Tri-County Electric Cooperativeinc

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

EIN: 750619960 ✦ Aledo, TX ✦ Designated as a 501(c)(12)

Overview

What is Tri-County Electric Cooperativeinc?

Tri-County Electric Cooperativeinc, based in Aledo, Texas, is a nonprofit organization focused on providing electricity to its members. With 131,936 active services at the end of the year, they allocate patronage capital on a cooperative basis. Their mission is to deliver quality and reliable electric service to their cooperative members, and they prioritize excellent customer service reflected in top-notch electric service reliability, affordable rates, employee teamwork, and integrity in all their endeavors. They employ a total workforce of 328 individuals.


Official website here: www.tcectexas.com

Is Tri-County Electric Cooperativeinc legitimate?

Tri-County Electric Cooperativeinc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tri-County Electric Cooperativeinc 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: $4,130,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,160,386

For more financial information, click here


Official website here: www.tcectexas.com

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

Tri-County Electric Cooperativeinc is dedicated to delivering quality and reliable electric service to its cooperative members. The cooperative prioritizes excellent customer service, reflecting in top-notch electric service reliability, affordable rates, teamwork among employees, and maintaining the highest degree of integrity in all its endeavors. The organization provided electricity to 131,936 active services at the year-end, ensuring a cooperative basis and allocating patronage capital to its members.


Official website here: www.tcectexas.com

Who is the CEO of Tri-County Electric Cooperativeinc?

Melissa Watts is the Director of Tri-County Electric Cooperativeinc.


Official website here: www.tcectexas.com

What is the revenue of Tri-County Electric Cooperativeinc?

Tri-County Electric Cooperativeinc's revenue in 2022 was $435,689,159.


Official website here: www.tcectexas.com

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

The average compensation at Tri-County Electric Cooperativeinc during 2022 was $34,422. There are 328 employees at Tri-County Electric Cooperativeinc.

Here are 20 key members and their salaries:

    Darryl Schriver (President/Ce)
  • Compensation: $984,884
  • Related: $0
  • Other: $575,301

    • Melissa Watts (Cfo/Vp Of Fi)
  • Compensation: $489,617
  • Related: $0
  • Other: $167,612

    • Wesley Scheets (Coo/Vp Of Op)
  • Compensation: $318,520
  • Related: $0
  • Other: $302,795

    • Nichole Eshbaugh (Cto/Vp Of It)
  • Compensation: $450,554
  • Related: $0
  • Other: $55,555

    • Janet Rehberg (Cso/Vp Engin)
  • Compensation: $314,194
  • Related: $0
  • Other: $56,520

    • Joel Pence (Line Superin)
  • Compensation: $189,422
  • Related: $0
  • Other: $110,694

    • Jimmy Villa (Project Coor)
  • Compensation: $173,117
  • Related: $0
  • Other: $118,601

    • Hershel Blevins (Project Coor)
  • Compensation: $150,065
  • Related: $0
  • Other: $122,130

    • Lauriano Maldonado (Assist Line)
  • Compensation: $191,887
  • Related: $0
  • Other: $74,118

    • Andrea Mccleese (Assist Vp Me)
  • Compensation: $179,662
  • Related: $0
  • Other: $74,632

    • Jorden Wood (Director)
  • Compensation: $59,400
  • Related: $0
  • Other: $0

    • Jerry Walden (Director)
  • Compensation: $50,400
  • Related: $0
  • Other: $0

    • Steve Harris (Director)
  • Compensation: $47,400
  • Related: $0
  • Other: $0

    • Max Waddell (Chairman) [Trustee/Director]
  • Compensation: $43,800
  • Related: $0
  • Other: $0

    • Margaret Koprek (Sec/Treasure) [Trustee/Director]
  • Compensation: $43,200
  • Related: $0
  • Other: $0

    • Michael Sivertsen (Director)
  • Compensation: $43,200
  • Related: $0
  • Other: $0

    • Kevin Ingle (Director)
  • Compensation: $40,200
  • Related: $0
  • Other: $0

    • John Killough (Vice Chairma) [Trustee/Director]
  • Compensation: $40,200
  • Related: $0
  • Other: $0

    • Larry Miller (Director)
  • Compensation: $38,000
  • Related: $0
  • Other: $0

    • Sommer Portwood (Director)
  • Compensation: $8,800
  • Related: $0
  • Other: $0


  • Official website here: www.tcectexas.com

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

    The Tri-County Electric Cooperativeinc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tcectexas.com

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

    Mission Statement of Tri-County Electric Cooperativeinc

    Tri-County Electric Cooperativeinc, a leading electric service provider, is dedicated to delivering quality and dependable electricity to its cooperative members. The organization's mission reflects its commitment to excellent customer service, as demonstrated in its top-notch electric service reliability, affordable rates, and teamwork among employees. The cooperative takes pride in upholding the highest degree of integrity in all its endeavors.

    Providing electricity to its members is the primary responsibility and aim of Tri-County Electric Cooperativeinc. Last year, the cooperative successfully supplied electricity to 131,936 active services on a cooperative basis, allocating patronage capital to each member. By adhering to its mission, Tri-County Electric Cooperativeinc has been able to build trust and confidence among its members, ensuring they receive the power they need to support their daily lives.

    Tri-County Electric Cooperativeinc goes beyond just providing electricity; it strives to deliver an outstanding customer experience. Its top-quality electric service reliability is matched by its team of dedicated employees who work tirelessly to maintain and improve the power grid. Additionally, the cooperative offers affordable rates, ensuring that its members can access the essential electric service they need without undue financial burden. With an unwavering commitment to integrity, Tri-County Electric Cooperativeinc continues to provide innovative solutions and exceptional service to its cooperative members.

    Impact

    This information is meant to be a general summary of Tri-County Electric Cooperativeinc. 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 Cooperativeinc plays a significant role in providing quality and reliable electric service to its members in Aledo, TX. With over 131,936 active services at year-end, the cooperative ensures that its members have access to electricity on a cooperative basis while also allocating patronage capital. The cooperative's mission is centered around delivering excellent and innovative customer service, reflected in top-quality electric service reliability, affordable rates, employee teamwork, and maintaining the highest degree of integrity in all cooperative endeavors. Through its efforts, Tri-County Electric Cooperativeinc positively impacts the lives of its members by ensuring access to essential electricity services.





    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: $1,299,894
  • Program Service Revenue: $433,599,893
  • Gross Receipts: $435,694,667

    • Assets and Liabilities:
  • Total Assets: $1,361,410,167
  • Total Liabilities: $939,007,695
  • Net Assets: $422,402,472
  • Programs

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

    ELECTRICITY SALES

    Revenue

    $428,733,242

    PATRONAGE DIVIDENDS

    Revenue

    $2,826,320

    SERVICE FEES

    Revenue

    $2,040,331

    Organization Details

    Founding Year

    1939

    Principal Officer

    Melissa Watts

    Main Address

    200 BAILEY RANCH ROAD, ALEDO, TX, 76008

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Tri-County Electric Cooperativeinc 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.