2024-10-24T13:54:12-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 370555013 Tri-County Electric Cooperative Inc TRI- 3906 Broadway St Mount Vernon IL 62864 Luke Johnson General Manager 6182445151 2024-09-18 true true George Lynch P00187596 9138311150 2024-10-24 2023 2024-10-15 13:58:12Z Luke Johnson 51742312 false X www.tricountycoop.com X 1938 IL To safely provide our member-owners with reliable electric service, superior customer service and practical energy solutions, all at reasonable prices. 9 9 52 0 0 0 48865098 51497822 217622 171339 55337 73151 49138057 51742312 0 2405773 3643999 2000573 1513883 0 0 44731711 46584430 49138057 51742312 0 137759807 141174891 78221807 77366484 59538000 63808407 To safely provide our member-owners with reliable electric service, superior customer service and practical energy solutions, all at reasonable prices. false false Tri-County Electric Cooperative, Inc. is an electric distribution cooperative that provided service to approximately 16,500 members. With over 3,400 miles of electric distribution lines, Tri-County serves its members who are located primarily in the counties of Jefferson, Marion, and Washington in Illinois. false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 168 0 true 52 true false false false false false 50598084 2262633 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X Christine Harris 6182445151 3906 Broadway St Mount Vernon IL 62864 Luke Johnson General Manager 45.00 0.00 X 203807 0 129257 Brad Ahlers Foreman 48.00 0.00 X 143763 0 73845 Jeffrey C Hope Foreman 49.00 0.00 X 152127 0 54491 Shannon Davis Serviceman 49.00 0.00 X 149565 0 47630 Brannon Dasch Foreman 49.00 0.00 X 151865 0 34737 Christian Kinder Serviceman 48.00 0.00 X 144048 0 38370 Christine Harris Supervisor of Accounting 43.00 0.00 X 105530 0 45848 Phil Carson Director 3.00 0.00 X 7100 0 0 Michelle Barbee Director 4.00 0.00 X 5200 0 0 Larry Manning Director 1.00 0.00 X 4500 0 0 Sam Phillips Director 1.00 0.00 X 4200 0 0 Tom Beyers Director 2.00 0.00 X 3900 0 0 Kathy Withers Director 1.00 0.00 X 3900 0 0 Donnie Laird Director 1.00 0.00 X 3900 0 0 Jordan Brink Director 1.00 0.00 X 3300 0 0 Doug Knolhoff Director 1.00 0.00 X 3000 0 0 1089705 0 424178 25 false true false Asplundh Tree Expert Co 708 Blair Mill Rd Willow Grove PA 19090 Tree Trimming 1339430 Nussmeyer Tree Services LLC 3219 Greenbrier Ln Clay City IL 62824 Tree Trimming 813013 Henkels McCoy Inc 1620 N Broadway Salem IL 62881 Electric Line 130044 Osmose Utility Services Inc PO Box 736729 Dallas TX 753736729 Inspect Poles 299948 National Information Solutions 1 Innovation Circle Lake Saint Louis MO 63367 Software Provider 321646 5 Sale of Electricity 221000 49516082 49516082 Capital Credits 221000 1605773 1605773 Miscellaneous 221000 375967 375967 51497822 169837 169837 52569 52569 52569 52569 1502 1502 1502 1502 Non-Operating 900099 20582 20582 20582 51742312 51519906 0 222406 X 3643999 523443 990440 3115338 4484836 Cost of Power 31195101 31195101 Distribution Expense 5095424 5095424 Admin & General 1690884 1690884 Member Services 851451 851451 151396 51742312 0 0 0 4971910 4927391 4405521 4261344 1167695 1100620 491158 535637 157908480 50623720 105050709 107284760 21672814 23065139 137759807 141174891 8806013 7045039 4391730 4406302 64717064 65608330 307000 306813 78221807 77366484 X 1182994 3148901 58355006 60659506 59538000 63808407 137759807 141174891 X 0 4270407 X false true X true 367369 367369 5631517 2879280 2752237 151909594 47744440 104165154 107284760 Investment in Associated Organizati 21502705 C Subordinated Certificates 1531692 C Other Investments 30742 C 23065139 Postretirement Benefit Obligation 306813 306813 X 51742312 51742312 51742312 48098313 48098313 3643999 3643999 51742312 Other expenses included on Form 990 (Part XII, line 4b) Margins Assigned to Members $3,643,999 Footnote for uncertain tax position under FIN 48 (Part X) An evaluation of whether or not it has any uncertain tax positions isdetermined on an annual basis by the Cooperative. While the Cooperativebelieves it has adequately provided for all tax positions, amounts assertedby taxing authorities could be different than the positions taken by theCooperative. The Cooperative recognizes any interest and penaltiesassessed by taxing authorities in income tax expense and, with fewexceptions, is no longer subject to federal, state or local income taxexaminations by taxing authorities for years before 2020. X X false false false Luke Johnson General Manager 203807 103536 25721 333064 Christine Harris Supervisor of Accounting 105530 31260 14588 151378 Shannon Davis Serviceman 149565 29163 18467 197195 Brad Ahlers Foreman 143763 55343 18502 217608 Brannon Dasch Foreman 151865 16451 18286 186602 Jeffrey C Hope Foreman 152127 36001 18490 206618 Christian Kinder Serviceman 144048 19909 18461 182418 Members or stockholder classes and rights Part VI line 6 Tri-County is a member owned electric Cooperative. Member election for additional members Part VI line 7a Each member shall be entitled to only one vote and all board members are elected by the membership. Governing body decisions Part VI line 7b Cooperative members ratify all bylaw changes. Form 990 governing body review Part VI line 11 The Supervisor of Accounting reviews and verifies that figures agree to the Cooperatives records and the General Manager reviews for reasonableness before distributing to the Board of Directors. The Board is given the opportunity to review and ask questions before filing. Conflict of interest policy compliance Part VI line 12c Conflict of interest forms ar completed by employees and board members annually. CEO executive director top management comp Part VI line 15a Tri-County Electric Cooperative uses the NRECA compensation survey and Illinois Employer Association wage survey as a guide. Other officer or key employee compensation Part VI line 15b Tri-County Electric Cooperative uses the NRECA compensation survey and Illinois Employer Association wage survey as a guide. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members and all other documents are available upon request. Bylaws are also published on our website. Financial statements are published annually in our monthly newsletter that is mailed or emailed to members as well as published on our website. Explanation of other changes in net assets or fund balances Part XI line 9 Margins Assigned to Member $ 3,643,999Other Changes $ 1,759,768Retirement of Capital Credits $ -1,133,360 Total $ 4,270,407 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2023.