TRI-COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: TRI-COUNTY ELECTRIC COOPERATIVE INC (EIN 57-0263136)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-04-23
IRS object ID: 202401149349301405
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-23T10:34:17-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	581094351	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX ONE	AddressLine1Txt
City	MACON	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	312020001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	570263136	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRI-COUNTY ELECTRIC	BusinessNameLine1Txt
Business Name Line2	COOPERATIVE INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	TRI-	BusinessNameControlTxt
Phone	8038741215	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 217	AddressLine1Txt
City	ST MATTHEWS	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	291350217	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHAD LOWDER	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	8038741215	PhoneNum
Signature	2024-03-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	CHAD	PersonFirstNm
Person Last	LOWDER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JASON A PEACOCK	PreparerPersonNm
PTIN	P00978537	PTIN
Phone	4787466277	PhoneNum
Preparation	2024-04-23	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CHAD LOWDER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 217	AddressLine1Txt
City	ST MATTHEWS	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29135	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$53,067,650	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	65	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$48,127,274	PYProgramServiceRevenueAmt
CY Program Service Revenue	$52,269,495	CYProgramServiceRevenueAmt
PY Investment Income	$175,504	PYInvestmentIncomeAmt
CY Investment Income	$798,155	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$48,302,778	PYTotalRevenueAmt
CY Total Revenue	$53,067,650	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$1,682,380	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$2,697,330	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$524,612	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$535,379	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$47,410,289	PYOtherExpensesAmt
CY Other Expenses	$48,648,439	CYOtherExpensesAmt
PY Total Expenses	$49,617,281	PYTotalExpensesAmt
CY Total Expenses	$51,881,148	CYTotalExpensesAmt
PY Revenues Less Expenses	-$1,314,503	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,186,502	CYRevenuesLessExpensesAmt
Total Assets BOY	$162,951,280	TotalAssetsBOYAmt
Total Assets EOY	$173,402,940	TotalAssetsEOYAmt
Total Liabilities BOY	$129,793,442	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$135,354,946	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$33,157,838	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$38,047,994	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Desc	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (true)	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	48	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	65	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Members And Shr Gross Income	$47,850,939	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$4,438,773	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRI-COUNTY ECI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8038741215	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6473 OLD STATE ROAD	AddressLine1Txt
City	ST MATTHEWS	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	291350217	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
CHAD LOWDER
CEO	50.00	Yes (X)	$245,725	$0	$129,185
MICHAEL WEEKS
CFO	50.00		$185,871	$0	$91,733	Yes (X)
JERRELL FURTICK
COO	50.00		$180,186	$0	$96,620	Yes (X)
JOHN ARANT
CONTRACT SUP	50.00		$108,461	$0	$56,771	Yes (X)
AIRFINEIL WHITMORE
SUPER. SYSTE	50.00		$105,435	$0	$49,248	Yes (X)
MATT WILES
CONSTR. CREW	50.00		$105,344	$0	$46,721	Yes (X)
IDA L DIXON
VICE PRESIDE	5.00	Yes (X)	$21,830	$0	$0		Yes (X)
GEORGE WILSON
TRUSTEE	5.00		$20,255	$0	$0		Yes (X)
WILLIE E JEFFRIES
TRUSTEE	5.00		$20,030	$0	$0		Yes (X)
GARY F GEIGER
TREASURER	5.00	Yes (X)	$18,764	$0	$0		Yes (X)
BARBARA WESTON
PRESIDENT	5.00	Yes (X)	$18,230	$0	$0		Yes (X)
JAMES R DANTZLER
TRUSTEE	5.00		$15,755	$0	$0		Yes (X)
WILLIAM ROBINSON
TRUSTEE	5.00		$15,558	$0	$0		Yes (X)
JACQUELINE S SHAW
SECRETARY	5.00	Yes (X)	$15,305	$0	$0		Yes (X)
JOE STRICKLAND JR
TRUSTEE	5.00		$14,742	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,091,491	TotalReportableCompFromOrgAmt
Total Other Compensation	$470,278	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	8	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SUMTER UTILITIES INC
1151 N PIKE W	SUMTER	SC	29153	CONSTRUCTION	$1,784,954
BROTHERS TREE COMPANY INC
1317 MAIN HIGHWAY	BAMBERG	SC	29003	RIGHT OF WAY	$1,059,200
RIGHT WAY TREE EXPERTS LLC
8377 WASH DAVIS RD	SUMMERTON	SC	29148	RIGHT OF WAY	$1,055,624
NATIONAL ONDEMAND INC
445 S MAINT ST	BURLINGTON	NC	27215	FIBER INSTALL	$1,045,467
R&S COMMUNICATIONS
1257 ETHAN STONE RD	MANNING	SC	29102	FIBER INSTALL	$931,841

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
ELECTRIC ENERGY SALES	221000	$47,986,957	$47,986,957
FIBER ACCESS REVENUE	221000	$3,300,000	$3,300,000
PATRONAGE CAPITAL - ASSOCIATE	221000	$941,653	$941,653
POLE RENTAL REVENUE	221000	$40,885		$40,885

Field	Value	IRS element (for citing)
Total Program Service Revenue	$52,269,495	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$798,155	TotalRevenueColumnAmt
Exclusion	$798,155	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$53,067,650	TotalRevenueColumnAmt
Related Or Exempt Func Income	$52,228,610	RelatedOrExemptFuncIncomeAmt
Exclusion	$839,040	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$2,697,330	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$535,379	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$667,658	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,026,323	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,262,301	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PURCHASED POWER	$24,090,437
DISTRIBUTION MAINTENANCE	$5,347,555
DISTRIBUTION OPERATIONS	$3,504,499
ADMIN. & GENERAL	$3,117,219

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,632,447	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$51,881,148	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,067,729	BOYAmt
EOY	$3,014,597	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$11,736,969	BOYAmt
EOY	$15,759,828	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$4,633,519	BOYAmt
EOY	$4,263,515	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,668,177	BOYAmt
EOY	$2,930,722	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$233,388	BOYAmt
EOY	$443,821	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$179,529,445	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$44,671,120	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$127,918,634	BOYAmt
EOY	$134,858,325	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	-$2,565,732	BOYAmt
EOY	-$2,127,787	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$15,258,596	BOYAmt
EOY	$14,259,919	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$162,951,280	BOYAmt
EOY	$173,402,940	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$11,630,371	BOYAmt
EOY	$18,806,766	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$110,274,897	BOYAmt
EOY	$110,332,296	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,888,174	BOYAmt
EOY	$6,215,884	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$129,793,442	BOYAmt
EOY	$135,354,946	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$69,845	BOYAmt
EOY	$70,095	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$33,087,993	BOYAmt
EOY	$37,977,899	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$33,157,838	BOYAmt
EOY	$38,047,994	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$162,951,280	BOYAmt
EOY	$173,402,940	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,186,502	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$3,703,654	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$791,697	OtherCostOrOtherBasisAmt
Book Value	$791,697	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$178,737,748	OtherCostOrOtherBasisAmt
Depreciation	$44,671,120	DepreciationAmt
Book Value	$134,066,628	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$134,858,325	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDesc	Book ValueBookValueAmt
ECONOMIC DEVELOPMENT INVESTEMENT	$7,892,534
INVESTMENT IN CEE-US	$2,035,220
INVESTMENT IN NRUCFC	$1,844,444
INVESTMENT IN CENTRAL POWER	$1,824,540
INVESTMENT FEDERATED RURAL INSURANCE	$335,153
INVESTMENT IN MERIDIAN COOP	$180,377
INVESTEMENT IN ECSC	$82,158
OTHER PROGRAM INVESTMENTS	$65,493

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$14,259,919	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
ACCRUED POSTRETIREMENT BENEFITS	$6,020,543
DEFERRED CREDITS	$195,341

Field	Value	IRS element (for citing)
Total Liability	$6,215,884	TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE D, PAGE 4, PART XIII	FormAndLineReferenceDesc
Explanation	THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18 CFR PART 101). THOSE PRACTICES UTILIZE ALLOCATION BASES. AS ARSULT, IT WOULD REQUIRE SIGNIFCANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAL EXPENSES. MANAGMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON PART IX OF THE FORM 990 IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS, REGULATORS, AND ITS MEMBER-OWNERS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
CHAD LOWDER
CEO	$241,850	$512	$3,363	$103,354	$25,831	$374,910
MICHAEL WEEKS
CFO	$179,481	$552	$5,838	$67,027	$24,706	$277,604
JERRELL FURTICK
COO	$170,514	$541	$9,131	$71,710	$24,910	$276,806
JOHN ARANT
CONTRACT SUPERVISOR	$106,735	$606	$1,120	$33,107	$23,664	$165,232
AIRFINEIL WHITMORE
SUPER. SYSTEM MAINT.	$101,690	$2,501	$1,244	$36,478	$12,770	$154,683
MATT WILES
CONSTR. CREW LEADER	$103,989	$1,083	$272	$33,015	$13,706	$152,065

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4D	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
FORM 990, PAGE 6, PART VI, LINE 6	THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS AN ATTACHMENT TO THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7A	THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS AN ATTACHMENT TO THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7B	CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS AN ATTACHMENT TO THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED WITH THE BOARD OF TRUSTEES PRIOR TO FILING WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM FOR THEIR REVIEW.
FORM 990, PAGE 6, PART VI, LINE 12C	THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICIES (BOARD POLICY NO. 413, 414, AND 415) WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15A	THER PERFORMANCE OF THE CEO IS EVALUATED BY THE BOARD IN ACCORDANCE WITH BOARD POLICY NO. 427 WHICH IS INCLUDED AS PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15B	WAGE AND SALARY ADMINISTRATION IS GOVERNED BY BOARD POLICY NO. 428 WHICH IS INCLUDED AS PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 19	THE COOPERATIVE MAKES ITS BYLAWS, FINANCIAL REPORTS, AND OTHER COOPERATIVE INFORMAITON AVAILABLE TO ITS MEMBERS THROUGH ITS WEBSITE. IN ADDITION, THE FORM 990 AND ITS ATTACHMENTS ARE AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18.
FORM 990, PART XI, LINE 9	PATRONAGE CAPITAL CREDITS 2,697,330 ASC 980 - DEFERRED REVENUE 1,500,000 MEMBERSHIP FEES 250 OTHER CHANGES IN EQUITY 95,124 CAPITAL CREDIT RETIREMENTS -482,280 OTHER COMPREHENSIVE INCOME -106,770 TOTAL 3,703,654

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	TRICO DEVELOPMENT LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 217	AddressLine1Txt
City	ST MATTHEWS	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29135	ZIPCd

Field	Value	IRS element (for citing)
EIN	820674240	EIN
Primary Activities	ECON. DEV.	PrimaryActivitiesTxt
Legal Domicile State	SC	LegalDomicileStateCd
End Of Year Assets	$7,987,480	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	TRI-CO ECI	BusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	TRICOLINK INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 217	AddressLine1Txt
City	ST MATTHEWS	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29135	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	BROADBAND	PrimaryActivitiesTxt
Legal Domicile State	SC	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	TRI-CO ECI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	C CORP	EntityTypeTxt
Share Of Total Income	$8,120,616	ShareOfTotalIncomeAmt
Share Of EOY Assets	$12,903,618	ShareOfEOYAssetsAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	false	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (true)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
TRICOLINK INC
D	$4,263,515	COST
TRICOLINK INC
Q	$3,300,000	COST
TRICOLINK INC
D	$9,945,121	COST
TICOLINK INC
A	$734,943	COST