Tri-County Electric Cooperative Inc

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

EIN: 570263136 ✦ St matthews, SC ✦ Designated as a 501(c)(12)

Overview

What is Tri-County Electric Cooperative Inc?

Tri-County Electric Cooperative Inc, based in St. Matthews, South Carolina (PO Box 217), is a dedicated nonprofit organization focused on delivering superior electric services to residents and businesses within its system area. With a team of 66 employees, they are committed to offering the best possible electric service to all who desire it, ensuring a reasonable cost that aligns with the highest standards of service.


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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $524,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Tri-County Electric Cooperative Inc?
Who is the CEO of Tri-County Electric Cooperative Inc?
What is the revenue of Tri-County Electric Cooperative Inc?
Who are the executives of Tri-County Electric Cooperative Inc and what are their salaries?
Where can I find the form 990 for Tri-County Electric Cooperative Inc?

Mission Statement of Tri-County Electric Cooperative Inc

Tri-County Electric Cooperative Inc, a dedicated electric service provider, is committed to delivering top-tier electric solutions to all those who seek it within their system area. The cooperative's mission is grounded in the belief of making quality electric services accessible to everyone at a reasonable and affordable cost. In pursuit of this goal, Tri-County Electric Cooperative Inc sets the bar high, striving for the highest standards of service to ensure customer satisfaction. This mission statement reflects the cooperative's unwavering commitment to providing reliable and efficient electric services to its community. By focusing on both the quality and affordability of its offerings, Tri-County Electric Cooperative Inc has positioned itself as a trusted and reliable electric service provider within its area.

Impact

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.




Thursday, August 15, 2024

Tri-County Electric Cooperative Inc's impact lies in providing the best possible electric service to all within its system area at a reasonable cost while upholding the highest standards of service. This directly benefits the community by ensuring reliable and affordable access to electricity for homes and businesses in the area. Through its mission-driven approach, Tri-County Electric Cooperative Inc plays a crucial role in enhancing the quality of life and supporting the economic well-being of the region it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $175,504
  • Program Service Revenue: $48,127,274
  • Gross Receipts: $48,302,778

    • Assets and Liabilities:
  • Total Assets: $162,951,280
  • Total Liabilities: $129,793,442
  • Net Assets: $33,157,838
  • Programs

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

    ELECTRIC ENERGY SALES

    Revenue

    $44,851,954

    FIBER ACCESS REVENUE

    Revenue

    $2,265,545

    PATRONAGE CAPITAL - ASSOCIATE

    Revenue

    $976,047

    POLE RENTAL REVENUE

    Revenue

    $33,728

    Organization Details

    Founding Year

    1940

    Principal Officer

    Chad Lowder

    Main Address

    PO BOX 217, ST MATTHEWS, SC, 291350217

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Tri-County Electric Cooperative Inc 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.