Overview
What is Trico Electric Cooperative Inc?
Trico Electric Cooperative Inc, based in Marana, Arizona, is a nonprofit organization with a mission to provide electric energy to rural areas at cost on a cooperative basis. With a strong commitment to making a difference in the communities they serve, they offer cost-effective and sustainable energy solutions to their members. In the year end, there were 52,455 active services, and the organization employed 144 individuals. Trico Electric Cooperative Inc operates on a cooperative basis, allocating patronage capital to sell electric power. Their dedication to their cause is reflected in their descriptor, "making a difference in the communities we serve."
Official website here: www.trico.coop
What are the reviews and ratings of this charity?
Trico Electric Cooperative Inc is not currently rated by Charity Navigator. This lack of rating does not inherently reflect a positive or negative evaluation, but rather indicates the cooperative is not eligible for evaluation due to its non-501(c)(3) status. Historically, Charity Navigator's ratings focused on accountability and financial metrics which the cooperative is not subject to without appropriate registration.
The cooperative operates independently and is not aligned with a national or regional organization grouping. This independence may suggest a focused approach to serving its community, though it limits collective advocacy resources often available to larger, affiliated organizations. Additionally, data on revenue, expenses, and executive salaries remain unavailable, which are typically central to comprehensive charity assessments.
Since Trico Electric Cooperative lacks an evaluation from Charity Navigator, a complete picture of its strengths or challenges is not provided. Additionally, with no user reviews found on GreatNonprofits, direct community feedback or testimonials regarding the organization’s impact are not available.
This AI summary has been generated from information found on Charity Navigator.
Is Trico Electric Cooperative Inc legitimate?
Trico Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Trico 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: $1,247,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,272,327
For more financial information, click here
Official website here: www.trico.coop
What is the mission statement of Trico Electric Cooperative Inc?
Trico Electric Cooperative Inc is committed to making a positive impact in the communities it serves by providing cost-effective and sustainable energy solutions to its members on a cooperative basis. The organization's mission goes beyond just selling electric power, as it aims to allocate patronage capital to its members. At year end, there were 52,455 active services under Trico Electric Cooperative Inc's purview. The cooperative is dedicated to making a difference by ensuring affordable energy access to rural areas. Through its operations, it strives to foster strong community connections and contribute to the overall development and growth of the regions it serves.
Official website here: www.trico.coop
Who is the CEO of Trico Electric Cooperative Inc?
Brian Heithoff is the Director (Jan-Aug) of Trico Electric Cooperative Inc. The CEO's salary of Trico Electric Cooperative Inc is $335,296 and their total compensation is $450,320.
Official website here: www.trico.coop
What is the revenue of Trico Electric Cooperative Inc?
Trico Electric Cooperative Inc's revenue in 2022 was $106,490,129.
Official website here: www.trico.coop
Who are the executives of Trico Electric Cooperative Inc and what are their salaries?
The average compensation at Trico Electric Cooperative Inc during 2022 was $59,162. There are 144 employees at Trico Electric Cooperative Inc.
Here are 19 key members and their salaries (Trico Electric Cooperative Inc's CEO's salary is $335,296 and their total compensation is $450,320):
- Compensation: $3,047
- Related: $0
- Other: $0
- Compensation: $1,590
- Related: $0
- Other: $0
- Compensation: $12,230
- Related: $0
- Other: $0
- Compensation: $7,227
- Related: $0
- Other: $0
- Compensation: $15,434
- Related: $0
- Other: $0
- Compensation: $11,909
- Related: $0
- Other: $0
- Compensation: $9,238
- Related: $0
- Other: $0
- Compensation: $14,045
- Related: $0
- Other: $0
- Compensation: $9,647
- Related: $0
- Other: $0
- Compensation: $199,136
- Related: $0
- Other: $55,808
- Compensation: $79,258
- Related: $0
- Other: $38,099
- Compensation: $335,296
- Related: $0
- Other: $115,024
- Compensation: $33,460
- Related: $0
- Other: $61,833
- Compensation: $170,453
- Related: $0
- Other: $74,315
- Compensation: $151,330
- Related: $0
- Other: $43,292
- Compensation: $149,023
- Related: $0
- Other: $46,362
- Compensation: $135,647
- Related: $0
- Other: $48,600
- Compensation: $134,896
- Related: $0
- Other: $85,451
- Compensation: $133,424
- Related: $0
- Other: $59,593
Official website here: www.trico.coop
Where can I find the form 990 for Trico Electric Cooperative Inc?
Trico Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trico.coop
Learn more at the official website: www.trico.coop
Mission Statement of Trico Electric Cooperative Inc
Trico Electric Cooperative Inc, a dedicated organization, is committed to making a difference in the communities it serves by providing cost-effective and sustainable energy solutions on a cooperative basis. The cooperative's primary activity is the sale of electric power to its members, achieving this through the allocation of patronage capital. With a mission to provide electric energy to rural areas, Trico Electric Cooperative Inc has served 52,455 active services at the end of the year. By operating on a cooperative basis, the organization ensures that the needs of its members are at the forefront of its operations. Trico Electric Cooperative Inc's commitment to its communities extends beyond just providing electricity. It strives to make a positive impact by offering cost-effective and sustainable energy solutions, ensuring that its members can rely on a consistent power supply to improve their quality of life. The cooperative's dedication to its mission is reflected in its operations, as it works tirelessly to bring electricity to rural areas, powering homes and businesses and improving the lives of its members.
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Impact
October, 2024
Trico Electric Cooperative Inc significantly impacts rural communities by delivering reliable electric energy at cost, ensuring that members have access to essential services. With a commitment to cooperative principles, Trico serves over 52,455 active members, fostering a sense of community and mutual support. Their mission focuses on making a meaningful difference by providing cost-effective and sustainable energy solutions, directly contributing to the economic and social well-being of the areas they serve. By allocating patronage capital, Trico not only supports affordable electricity but also reinvests in the community, strengthening local infrastructure and promoting sustainable practices. This dual focus on service and community enhancement positions Trico as a vital resource for rural residents in Marana, AZ, and beyond.
This information is meant to be a general summary of Trico 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $579,625
- Program Service Revenue: $105,418,347
- Gross Receipts: $106,490,129
Assets and Liabilities:
- Total Assets: $306,199,494
- Total Liabilities: $160,746,504
- Net Assets: $145,452,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$102,242,272
PATRONAGE DIVIDENDS
Revenue
$1,999,258
SERVICE FEES
Revenue
$792,348
ELECTRICITY WHEELING
Revenue
$384,469
Organization Details
Founding Year
1945
Phone
(520) 744-2944Principal Officer
Brian Heithoff
Main Address
PO BOX 930, MARANA, AZ, 85653
Website
www.trico.coopNTEE Category
Code: W80 - Public benefit
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