2025-08-25T11:02:42-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 580465263 TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION TRI- 4789868100 PO BOX 487 GRAY GA 31032 RAPHAEL M GRINBERG CEO 4789868100 2025-08-06 true false H TERRELL MCMICHAEL JR P01259982 4787466277 2025-08-25 2024 2025-03-06 01:10:19Z RAPHAEL M GRINBERG 310 W CLINTON ST GRAY GA 31032 59824108 false X X 1939 GA 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 76 0 0 54405246 59176704 311452 398523 -1167625 248881 53549073 59824108 0 3591088 2575909 423797 453729 0 0 50701813 56545589 54716698 59575227 -1167625 248881 180121890 190379579 131886998 140145367 48234892 50234212 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 N/A false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true true true false true 56 0 true 76 true false false false false false 57112732 623298 false false false X 9 9 false false false false false true true true true false false true true true true true true true true false GA X DAWN HASKINS 4789868100 PO BOX 487 GRAY GA 31032 BRENDA P GREEN CHAIRMAN 4.00 X X 16565 0 0 SAMMY O HALL VICE-CHAIRMA 1.56 X X 12365 0 0 EDWARD WALKER DIRECTOR 2.67 X 12099 0 0 DAN Z GREENE SECRETARY/TR 3.40 X X 11465 0 0 MARION NELSON DIRECTOR 2.73 X 12365 0 0 MIKE S RAINEY III DIRECTOR 2.38 X 12065 0 0 GEORGE COMER DIRECTOR 3.38 X 13565 0 0 CECIL B PATTERSON DIRECTOR 2.38 X 13565 0 0 CHAP NELSON DIRECTOR 1.55 X 13565 0 0 RAPHAEL M GRINBERG CEO 50.00 X 280277 0 55832 DAWN HASKINS SENIOR EVP A 50.00 X 219799 0 54160 WILLIAM MARSH COO:TRI-CO. 50.00 X 186123 0 61588 GREGORY MULLIS COO: TRI-COG 50.00 X 197285 0 49049 DERYL CROSBY ACCOUNTING C 50.00 X 175039 0 34526 MICHAEL HULETT OPS. SUPR. S 50.00 X 137485 0 29891 1313627 285046 21 false true false INNOVATIVE FIBER TECHNOLOGIES LLC 1901 MAYNARD MILL RD FORSYTH GA 31029 FIBER 1549469 CAPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 FIBER 480386 JCL ENERGY LLC 54 S SHARPSVILLE AVE SHARON PA 16146 TRANSFORMERS 296028 CONEXON LLC 2001 GRAND BLVD SUITE 700 KANSAS CITY MO 64108 BROADBAND 119953 BEACH TIMBER COMPANY BLACKSHEAR LLC 6352 TIMBER LN BLACKSHEAR GA 31516 CONSULTING/INSP 103886 7 ELECTRIC REVENUE 221000 57112732 57112732 POLE RENTAL 221000 1619133 1619133 OTHER CAPITAL CREDITS 221000 444839 444839 59176704 398523 398523 NON-OPERATING INC - TCSCI 248881 248881 248881 59824108 57806452 2017656 2575909 453729 5314434 6245028 PURCHASED POWER 33391581 DISTRIBUTION MAINTENANCE 4231277 DISTRIBUTION OPERATIONS 3032666 ADMIN. & GENERAL EXP. 2733791 1596812 59575227 0 0 0 767240 808199 9082670 8723360 5718765 7159542 837453 805411 134638 69650 214516588 40839566 164976703 173677022 -1448590 -932480 53011 68875 180121890 190379579 6963137 7378819 123853781 131661068 1070080 1105480 131886998 140145367 X 93475 94455 48141417 50139757 48234892 50234212 180121890 190379579 X 248881 1750439 X false true X true false 2271322 2271322 212182552 40839566 171342986 173614308 CONSUMER DEPOSITS 1105480 1105480 X X X X X false false false RAPHAEL M GRINBERG CEO 265193 5000 10084 52379 3453 336109 DAWN HASKINS SENIOR EVP AND CFO 195851 3000 20948 30056 24104 273959 WILLIAM MARSH COO:TRI-CO. EMC 182456 2000 1667 44325 17263 247711 GREGORY MULLIS COO: TRI-COGO 176398 5000 15887 34557 14492 246334 DERYL CROSBY ACCOUNTING CLERK 161011 3750 10278 22608 11918 209565 MICHAEL HULETT OPS. SUPR. SOUTH DIS 126344 500 10641 17672 12219 167376 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 A PART OF 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 A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIALSTATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 MEMBERSHIPS 980 PATRONAGE CAPITAL 2,575,909 DONATED CAPITAL 2,650 CAPITAL CREDIT RETIREMENTS -705,136 RETIRED CAPITAL CREDITS GAIN -123,964 TOTAL 1,750,439 TRI-COUNTY EMC FOUNDATION INC PO BOX 487 GRAY GA 310320487 582615095 CHARITY GA 3 7 NA false TRI-COUNTY SERVICE CENTER INC PO BOX 487 GRAY GA 31032 301245211 BROADBAND GA TC EMC C CORP 248881 3879324 1.00000 false false true false true false false false false false false false false false false true false true false false TRI-COUNTY EMC FOUNDATION INC O 8244 FMV TRI-COUNTY EMC FOUNDATION INC B 237851 FMV TRI-COUNTY SERVICE CENTER INC D 7159842 COST- (PSC APPROVED CAM) TRI-COUNTY SERVICE CENTER INC O 924740 COST- (PSC APPROVED CAM) TRI-COUNTY SERVICE CENTER INC Q 2537895 COST- (PSC APPROVED CAM) TRI-COUNTY SERVICE CENTER INC A 371086 FMV - (PSC APPROVED CAM) SCHEDULE R TRI-COUNTY SERVICE CENTER, INC. IN 2019, THE GEORGIA GENERAL ASSEMBLY PASSED SENATE BILL 2 (GEORGIA LAW), WHICH AMENDED CHAPTER 3 OF TITLE 46. THIS BILL ALLOWS ELECTRIC MEMBERSHIP CORPORATIONS TO ENGAGE IN CERTAIN ACTIVITIES IN ORDER TO FACILITATE THE PROVISION OF BROADBAND SERVICES; TO SPECIFICALLY AUTHORIZE ELECTRIC MEMBERSHIP CORPORATIONS AND THEIR AFFILIATES TO PROVIDE BROADBAND SERVICES; TO PROVIDE FOR AND REVISE DEFINITIONS; TO AUTHORIZE CERTAIN FINANCING AND PARTNERSHIPS FOR THE PROVISION OF BROADBAND SERVICES. IN ACCORDANCE WITH GEORGIA LAW: NO ELECTRIC MEMBERSHIP CORPORATION, BROADBAND AFFILIATE, OR GAS AFFILIATE SHALL PERMIT CROSSSUBSIDIZATION BETWEEN ITS ELECTRICITY SERVICES ACTIVITIES, ITS BROADBAND SERVICES ACTIVITIES, OR ITS GAS ACTIVITIES. TO PREVENT CROSS-SUBSIDIZATION BETWEEN BROADBAND SERVICES ACTIVITIES AND GAS ACTIVITIES AND BETWEEN BROADBAND SERVICES ACTIVITIES AND ELECTRICITY SERVICES ACTIVITIES, ANY ELECTRIC MEMBERSHIP CORPORATION WITH A BROADBAND AFFILIATE THAT PROVIDES RETAIL BROADBAND SERVICES SHALL: 1.FULLY ALLOCATE ALL COSTS OF ELECTRICITY SERVICES ACTIVITIES AND BROADBAND SERVICES ACTIVITIES, INCLUDING COSTS OF ANY SHARED SERVICES, BETWEEN ELECTRICITY SERVICES ACTIVITIES AND SUCH BROADBAND AFFILIATE'S BROADBAND SERVICES ACTIVITIES, IN ACCORDANCE WITH: A.THE PROVISIONS OF THIS CODE SECTION; AND B.THE APPLICABLE UNIFORM SYSTEM OF ACCOUNTS AND GENERALLY ACCEPTED ACCOUNTING PRINCIPLES THAT ARE APPLICABLE TO ELECTRIC MEMBERSHIP CORPORATIONS UNDER FEDERAL AND STATE LAWS, RULES, AND REGULATIONS; 2.NOT CHARGE ANY COSTS OF ELECTRICITY SERVICES ACTIVITIES OR GAS ACTIVITIES TO THE BROADBAND SERVICES CUSTOMERS OF THE BROADBAND AFFILIATE; 3.NOT CHARGE ANY COSTS OF BROADBAND SERVICES ACTIVITIES TO THE ELECTRICITY SERVICES CUSTOMERS OF SUCH ELECTRIC MEMBERSHIP CORPORATION OR TO THE GAS ACTIVITIES CUSTOMERS OF ITS GAS AFFILIATE; AND 4.NOT USE BELOW-MARKET LOANS OR BELOW-MARKET FUNDING FROM PROGRAMS THAT ARE NOT INTENDED TO SUPPORT THE DEPLOYMENT OF BROADBAND FACILITIES OR BROADBAND SERVICES IN ORDER TO SUPPORT BROADBAND FACILITIES OR TO PROVIDE BROADBAND SERVICES UNLESS THE ELECTRIC MEMBERSHIP CORPORATION OR ITS BROADBAND AFFILIATE IMPUTES THE DIFFERENCE BETWEEN MARKET RATES AND THE BELOW-MARKET LOANS OR BELOW-MARKET FUNDING INTO THE COSTS OF ITS BROADBAND FACILITIES AND BROADBAND SERVICES. THE PROVISIONS OF THIS PARAGRAPH SHALL NOT APPLY TO LOANS OR FUNDING FROM PROGRAMS THAT ARE INTENDED TO SUPPORT THE DEPLOYMENT OF BROADBAND FACILITIES OR BROADBAND SERVICES. FURTHERMORE, GEORGIA LAW REQUIRES ANY ELECTRIC MEMBERSHIP CORPORATION THAT PLANS TO PROVIDE RETAIL BROADBAND SERVICES THROUGH A BROADBAND AFFILIATE TO DEVELOP AND MAINTAIN A COST ALLOCATION MANUAL DESCRIBING THE ELECTRIC MEMBERSHIP CORPORATION'S METHODS OF COST ALLOCATION AND SUCH OTHER INFORMATION AND POLICIES REASONABLY REQUIRED TO ENSURE COMPLIANCE WITH ARTICLE 4 OF CHAPTER 3 OF TITLE 46 OF THE GEORGIA CODE, SUCH COST ALLOCATION MANUAL TO BE APPROVED BY THE PUBLIC SERVICE COMMISSION (PSC). IN REGARD TO LOANS, TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION SHALL NOT PROVIDE TO TCSC BELOW MARKET LOANS OR FINANCING, EXCEPT FOR LOANS OR FUNDING FROM PROGRAMS THAT ARE INTENDED TO SUPPORT THE DEPLOYMENT OF BROADBAND FACILITIES OR BROADBAND SERVICES. STATED INTEREST RATES WILL BE UTILIZED FOR LOANS SPECIFICALLY TO SUPPORT THE DEPLOYMENT OF BROADBAND FACILITIES OR BROADBAND SERVICES AS DESCRIBED IN GEORGIA LAW. BASED ON THE FACTS ABOVE AND IN ACCORDANCE WITH THE PROVISION OF IRC 512 (B)(1), THE CORPORATION HAS DEEMED THESE RATES TO BE AT FAIR MARKET VALUE AND NOT CONSIDERED UNRELATED BUSINESS INCOME. TRI-COUNTY EMC FOUNDATION, INC. THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO TRI-COUNTY EMC FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.