2025-10-27T13:56:57+00:00 2024-12-31 440160260 Forvis Mazars LLP PO Box 3667 Little Rock AR 722033667 990 2024-01-01 240744667 Tri-County Electric Cooperative Inc TRI- 5706622175 2448 CHARLESTON ROAD MANSFIELD PA 16933 AARON YOUNG CO CEO 5706622175 2025-10-27 true true Amber Sherrill P00748683 5013721040 2025-10-27 2024 2025-03-06 01:10:19Z AARON YOUNG 2448 CHARLESTON ROAD MANSFIELD PA 16933 49372656 false X WWW.TRI-COUNTRYREC.COM X 1937 PA PROVISION OF ELECTRICITY, ON A COOPERATIVE BASIS, TO MEMBERS IN RURAL PENNSYLVANIA. 9 9 39 5 0 1183410 1183410 42960669 43687892 1364518 176108 388635 666849 45897232 45714259 0 0 1103506 1057516 1183150 1137088 0 0 0 42520679 43786506 44807335 45981110 1089897 -266851 197183997 212021036 143105245 157126397 54078752 54894639 PROVISION OF ELECTRICITY, ON A COOPERATIVE BASIS, TO MEMBERS IN RURAL PENNSYLVANIA. false false PROVISION OF ELECTRICITY, ON A COOPERATIVE BASIS, TO MEMBERS IN RURAL PENNSYLVANIA. 0 false true 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 false false false false true false false false false false true 150 0 true 39 true false false false false false 42278763 1696844 false false false X 9 9 false false false false true true false true true false false false true true true true true true true true false false PA X JENNIFER PELLETT 5706622175 2448 CHARLESTON ROAD MANSFIELD PA 16933 GERALD KRINER CHAIRMAN 1.0 0.0 X X 24500 0 0 Lowell Geiser Secretary/Treasurer 1.0 0.0 X X 24000 0 0 Valery Robbins Vice Chairman 1.0 0.0 X X 18250 0 0 Alfred Calkins PREA Director 1.0 0.0 X 14500 0 0 James Davis Director 1.0 0.0 X 17000 0 0 Janet Teeter Director 1.0 0.0 X 16000 0 0 Jerome Sasala Director 1.0 0.0 X 21500 0 0 Matthew Whiting Allegheny Director 1.0 0.0 X 18000 0 0 Michael Filer Director 1.0 0.0 X 26500 0 0 Aaron Young Co-CEO, Tri-County REC 40.0 0.0 X 188669 0 84948 Eric McRoberts Director of Operations 40.0 0.0 X 143790 0 71002 Jennifer Pellett Director of Financial Services 40.0 0.0 X 128230 0 66122 Rachel Hauser Co-CEO, Tri-County REC 40.0 0.0 X 191033 0 83044 DEVIN GEISER Chief Lineman 52.0 0.0 X 158553 0 58761 JACOB DRAKE Journeyman Lineman 50.0 0.0 X 143681 0 56907 James Succowich Chief Lineman 49.0 0.0 X 150030 0 56011 Justin Earle Chief Lineman 49.7 0.0 X 143082 0 56555 THOMAS SEYMOUR Journeyman Lineman 49.0 0.0 X 140673 0 51711 1567991 0 585061 37 false true false Henkels & Mccoy 2268 Collection Center Dr Chicago IL 60693 Fiber Buildout 3018597 Patriot Tree Surgeons 1975 PA Route 309 Allentown PA 18104 ROW clearing 2444348 GrayBar 2268 Collection Center Dr Chicago IL 60693 Fiber Buildout 1843396 Manning Technology PO Box 616 Gainesboro TN 38562 Fiber Buildout 1779556 BNF Poweline 361 Brumbaugh Rd Roaring Spring PA 16673 Pole Setting 738450 9 1183410 1183410 SALES OF ELECTRIC ENERGY 221000 42247692 42247692 G&T CAPITAL CREDITS 221000 1440200 1440200 0 0 0 0 43687892 109748 109748 562814 0 562814 562814 562814 3717185 3650825 0 66360 66360 66360 0 24239 7572 16667 16667 PA GROSS RECEIPTS RECOVERY SURCHARGE 900099 66555 66555 CIRCUIT REVENUE 900099 18157 18157 MISCELLANEOUS INCOME 900099 2656 2656 0 0 0 0 87368 45714259 43687892 0 842957 1057516 1137088 15685 0 362756 6237694 6616990 COST OF ELECTRIC POWER 15414376 DISTRIBUTION EXPENSE 9376961 ADMINISTRATIVE & GENERAL 4151488 CONSUMER ACCOUNTS 764302 846254 45981110 570931 720749 907095 1042526 0 0 5613510 5237283 0 0 0 0 0 0 2466278 2481441 492085 162588 218237730 49216187 155155331 169021543 0 0 0 31142152 32644163 87384 71001 749231 639742 197183997 212021036 6320534 5417000 0 0 6235027 9383063 0 0 0 0 0 0 128626681 138868805 0 0 1923003 3457529 143105245 157126397 0 0 X 0 0 0 0 54078752 54894639 54078752 54894639 197183997 212021036 X -266851 1082738 X false true true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16346410 16346410 9532834 2334131 7198703 175518601 46882056 128636545 16839885 16839885 169021543 INVESTMENT IN ASSOCIATED ORGS 32644163 C 32644163 Federal Income Taxes POST RETIREMENT OBLIGATIONS 273390 DEFERRED CREDITS 2687441 LEASES 496698 DUE TO SUBSIDIARY 3457529 46526381 812122 812122 45714259 0 0 45714259 44923594 0 0 44923594 1057516 1057516 45981110 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 EQUITY IN EARNINGS OF SUBSIDIARY - 812122 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements PATRONAGE CAPITAL ASSIGNED - 1057516 X X X false false false Aaron Young Co-CEO, Tri-County REC 180553 0 5340 0 2776 0 53926 0 31022 0 273617 0 0 0 Rachel Hauser Co-CEO, Tri-County REC 180553 0 5340 0 5140 0 53926 0 29118 0 274077 0 0 0 Eric McRoberts Director of Operations 132604 0 5372 0 5814 0 39690 0 31312 0 214792 0 0 0 Jennifer Pellett Director of Financial Services 123642 0 4372 0 216 0 37029 0 29093 0 194352 0 0 0 Justin Earle Chief Lineman 142538 0 372 0 172 0 26723 0 29832 0 199637 0 0 0 James Succowich Chief Lineman 149218 0 372 0 440 0 26723 0 29288 0 206041 0 0 0 DEVIN GEISER Chief Lineman 158028 0 372 0 153 0 26723 0 32038 0 217314 0 0 0 JACOB DRAKE Journeyman Lineman 143170 0 372 0 139 0 24996 0 31911 0 200588 0 0 0 THOMAS SEYMOUR Journeyman Lineman 140161 0 372 0 140 0 24996 0 26715 0 192384 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders MEMBERS OF THE RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CEO AND CFO REVIEW THE FORM 990 AND THEN PROVIDE A COPY OF THE FORM 990 TO ALL BOARD MEMBERS EITHER ELECTRONICALLY OR IN A PAPER FORMAT PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. CONFLICTS THAT ARISE ARE SUMMARIZED AND PROVIDED TO BOARD MEMBERS BY MANAGEMENT SO THAT ANY ISSUES CAN BE RESOLVED. Form 990, Part VI, Line 15a Process to establish compensation of top management official AN OUTSIDE CONSULTANT PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. THE CEO'S SALARY IS INCLUDED IN AN AGREEMENT BETWEEN THE CEO, TRI-COUNTY, AND C & T ENTERPRISES, INC, A TAXABLE HOLDING COMPANY IN WHICH TRI-COUNTY OWNS 50%. Form 990, Part VI, Line 15b Process to establish compensation of other employees AN OUTSIDE CONSULTANT PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. THE CEO'S SALARY IS INCLUDED IN AN AGREEMENT BETWEEN THE CEO, TRI-COUNTY, AND C & T ENTERPRISES, INC, A TAXABLE HOLDING COMPANY IN WHICH TRI-COUNTY OWNS 50%. Form 990, Part VI, Line 19 Required documents available to the public COPY AVAILABLE AT MAIN OFFICE Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN UNCLAIMED CAPITAL CREDITS - -147998; RETIREMENT OF CAPITAL CREDITS - 234382; PATRONAGE CAPITAL RETIREMENT - -893976; PATRONAGE CAPITAL ASSIGNABLE - 1057516; EQUITY IN EARNINGS OF SUBSIDARY - 812122; OTHER COMPREHENSIVE INCOME - 20692; Total - 1082738; TRI-CO CONNECTIONS 22 NORTH MAIN STREET MANSFIELD PA 16933 830817578 BROADBAND PA 8186660 6999022 TRI-CO COOP