NonprofitsTri-County Electric Cooperative Inc

Tri-County Electric Cooperative Inc

MADISON, FL

Total revenue

$59.2M

Total expenses

$60.0M

Net assets

$47.2M

Grants received

EIN

590485704

Tax year

2024

Mission

Provide quality-safe-affordable electric service powered by members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$58.6M
Investment income$61K
Other revenue$610K
Total revenue$59.2M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$53.8M
Total expenses$60.0M
Total assets$273.5M
Net assets$47.2M

People

19 listed

NameRoleCompensation

H JULIUS HACKETT

CHIEF EXECUTIVE OFFICER

Board

$313K

40 hrs/wk

JEFF BREWER

VP ENGINEERING

Board

$165K

40 hrs/wk

JOHN TUTEN

VP OPERATIONS

Board

$151K

40 hrs/wk

WENDELL WILLIAMS

VP FINANCE

Board

$150K

40 hrs/wk

EILEEN HERNDON

VP CORPORATE SVCS

Board

$139K

40 hrs/wk

GEORGE WEBB

SECRETARY/TREASURER

Board

$6K

3 hrs/wk

BENJAMIN WHITE

TRUSTEE

Board

$6K

3 hrs/wk

ANN HERRING

TRUSTEE

Board

$6K

3 hrs/wk

DONNIE WALDREP

VICE PRESIDENT

Board

$5K

3 hrs/wk

JUNIOR SMITH

TRUSTEE

Board

$4K

3 hrs/wk

JOHN CRUCE

TRUSTEE

Board

$4K

3 hrs/wk

CATHERINE BETHEA

TRUSTEE

Board

$4K

3 hrs/wk

BOBBY DODD

PRESIDENT

Board

$3K

3 hrs/wk

JOHNNY EDWARDS

TRUSTEE

Board

$2K

3 hrs/wk

JOHN NASH

COOPERATIVE FOREMAN

Staff

$155K

40 hrs/wk

MICHAEL S HENDERSON

DISTRICT CREW LEADER

Staff

$132K

40 hrs/wk

TONY STEPHENSON

CREW LEADER

Staff

$132K

40 hrs/wk

CODY HOLDEN

CREW LEADER

Staff

$131K

40 hrs/wk

DERRICK CALHOUN

IT DIRECTOR

Staff

$126K

40 hrs/wk

Independent contractors

BIGHAM CABLE CONSTRUCTION INC

MAIN LINE FIBER INSTALLATION

$12.3M

CONEXON LLC

FIBER PROJECT MANAGEMENT

$5.6M

STORM SERVICES LLC

STORM RESTORATION

$5.3M

BRYANT TREE SERVICE

RIGHT-OF-WAY CLEARING

$4.4M

ENTERSOURCE

FIBER-TO-THE HOME

$3.1M

Details

EIN590485704
Subsection12
Ruling date1942-04
Formed1941
Employees69
Volunteers0
TRI-COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo