$24,369
JONATHAN CROCKETT	DIRECTOR	3.00	Director	$19,314	$0	$19,314
TODD BAZEMORE	DIRECTOR	3.00	Director	$20,800	$0	$20,800
DON I BURKE	DIRECTOR	3.00	Director	$21,009	$0	$21,009
MARY ROBBINS	DIRECTOR	3.00	Director	$19,600	$0	$19,600
G DEAN JOHNSON	DIRECTOR	3.00	Director	$18,400	$0	$18,400
RAYBURN G JOHNSON	DIRECTOR	3.00	Director	$19,600	$0	$19,600
NORMAN WILLIAMS	GENERAL MANA	50.00	Officer	$269,554	$92,832	$362,386
EDWARD M BRINSON	POWER SUPPLY	50.00	Officer	$636,071	$102,383	$738,454
WILLIAM J MCBRIDE	INFO. SYSTEM	45.00	Highest	$231,226	$80,613	$311,839
BRIAN FIELDS	LINE CREW FO	45.00	Highest	$193,750	$58,073	$251,823
WILLIAM WILSON	LINE SUPERIN	45.00	Highest	$191,477	$60,059	$251,536
PAULINE ADAMS	MGR. OF ADMI	45.00	Highest	$193,140	$69,262	$262,402
RANDAL HILL	MGR. OF MEMB	45.00	Highest	$187,834	$67,218	$255,052

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$45,637,023	$45,637,023	$126,485,415	No data
2024	$44,041,533	$44,041,533	$134,714,415	No data
2023	$41,020,584	$41,020,584	$116,810,085	No data
2022	$41,037,655	$41,037,655	$111,461,566	No data
2021	$39,510,736	$39,510,736	$105,957,686	No data
2020	$40,285,189	$40,285,189	$100,873,579	No data
2019	$40,785,425	$40,785,425	$98,598,425	No data
2018	$38,351,135	$38,351,135	$84,417,588	No data

PLANTERS ELECTRIC MEMBERSHIP CORPORATION