Trico Electric Cooperative Inc

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

EIN: 860082366 ✦ Marana, AZ ✦ Designated as a 501(c)(12)

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

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 not tax deductible.

Here 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):

    Brian Heithoff (Chief Executive Officer/Gm)
  • Compensation: $335,296
  • Related: $0
  • Other: $115,024

    • Eric Hawkins (Chief Operating Officer/Gc)
  • Compensation: $199,136
  • Related: $0
  • Other: $55,808

    • Gary Kelly (Manager Of Engineering)
  • Compensation: $170,453
  • Related: $0
  • Other: $74,315

    • Torey Bell (Manager Of Engineering)
  • Compensation: $134,896
  • Related: $0
  • Other: $85,451

    • Blake Reis (Journeyman Lineman)
  • Compensation: $149,023
  • Related: $0
  • Other: $46,362

    • Jeremy Konski (Journeyman Lineman)
  • Compensation: $151,330
  • Related: $0
  • Other: $43,292

    • Brian Jackson (Outpost Crewleader)
  • Compensation: $133,424
  • Related: $0
  • Other: $59,593

    • Leslie Hunt (Journeyman Lineman)
  • Compensation: $135,647
  • Related: $0
  • Other: $48,600

    • Brian Fickett (Chief Financial Officer (Jan-April))
  • Compensation: $79,258
  • Related: $0
  • Other: $38,099

    • James Freeman (Chief Financial Officer (Nov-Dec))
  • Compensation: $33,460
  • Related: $0
  • Other: $61,833

    • Larry Hinchliffe (President) [Trustee/Director]
  • Compensation: $15,434
  • Related: $0
  • Other: $0

    • Darrel Birkhimer (Director (June-Dec))
  • Compensation: $14,045
  • Related: $0
  • Other: $0

    • Joe King (Treasurer) [Trustee/Director]
  • Compensation: $12,230
  • Related: $0
  • Other: $0

    • Marsha Thompson (Vice President) [Trustee/Director]
  • Compensation: $11,909
  • Related: $0
  • Other: $0

    • Kevin Mccarthy (Asst. Secretary/Treasurer (Apr-Dec)) [Trustee/Director]
  • Compensation: $9,647
  • Related: $0
  • Other: $0

    • Arnoldo Burruel (Secretary) [Trustee/Director]
  • Compensation: $9,238
  • Related: $0
  • Other: $0

    • L Nick Buckelew (Director)
  • Compensation: $7,227
  • Related: $0
  • Other: $0

    • Don Black (Director (Jan-Aug))
  • Compensation: $3,047
  • Related: $0
  • Other: $0

    • James R Pyers (Director (Jan-March))
  • Compensation: $1,590
  • Related: $0
  • Other: $0


  • Official website here: www.trico.coop

    Where can I find the form 990 for Trico Electric Cooperative Inc?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Trico Electric Cooperative Inc's impact is significant in providing cost-effective and sustainable energy solutions to rural areas through the sale of electric power on a cooperative basis. With 52,455 active services at year end, Trico Electric Cooperative Inc plays a crucial role in ensuring that communities have access to essential electricity services. By focusing on making a difference in the areas they serve, Trico Electric Cooperative Inc contributes to the development and well-being of these communities.





    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: $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
  • 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

    Principal Officer

    Brian Heithoff

    Main Address

    PO BOX 930, MARANA, AZ, 85653

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Trico 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.