NonprofitsTri-County Electric Cooperative Inc

Tri-County Electric Cooperative Inc

ST MATTHEWS, SC

Total revenue

$60.5M

Total expenses

$58.2M

Net assets

$43.3M

Grants received

$207K

2 grants

EIN

570263136

Tax year

2024

Mission

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.

Programs

1 program

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$59.7M
Investment income$789K
Other revenue
Total revenue$60.5M

Expenses

Grants paid
Salaries & benefits$560K
Fundraising
Other expenses$52.7M
Total expenses$58.2M
Total assets$178.7M
Net assets$43.3M

People

15 listed

NameRoleCompensation

CHAD LOWDER

CEO

Board

$260K

50 hrs/wk

IDA L DIXON

PRESIDENT

Board

$19K

5 hrs/wk

WILLIAM ROBINSON

TRUSTEE

Board

$19K

5 hrs/wk

JAMES R DANTZLER

TRUSTEE

Board

$19K

5 hrs/wk

WILLIE E JEFFRIES

TRUSTEE

Board

$19K

5 hrs/wk

BARBARA WESTON

VICE PRESIDE

Board

$19K

5 hrs/wk

JOE STRICKLAND JR

TRUSTEE

Board

$19K

5 hrs/wk

JACQUELINE S SHAW

SECRETARY

Board

$19K

5 hrs/wk

GEORGE WILSON

TRUSTEE

Board

$19K

5 hrs/wk

GARY F GEIGER

TREASURER

Board

$18K

5 hrs/wk

JERRELL FURTICK

COO

Staff

$190K

50 hrs/wk

CHRISTINA TURNAGE

VP OF FINANC

Staff

$169K

50 hrs/wk

SEAN ARSENAULT

VP TECH/TRIC

Staff

$140K

50 hrs/wk

JOHN ARANT

CONTRACT SUP

Staff

$119K

50 hrs/wk

RYAN JONES

CREW LEADER

Staff

$113K

50 hrs/wk

Independent contractors

SUMTER UTILITIES INC

CONSTRUCTION

$1.6M

BROTHERS TREE COMPANY INC

RIGHT OF WAY

$1.3M

R&S COMMUNICATIONS

FIBER INSTALL

$1.1M

XYLEM TREE EXPERTS

RIGHT OF WAY

$869K

MERIDIAN COOPERATIVE INC

SOFTWARE

$582K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$187K
ECONOMIC DEVELOPMENT
2024
$20K
ECONOMIC DEVELOPMENT
2022

Funded by

$207K from 1 funder · 2 grants · 2022–2024

Central Electric Power Cooperative Inc

$207K · 2 grants · 2022–2024

Details

EIN570263136
Subsection12
Ruling date1942-03
Formed1940
Employees65
TRI-COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo