Tri-County Electric Cooperative Inc

Organization Overview

Tri-County Electric Cooperative Inc is located in Hooker, OK. The organization was established in 1955. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Tri-County Electric Cooperative Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Tri-County Electric Cooperative Inc generated $101.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $101.0m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Tri-County Electric Cooperative Inc has awarded 33 individual grants totaling $401,038. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 22,662 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$100,725,224
Investment income $69,817
Tax Exempt Bond Proceeds $0
Royalties $77,711
Net Rental Income $46,733
Net Gain/Loss on Asset Sales $78,794
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $100,998,279

Grants Awarded

Over the last fiscal year, Tri-County Electric Cooperative Inc has awarded $61,054 in support to 4 organizations.

Grant RecipientAmount

OKLAHOMA PANHANDLE STATE UNIVERSITY

PURPOSE: GENERAL FUNDING TO SUPPORT SCHOOL ACTIVITIES

$20,000

PANHANDLE STATE FOUNDATION

Org PageRecipient Profile

Goodwell, OK

PURPOSE: FUNDING OF SCHOLARSHIPS

$16,000

GUYMON PUBLIC SCHOOLS

PURPOSE: GENERAL FUNDING TO SUPPORT SCHOOL ACTIVITIES

$15,054

COOPERATIVE SYSTEM INTEGRITY FUND

Org PageRecipient Profile

Dulles, VA

PURPOSE: FUNDING OF INTEGRITY FUND

$10,000
View Grant Profile

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