Tri County Electric Cooperative Inc

Hooker, OK
Tax-exempt since Nov. 1955
EIN: 73-0539914

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Provided first-class or charter travel

Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$116M (2023)

Expenses

$116M (2023)

Total Assets

$361M (2023)

Total Liabilities

$246M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Revenue

$116,415,035

Expenses

$116,415,034

Net Income

Net Assets

$115,009,379

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$114,511,026	98.4%
Investment Income	$1,682,042	1.4%
Bond Proceeds	$0
Royalties	$77	0.0%
Rental Property Income	$40,441	0.0%
Net Fundraising	$0
Sales of Assets	$103,578	0.1%
Net Inventory Sales	$0
Other Revenue	$77,871	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,172,382	6.2%

Assets/Debt
Total Assets	$360,987,800
Total Liabilities	$245,978,421
Net Assets	$115,009,379

Club or Co-Op Income
Income From Members	$114,511,026
Income From Other Sources	$1,904,009

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Chief Executive Officer)	$304,479	$0	$52,720
Chris Purdy (Assistant General Manager And Clo)	$208,033	$0	$41,221
Lyle Mathis (Chief Operations Officer)	$206,374	$0	$73,691
Michael Davis (Vice President Of Administrative Services)	$203,165	$0	$24,933
John Collier (Vice President Of Finance Andchief Finance Officer)	$200,104	$0	$27,102
Ricky Wayman (Project Manager)	$156,683	$0	$58,257
Matthew Taylor (Maintenance Manager)	$154,980	$0	$14,903
Ronny White (Trustee)	$32,446	$0	$0
Larry Dunn (Trustee)	$31,082	$0	$0
Gayla James (Secretary/Treasurer)	$30,332	$0	$0
Richard Radcliff (President)	$29,832	$0	$0
Shawn Martinez (Vice President)	$28,832	$0	$0
Beau Rapp (Trustee)	$28,832	$0	$0
Marvin Headrick (Trustee)	$28,832	$0	$0
Kyle Hawkins (Trustee)	$26,432	$0	$0
Randy Schreiner (Trustee)	$26,432	$0	$0

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990

Filed on Sept. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2022

Revenue

$111,738,263

Expenses

$111,738,263

Net Income

Net Assets

$99,538,743

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$111,281,597	99.6%
Investment Income	$321,523	0.3%
Bond Proceeds	$0
Royalties	$55,431	0.0%
Rental Property Income	$46,988	0.0%
Net Fundraising	$0
Sales of Assets	$32,724	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,623,544	5.9%

Assets/Debt
Total Assets	$350,241,237
Total Liabilities	$250,702,494
Net Assets	$99,538,743

Club or Co-Op Income
Income From Members	$111,281,597
Income From Other Sources	$456,666

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Chief Executive Officer)	$306,388	$0	$81,387
Lyle Mathis (Chief Operations Officer)	$208,161	$0	$104,026
Chris Purdy (Assistant General Manager)	$201,863	$0	$48,350
John Collier (Chief Finance Officer)	$201,128	$0	$37,426
Michael Davis (Chief Administrative Offic)	$200,965	$0	$41,515
Chris Giles (Regulatory Policy & Compli)	$190,578	$0	$51,085
Ricky Wayman (Project Manager)	$159,936	$0	$86,385
Ronny White (Vice President)	$34,896	$0	$0
Larry Dunn (Trustee)	$31,532	$0	$0
Richard Radcliff (Trustee)	$29,932	$0	$0
Beau Rapp (Trustee)	$29,282	$0	$0
Shawn Martinez (President)	$29,282	$0	$0
Kyle Hawkins (Secretary/Treasurer)	$29,282	$0	$0
Randy Schreiner (Trustee)	$29,034	$0	$0
Marvin Headrick (Trustee)	$29,032	$0	$0
Gayla James (Trustee)	$29,032	$0	$0

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990

Filed on Nov. 9, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2021

Revenue

$100,998,279

Expenses

$100,998,281

Net Income

-$2

Net Assets

$96,466,813

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$100,725,224	99.7%
Investment Income	$69,817	0.1%
Bond Proceeds	$0
Royalties	$77,711	0.1%
Rental Property Income	$46,733	0.0%
Net Fundraising	$0
Sales of Assets	$78,794	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,374,425	6.3%

Assets/Debt
Total Assets	$321,398,945
Total Liabilities	$224,932,132
Net Assets	$96,466,813

Club or Co-Op Income
Income From Members	$100,725,223
Income From Other Sources	$273,055

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Chief Executive Officer)	$299,334	$0	$80,815
Lyle Mathis (Chief Operations Officer)	$189,625	$0	$111,781
Chris Giles (Regulatory Policy & Compliance Manager)	$187,094	$0	$53,240
Michael Davis (Chief Administrative Officer)	$183,778	$0	$32,823
Chris Purdy (Assistant General Manager)	$181,356	$0	$48,267
John Collier (Chief Finance Officer)	$181,209	$0	$32,746
Brenda Merkle (Vice President Information Technology)	$179,040	$0	$85,911
Ronny White (Vice President)	$32,796	$0	$0
Beau Rapp (Trustee)	$29,932	$0	$0
Shawn Martinez (President)	$29,932	$0	$0
Kyle Hawkins (Secretary/Treasurer)	$29,932	$0	$0
Gayla James (Trustee)	$29,182	$0	$0
Richard Radcliff (Trustee)	$29,182	$0	$0
Larry Dunn (Trustee)	$29,032	$0	$0
Randy Schreiner (Trustee)	$28,932	$0	$0
Marvin Headrick (Trustee)	$28,932	$0	$0

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990

Filed on Nov. 14, 2022

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2020

Revenue

$99,727,160

Expenses

$99,727,160

Net Income

Net Assets

$94,787,577

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$99,262,498	99.5%
Investment Income	$219,904	0.2%
Bond Proceeds	$0
Royalties	$94,569	0.1%
Rental Property Income	$48,929	0.0%
Net Fundraising	$0
Sales of Assets	$101,260	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,391,027	6.4%

Assets/Debt
Total Assets	$316,923,605
Total Liabilities	$222,136,028
Net Assets	$94,787,577

Club or Co-Op Income
Income From Members	$99,262,498
Income From Other Sources	$464,662

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Ceo)	$257,090	$0	$112,179
Lyle Mathis (Vice President Of Operatio)	$171,648	$0	$171,990
Chris Giles (Environmental Specialist)	$168,496	$0	$85,193
Chris Purdy (Vice President Of Member S)	$166,395	$0	$72,131
Michael Davis (Vice President Of Human Re)	$164,294	$0	$58,148
Brenda Merkle (Vice President Of Informat)	$162,193	$0	$97,393
Ronny White (Vice President)	$32,044	$0	$0
Martin Hendrick (Trustee)	$31,682	$0	$0
Kyle Hawkins (Trustee)	$31,682	$0	$0
Gayla James (Secretary/Treasurer)	$31,432	$0	$0
Larry Dunn (Trustee)	$31,432	$0	$0
Shawn Martinez (President)	$30,432	$0	$0
Richard Radcliff (Trustee)	$30,432	$0	$0
Beau Rapp (Trustee)	$29,582	$0	$0
Randy Schreiner (Trustee)	$29,432	$0	$0

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990

Filed on Nov. 16, 2021

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2019

Revenue

$85,235,592

Expenses

$85,235,592

Net Income

Net Assets

$84,998,548

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$84,545,438	99.2%
Investment Income	$213,319	0.3%
Bond Proceeds	$0
Royalties	$254,259	0.3%
Rental Property Income	$33,780	0.0%
Net Fundraising	$0
Sales of Assets	$188,796	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$613,033	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,368,566	7.5%

Assets/Debt
Total Assets	$314,155,261
Total Liabilities	$229,156,713
Net Assets	$84,998,548

Club or Co-Op Income
Income From Members	$84,545,438
Income From Other Sources	$690,154

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Ceo)	$248,360	$0	$95,686
Lyle Mathis (Vice President Of Operatio)	$166,610	$0	$140,552
Chris Giles (Manager Of Finance)	$163,550	$0	$73,683
Chris Purdy (Vice President Of Member S)	$161,510	$0	$64,610
Michael Davis (Vice President Of Human Re)	$159,470	$0	$51,251
Brenda Merkle (Vice President Of Informat)	$157,430	$0	$125,588
Ronny White (Board Vice President)	$36,884	$0	$0
Shawn Martinez (Board President)	$33,645	$0	$0
Richard Radcliff (Trustee)	$33,645	$0	$0
Randy Schreiner (Trustee)	$32,395	$0	$0
Larry Dunn (Trustee)	$32,145	$0	$0
Kyle Hawkins (Trustee)	$32,145	$0	$0
Gayla James (Board Secretary)	$31,395	$0	$0
Beau Rapp (Trustee)	$28,072	$0	$0
Martin Hendrick (Trustee)	$8,661	$0	$0

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990

Filed on Oct. 28, 2020

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2018

Revenue

$98,028,479

Expenses

$98,028,479

Net Income

Net Assets

$82,412,459

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$95,225,318	97.1%
Investment Income	$242,801	0.2%
Bond Proceeds	$0
Royalties	$2,868,922	2.9%
Rental Property Income	$41,410	0.0%
Net Fundraising	$0
Sales of Assets	-$349,972
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$574,443	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,477,648	6.6%

Assets/Debt
Total Assets	$313,842,450
Total Liabilities	$231,429,991
Net Assets	$82,412,459

Club or Co-Op Income
Income From Members	$95,255,318
Income From Other Sources	$2,803,161

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Ceo)	$249,679	$0	$98,047
Karen Rintelmann (Vice President Of Finance)	$169,709	$0	$80,903
Lyle Mathis (Vice President Of Operatio)	$162,992	$0	$148,417
Chris Purdy (Vice President Of Member S)	$158,012	$0	$62,747
Michael Davis (Vice President Of Human Re)	$155,992	$0	$51,894
Brenda Merkle (Vice President Of Information Technology)	$153,857	$0	$123,509
Ronny White (Board President)	$38,634	$0	$0
Gayla James (Board Secretary)	$35,645	$0	$0
Shawn Martinez (Board Vice President)	$34,145	$0	$0
Randy Schreiner (Trustee)	$33,645	$0	$0
Larry Dunn (Trustee)	$32,645	$0	$0
Cletus Carter (Trustee)	$31,877	$0	$0
Larry Hodges (Former Trustee)	$21,717	$0	$0
Cj Mouser (Former Trustee)	$13,828	$0	$0
Joe Mayer (Former Trustee)	$13,519	$0	$0
Kyle Hawkins (Trustee)	$10,965	$0	$0
Richard Radcliff (Trustee)	$9,161	$0	$0

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990

Filed on Feb. 14, 2020

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2017

Revenue

$92,601,384

Expenses

$92,601,384

Net Income

Net Assets

$72,057,606

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$92,104,415	99.5%
Investment Income	$125,064	0.1%
Bond Proceeds	$0
Royalties	$258,842	0.3%
Rental Property Income	$38,953	0.0%
Net Fundraising	$0
Sales of Assets	$74,110	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,445,410	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,609,153	7.1%

Assets/Debt
Total Assets	$317,321,210
Total Liabilities	$245,263,604
Net Assets	$72,057,606

Club or Co-Op Income
Income From Members	$92,104,415
Income From Other Sources	$496,969

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Zachary Perkins (Ceo)	$274,554	$0	$58,296
Karen Rintelmann (Vice President Of Finance)	$182,276	$0	$42,824
Michael Davis (Vice President Of Human Resources)	$174,114	$0	$6,013
Chris Purdy (Vice President Of Member S)	$173,816	$0	$36,584
Chris Giles (Manager Of Regulatory Poli)	$163,851	$0	$54,185
Brenda Merkle (Vice President Of Informat)	$163,505	$0	$113,987
Lyle Mathis (Vice President Of Operations)	$161,024	$0	$105,104
Armando Alvarez (Manager Of Engineering)	$158,670	$0	$61,602
Ronny White (Board President)	$35,138	$0	$0
Randy Schreiner (Trustee)	$32,650	$0	$0
Shawn Martinez (Trustee)	$32,650	$0	$0
Larry Dunn (Trustee)	$31,400	$0	$0
Cletus Carter (Trustee)	$31,132	$0	$0
Joe Mayer (Board Vice President)	$30,900	$0	$0
Larry Hodges (Trustee)	$30,377	$0	$0
Gayla James (Board Secretary)	$23,766	$0	$0
Cj Mouser (Trustee)	$15,889	$0	$0

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990

Filed on June 19, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$83,023,588

Expenses

$83,023,588

Net Income

Net Assets

$68,453,453

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$82,741,476	99.7%
Investment Income	$77,430	0.1%
Bond Proceeds	$0
Royalties	$176,742	0.2%
Rental Property Income	$44,115	0.1%
Net Fundraising	$0
Sales of Assets	-$16,175
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,550,901	3.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,458,010	7.8%

Assets/Debt
Total Assets	$301,436,798
Total Liabilities	$232,983,345
Net Assets	$68,453,453

Club or Co-Op Income
Income From Members	$82,741,476
Income From Other Sources	$282,112

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jack Perkins (Former Ceo)	$308,286	$0	$146,549
Zachary Perkins (Current Ceo)	$257,368	$0	$72,989
Jeff Stebbins (Vice President Of Engineering)	$184,324	$0	$66,455
Chris Purdy (Vice President Of Member Solutions)	$183,158	$0	$58,062
Karen Rintelmann (Vice President Of Finance)	$178,470	$0	$59,583
Barbara Pritchard (Vice President Adminstrative)	$173,780	$0	$76,585
Brenda Merkle (Vice President Of Information Technology)	$167,594	$0	$88,423
Armando Alvarez (Manager Of Engineering)	$162,242	$0	$72,775
Lyle Mathis (Vice President Of Operations)	$158,183	$0	$132,532
Chris Giles (Manager Of Regulatory Policy & Compliance)	$156,767	$0	$75,037
Ricky Wayman (Manager Of Construction)	$139,364	$0	$70,513
Gary Barnes (Service Technician)	$137,136	$0	$49,670
David Sheets (Service Technician)	$130,485	$0	$50,990
Ronny White (Board President)	$34,598	$0	$0
Shawn Martinez (Trustee)	$33,859	$0	$0
Larry Dunn (Board Secretary)	$31,859	$0	$0
Cletus Carter (Trustee)	$29,842	$0	$0
Joe Mayer (Board Vice President)	$29,609	$0	$0
Larry Hodges (Trustee)	$29,590	$0	$0
Erwin Elms (Trustee)	$28,859	$0	$0
Cj Mouser (Trustee)	$15,284	$0	$0
Randy Schreiner (Trustee)	$5,060	$0	$0

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990

Filed on May 15, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$98,512,493

Expenses

$98,512,493

Net Income

Net Assets

$78,061,117

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$95,570,180	97.0%
Investment Income	$57,084	0.1%
Bond Proceeds	$0
Royalties	$2,836,556	2.9%
Rental Property Income	$40,875	0.0%
Net Fundraising	$0
Sales of Assets	$7,798	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,341,469	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,969,516	7.1%

Assets/Debt
Total Assets	$321,910,496
Total Liabilities	$243,849,379
Net Assets	$78,061,117

Club or Co-Op Income
Income From Members	$95,570,180
Income From Other Sources	$2,942,313

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jack Perkins (Chief Executive Officer)	$312,130	$0	$173,471
Zachary Perkins (Chief Operating Officer)	$225,033	$0	$86,722
Armando Alvaraz (Manager Engineering)	$206,585	$0	$81,018
Jeff Stebbins (Vice President Engineering)	$185,543	$0	$80,581
Barbara Pritchard (Vice President Administrative)	$179,439	$0	$91,102
Chris Purdy (Vice President Member Solution)	$177,809	$0	$73,159
Michael J Peacock (Manager Accounting)	$165,814	$0	$91,320
Brenda Merkle (Vice President Information Tec)	$160,260	$0	$93,067
Chris Giles (Manager Regulatory Policy & Co)	$154,603	$0	$24,974
Lyle Mathis (Vice President Operations)	$146,324	$0	$105,276
Gary Barnes (Service Technician)	$142,983	$0	$82,349
David Sheets (Service Technician)	$136,928	$0	$57,538
Ronny White (Vice President)	$36,233	$0	$0
Erwin Elms (Trustee)	$30,733	$0	$0
Larry Dunn (Secretary)	$30,483	$0	$0
Shawn Martinez (Trustee)	$30,483	$0	$0
Cletus Carter (Trustee)	$30,222	$0	$0
Joe Mayer (President)	$28,733	$0	$0
Larry Hodges (Trustee)	$28,216	$0	$0
C J Mouser (Trustee)	$15,813	$0	$0
Jimmie Draper (Trustee)	$15,103	$0	$0

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990

Filed on May 3, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$104,836,380

Expenses

$104,836,380

Net Income

Net Assets

$77,973,693

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$104,514,145	99.7%
Investment Income	$179,931	0.2%
Bond Proceeds	$0
Royalties	$120,001	0.1%
Rental Property Income	$22,303	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,198,277	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,027,257	4.8%

Assets/Debt
Total Assets	$290,074,694
Total Liabilities	$212,101,001
Net Assets	$77,973,693

Club or Co-Op Income
Income From Members	$104,514,145
Income From Other Sources	$322,235

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jack L Perkins (Chief Executive Officer)	$287,342	$0	$156,871
Zac Perkins (Chief Operating Officer)	$191,633	$0	$71,684
William Mertz (Vice President Finance & Accou)	$184,288	$0	$72,707
Mike Peacock (Manager Accounting)	$169,237	$0	$87,802
Barbara Pritchard (Vp Administrative Service)	$166,694	$0	$83,295
Chris Purdy (Vice President Member Solution)	$165,549	$0	$40,171
Jeff Stebbins (Vice President Engineering)	$159,271	$0	$31,103
Armando Alvarez (Manager Engineering)	$151,259	$0	$22,893
Rick Wayman (Manager Construction)	$127,961	$0	$70,830
Neal Grubbs (Relay Foreman)	$122,707	$0	$62,221
Lyle Mathis (Vice President Operations)	$118,891	$0	$94,447
Charles W Holder (System Engineer)	$111,614	$0	$42,142
Shawn Martinez (Trustee)	$32,526	$0	$0
Ronny White (Vice President)	$31,699	$0	$0
Cletus Carter (Trustee)	$30,260	$0	$0
Larry Dunn (Secretary)	$30,026	$0	$0
Joe Mayer (President)	$29,026	$0	$0
Erwin Elms (Trustee)	$28,776	$0	$0
Larry Hodges (Trustee)	$28,009	$0	$0
C J Mouser (Trustee)	$15,867	$0	$0
Jimmie Draper (Trustee)	$15,642	$0	$0

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990

Filed on Nov. 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$102,348,211

Expenses

$102,348,211

Net Income

Net Assets

$73,912,563

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$101,655,226	99.3%
Investment Income	$570,238	0.6%
Bond Proceeds	$0
Royalties	$80,602	0.1%
Rental Property Income	$42,145	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,011,727	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,491,265	5.4%

Assets/Debt
Total Assets	$233,751,851
Total Liabilities	$159,839,288
Net Assets	$73,912,563

Club or Co-Op Income
Income From Members	$101,655,226
Income From Other Sources	$692,985

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jack L Perkins (Chief Executive Officer)	$281,881	$0	$159,860
Zac Perkins (Vp Corporate Services)	$167,685	$0	$87,350
Barbara Pritchard (Vp Administrative Service)	$160,057	$0	$89,068
Mike Swearingen (Manager Nerc Compliance)	$149,485	$0	$118,711
Michael Peacock (Manager Accounting & Finance)	$147,044	$0	$118,687
Rick Wayman (Manager Construction)	$127,996	$0	$79,062
Neal Grubbs (Relay Technician)	$117,799	$0	$65,050
Lyle Mathis (Manager Maintenance)	$108,956	$0	$95,605
Cletus Carter (Trustee)	$36,947	$0	$0
Ronny White (Vice President)	$31,458	$0	$0
Larry Dunn (Trustee)	$30,708	$0	$0
Shawn Martinez (Secretary)	$30,458	$0	$0
Joe Mayer (President)	$29,708	$0	$0
Larry Hodges (Trustee)	$29,190	$0	$0
Erwin Elms (Trustee)	$28,958	$0	$0
Cj Mouser (Trustee)	$22,054	$0	$0
Jimmie L Draper (Trustee)	$15,579	$0	$0

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990

Filed on Nov. 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$91,206,566

Expenses

$78,871,653

Net Income

$12,334,913

Net Assets

$62,275,459

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$90,564,507	99.3%
Investment Income	$571,351	0.6%
Bond Proceeds	$0
Royalties	$65,788	0.1%
Rental Property Income	$4,920	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$954,880	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,997,741	6.3%

Assets/Debt
Total Assets	$210,447,814
Total Liabilities	$148,172,355
Net Assets	$62,275,459

Club or Co-Op Income
Income From Members	$90,564,507
Income From Other Sources	$642,059

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$91,213,227

Expenses

$77,848,109

Net Income

$13,365,118

Net Assets

$49,940,546

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$90,619,129	99.3%
Investment Income	$577,936	0.6%
Bond Proceeds	$0
Royalties	$6,018	0.0%
Rental Property Income	$10,144	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$887,913	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,010,559	6.4%

Assets/Debt
Total Assets	$198,217,618
Total Liabilities	$148,277,072
Net Assets	$49,940,546

Club or Co-Op Income
Income From Members	$86,929,503
Income From Other Sources	$594,098

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 »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

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Updated March 27, 2025

Tri County Electric Cooperative Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $116M (2023)

Expenses $116M (2023)

Total Assets $361M (2023)

Total Liabilities $246M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Revenue

$116M (2023)

Expenses

$116M (2023)

Total Assets

$361M (2023)

Total Liabilities

$246M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004