2026-07-16T12:50:32-05:00 2025-12-31 363163136 LWG CPAS & ADVISORS LLC 101 WEST OHIO STREET STE 1401 INDIANAPOLIS IN 46204 990 2025-01-01 730539914 TRI-COUNTY ELECTRIC COOPERATIVE INC TRI- 5806522418 PO BOX 880 HOOKER OK 739450880 ZACHARY PERKINS CEO 5806522418 2026-07-16 1 EARL L RIDLEN P00987829 3176344747 2025 2025-03-06 01:10:19Z ZACHARY PERKINS PO BOX 880 HOOKER OK 739450880 105125778 0 X WWW.TCEC.COOP X 1945 OK TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE. 9 9 110 0 59459 0 0 0 102164168 104163544 1529305 623106 140297 160185 103833770 104946835 125469 136373 6896698 9050374 7369398 7430783 0 0 0 89442205 88329305 103833770 104946835 0 0 359179891 341363159 239466951 213851353 119712940 127511806 THE COOPERATIVE IS DEDICATED TO PROVIDING MEMBERS WITH SAFE AND RELIABLE ELECTRICAL SERVICE AT THE LOWEST PRACTICAL PRICE. WE ARE PROUD TO BE OWNED AND CONTROLLED BY THOSE WE SERVE AND ARE COMMITTED TO ENHANCING THE QUALITY OF LIFE FOR ALL OF OUR MEMBER-OWNERS. 0 0 104946835 136373 104264270 PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 22,800 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. 104946835 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 110 1 1 1 0 0 0 0 105264270 682565 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 OK X ZACHARY PERKINS CEO 5806522418 PO BOX 880 HOOKER OK 739450880 LARRY DUNN TRUSTEE 9.27 X 30832 0 0 SHAWN MARTINEZ PRESIDENT 21.15 X X 33782 0 0 RONNY WHITE TRUSTEE 7.53 X 31571 0 0 RANDY SCHREINER TRUSTEE 8.55 X 27682 0 0 GAYLA JAMES SECRETARY/TREAS 6.70 X X 29082 0 0 RICHARD RADCLIFF VICE PRESIDENT 8.55 X X 30332 0 0 KYLE HAWKINS TRUSTEE 5.88 X 30332 0 0 BEAU RAPP TRUSTEE 7.53 X 30332 0 0 MARVIN HEADRICK TRUSTEE 4.08 X 29082 0 0 ZACHARY PERKINS CEO 40.00 X 373442 0 109964 TANYA DOWELL VP OF FINANCE & CFO 40.00 X 189416 0 57904 MICAH DAVIS VP OF ADMINISTRATIVE SERVICES 40.00 X 203964 0 66112 MATT TAYLOR SENIOR MANAGER OF OPERATIO 40.00 X 174853 0 51712 MANDY BREEDLOVE VP INFORMATION TECHNOLOGY 40.00 X 169548 0 62562 DAKOTA LAMB VP OF LEGAL AFFAIRS 40.00 X 170025 0 41152 PORTALLES SANCHEZ SENIOR MANAGER OF ENGINEERING 40.00 X 175834 0 64428 RICKY WAYMAN PROJECT MANAGER 40.00 X 162063 0 71952 BRENT HAROLD SERVICE TECHNICIAN 40.00 X 126358 0 42480 W WADE MORRISON SYSTEM OPERATIONS SUPERINTENDENT 40.00 X 144548 0 67784 KYLE OSBORN SERVICE TECHNICIAN 40.00 X 147632 0 44337 DAVID SHEETS SERVICE TECHNICIAN 40.00 X 138618 0 68844 CHRIS PURDY ASSISTANT GENERAL MANAGER & CLO 40.00 X 175166 0 14143 2624494 0 763374 40 1 1 0 ANIXTER POWER SOLUTIONS LLC PO BOX 4851 ORLANDO FL 32802 MATERIALS PROVIDER 3309377 COOPERATIVE BUILDING 77 WESTPORT PLAZA SUITE 250 SAINT LOUIS MO 63179 ROOF CONTRACTOR 2566057 JCL POWER LLC 268 COOKS POINT DR BOYCE LA 71409 CONTRACTOR 1561158 TEXAS ELECTRIC COOPERATIVES 1122 COLORADO STREET 2400 AUSTIN TX 78701 MATERIALS PROVIDER 979723 T AND R TOWER AND POWER LLC PO BOX 699 HUGOTON KS 67951 CONTRACTOR 956635 20 SALES OF ELECTRICITY 221000 99988115 99988115 CAPITAL CREDITS 221000 4175429 4175429 104163544 557298 557298 28 28 100726 0 100726 100726 100726 244751 178943 65808 65808 65808 GRIDLIANCE 221000 59431 59431 59431 104946835 104264270 59459 623106 136373 136373 9050374 9050374 1003753 1003753 6427030 6427030 75721 75721 1520498 1520498 9735217 9735217 10787236 10787236 PURCHASED POWER 55772547 55772547 OPERATION EXPENSE 6618030 6618030 MAINTENANCE EXPENSE 2821844 2821844 CONSUMER SERVICE & INFO 934904 934904 63308 63308 104946835 104946835 0 0 3442895 4558914 6313119 4194824 854787 988305 1711851 1051736 332813646 74389401 259797803 258424245 80839877 66447858 6219559 5697277 359179891 341363159 8145242 5583510 221261925 196743169 10059784 11524674 239466951 213851353 X 0 0 0 0 119712940 127511806 119712940 127511806 359179891 341363159 X 0 7798866 X X 0 1 X 1 0 3492453 3492453 32548751 15272740 17276011 296772442 59116661 237655781 258424245 INVESTMENT IN ASSOCIATED ORGANIZATIONS PATRONAGE CAPITAL 60449066 C INVESTMENT IN CAPITAL TERM CERTIFICATES 1954669 C OTHER INVESTMENTS 4044123 C 66447858 CUSTOMER DEPOSITS 400196 OTHER DEFERRED CREDITS 11124478 11524674 X 104946835 0 104946835 0 104946835 95896461 0 95896461 9050374 9050374 104946835 PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS - THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLE RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS.THE ACCOUNTING PRINCIPLE REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPLE DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE COOPERATIVE DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFIT PAID TO/FOR MEMBERS 9,050,374. 0 GUYMON PUBLIC SCHOOLS PO BOX 1307 GUYMON OK 73942 736021229 501(C)(3) 13990 0 N/A N/A VARIOUS SCHOOL ACTIVITIES PANHANDLE STATE FOUNDATION PO BOX 430 GOODWELL OK 73939 731019001 501(C)(3) 17000 0 N/A N/A SCHOLARSHIPS AND ACTIVITIES OPPORTUNITY PLAN INC PO BOX 1035 CANYON TX 79015 756020405 501(C)(3) 25000 0 N/A SCHOLARSHIP FUND 3 0 X 1 1 X X X 0 0 0 ZACHARY PERKINS CEO 330961 0 400 0 42081 0 63279 0 46685 0 483406 0 0 0 MICAH DAVIS VP OF ADMINISTRATIVE SERVICES 184000 0 400 0 19564 0 26896 0 39216 0 270076 0 0 0 TANYA DOWELL VP OF FINANCE & CFO 172885 0 400 0 16131 0 19812 0 38092 0 247320 0 0 0 PORTALLES SANCHEZ SENIOR MANAGER OF ENGINEERING 163616 0 400 0 11818 0 28075 0 36353 0 240262 0 0 0 RICKY WAYMAN PROJECT MANAGER 156830 0 400 0 4833 0 55515 0 16437 0 234015 0 0 0 MANDY BREEDLOVE VP INFORMATION TECHNOLOGY 157106 0 400 0 12042 0 24903 0 37659 0 232110 0 0 0 MATT TAYLOR SENIOR MANAGER OF OPERATIO 163616 0 400 0 10837 0 13300 0 38412 0 226565 0 0 0 W WADE MORRISON SYSTEM OPERATIONS SUPERINTENDENT 143219 0 400 0 929 0 30769 0 37015 0 212332 0 0 0 DAKOTA LAMB VP OF LEGAL AFFAIRS 154723 0 400 0 14902 0 3633 0 37519 0 211177 0 0 0 DAVID SHEETS SERVICE TECHNICIAN 134948 0 400 0 3270 0 32408 0 36436 0 207462 0 0 0 KYLE OSBORN SERVICE TECHNICIAN 147969 0 400 0 -737 0 7351 0 36986 0 191969 0 0 0 CHRIS PURDY ASSISTANT GENERAL MANAGER & CLO 164448 0 0 0 10718 0 0 0 14143 0 189309 0 0 0 BRENT HAROLD SERVICE TECHNICIAN 118587 0 400 0 7371 0 6563 0 35917 0 168838 0 0 0 SHAWN MARTINEZ SEE PART V 36727058 PURCHASE POWER PAYMENT 0 ZACHARY PERKINS SEE PART V 36727058 PURCHASE POWER PAYMENT 0 RONNY WHITE SEE PART V 264224 DUES/SAFETY 0 LARRY DUNN SEE PART V 38020 DUES/SUBS/TRAIN 0 ZACAHARY PERKINS SEE PART V 1063968 YMI/DUES/TRAIN 0 ZACAHARY PERKINS SEE PART V 264224 DUES/SAFETY 0 FORM 990, SCHEDULE L, PART IV, LINE 1, COLUMN B DIRECTOR MARTINEZ IS A DIRECTOR OF GOLDEN SPREAD, TRI-COUNTY ELECTRIC COOPERATIVE'S G&T PROVIDER. FORM 990, SCHEDULE L, PART IV, LINE 2, COLUMN B CEO ZACHARY PERKINS IS A DIRECTOR OF GOLDEN SPREAD, TRI-COUNTY ELECTRIC COOPERATIVE'S G&T PROVIDER. FORM 990, SCHEDULE L, PART IV, LINE 3, COLUMN B DIRECTOR WHITE IS A DIRECTOR OF OAEC, TRI-COUNTY ELECTRIC COOPERATIVE'S STATEWIDE ORGANIZATION. FORM 990, SCHEDULE L, PART IV, LINE 4, COLUMN B DIRECTOR DUNN IS A DIRECTOR OF KANSAS ELECTRIC COOPERATIVES, INC., THE KANSAS COOPERATIVES' STATEWIDE ORGANIZATION. TCEC SERVES TERRITORY IN KANSAS. FORM 990, SCHEDULE L, PART IV, LINE 5, COLUMN B CEO ZACAHARY PERKINS IS A DIRECTOR OF TEXAS ELECTRIC COOPERATIVE. THE TEXAS COOPERATIVE SERVES 76 ELECTRIC COOPERATIVES. TCEC SERVES TERRITORY IN TEXAS. FORM 990, SCHEDULE L, PART IV, LINE 6, COLUMN B CEO ZACHARY PERKINS IS A DIRECTOR OF DAEC, THE OKLAHOMA STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT A COST ON A COOPERATIVE BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF TRUSTEES. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS PER DISTRICT. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE: 1.) DISSOLUTION/LIQUIDATION OF THE COOPERATIVE 2.) MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION 3.) THE DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED INTERNALLY BY MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COOPERATIVE'S LEGAL COUNSEL MUST ANNUALLY REVIEW THIS POLICY WITH ALL OFFICIALS. THE MINUTES OF ALL BOARD MEETINGS SHOULD RECORD ALL DISCLOSURE, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THIS POLICY. EACH OFFICIAL MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ATTACHED TO THIS POLICY AND DELIVER THE COMPLETED AND SIGNED FORM TO THE PRESIDENT OR CEO. IF AN OFFICIAL DISCOVERS ANY INFORMATION OR FACT THAT COULD IMPACT ANOTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN THE OFFICIAL MUST DISCLOSE THE INFORMATION OR FACT TO THE PRESIDENT OR CEO IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEE'S BENEFITS COMMITTEE DETERMINED THE COMPENSATION OF THE COOPERATIVE'S EMPLOYEES MEETING THE DEFINITION OF OFFICER AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED -1,395,920. VOIDED RETIREMENTS, NET 144,412. NET MARGINS 9,050,374. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES MADE FROM PRIOR YEAR.