2024-04-23T10:34:17-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 570263136 TRI-COUNTY ELECTRIC COOPERATIVE INC TRI- 8038741215 PO BOX 217 ST MATTHEWS SC 291350217 CHAD LOWDER CEO 8038741215 2024-03-31 true CHAD LOWDER XXX-XX-XXXX false JASON A PEACOCK P00978537 4787466277 2024-04-23 2023 2023-04-26 12:10:37Z CHAD LOWDER PO BOX 217 ST MATTHEWS SC 29135 53067650 false X X 1940 SC 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. 9 9 65 0 0 48127274 52269495 175504 798155 0 48302778 53067650 0 1682380 2697330 524612 535379 0 0 47410289 48648439 49617281 51881148 -1314503 1186502 162951280 173402940 129793442 135354946 33157838 38047994 X 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. false false 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. 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. false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false true true false false true 48 0 true 65 true false false false false false 47850939 4438773 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 SC X TRI-COUNTY ECI 8038741215 6473 OLD STATE ROAD ST MATTHEWS SC 291350217 CHAD LOWDER CEO 50.00 X 245725 0 129185 MICHAEL WEEKS CFO 50.00 X 185871 0 91733 JERRELL FURTICK COO 50.00 X 180186 0 96620 JOHN ARANT CONTRACT SUP 50.00 X 108461 0 56771 AIRFINEIL WHITMORE SUPER. SYSTE 50.00 X 105435 0 49248 MATT WILES CONSTR. CREW 50.00 X 105344 0 46721 IDA L DIXON VICE PRESIDE 5.00 X X 21830 0 0 GEORGE WILSON TRUSTEE 5.00 X 20255 0 0 WILLIE E JEFFRIES TRUSTEE 5.00 X 20030 0 0 GARY F GEIGER TREASURER 5.00 X X 18764 0 0 BARBARA WESTON PRESIDENT 5.00 X X 18230 0 0 JAMES R DANTZLER TRUSTEE 5.00 X 15755 0 0 WILLIAM ROBINSON TRUSTEE 5.00 X 15558 0 0 JACQUELINE S SHAW SECRETARY 5.00 X X 15305 0 0 JOE STRICKLAND JR TRUSTEE 5.00 X 14742 0 0 1091491 470278 8 false true false SUMTER UTILITIES INC 1151 N PIKE W SUMTER SC 29153 CONSTRUCTION 1784954 BROTHERS TREE COMPANY INC 1317 MAIN HIGHWAY BAMBERG SC 29003 RIGHT OF WAY 1059200 RIGHT WAY TREE EXPERTS LLC 8377 WASH DAVIS RD SUMMERTON SC 29148 RIGHT OF WAY 1055624 NATIONAL ONDEMAND INC 445 S MAINT ST BURLINGTON NC 27215 FIBER INSTALL 1045467 R&S COMMUNICATIONS 1257 ETHAN STONE RD MANNING SC 29102 FIBER INSTALL 931841 9 ELECTRIC ENERGY SALES 221000 47986957 47986957 FIBER ACCESS REVENUE 221000 3300000 3300000 PATRONAGE CAPITAL - ASSOCIATE 221000 941653 941653 POLE RENTAL REVENUE 221000 40885 40885 52269495 798155 798155 53067650 52228610 839040 2697330 535379 667658 5026323 4262301 PURCHASED POWER 24090437 DISTRIBUTION MAINTENANCE 5347555 DISTRIBUTION OPERATIONS 3504499 ADMIN. & GENERAL 3117219 2632447 51881148 0 0 0 2067729 3014597 11736969 15759828 4633519 4263515 3668177 2930722 233388 443821 179529445 44671120 127918634 134858325 -2565732 -2127787 15258596 14259919 162951280 173402940 11630371 18806766 110274897 110332296 7888174 6215884 129793442 135354946 X 69845 70095 33087993 37977899 33157838 38047994 162951280 173402940 X 1186502 3703654 X false true X true false 791697 791697 178737748 44671120 134066628 134858325 ECONOMIC DEVELOPMENT INVESTEMENT 7892534 INVESTMENT IN CEE-US 2035220 INVESTMENT IN NRUCFC 1844444 INVESTMENT IN CENTRAL POWER 1824540 INVESTMENT FEDERATED RURAL INSURANCE 335153 INVESTMENT IN MERIDIAN COOP 180377 INVESTEMENT IN ECSC 82158 OTHER PROGRAM INVESTMENTS 65493 14259919 ACCRUED POSTRETIREMENT BENEFITS 6020543 DEFERRED CREDITS 195341 6215884 SCHEDULE D, PAGE 4, PART XIII 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. X X X X false false false CHAD LOWDER CEO 241850 512 3363 103354 25831 374910 MICHAEL WEEKS CFO 179481 552 5838 67027 24706 277604 JERRELL FURTICK COO 170514 541 9131 71710 24910 276806 JOHN ARANT CONTRACT SUPERVISOR 106735 606 1120 33107 23664 165232 AIRFINEIL WHITMORE SUPER. SYSTEM MAINT. 101690 2501 1244 36478 12770 154683 MATT WILES CONSTR. CREW LEADER 103989 1083 272 33015 13706 152065 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 TRICO DEVELOPMENT LLC PO BOX 217 ST MATTHEWS SC 29135 820674240 ECON. DEV. SC 7987480 TRI-CO ECI TRICOLINK INC PO BOX 217 ST MATTHEWS SC 29135 BROADBAND SC TRI-CO ECI C CORP 8120616 12903618 1.00000 false true false false true false false false false false false false false false false false true false false false TRICOLINK INC D 4263515 COST TRICOLINK INC Q 3300000 COST TRICOLINK INC D 9945121 COST TICOLINK INC A 734943 COST