Tri-County Electric Cooperative

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

EIN: 430556071 ✦ Lancaster, MO ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Tri-County Electric Cooperative?

Tri-County Electric Cooperative is a Missouri-based nonprofit organization, located in PO Box 159, Lancaster. With a workforce of 28 employees, they dedicate themselves to providing electric services to the member-owners of the cooperative. Beyond their core mission, Tri-County Electric Cooperative aims to improve the overall well-being of their members by fostering a favorable economic, political, social, and regulatory environment.


Official website here: www.tricountyelectric.org/

What do the Facebook reviews say about Tri-County Electric Cooperative?

78% of 18 reviewers on Facebook recommend Tri-County Electric Cooperative. Here is a summary of their reviews:

Many users express appreciation for the cooperative's commitment to restoring electricity promptly, even in challenging weather conditions. There's a clear sentiment of gratitude for the team's efforts to ensure reliable service and safety for their customers.

While the recommendation rate is moderate, those who did endorse the cooperative highlight a trustworthy and responsive approach to addressing power outages and maintaining service. Overall, the organization seems to be fulfilling its promise of support during crucial times.


This AI summary has been generated from reviews found on Facebook.

Is Tri-County Electric Cooperative legitimate?

Tri-County Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tri-County Electric Cooperative 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: $388,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tricountyelectric.org/

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

Tri-County Electric Cooperative is dedicated to improving the lives of its member-owners. By fostering a favorable economic, political, social, and regulatory climate, the cooperative strives to create a positive environment for its community. Its primary mission is to provide reliable electric service to its members. Additionally, it aims to promote an atmosphere that supports its members' well-being and enhances their overall quality of life.


Official website here: www.tricountyelectric.org/

Who is the CEO of Tri-County Electric Cooperative?

Michael Scheib is the General Manager of Tri-County Electric Cooperative.


Official website here: www.tricountyelectric.org/

What is the revenue of Tri-County Electric Cooperative?

Tri-County Electric Cooperative's revenue in 2022 was $15,040,336.


Official website here: www.tricountyelectric.org/

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

The average compensation at Tri-County Electric Cooperative during 2022 was $13,859. There are 28 employees at Tri-County Electric Cooperative.


Here are 16 key members and their salaries:


Michael Scheib (General Manager)
  • Compensation: $142,936
  • Related: $0
  • Other: $56,671
Larry Weaver (Line Superintendent)
  • Compensation: $104,811
  • Related: $0
  • Other: $45,124
Bodie Western (Journeyman Lineman)
  • Compensation: $103,321
  • Related: $0
  • Other: $26,619
Vance Frederick (Lead Lineman)
  • Compensation: $103,005
  • Related: $0
  • Other: $50,645
Doug Byrn (Lead Lineman)
  • Compensation: $103,000
  • Related: $0
  • Other: $40,497
Richard Shaw (Lead Lineman)
  • Compensation: $100,035
  • Related: $0
  • Other: $46,766
Carla Mihalovich (Mgr Of Finance & Accountin)
  • Compensation: $95,035
  • Related: $0
  • Other: $43,565
Mark Vandolah (President)
  • Compensation: $9,917
  • Related: $0
  • Other: $0
Karen Farnsworth (Director)
  • Compensation: $9,417
  • Related: $0
  • Other: $0
Joseph Sebolt (Director)
  • Compensation: $9,167
  • Related: $0
  • Other: $0
Harley Harrelson (Director)
  • Compensation: $8,917
  • Related: $0
  • Other: $0
Kelley Church (Secretary)
  • Compensation: $7,667
  • Related: $0
  • Other: $0
William Triplett (Treasurer)
  • Compensation: $6,917
  • Related: $0
  • Other: $0
Rusty Anders (Director)
  • Compensation: $6,417
  • Related: $0
  • Other: $0
Kenny Mcnamar (Vice-President)
  • Compensation: $6,167
  • Related: $0
  • Other: $0
Doug Aylward (Director)
  • Compensation: $5,667
  • Related: $0
  • Other: $0


Official website here: www.tricountyelectric.org/

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

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


Official website here: www.tricountyelectric.org/

Learn more at the official website: www.tricountyelectric.org/

Mission Statement of Tri-County Electric Cooperative

Tri-County Electric Cooperative, a dedicated organization, strives to elevate the living standards of its member-owners. By fostering a favorable economic, political, social, and regulatory environment, the cooperative aims to bring about positive change in the lives of those it serves. This mission is not just a statement, but a commitment to improving the overall well-being of the community.

In simple terms, Tri-County Electric Cooperative sets out to create an atmosphere that benefits its members in various aspects. Economically, it advocates for conditions that support financial growth and stability. Politically, it engages in activities that safeguard the interests of its members within the larger societal framework. Socially, the cooperative fosters a sense of unity and belonging among its members. Regulatory-wise, it works towards creating a business climate that is conducive to the provision of efficient and reliable electric services.

By promoting a positive environment in these areas, Tri-County Electric Cooperative ultimately works towards enhancing the quality of life of its member-owners. This is achieved through its primary function of providing electric service, ensuring that members have access to a essential utility that powers their homes and businesses. In doing so, the cooperative plays a vital role in contributing to the overall prosperity and well-being of the communities it serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Tri-County Electric Cooperative has a significant impact on its member-owners by providing reliable electric service, which is essential for daily life and economic growth. Located in Lancaster, Missouri, the cooperative is dedicated to enhancing the quality of life for its members through a commitment to creating a positive economic, political, social, and regulatory environment. This focus not only ensures that members have access to essential energy services but also fosters a community-oriented approach that strengthens local economies. By prioritizing the needs of its member-owners, Tri-County Electric Cooperative plays a crucial role in the overall development and well-being of the region.




This information is meant to be a general summary of Tri-County Electric Cooperative. 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
$15,040,336 (2022)
Expenses
$14,083,497 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,826
  • Program Service Revenue: $14,982,331
  • Gross Receipts: $15,040,336

Assets and Liabilities:

  • Total Assets: $44,385,430
  • Total Liabilities: $25,119,725
  • Net Assets: $19,265,705

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Electric energy

Revenue

$14,487,513

Capital Credits

Revenue

$399,399

Other electric

Revenue

$95,419

Organization Details

Founding Year

1940

Principal Officer

Michael Scheib

Main Address

PO Box 159, Lancaster, MO, 635480159

NTEE Category

Code: W80 - Public benefit

If you are a representative of Tri-County Electric Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.