Civic Intelligence

Tri-County Electric Trust

990EZ • Fiscal year 2020 • EIN 20-5550322

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 21, 2021

PO Box 217Saint Matthews, SC 29135

(803) 874-1215

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

37th percentile

-2.1%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-5.8%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

32%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$43,724

Down $2,712 (-5.8%) from 2019

Net Assets

Down

$43,724

Down $2,712 (-5.8%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$129,651

Up $31,392 (+32%) from 2019

Expenses

Up

$132,363

Up $30,471 (+30%) from 2019

Net Income

Up

-$2,712

Up $921 (+25%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2011: $35,314Liabilities 2011: $02011Assets 2012: $30,505Liabilities 2012: $02012Assets 2013: $30,113Liabilities 2013: $02013Assets 2014: $23,834Liabilities 2014: $02014Assets 2015: $27,975Liabilities 2015: $02015Assets 2016: $38,429Liabilities 2016: $02016Assets 2017: $31,844Liabilities 2017: $02017Assets 2018: $50,069Liabilities 2018: $02018Assets 2019: $46,436Net Assets 2019: $46,4362019Assets 2020: $43,724Net Assets 2020: $43,7242020Assets 2021: $32,668Net Assets 2021: $32,6682021Assets 2022: $45,856Net Assets 2022: $45,8562022Assets 2023: $50,702Net Assets 2023: $50,7022023Assets 2024: $31,462Liabilities 2024: $2,200Net Assets 2024: $29,2622024

Highlighted filing

2020

Assets$43,724
Liabilities-
Net Assets$43,724

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $103,923Expenses 2011: $100,866Net Income 2011: $3,0572011Revenue 2012: $106,253Expenses 2012: $111,062Net Income 2012: -$4,8092012Revenue 2013: $103,981Expenses 2013: $104,373Net Income 2013: -$3922013Revenue 2014: $104,519Expenses 2014: $110,798Net Income 2014: -$6,2792014Revenue 2015: $102,070Expenses 2015: $97,929Net Income 2015: $4,1412015Revenue 2016: $109,285Expenses 2016: $98,831Net Income 2016: $10,4542016Revenue 2017: $95,820Expenses 2017: $102,405Net Income 2017: -$6,5852017Revenue 2018: $111,256Expenses 2018: $93,031Net Income 2018: $18,2252018Revenue 2019: $98,259Expenses 2019: $101,892Net Income 2019: -$3,6332019Revenue 2020: $129,651Expenses 2020: $132,363Net Income 2020: -$2,7122020Revenue 2021: $96,591Expenses 2021: $107,647Net Income 2021: -$11,0562021Revenue 2022: $87,330Expenses 2022: $74,142Net Income 2022: $13,1882022Revenue 2023: $122,863Expenses 2023: $118,017Net Income 2023: $4,8462023Revenue 2024: $98,750Expenses 2024: $120,190Net Income 2024: -$21,4402024

Highlighted filing

2020

Revenue$129,651
Expenses$132,363
Net Income-$2,712
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 21, 2021
Return Version
2020v4.0
Gross Receipts
$129,651
Mission and Program Overview

Mission

CHARITABLE DISBURSEMENTS

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF TRI-COUNTY ECI.$132,073$132,363
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHAD LOWDERChair-$0--
VERTELLE JAMISONVice Chair-$0--
LASHAUN BRAWLEYSecretary-$0--
DONNA PHILLIPSTreasurer-$0--
ROBERT JEFFCOATDirector-$0--
JOSEPHINE SUMTERDirector-$0--
WANDA ABRAHAMDirector-$0--
CLIFF MYERSDirector-$0--
WILLIAM BULLDirector-$0--
CHARLENE LEWISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tri-county Electric Trust
EIN
20-5550322
Phone
8038741215
Address
PO BOX 217, SAINT MATTHEWS, SC 29135

Signing Officer

Name
Chad Lowder
Title
Chair
Phone
8038741215
Signed
2021-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
Jason a Peacock
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990-ez

Https://www.tri-countyelectric.net/operation-round

Form 990-ez, Part I, Line 10

Cash contribution: 113,883

Form 990-ez, Part I, Line 10

Name: fortmotte volunteer fire department address: st matthews, sc 29135 st. Matthews, sc 29135 cash contribution: 5,250

Form 990-ez, Part I, Line 16

Expenses admin & general 290 total 290

Form 990-ez, Part II, Line 24

Accounts receivable 12,328 10,901 total 12,328 10,901

Form 990-ez, Part III

The trust receives in-kind donations of labor and related expenses from tri-county electric cooperative inc, an affiliate of the trust. Donations in-kind totaled 6,483 and 4,688 for the years ended december 31, 2020 and 2019, respectively. Based on the form's instructions, these donations are not included in income or expenses for the purposes of form 990-ez.

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHAD LOWDER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT JEFFCOAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOSEPHINE SUMTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WANDA ABRAHAM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012328
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010901
IRS990EZ/OtherExpensesTotalAmt0290
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HTTPS://WWW.TRI-COUNTYELECTRIC.NET/OPERATION-ROUND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 113,883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NAME: FORTMOTTE VOLUNTEER FIRE DEPARTMENT ADDRESS: ST MATTHEWS, SC 29135 ST. MATTHEWS, SC 29135 CASH CONTRIBUTION: 5,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSES ADMIN & GENERAL 290 TOTAL 290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS RECEIVABLE 12,328 10,901 TOTAL 12,328 10,901
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TRUST RECEIVES IN-KIND DONATIONS OF LABOR AND RELATED EXPENSES FROM TRI-COUNTY ELECTRIC COOPERATIVE INC, AN AFFILIATE OF THE TRUST. DONATIONS IN-KIND TOTALED 6,483 AND 4,688 FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, RESPECTIVELY. BASED ON THE FORM'S INSTRUCTIONS, THESE DONATIONS ARE NOT INCLUDED IN INCOME OR EXPENSES FOR THE PURPOSES OF FORM 990-EZ.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD LOWDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08038741215
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRI-COUNTY ELECTRIC TRUST
ReturnHeader/Filer/BusinessNameControlTxt0TRI-
ReturnHeader/Filer/EIN0205550322
ReturnHeader/Filer/PhoneNum08038741215
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ReturnHeader/Filer/USAddress/ZIPCd029135
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581094351
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POST OFFICE BOX ONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0312020001
ReturnHeader/PreparerPersonGrp/PhoneNum04787466277
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON A PEACOCK
ReturnHeader/ReturnTs02021-04-21T13:04:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHAD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOWDER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings