2026-09-14T08:35:22-05:00 2026-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2025-07-01 620459672 TRI-STATE ELECTRIC MEMBERSHIP CORP TRI- 7064923251 PO BOX 68 MCCAYSVILLE GA 30555 STACY CHASTAIN GENERAL MANAGER 7064923251 2026-09-14 1 KIM HUSKEY CPA P00958962 4237567771 2026-09-11 2025 STACY CHASTAIN PO BOX 68 MCCAYSVILLE GA 30555 50915009 0 X WWW.TSEMC.NET X 1971 TN TO PROVIDE ELECTRIC ENERGY TO RURAL AREAS. 7 7 46 0 0 0 0 0 48046634 49809140 291843 262409 768774 837962 49107251 50909511 0 0 0 0 5580804 5631627 0 0 0 41743312 42835297 47324116 48466924 1783135 2442587 72560966 74333272 35502631 35564330 37058335 38768942 TO PROVIDE ELECTRIC ENERGY TO RURAL AREAS. 0 0 48466924 49809683 PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 22,233 CUSTOMERS. 48466924 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 46 1 0 0 0 0 0 49809140 837419 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MR STACY CHASTAIN GENERAL MANAGER 7064923251 PO BOX 68 MCCAYSVILLE GA 30555 JERRY PACK PRESIDENT 10.00 X X 2575 0 28695 JESSE MILLER VICE PRESIDENT 5.00 X X 2275 0 39726 JIM QUINTRELL SECRETARY/TREASURER 5.00 X X 2275 0 15247 BILL JOE POSTELL DIRECTOR 5.00 X 2275 0 15236 WILLIAM BARKER DIRECTOR 5.00 X 2275 0 15247 LISA FIELDS DIRECTOR 5.00 X 2275 0 15247 DANIEL MCNABB DIRECTOR 5.00 X 2275 0 15215 STACY CHASTAIN GENERAL MANAGER 40.00 X 202325 0 94671 CHARLES THOMAS OPERATIONS MANAGER 40.00 X 155269 0 67186 MICHAEL PACK SUBSTATION TECHNICIAN 40.00 X 156924 0 54843 DARRELL MOORE LINE FOREMAN 40.00 X 150119 0 62998 RODNEY PATTERSON LINE FOREMAN 40.00 X 149947 0 69448 TYLER WATKINS LINE TECHNICIAN 40.00 X 142173 0 59196 972982 0 552955 6 0 1 0 REAL TREE CORPORATION 154 STANSBURY MOUNTAIN RD COPPERHILL TN 37317 RIGHT OF WAY SERVICE 4037552 PETTY LINE CONSTRUCTION CO 2610 LAY DAM RD CLANTON AL 35045 LINE CONSTRUCTION 653373 PROGRESSIVE SOLUTIONS LLC PO BOX 1130 MARSHALL AL 72650 ROW SPRAYING 113273 3 ENERGY SALES 221000 49738154 49738154 SERVICE SALES 221000 70986 70986 49809140 262409 262409 837419 0 837419 837419 837419 6041 5498 543 543 50909511 49809683 0 1099828 972982 4052672 305849 300124 12925 47551 120190 249691 14891 1253646 2575285 74867 COST OF POWER 31850833 DISTRIBUTION 7874434 CUSTOMER ACCOUNTS 1451175 OUTSIDE SERVICES 288503 -2978694 48466924 6613362 7389421 2160148 2232491 1297596 1372761 2169699 1937423 338302 293963 97982912 37843354 59054194 60139558 927665 967655 72560966 74333272 4454774 4849347 26577452 25371122 4470405 5343861 35502631 35564330 X 83460 84980 0 0 36974875 38683962 37058335 38768942 72560966 74333272 X 2442587 -731980 X X 0 1 X 1 0 42419 42419 2858711 1534992 1323719 93780615 36308362 57472253 1301167 1301167 60139558 CUSTOMER DEPOSITS 2267227 HEAT PUMP LOANS 873206 POSTRETIREMENT BENEFITS 2203428 5343861 X 50909511 0 50909511 0 50909511 48466924 0 48466924 0 48466924 PART X, LINE 2: THE CORPORATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. THE CORPORATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE CORPORATION'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2023 THROUGH JUNE 30, 2026, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS JUNE 30, 2026. SCHEDULE D PART VI, LINE 1E THE AMOUNT OF $1,301,167 IS MADE UP OF CONSTRUCTION WORK IN PROGRESS. X 0 0 0 STACY CHASTAIN GENERAL MANAGER 202325 0 0 0 0 0 50915 0 43756 0 296996 0 0 0 CHARLES THOMAS OPERATIONS MANAGER 155269 0 0 0 0 0 32150 0 35036 0 222455 0 0 0 RODNEY PATTERSON LINE FOREMAN 149947 0 0 0 0 0 26772 0 42676 0 219395 0 0 0 DARRELL MOORE LINE FOREMAN 150119 0 0 0 0 0 26772 0 36226 0 213117 0 0 0 MICHAEL PACK SUBSTATION TECHNICIAN 156924 0 0 0 0 0 26772 0 28071 0 211767 0 0 0 TYLER WATKINS LINE TECHNICIAN 142173 0 0 0 0 0 22664 0 36532 0 201369 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 TO RECEIVE POWER FROM TRI-STATE EMC, A CUSTOMER MUST FIRST PAY A MEMBERSHIP FEE OF $5.00. TRI-STATE EMC HAS 22,233 CUSTOMERS WHO ARE ALL MEMBERS. EACH MEMBER IS ENTITLED TO PARTICIPATE IN THE ANNUAL ELECTION OF THE BOARD OF DIRECTORS, WHO IS CHARGED WITH THE RESPONSIBILITY OF FORMULATING THE GENERAL POLICIES OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS OF TSEMC THROUGH A DEMOCRATIC PROCESS. FORM 990, PART VI, SECTION B, LINE 11B TSEMC'S INDEPENDENT CPA WILL GO OVER THE 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANYTHING THAT IS DEEMED A CONFLICT OF INTEREST IN THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS YEARLY. THE BOARD ALSO DETERMINES THE COMPENSATION FOR MANAGEMENT ON A YEARLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 TRI-STATE EMC MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO ALL OF ITS MEMBERS. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN CAPITAL STOCK 1,520. CHANGE IN APBO -733,500. FORM 990, PART XII, LINE 2C: THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. THE BOARD OF DIRECTORS IS IN CHARGE OF THE OVERSIGHT OF THE AUDIT.