2018-11-01T14:29:28-05:00 2017-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2017-01-01 370555013 Tri-County Electric Cooperative Inc TRI- 6182445151 PO Box 309 Mount Vernon IL 62864 Marcia Scott General Manager 6182445151 2018-10-29 1 Patrick Cooper P00856177 3348347660 2018-10-24 142.154.130.164 2018-10-29 09:25:15 CD P 0C1724741AE0B7B2CBC8A006392FEB2DFBE97CF6 58A221B50A0AB7FF5D57FDB9C2C3D3903606F433 2017 2019-02-21 02:37:17Z Marcia Scott 3906 West Broadway Mt Vernon IL 62864 48856753 0 X www.tricountycoop.com X 1938 IL To safely provide our member-owners with reliable electric service, superior customer service and practical energy solutions, all at reasonable prices. 9 9 51 0 0 0 0 0 47979092 48716291 51124 69099 56012 53828 48086228 48839218 0 0 1325303 4227406 2609923 572956 0 0 0 42367394 44038856 46302620 48839218 1783608 0 115385835 118525750 71616683 71955810 43769152 46569940 To safely provide our member-owners with reliable electric service, superior customer service and practical energy solutions, all at reasonable prices. 0 0 Tri-County Electric Cooperative, Inc. is an electric distribution cooperative that provided service to approximately 15,000 members. With over 3,400 miles of electric distribution lines, Tri-County serves its members who are located primarily in the counties of Jefferson, Marion, and Washington in Illinois. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 128 0 1 51 1 0 0 0 0 0 47220884 2034257 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Christine Harris 6182445151 PO Box 309 Mt Vernon IL 62864 Tom Beyers Director 3.00 X 6300 0 0 Greg Vieira Director 3.00 X 6800 0 0 Samuel Phillips Director 2.00 X 4200 0 0 James Donald Laird Director 2.00 X 4200 0 0 Larry Manning Director 3.00 X 5400 0 0 Kathy Withers Director 2.00 X 5700 0 0 Richard Russell Director 3.00 X 7200 0 0 Doug Knolhoff Director 2.00 X 4200 0 0 Phil Carson Director 2.00 X 4400 0 0 Marcia Scott General Manager 45.00 X 204132 0 198989 Christine Harris Supervisor of Accounting 42.00 X 87068 0 34367 Brad Ahlers Foreman 48.00 X 122216 0 54841 Brad Grubb Director of Operations 45.00 X 122354 0 68381 Christian Kinder Serviceman 48.00 X 120141 0 30057 Greg Joy Foreman 46.00 X 117409 0 54675 Jerome Lalumondier Serviceman 46.00 X 115964 0 70195 937684 0 511505 6 0 1 0 Oil Field Tree Service PO Box 247 West Frankfort IL 62896 Tree Trimming 1980268 Henkels & McCoy Inc 2268 Collection Center Drive Chicago IL 60693 Electrical Line Construction 384999 Oil Field Electric PO Box 247 West Frankfort IL 62896 Electrical Line Construction 105104 3 Sale of Electricity 221000 46334389 46334389 Capital Credits 221000 1959523 1959523 Other Electric Revenue 221000 422379 422379 48716291 51564 51564 48529 0 48529 48529 48529 35070 17535 17535 17535 17535 Miscellaneous Revenue 900099 5299 5299 5299 48839218 48721590 0 117628 X 4227406 572956 3115692 3858216 Cost of Power 29255723 Distribution Expense - 4289128 Administrative and Gene 2415466 Distribution Expense - 1104631 48839218 2337503 2151807 2043 139 4146330 4192683 633633 704793 2026837 1846165 131244457 36428838 93198466 94815619 13041023 14814544 115385835 118525750 7131958 7617921 1509226 1366323 62567850 62573223 407649 398343 71616683 71955810 X 0 0 505539 597905 43263613 45972035 43769152 46569940 115385835 118525750 X 0 2800788 X 0 1 X 1 0 162619 162619 2423337 1379258 1044079 128658501 35049580 93608921 94815619 Subordinated Certificates 1680867 F Investments in Associated Organizations 13032299 F Other Investments 101378 F 14814544 Provision for Post Retirement Benefits 398343 398343 X 48839218 0 48839218 0 48839218 44611812 0 44611812 4227406 4227406 48839218 Part X, Line 2: An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with fex exceptions, are no longer subject to federal, state, or local income tax examinations by taxing authorities for years before 2014. Part XII, Line 4b - Other Adjustments: Margins assignable to members X 0 0 0 Marcia Scott General Manager 204132 0 0 0 0 0 173734 0 25255 0 403121 0 0 0 Brad Ahlers Foreman 122216 0 0 0 0 0 38618 0 16223 0 177057 0 0 0 Brad Grubb Director of Operations 122354 0 0 0 0 0 45955 0 22426 0 190735 0 0 0 Christian Kinder Serviceman 120141 0 0 0 0 0 13843 0 16214 0 150198 0 0 0 Greg Joy Foreman 117409 0 0 0 0 0 38452 0 16223 0 172084 0 0 0 Jerome Lalumondier Serviceman 115964 0 0 0 0 0 53940 0 16255 0 186159 0 0 0 Form 990, Part VI, Section A, line 6 Tri-County is a member owned electric cooperative. Form 990, Part VI, Section A, line 7a Each member shall be entitled to only one vote and all board members are elected by the membership. Form 990, Part VI, Section A, line 7b Cooperative members ratify all bylaw changes. Form 990, Part VI, Section B, line 11b The Supervisor of Accounting reviews and verifies that figures agree to the Cooperative's records and the General manager reviews for reasonableness before distributing to the Board of Directors. The Board is given the opportunity to review and ask questions before filing. Form 990, Part VI, Section B, line 12c Conflict of interest disclosure forms are completed by employees and board members annually. Form 990, Part VI, Section B, line 15 Tri-County Electric Cooperative uses the NRECA compensation survey and Illinois Employer Association wage survey as a guide. Form 990, Part VI, Section C, line 19 Bylaws are offered to all new members and all other documents are available upon request. Bylaws are also published on our website. Financial statements are published annually in our monthly newsletter that is mailed or emailed to members as well as published on our website. Form 990, Part IX, Line 4 The instructions to the 2017 Form 990 indicate that organizations exempt under Section 501(c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2017. For 2016 the Cooperative used the margins retired rather than the margins assigned. Form 990, Part XI, line 9: Net margins assigned to members 4,227,406. Capital credit retirements -1,518,984. Retired capital credit gains 80,310. Capital credits abandoned -16,600. Change in donated capital 60. Retired capital credits SIIPC 28,596.