2025-10-20T06:35:45-05:00 2024-12-31 363163136 LONDON WITTE GROUP LLC 1776 N MERIDIAN ST SUITE 500 INDIANAPOLIS IN 46202 990 2024-01-01 730539914 TRI-COUNTY ELECTRIC COOPERATIVE INC TRI- 5806522418 PO BOX 880 HOOKER OK 739450880 ZACHARY PERKINS CEO 5806522418 2025-10-20 1 1 EARL L RIDLEN P00987829 3176344747 2024 2025-03-06 01:10:19Z ZACHARY PERKINS PO BOX 880 HOOKER OK 739450880 103842748 0 X WWW.TRI-COUNTYELECTRIC.COOP X 1945 OK TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE. 9 9 111 0 47420 0 0 0 114511026 102164168 1785620 1529305 118389 140297 116415035 103833770 110454 125469 15390032 6896698 7172382 7369398 0 0 0 93742166 89442205 116415034 103833770 1 0 360987800 359179891 245978421 239466951 115009379 119712940 THE COOPERATIVE IS DEDICATED TO PROVIDING MEMBERS WITH SAFE AND RELIABLE ELECTRICAL SERVICE AT THE LOWEST PRACTICAL PRICE. WE ARE PROUD TO BE OWNED AND CONTROLLED BY THOSE WE SERVE AND ARE COMMITTED TO ENHANCING THE QUALITY OF LIFE FOR ALL OF OUR MEMBER-OWNERS. 0 0 103833770 125469 102257045 PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 22,822 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. 103833770 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 78 0 111 1 1 1 0 0 0 0 0 0 104757045 1576725 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 OK X ZACHARY PERKINS CEO 5806522418 PO BOX 880 HOOKER OK 739450880 RICHARD RADCLIFF PRESIDENT 7.21 X X 28832 0 0 SHAWN MARTINEZ VICE PRESIDENT 12.35 X X 25382 0 0 GAYLA JAMES SECRETARY 4.92 X X 26432 0 0 RANDY SCHREINER TRUSTEE 5.75 X 27682 0 0 RONNY WHITE TRUSTEE 5.44 X 31321 0 0 BEAU RAPP TRUSTEE 4.56 X 28832 0 0 KYLE HAWKINS TRUSTEE 2.17 X 28832 0 0 LARRY DUNN TRUSTEE 6.75 X 23382 0 0 MARVIN HEADRICK TRUSTEE 3.37 X 28832 0 0 ZACHARY PERKINS CHIEF EXECUTIVE OFFICER 40.00 X 329780 0 86968 TANYA DOWELL VICE PRESIDENT OF FINANCE & CFO 40.00 X 119124 0 48002 CHRIS PURDY ASSISTANT GENERAL MANAGER & CLO 40.00 X 219977 0 67758 LYLE MATHIS CHIEF OPERATIONS OFFICER 40.00 X 206168 0 102833 MICAH DAVIS VICE PRESIDENT OF ADMINISTRATIVE SERVICES 40.00 X 206277 0 59686 MATT TAYLOR SENIOR MANAGER OF OPERATIONS 40.00 X 161998 0 46858 RICKY WAYMAN PROJECT MANAGER 40.00 X 161151 0 68679 MANDY BREEDLOVE VICE PRESIDENT OF INFORMATION TECHNOLOGY 40.00 X 156690 0 55363 KYLE OSBORN SERVICE TECHNICIAN 40.00 X 140288 0 40818 WADE MORRISON RELAY, SCADA & SUBSTATION MANAGER 40.00 X 139619 0 58877 DAVID SHEET SERVICE TECHNICIAN 40.00 X 136146 0 59818 PORTALLES SANCHEZ SENIOR MANAGER OF ENGINEERING 40.00 X 129885 0 54159 2356630 0 749819 38 0 1 0 ANIXTER POWER SOLUTIONS LLC PO BOX 4851 ORLANDO FL 32802 MATERIALS PROVIDER 17576014 NEXTERA ENERGY CAPITAL HOLDINGS 201 E JOHN CARPENTER FREEWAY IRVING TX 75062 PURCHASED POWER 16011540 JCL POWER LLC 268 COOKS POINT DR BOYCE LA 71409 CONTRACTOR 7033140 ENEL GREEN POWER DIAMOND VISTA WIND PROJ 100 BRICKSTONE SQUARE SUITE 300 ANDOVER MA 01810 PURCHASED POWER 3882044 T AND R TOWER AND POWER LLC PO BOX 699 HUGOTON KS 67951 CONTRACTOR 2269610 36 SALES OF ELECTRICITY 221000 98634760 98634760 CAPITAL CREDITS 221000 3529408 3529408 102164168 1364604 1364604 44 44 92877 0 92877 92877 92877 173679 8978 164701 164701 164701 GRIDLIANCE 221000 47376 47376 47376 103833770 102257045 47420 1529305 125469 125469 6896698 6896698 583893 583893 6785505 6785505 84724 84724 1636545 1636545 398934 398934 11382390 11382390 10451993 10451993 PURCHASED POWER 57385113 57385113 OPERATION EXPENSE 4271308 4271308 MAINTENANCE EXPENSE 2896110 2896110 CONSUMER SERVICE & INFO 860903 860903 74185 74185 103833770 103833770 0 0 4243948 3442895 8042617 6313119 895508 854787 3574622 1711851 334847567 75049764 252481183 259797803 86650373 80839877 5099549 6219559 360987800 359179891 8526783 8145242 229577065 221261925 7874573 10059784 245978421 239466951 X 0 0 0 0 115009379 119712940 115009379 119712940 360987800 359179891 X 0 4703561 X X 0 1 X 1 1 1 3476639 3476639 32497012 13909538 18587474 298873916 61140226 237733690 259797803 INVESTMENT IN ASSOCIATED ORGANIZATIONS PATRONAGE CAPITAL 58038958 C INVESTMENT IN CAPITAL TERM CERTIFICATES 1959890 C OTHER INVESTMENTS 20841029 C 80839877 CUSTOMER DEPOSITS 462486 OTHER DEFERRED CREDITS 9597298 10059784 X 103833770 0 103833770 0 103833770 96937072 0 96937072 6896698 6896698 103833770 PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS - THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLE RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS.THE ACCOUNTING PRINCIPLE REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPLE DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE COOPERATIVE DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET MARGINS 6,896,698. 0 GUYMON PUBLIC SCHOOLS PO BOX 1307 GUYMON OK 73942 736021229 15000 0 N/A N/A GENERAL FUNDING TO SUPPORT SCHOOL ACTIVITIES PANHANDLE STATE FOUNDATION PO BOX 430 GOODWELL OK 73939 731019001 16000 0 N/A N/A FUNDING OF SCHOLARSHIPS 2 0 X X 1 1 X X X 0 0 0 ZACHARY PERKINS CHIEF EXECUTIVE OFFICER 294686 0 400 0 34694 0 55528 0 31440 0 416748 0 0 0 LYLE MATHIS CHIEF OPERATIONS OFFICER 185000 0 6875 0 14293 0 72102 0 30731 0 309001 0 0 0 CHRIS PURDY ASSISTANT GENERAL MANAGER & CLO 194800 0 7050 0 18127 0 50370 0 17388 0 287735 0 0 0 MICAH DAVIS VICE PRESIDENT OF ADMINISTRATIVE SER 180000 0 6700 0 19577 0 28992 0 30694 0 265963 0 0 0 RICKY WAYMAN PROJECT MANAGER 151725 0 5710 0 3716 0 52561 0 16118 0 229830 0 0 0 MANDY BREEDLOVE VICE PRESIDENT OF INFORMATION TECHNO 151850 0 4840 0 0 0 24871 0 30492 0 212053 0 0 0 MATT TAYLOR SENIOR MANAGER OF OPERATIONS 149104 0 400 0 12494 0 16424 0 30434 0 208856 0 0 0 WADE MORRISON RELAY, SCADA & SUBSTATION MANAGER 138330 0 400 0 889 0 28515 0 30362 0 198496 0 0 0 DAVID SHEET SERVICE TECHNICIAN 130556 0 400 0 5190 0 29695 0 30123 0 195964 0 0 0 PORTALLES SANCHEZ SENIOR MANAGER OF ENGINEERING 124834 0 400 0 4651 0 23920 0 30239 0 184044 0 0 0 KYLE OSBORN SERVICE TECHNICIAN 139888 0 400 0 0 0 10674 0 30144 0 181106 0 0 0 TANYA DOWELL VICE PRESIDENT OF FINANCE & CFO 118724 0 400 0 0 0 17879 0 30123 0 167126 0 0 0 SHAWN MARTINEZ SEE PART V 37145243 PURCHASE POWER PAYMENT 0 ZACHARY PERKINS SEE PART V 37145243 PURCHASE POWER PAYMENT 0 RONNY WHITE SEE PART V 135858 DUES 0 LARRY DUNN SEE PART V 12220 MONTHLY ASSESSMENTS 0 FORM 990, SCHEDULE L, PART IV, LINE 1, COLUMN B DIRECTOR MARTINEZ IS A DIRECTOR OF GOLDEN SPREAD, TRI-COUNTY ELECTRIC COOPERATIVE'S G&T PROVIDER. FORM 990, SCHEDULE L, PART IV, LINE 2, COLUMN B CEO ZACHARY PERKINS IS A DIRECTOR OF GOLDEN SPREAD, TRI-COUNTY ELECTRIC COOPERATIVE'S G&T PROVIDER. FORM 990, SCHEDULE L, PART IV, LINE 3, COLUMN B DIRECTOR WHITE IS A DIRECTOR OF OAEC, TRI-COUNTY ELECTRIC COOPERATIVE'S STATEWIDE ORGANIZATION. FORM 990, SCHEDULE L, PART IV, LINE 4, COLUMN B DIRECTOR DUNN IS A DIRECTOR OF KANSAS ELECTRIC COOPERATIVES, INC., THE KANSAS COOPERATIVES' STATEWIDE ORGANIZATION. TCEC SERVES TERRITORY IN KANSAS. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT A COST ON A COOPERATIVE BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF TRUSTEES. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS PER DISTRICT. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE: 1.) DISSOLUTION/LIQUIDATION OF THE COOPERATIVE 2.) MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION 3.) THE DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED INTERNALLY BY MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COOPERATIVE'S LEGAL COUNSEL MUST ANNUALLY REVIEW THIS POLICY WITH ALL OFFICIALS. THE MINUTES OF ALL BOARD MEETINGS SHOULD RECORD ALL DISCLOSURE, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THIS POLICY. EACH OFFICIAL MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ATTACHED TO THIS POLICY AND DELIVER THE COMPLETED AND SIGNED FORM TO THE PRESIDENT OR CEO. IF AN OFFICIAL DISCOVERS ANY INFORMATION OR FACT THAT COULD IMPACT ANOTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN THE OFFICIAL MUST DISCLOSE THE INFORMATION OR FACT TO THE PRESIDENT OR CEO IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEE'S BENEFITS COMMITTEE DETERMINED THE COMPENSATION OF THE COOPERATIVE'S EMPLOYEES MEETING THE DEFINITION OF OFFICER AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: RATE STABILIZATION -2,500,000. PATRONAGE CAPITAL RETIRED -2,187,128. VOIDED RETIREMENTS, NET -6,009. NET MARGINS 9,396,698. FORM 990, PART XII, LINCE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART VI, LINE 6 THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS.