TRI-COUNTY RURAL ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TRI-COUNTY RURAL ELECTRIC COOPERATIVE INC (EIN 24-0744667)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-06-08
- IRS object ID
- 201211609349300131
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-06-08T15:51:31-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161117932 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUFFAMANTE WHIPPLE BUTTAFARO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 WEST THIRD STREET | AddressLine1 |
| City | JAMESTOWN | City |
| State | NY | State |
| ZIP Code | 14701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 240744667 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRI-COUNTY ELECTRIC COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TRI- | NameControl |
| Phone | 5706622175 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 MAIN STREET | AddressLine1 |
| City | MANSFIELD | City |
| State | PA | State |
| ZIP Code | 16933 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CRAIG ECCHER | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 5706622175 | Phone |
| Date Signed | 2012-06-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID V DITANNA CPA | Name |
| PTIN | P01368498 | PTIN |
| Phone | 7166645104 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CRAIG ECCHER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 MAIN STREET | AddressLine1 |
| City | MANSFIELD | City |
| State | PA | State |
| ZIP Code | 16933 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26077969 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| All Affiliates Included | 1 | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | WWW.TRI-COUNTYREC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | PROVISION OF ELECTRICITY ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 54 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 47959 | InvestmentIncomePriorYear |
| Investment Income Current Year | 46859 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 12969100 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13963520 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13017059 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14010379 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 296826 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 348455 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11846643 | OtherExpensePriorYear |
| Other Expenses Current Year | 11905046 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12143469 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12253501 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 873590 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1756878 | RevenuesLessExpensesCY |
| Total Assets BOY | 73644372 | TotalAssetsBOY |
| Total Assets EOY | 77460643 | TotalAssetsEOY |
| Total Liabilities BOY | 54307703 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 56456689 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 19336669 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 21003954 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PROVISION OF ELECTRICITY, ON A COOPERATIVE BASIS, TO MEMBERS IN RURAL PA | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | PROVISION OF ELECTRICITY ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROVISION OF ELECTRICITY ON A COOPERATIVE BASIS TO RURAL CONSUMERS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 50 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 54 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Gross Income From Members | 24075030 | GrossIncomeFromMembers |
| Gross Income Other Sources | 2085244 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARBARA JOHNSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5706622175 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 MAIN STREET | AddressLine1 |
| City | MANSFIELD | City |
| State | PA | State |
| ZIP Code | 16933 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DONALD BLACKWELL | |||||||
| DIRECTOR | 4.00 | X | 3600 | 0 | 0 | ||
| ALFRED CALKINS | |||||||
| DIRECTOR | 4.00 | X | 9450 | 0 | 0 | ||
| JAMES DAVIS | |||||||
| DIRECTOR | 4.00 | X | 4725 | 0 | 0 | X | |
| BARBARA SEELEY | |||||||
| CHAIRMAN | 4.00 | X | 7875 | 0 | 0 | X | |
| ALSTON TEETER | |||||||
| TREASURER & SECRETARY | 4.00 | X | 6750 | 0 | 0 | X | |
| NICHOLAS REITTER | |||||||
| VICE CHAIRMAN | 4.00 | X | 7425 | 0 | 0 | ||
| GERALD A KITE | |||||||
| DIRECTOR | 4.00 | X | 9000 | 0 | 0 | ||
| FRED IRISH | |||||||
| DIRECTOR | 4.00 | X | 5850 | 0 | 0 | ||
| LOWELL GEISER | |||||||
| DIRECTOR | 4.00 | X | 9225 | 0 | 0 | ||
| CRAIG ECCHER | |||||||
| PRESIDENT & CEO | 40.00 | 89317 | 0 | 42074 | X | ||
| BARBARA JOHNSON | |||||||
| DIRECTOR OF FINANCE | 40.00 | 84633 | 0 | 42414 | X | ||
| JOHN LYKENS | |||||||
| ENGINEERING DIRECT | 40.00 | 110605 | 0 | 51164 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 348455 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 135652 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LEWIS TREE SERVICE | |||||
| PO BOX 8000 | BUFFALO | NY | 14267 | TREE TRIMMING | 722183 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 532729 | ATLANTA | GA | 30353 | TREE TRIMMING | 475270 |
| BNF CONSTRUCTION | |||||
| 261 TRAIL 353 | ROARING SPRINGS | PA | 16673 | CONSTRUCTION | 135985 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46859 | TotalRevenueColumn |
| Exclusion | $46,859 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 24075030 | GrossSalesOfInventory |
| Cost Of Goods Sold | 12067590 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12007440 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12007440 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| PATRONAGE CAPITAL | 221000 | 1107523 | $1,107,523 | |
| EQUITY IN EARNINGS OF | 221000 | 531779 | 531779 | |
| POLE ATTACHMENT REVENU | 221000 | 287532 | 287532 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29246 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29246 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1956080 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14010379 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12855997 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,154,382 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 348455 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2847993 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2226731 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| DISTRIBUTION MAINTENANC | 2838033 |
| DISTRIBUTION OPERATIONS | 1481297 |
| ADMINISTRATION AND GEN | 1225807 |
| CONSUMER ACCOUNTS | 848041 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 437144 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12253501 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 848539 | BOY |
| EOY | 1391058 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3436303 | BOY |
| EOY | 3551441 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 632950 | BOY |
| EOY | 851106 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51782 | BOY |
| EOY | 55883 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 84812736 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 27036598 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56037998 | BOY |
| EOY | 57776138 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11856289 | BOY |
| EOY | 13092431 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 780511 | BOY |
| EOY | 742586 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73644372 | BOY |
| EOY | 77460643 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2669481 | BOY |
| EOY | 2968412 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49019080 | BOY |
| EOY | 51102645 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2619142 | BOY |
| EOY | 2385632 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54307703 | BOY |
| EOY | 56456689 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94575 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19242094 | BOY |
| EOY | 21003954 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19336669 | BOY |
| EOY | 21003954 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73644372 | BOY |
| EOY | 77460643 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1756878 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -89593 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 58674 | InvestmentCostOrOtherBasis |
| Depreciation | 23469 | Depreciation |
| Book Value | 35205 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 84141582 | OtherCostOrOtherBasis |
| Depreciation | 27013129 | Depreciation |
| Book Value | 57128453 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 612480 | OtherCostOrOtherBasis |
| Book Value | 612480 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 57776138 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN ASSOCIATED ORGANIZATIONS | Description |
| Book Value | 13092431 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 13092431 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED CREDITS | $112,082 |
| ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION | $2,123,550 |
| ACCUMULATED PROVISION FOR STORMS | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2385632 | TotalOfAmounts |
| Total Revenue | 14010379 | TotalRevenue |
| Total Expenses | 12253501 | TotalExpenses |
| Excess Or Deficit For Year | 1756878 | ExcessOrDeficitForYear |
| Other | -$89,593 | OtherAmount |
| Total Adjustments | -89593 | TotalAdjustments |
| Excess Or Deficit Per FS | 1667285 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 26077969 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 12067590 | OtherRevenues |
| Revenue Not Rptd F990 | 12067590 | RevenueNotRptdF990 |
| Revenue Subtotal | 14010379 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14010379 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 24321091 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 12067590 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 12067590 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12253501 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12253501 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | RETIREMENT OF CAPITAL CREDITS -2,231. MEMBERSHIP FEE CANCELLED -94,575. CURRENT & PRIOR YEAR ESCHEATS 7,213. TOTAL TO SCHEDULE D, PART XI, LINE 8: -89,593. |
| PART XII, LINE 2D - COST OF POWER PART XIII, LINE 2D - COST OF POWER PART X, LINE 2 - THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2008 AND LATER YEARS. RECONCILIATION ON PART XI LINE 5 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN LYKENS | NamePerson |
| Base Compensation Filing Org | 110605 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 34211 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 16953 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 161769 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (6 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JAMES DAVIS | |||
| DIRECTOR | 12067590 | PURCHASE OF ELECTRIC POWER | 0 |
| CRAIG ECCHER | |||
| CEO AND PRESIDENT | 2771145 | MGMT SVCS-C&T ENTERPRISES | 0 |
| DONALD BLACKWELL | |||
| DIRECTOR | 2771145 | MGMT SVCS-C&T ENTERPRISES | 0 |
| ALFRED CALKINS | |||
| DIRECTOR | 2771145 | MGMT SVCS-C&T ENTERPRISES | 0 |
| ALSTON TEETER | |||
| DIRECTOR | 2771145 | MGMT SVCS-C&T ENTERPRISES | 0 |
| BARBARA SEELEY | |||
| DIRECTOR | 2771145 | MGMT SVCS-C&T ENTERPRISES | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | LINE 3 EXPLANATION - TRI-COUNTY RURAL ELECTRIC COOPERATIVE, INC. IS A PARTY TO A MANAGEMENT SERVICES CONTRACT WITH C&T ENTERPRISES, INC. C&T ENTERPRISES IS A FOR-PROFIT HOLDING COMPANY WHICH IS OWNED BY TRI-COUNTY RURAL ELECTRIC COOPERATIVE, INC. AND CLAVERACK RURAL ELECTRIC COOPERATIVE. TRI-COUNTY AND CLAVERACK EACH OWN 50% OF THE STOCK OF C&T ENTERPRISES. UNDER THE TERMS OF THE CONTRACT, C&T ASSIGNS EMPLOYEES TO TRI-COUNTY AND PROVIDES ALL PAYROLL AND RELATED SERVICES. C&T ALSO ADMINSTERS THE PAYROLL AND BENEFITS OF THE TRI-COUNTY PRESIDENT AND CEO. | |
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - MEMBERS OF THE RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY | |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE | |
| FORM 990, PART VI, SECTION B, LINE 11 | LINE 11A EXPLANATION - A COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS EITHER ELECTRONICALLY OR IN A PAPER FORMAT. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. CONFLICTS ARE SUMMARIZED AND PROVIDED TO BOARD MEMBERS BY MANAGEMENT SO THAT ANY ISSUES CAN BE RESOLVED. | |
| FORM 990, PART VI, SECTION B, LINE 15 | 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%. THE CEO AND PRESIDENT OF TRI-COUNTY ALSO SERVES AS THE CEO AND PRESIDENT OF WELLSBORO ELECTRIC COMPANY, A SUBSIDIARY OF C&T ENTERPRISES. THE CEO AND PRESIDENT HAS A SIMILAR AGREEMENT BETWEEN WELLSBORO AND C&T ENTERPRISES. | |
| FORM 990, PART VI, SECTION C, LINE 18 | COPY AVAILABLE AT MAIN OFFICE | |
| FORM 990, PART VI, SECTION C, LINE 19 | COPY AVAILABLE AT MAIN OFFICE | |
| FORM 990, PART XI, LINE 5: | RETIREMENT OF CAPITAL CREDITS -2,231. MEMBERSHIP FEE CANCELLED -94,575. CURRENT & PRIOR YEAR ESCHEATS 7,213. TOTAL TO FORM 990, PART XI, LINE 5: -89,593. | CHANGES IN NET ASSETS OR FUND BALANCES: |