#335 of 500 · Member & Benefit Funds

Tri-County Electric Cooperative Inc

EIN 75-0619960 · TX · NTEE n/a · Form 990, fiscal 2023

A member-owned, not-for-profit electric distribution cooperative headquartered in Texas, founded in 1940 to bring electricity to rural areas not served by private utilities. It provides electricity and related energy services to member-consumers across a multi-county service territory, and, like other cooperatives, is governed democratically by its members and follows the seven cooperative principles, including concern for community.

Financials, fiscal 2023

Revenue

$454.0M

Expenses

$454.3M

Total assets

$1.45B

Net assets

$439.5M

Operating margin

-0.1%

1-year growth

4.2%

5-year growth (CAGR)

14.0%

Reserve (years of spending)

11.6

Contributions share

n/a

Programme spending

98.6%

Fundraising cost

n/a

Executive pay share

0.65%

Employees

344

Revenue per employee

$1.3M

Grants paid

$42K

Years filing

82

NFP Health Score: 68 / 100

Financial 54 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide cost-effective, reliable electricity and energy services in a safe, efficient way through dedicated commitment to our members.

Revenue history