Tri-County Electric Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 370555013 ✦ Mount vernon, IL ✦ Designated as a 501(c)(12)

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Overview

What is Tri-County Electric Cooperative Inc?

Tri-County Electric Cooperative Inc, a nonprofit organization based in Mount Vernon, Illinois, serves approximately 16,500 members primarily in Jefferson, Marion, and Washington counties. With over 3,400 miles of electric distribution lines, the cooperative is dedicated to providing their member-owners with safe and reliable electric service, excellent customer service, and practical energy solutions at reasonable prices. Their mission encompasses ensuring the community's continuous access to electricity while maintaining a strong commitment to customer satisfaction. The cooperative has a workforce of 53 employees.


Official website here: www.tricountycoop.com

What are the reviews and ratings of this charity?

Tri-County Electric Cooperative, Inc. is currently not rated by Charity Navigator, as it falls outside of their evaluative scope due to its non-501(c)(3) IRS status. This absence of a rating highlights the incomplete assessment capabilities for certain types of organizations within Charity Navigator's current systems, focusing primarily on IRS registered 501(c)(3) nonprofits.

Despite the lack of an official rating, this does not suggest any negative implications regarding the Cooperative's operations. Charity Navigator's ratings are typically a reflection of financial health and accountability, among other factors, which are not currently measured for Tri-County due to its independent and unique classification.

The organization remains unidentified by traditional evaluation metrics, such as Impact & Measurement and Culture & Community, that Charity Navigator might otherwise apply. This limits external insights into the organization's internal operations and effectiveness, leaving those interested reliant on other data sources or direct engagements with the Cooperative for understanding its service impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Tri-County Electric Cooperative Inc legitimate?

Tri-County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tri-County Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $572,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,062,179

For more financial information, click here


Official website here: www.tricountycoop.com

What is the mission statement of Tri-County Electric Cooperative Inc?

Tri-County Electric Cooperative Inc is dedicated to ensuring that its member-owners receive dependable electric service, exceptional customer service, and viable energy solutions, all while keeping prices reasonable. The cooperative prioritizes safety in delivering electricity to around 16,500 members, covering approximately 3,400 miles of electric distribution lines. By focusing on reliability, superior customer care, and practical energy options, Tri-County Electric Cooperative Inc aims to meet the needs of its community effectively.


Official website here: www.tricountycoop.com

Who is the CEO of Tri-County Electric Cooperative Inc?

Luke Johnson is the General Mana of Tri-County Electric Cooperative Inc.


Official website here: www.tricountycoop.com

What is the revenue of Tri-County Electric Cooperative Inc?

Tri-County Electric Cooperative Inc's revenue in 2022 was $49,138,057.


Official website here: www.tricountycoop.com

Who are the executives of Tri-County Electric Cooperative Inc and what are their salaries?

The average compensation at Tri-County Electric Cooperative Inc during 2022 was $30,849. There are 53 employees at Tri-County Electric Cooperative Inc.


Here are 16 key members and their salaries:


Luke Johnson (General Mana)
  • Compensation: $193,569
  • Related: $0
  • Other: $177,591
Bradd Grubb (Dir Of Opera)
  • Compensation: $138,517
  • Related: $0
  • Other: $100,873
Brad Ahlers (Foreman)
  • Compensation: $137,420
  • Related: $0
  • Other: $87,733
Jeffrey C Hope (Foreman)
  • Compensation: $138,190
  • Related: $0
  • Other: $70,664
Shannon Davis (Serviceman)
  • Compensation: $138,793
  • Related: $0
  • Other: $62,977
Brannon Dasch (Foreman)
  • Compensation: $139,673
  • Related: $0
  • Other: $47,339
Christine Harris (Supervisor O)
  • Compensation: $101,027
  • Related: $0
  • Other: $53,820
Phil Carson (Director)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Larry Manning (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Michelle Barbee (Director)
  • Compensation: $5,500
  • Related: $0
  • Other: $0
Tom Beyers (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Jordan Brink (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Donnie Laird (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Sam Phillips (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Kathy Withers (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Doug Knolhoff (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0


Official website here: www.tricountycoop.com

Where can I find the form 990 for Tri-County Electric Cooperative Inc?

Tri-County Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tricountycoop.com

Learn more at the official website: www.tricountycoop.com

Mission Statement of Tri-County Electric Cooperative Inc

Tri-County Electric Cooperative Inc, a leading electric distribution cooperative, is dedicated to delivering safe and dependable electric service to its member-owners, accompanied by superior customer service and practical energy solutions. The organization goes above and beyond, ensuring all these offerings are available at reasonable prices.

Tri-County Electric Cooperative Inc prides itself on its commitment to keeping its members connected and powered. With a vast network of approximately 3,400 miles of electric distribution lines, the cooperative is able to reach and support its member base primarily in the counties of Jefferson, Marion, and Washington in Illinois.

At the heart of Tri-County Electric Cooperative Inc's mission lies the priority to ensure the safety of its members. By focusing on safety in every aspect of its operations, the cooperative strives to provide uninterrupted electric service, allowing its members to carry out their daily lives without concern. Additionally, Tri-County Electric Cooperative Inc offers customer service that sets it apart from the rest. The cooperative's team is dedicated to addressing the needs and concerns of its members promptly and efficiently. Furthermore, Tri-County Electric Cooperative Inc provides its members with practical energy solutions tailored to their unique circumstances. This commitment to reliable electric service, superior customer service, and practical energy solutions all at reasonable prices is what sets Tri-County Electric Cooperative Inc apart as a trusted and essential resource for its member-owners.

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Impact




October, 2024

Tri-County Electric Cooperative Inc. significantly impacts its community by delivering reliable electric service to approximately 16,500 members. With over 3,400 miles of distribution lines, it ensures that residents in Jefferson, Marion, and Washington counties in Illinois have consistent access to electricity. The cooperative prioritizes safety and superior customer service, providing practical energy solutions at reasonable prices. This commitment to quality service helps foster a stable and efficient energy infrastructure that supports local growth and addresses the needs of its member-owners effectively. Through its operations, Tri-County Electric Cooperative plays a vital role in enhancing the quality of life for the communities it serves.




This information is meant to be a general summary of Tri-County Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$49,138,057 (2022)
Expenses
$49,138,057 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $217,622
  • Program Service Revenue: $48,865,098
  • Gross Receipts: $49,138,057

Assets and Liabilities:

  • Total Assets: $137,759,807
  • Total Liabilities: $78,221,807
  • Net Assets: $59,538,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE OF ELECTRICITY

Revenue

$46,867,675

CAPITAL CREDITS

Revenue

$1,618,789

MISCELLANEOUS ELECTRIC

Revenue

$378,634

Organization Details

Founding Year

1938

Principal Officer

Luke Johnson

Main Address

3906 BROADWAY ST, MOUNT VERNON, IL, 62864

NTEE Category

Code: W80 - Public benefit

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