TENNESSEE VALLEY INDUSTRIAL CORPOR… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

PETE MATTHEIS

Phone

6159735866

Tax Period

2024-01-01 to 2024-12-31

TENNESSEE VALLEY INDUSTRIAL CORPORATION, founded in 1986, is a small nonprofit that reported $484K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $418K left a modest 14% surplus.

Mission

THE CORPORATION IS A VOLUNTEER MEMBERSHIP ORGANIZATION OPERATING AS A BUSINESS LEAGUE TO PROMOTE THE COMMON BUSINESS INTEREST OF ITS MEMBERS, INCLUDING ENSURING EFFICIENT AND ECONOMICAL USE OF ELECTRIC POWER IN THE TENNESSEE VALLEY AREA.

Program Service Accomplishments

Program 1

Expenses: $364,606

INTERACTION WITH TVA AND RELATED AGENCIES, STATE AND FEDERAL, TO ENSURE COMPETITIVE BUSINESS ENVIRONMENT AND ENERGY COSTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $477,815

Investment Income $6,588

Other Revenue $0

TOTAL REVENUE $484,403

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $364,606

Other Expenses $417,850

TOTAL EXPENSES $417,850

Year-over-Year Comparison

	2024	2023	Change
Revenue	$484,403	$335,333	+0.4%
Expenses	$417,850	$377,640	+0.1%
Net Income	$66,553	$-42,307	-2.6%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER MATTHEIS	CHAIRMAN AND PRESIDENT	3.00	Officer Director	$0	$0	$0
RICHARD HOLLAND	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT HOSKINS	DIRECTOR/CORPORATE SECRETA	20.00	Officer Director	$0	$0	$0
BARBARA KILGORE	PRICING CHAIR	3.00	Director	$0	$0	$0
KIRK COVINGTON	STRATEGIC PLANNING CHAIR	3.00	Director	$0	$0	$0
BRIAN TRIPLETT	PUBLIC AFFAIRS CHAIR	2.00	Director	$0	$0	$0

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
2024	$484,403	$417,850	$264,513	$66,553
2023	$335,333	$377,640	$197,960	$-42,307
2022	$378,935	$343,521	$240,267	$35,414
2021	$341,343	$311,621	$204,853	$29,722
2020	$347,493	$314,548	$175,131	$32,945
2019	$369,715	$359,080	$142,186	$10,635
2018	$351,609	$381,898	$131,551	$-30,289

TENNESSEE VALLEY INDUSTRIAL CORPORATION