2025-09-24T14:49:57-04:00 2024-12-31 990 2024-01-01 381109570 TRI-COUNTY ELECTRIC COOPERATIVE TRI- 5176477554 7973 E Grand River Ave Portland MI 48875 Samantha Campbell CFO 5176471281 2025-09-25 2024 2025-03-06 01:10:19Z Christopher O'Neill 7973 E Grand River Ave Portland MI 48875 73423491 false X X 1937 MI To provide our members and customers with energy comfort and communication solutions that will enhance their quality of life. 7 7 116 0 594446 0 64821 62767 67438458 72888989 192076 124160 276232 302496 67971587 73378412 0 0 3785601 4727926 9593571 10737409 0 0 0 55576164 58556573 68955336 74021908 -983749 -643496 236676088 244298896 157945189 160739034 78730899 83559862 To provide our members and customers with energy comfort and communication solutions that will enhance their quality of life. false false 0 0 0 Revenues from sale of electric power to 27,221 meters. Added replaced 9.15 miles of line for a total of 3,430 miles of line. 0 0 0 Revenues from sale of high speed internet to customers 10,413. Constructed 19 miles of fiber to provide high speed internet and phone service to our electric members and other non-member expansion areas for a total of 2,122 miles of fiber. 0 0 0 0 0 0 0 false true false false false false false false true false true false true false true true true true false false false false false false false false false false false true false false false false true false false false false false false true true true false true 78 0 true 116 true true true false false false false 70333929 756832 false false false 7 7 true false false false true true true true false false false true true true true true true true true false X Samantha Campbell 5176477554 7973 E Grand River Ave Portland MI 48875 X Christopher O'Neill President-CEO 39.11 5.11 X 326533 0 111410 Patrick Simmer COO 41.00 0.65 X 174883 0 69228 Thomas Manting CIO 41.23 0.29 X 156607 0 107441 Samantha Campbell CFO 41.56 2.95 X 147641 0 13086 Jeremy Zuke Lineman 52.46 0 X 178142 0 40594 Brian Moore Lineman 49.41 0 X 163989 0 38060 Christopher Vallier Lineman 46.49 0 X 159479 0 53478 Richard Warchuck Lineman 48.01 0 X 158067 0 52941 Christian Jensen Engineering Supervisor 45.00 0 X 155078 0 91915 Luke Pohl Chairman 10.82 0.30 X X 22195 0 0 James Stebbins Board Member 11.70 0.30 X 22145 0 0 Shirley Sprague Board Member 12.14 0.30 X 19468 0 0 John Lord Vice Chairman 10.41 0.30 X X 18995 0 0 Theresa Sopocy Board Member 9.68 0.30 X 18050 0 0 Jake Borton Jr II Board Member 6.26 0.30 X 16475 0 0 Ed Oplinger - Jan - Aug Secretary-Treasurer 2.26 0.30 X X 9637 0 0 David Livermore Jr - Sept - Dec Board Member 4.22 0.30 X 8198 0 0 1755582 0 578153 35 false true false FIOptix Inc 101 E 8th Ave Ste 400 Conshohocken PA 19428 Fiber Construction 2463582 Wright Tree Service Inc PO Box 1718 Des Moines IA 50306 ROW Clearing 1178828 Procare Tree Service LLC DBA CHOP Tree Service 1505 Steele Ave SW Grand Rapids MI 49507 ROW Clearing 1117148 Alpine Tree Service LLC 313 Pickeral Lake Dr Newaygo MI 49337 ROW Clearing 1058475 B&M Ashman Inc 8455 Ronda Dr Canton Twp MI 48187 Fiber Construction 760887 11 0 0 0 0 62767 0 0 62767 Utilities 221000 59226371 59226371 0 0 Wired Telecommunications Carriers 517110 10882528 10292568 589960 0 Capital Credit Allocations 900999 2780090 2780090 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72888989 108498 0 0 108498 0 0 0 0 0 0 0 0 300013 0 0 0 300013 0 300013 300013 0 0 20801 0 5139 0 15662 0 15662 11176 4486 0 0 0 0 0 0 0 0 0 0 0 0 0 42423 39940 2483 2483 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 73378412 72612701 594446 108498 X 0 0 0 0 0 0 4727926 0 1144174 0 0 0 310337 0 0 0 6236576 0 0 0 1491410 0 0 0 1021297 0 0 0 533615 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2828903 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5993431 0 0 0 0 0 0 0 7970897 0 0 0 0 0 0 0 Cost of Power/Internet Service 34054882 0 0 0 Distribution 4252499 0 0 0 Administration 1703408 0 0 0 Customer Acconts 1747783 0 0 0 4770 0 0 0 74021908 0 0 0 0 0 0 0 0 0 1056610 2512591 0 0 7764690 8052869 0 0 0 0 74295 70177 5724909 4906761 1208832 1201041 234591856 53019828 177711772 181572028 0 0 0 0 41666194 44719682 445694 537962 1023092 725785 236676088 244298896 10691604 13355681 0 0 2118475 2014026 0 0 4878 4620 0 0 141030201 136759832 2725000 7400000 1375031 1204875 157945189 160739034 X 64176280 68156371 14554619 15403491 0 0 78730899 83559862 236676088 244298896 X -643496 0 0 0 0 5472459 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 0 0 0 0 true X 3300 658427 661727 8393145 4019299 4373846 222363406 48764719 173598688 3173577 235810 2937767 181572028 Wolverine Power Supply Co-op Capital Credits 32981897 C Tri-Co Services Inc. 7140896 C CFC Subordinate Certificates 1748733 C CFC Patronage Capital 1728834 C Memberships and Other Investments 1119322 C 44719682 Lease Liability - ASC Topic 842 1204875 1204875 X 73873083 494671 494671 73378412 0 73378412 69289212 0 69289212 4732696 4732696 74021908 Part X, line 2 The Cooperative is exempt from federal income tax under Section 501c 12. The Cooperative is annually required to file a Return of Origination Exempt from Income Tax Form 990 with the IRS. The Cooperative evaluates its tax positions that have been taken or are expected to be taken on income tax returns to determine if an accrual is necessary for uncertain tax positions. As of December 31 2023 and 2024 the unrecognized tax benefit accrual was zero. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred. The Cooperative is no longer subject to Federal tax examinations by tax authorities for years before 2021 and state examination for years before 2021. The Cooperative undergoes an annual analysis of its various tax positions assessing the likelihood of those positions being upheld upon examination with relevant tax authorities. Part XI, line 2d Equity Earnings from Subsidiary $499,441 Non-Operating Expense $4,770 Part XII, line 4b Patronage Capital Credits allocated during the year $4,727,926 Non-Operating Expense $4,770 Part IV, line 2b The Cooperative collects and remits voluntary contributions to the Tri-County Electric People Fund Inc. the fund a 501c 3 nonprofit organization for charitable giving to individuals and organizations primarily in the Cooperative service area. Amounts to the fund on December 31 2023 and 2024 amounts to $4,878 and $4,620 respectively. X X X false false false Christopher O'Neill President-CEO 260610 0 65000 0 924 0 82905 0 30283 0 439722 0 0 0 Patrick Simmer COO 168113 0 3000 0 3770 0 46220 0 23684 0 244787 0 0 0 Thomas Manting CIO 149594 0 3750 0 3263 0 81096 0 26947 0 264650 0 0 0 Samantha Campbell CFO 133527 0 13750 0 364 0 12536 0 1420 0 161597 0 0 0 Jeremy Zuke Lineman 177635 0 0 0 507 0 15289 0 25881 0 219312 0 0 0 Brian Moore Lineman 163649 0 0 0 341 0 12754 0 26046 0 202790 0 0 0 Christopher Vallier Lineman 158928 0 0 0 551 0 25673 0 28404 0 213556 0 0 0 Richard Warchuck Lineman 157256 0 0 0 811 0 27636 0 25742 0 211445 0 0 0 Christian Jensen Engineering Supervisor 145439 0 7500 0 2140 0 63409 0 29101 0 247589 0 0 0 Part II Line 1 | Name :, Title:, Item Selected:, Description:| All Employees Listed, Included in column "c" deferred comp is the estimated current year increase in the actuarial value of the defined benefit plan for all employees. These amounts do not represent any current year contribution to the plan. They are estimates of the increase in actuarial value of the plan received from NRECA. The current year expense and increase in actuarial value for each employee are reflected in the statement on the Schedule O for Form 990 Part VII Column F.| Christia Manting Spouse of CIO 106001 Wages and Benefits false Jeffrey Campbell Spouse of CFO 204336 Wages and Benefits false Part VI, Section B, Line 1 Tri-County Electric Cooperative is divided into seven districts. Each district has a member elected Board of Director that votes on behalf of the district represented. There is a total of seven Board of Director seats. Part VI, Line 2 All Board members and CEO have business relationships due to their positions with Tri-Co Services Inc. a wholly owned corporation. Part VI, Line 6 There is one class of members. Each member is entitled to one vote. Part VI, Line 7a Each member is entitled to one vote to elect their district board member at their annual district meeting. Part VI, Line 7b The bylaws may be altered amended or repaired by a vote of two-thirds of the delegates of the Cooperative. Part VI, Line 8a There is no committee with the authority to act on behalf of the full board. Part VI, Line 11a The CEO and CFO reviewed the Form 990 prior to it being filed. The Form 990 was also reviewed by a third party audit firm. Form 990 is distributed to the Board to review and approve by Board Resolution prior to being filed with the IRS. Part VI, Line 12c A Board policy exists describing the situations creating a conflict of interest and requires each of the directors and key employees to disclose and report any potential conflicts to the proper authority. The CFO CIO COO and other employees must report to the CEO. The CEO must report to the Board Chairman. The CEO CFO CIO and COO and the directors are required to review and sign an annual statement pertaining to conflicts of interest. Directors found in violation of this policy will be dealt with pursuant to the bylaws of the Cooperative. A Board member abstains from voting on any items with potential conflicts. Part VI, Line 15 Job descriptions are maintained for each position providing a basis for responsibility for each position. Annual goals and objectives tied to the strategic plan of the Organization are set for each position. Once each fiscal year the performance of these positions are evaluated. For the CEO the Board of Directors as a whole evaluates the performance against the job responsibilities goals and objectives. Also guidelines are provided by the national organization called the CEO Competency Profile which provides a list of the competencies and characteristics for success. For the CFO COO and CIO the position is evaluated in a similar manner as the CEO. Annual compensation surveys are obtained for the above positions in a similar organization and similar responsibilities which provide compensation ranges. Education background and work experience is also taken into consideration. Annual evaluations are brought to the Board in September of each year. This annual process was last completed in September 2024. Part VI, Line 19 The organization makes its governing documents conflict of interest policy and financial statements available upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| Donated capital $349,431 Capital Credits Retired -$104,339 Equity Earnings By Subsidiary $499,441 Patronage Capital Allocated during the year $4,727,926. Total of $5,472,459., Other Changes in Net Assets, $5472459| Part IX Line 4 | Explanation:| The Cooperative has interpreted the instructions to part IX line 4 to mean patronage allocated for the year rather than capital credits retired. This is consistent with the bylaws of the Cooperative. Part VII General | Explanation:| Included in column "f" is the estimated amount of other compensation which includes the estimated annual increase in the actuarial value of the defined benefit plan for all employees. The estimated increase for Christopher ONeill is $69,563 Patrick Simmer $37,536 Thomas Manting $73,433 Samantha Campbell $6,042 Jeremy Zuke $9,736 Brian Moore $7,201 Christopher Vallier $19,791 Richard Warchuck $21,755 and Christian Jensen $55,826. These amounts are an estimate of the increase in value of the plan and is not the current year expense of the Cooperative. The current year expense of the defined benefit plan is $59,121 $38,161 $34,016 $26,772 $22,193 $22,193 $23,501 $23,501 and $33,632 respectively. Part VII General | Explanation:| Expense reimbursement of executive officer compensation allocated to the for profit subsidiary Tri-Co Services is included in the figures shown in Part VII for the CEO CIO COO and CFO. The allocation of compensation is reimbursed at cost per the management agreement between the two entities. Tri-Co Services reports the allocation expenses as executive labor on the annual filed 1120. Tri County Electric People Fund Incorporated 7973 E Grand River Ave Portland MI 48875 383083659 Operation Round Up MI 501(C)(3) Charity Status 7 Tri-County Electric Cooperative true Tri Co Services Incorporated 7973 E Grand River Ave Portland MI 48875 382803942 Sales and Services MI Tri-County Electric Cooperative C-Corporation 2859562 9220430 1 true true false false false true true false false false false false false false true true true true true true TriCo Services Incorporated A 43600 Actual Cost TriCo Services Incorporated E 12050000 Actual Cost TriCo Services Incorporated N 75866 Actual Cost TriCo Services Incorporated O 1322139 Actual Cost TriCo Services Incorporated Q 218489 Actual Cost TriCo Services Incorporated R 16967318 Actual Cost TriCounty People Fund Incorporated R 56966 Actual Cost