Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
990 • Fiscal year 2013 • EIN 56-0432086
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
43rd percentile
Higher top officer pay than 43% of similar nonprofits.
Top officer pay equals 1.1% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Assets
Down$76,324,243
Down $249,497 (-0.3%) from 2012
Net Assets
Up$25,430,848
Up $1,360,674 (+5.7%) from 2012
Liabilities
Down$50,893,395
Down $1,610,171 (-3.1%) from 2012
Revenue
Up$17,526,983
Up $17,422 (+0.1%) from 2012
Expenses
Up$16,701,054
Up $629,307 (+3.9%) from 2012
Net Income
Down$825,929
Down $611,885 (-43%) from 2012
Tri-county electric membership corporation is a member-driven cooperative committed to safely provide reliable electric power, offer superior service, take an active role in supporting the communities it serves
Electric Cooperative providing electricity to its membership.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $62,965,947 | $64,318,495 | ▲ $1,352,548 |
| Rtn Earn Endowment Incm Other Fnds | $24,070,174 | $25,430,848 | ▲ $1,360,674 |
| Accounts Receivable | $6,689,902 | $6,280,402 | ▼ $409,500 |
| Cash and Non-Interest-Bearing Accounts | $3,567,051 | $2,331,475 | ▼ $1,235,576 |
| Investments Program Related | $1,926,183 | $2,001,932 | ▲ $75,749 |
| Inventories for Sale or Use | $533,715 | $466,271 | ▼ $67,444 |
| Prepaid Expenses and Deferred Charges | $142,212 | $147,026 | ▲ $4,814 |
| Total Assets | $76,573,740 | $76,324,243 | ▼ $249,497 |
| Other Assets Total | $748,730 | $778,642 | ▲ $29,912 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $38,571,760 | $37,679,680 | ▼ $892,080 |
| Unsecured Notes Loans Payable | $6,722,098 | $6,175,645 | ▼ $546,453 |
| Accounts Payable and Accrued Expenses | $4,222,564 | $4,084,865 | ▼ $137,699 |
| Other Liabilities | $2,987,144 | $2,953,205 | ▼ $33,939 |
| Total Liabilities | $52,503,566 | $50,893,395 | ▼ $1,610,171 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $24,070,174 | $25,430,848 | ▲ $1,360,674 |
| Total Liabilities and Net Assets / Fund Balance | $76,573,740 | $76,324,243 | ▼ $249,497 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $84,775,691 | - | $84,775,691 |
| Equipment | $-23,745,524 | $28,723,828 | $4,978,304 |
| Buildings | $1,963,463 | $936,625 | $2,900,088 |
| Leasehold Improvements | $1,130,618 | - | $1,130,618 |
| Land | $194,247 | - | $194,247 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Michael A Wood | Manager of Operations | FT | $119,638 | $119,638 |
| Tony A Grantham | Manager of Engineering | FT | $118,550 | $118,550 |
| Kenneth E Davis Jr | Manager - Finance/Acctg | FT | $118,334 | $118,334 |
| Glenda Barwick | Accountant | FT | $100,599 | $100,599 |
| Carl Kornegay | President | PT | $23,538 | $23,538 |
| Jennings Outlaw | Director | - | $23,178 | $23,178 |
| Richard Grady | Treasurer | - | $22,350 | $22,350 |
| Keith Beavers | Director | PT | $21,991 | $21,991 |
| William Farmer Jr | Secretary | PT | $21,973 | $21,973 |
| Randy McCullen | Director | - | $21,932 | $21,932 |
| Dallace J Grady | Director | - | $20,219 | $20,219 |
| Worth Overman | Director | - | $19,813 | $19,813 |
| Leland M Heath Jr | Vice President | - | $19,433 | $19,433 |
| Brandy S Rouse | Director | - | $19,264 | $19,264 |
| McKinley Price | Director | - | $18,031 | $18,031 |
| Name | Title |
|---|---|
| J Michael Davis | General Manager |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Mastec Inc Energy Division | Line Construction | - | $378,642 |
| John J Rowe Co | Right-of-Way Clearing | - | $280,571 |
| Line Item | Amount |
|---|---|
| Other Expenses | $15,278,747 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | - | - | $2,788,927 |
| Other Expenses | - | - | - | $2,500,379 |
| All Other Expenses | - | - | - | $2,331,680 |
| Interest | - | - | - | $1,798,162 |
| Benefits to Members | - | - | - | $1,422,307 |
| Total Functional Expenses | $0 | $0 | $0 | $16,701,054 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $1,935,470 |
| Consumer Deposits | $1,017,735 |
| Current Maturities of LTD | - |
“Form 990 is presented to the governing board prior to mailing at its regular monthly meeting.”
“This policy is reviewed each year during the Board of Directorss meeting to make all board members aware of the policy and acknowledge their compliance.”
“Each year the General Manager received a survey of salaries paid for all positions throughout the State. The Board of Directors reviews this information and determines the appropriate salary for the General Manager during Executive Session. Salaries for other key personnel are also reviewed and approved by the Board.”
“The audited financial statements are included in the annual reports. When the newsletter is published announcing the annual meeting of the members, statements about conflicts of interest are included.”
“There was amortization of an equity adjustment for accumulated pension and benefits required by professional standards of 534,500. There was an increase in membership fees of 245 for a total difference of 534,745.”
“Tri-County EMC does not have a specific audit committee. The Board as a whole assumes responsiblity and oversight of the audit and the selection of the independent accountant.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4222564 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4084865 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 6689902 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6280402 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Electric Cooperative providing electricity to its membership. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2331680 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 1422307 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TRI-COUNTY EMC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9197352611 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 4255 HWY 117 ALT |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | DUDLEY |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 28333 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3567051 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2331475 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 280571 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 378642 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 0 | 6640 Malpass Corner Rd |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 1 | PO Box 277124 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 0 | Currie |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 1 | Atlanta |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 0 | NC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 1 | GA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 0 | 28435 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 1 | 30384 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | John J Rowe Co |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 1 | Mastec Inc Energy Division |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Right-of-Way Clearing |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Line Construction |
| IRS990/CostOfGoodsSoldAmt | 0 | 37265291 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 1422307 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 90220 |
| IRS990/CYOtherExpensesAmt | 0 | 15278747 |
| IRS990/CYOtherRevenueAmt | 0 | 17436763 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 825929 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 16701054 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 17526983 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2788927 |
| IRS990/Desc | 0 | Not Applicable |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 56 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 008.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 004.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 003.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 004.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 004.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 055.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 060.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 055.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 060.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 055.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Carl Kornegay |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Worth Overman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Dallace J Grady |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Keith Beavers |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Leland M Heath Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | McKinley Price |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Randy McCullen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Richard Grady |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | William Farmer Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Michael A Wood |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Brandy S Rouse |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Jennings Outlaw |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | J Michael Davis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Tony A Grantham |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Kenneth E Davis Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Glenda Barwick |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 23538 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 19813 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 20219 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 21991 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 19433 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 18031 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 21932 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 22350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 21973 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 119638 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 19264 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 23178 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 200149 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 118550 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 118334 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 100599 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Manager of Operations |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | General Manager |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Manager of Engineering |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Manager - Finance/Acctg |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Accountant |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1940 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 11100 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 11100 |
| IRS990/GrossReceiptsAmt | 0 | 54792274 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 21526 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 54533798 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 1798162 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 533715 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 466271 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 79120 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 1926183 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 2001932 |
| IRS990/IRPDocumentCnt | 0 | 26 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 29660453 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 64318495 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 93978948 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
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| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Electric cooperative providing electric power to its membership. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 17268507 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 21526 |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 778642 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 534745 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Taxes |
| IRS990/OtherExpensesGrp/Desc | 1 | Transmission Expense |
| IRS990/OtherExpensesGrp/Desc | 2 | Distribution Expense |
| IRS990/OtherExpensesGrp/Desc | 3 | Consumer Accounts Expense |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1754371 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30982 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4074246 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2500379 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2987144 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2953205 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Patronage Capital |
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| IRS990/OtherRevenueTotalAmt | 0 | 146730 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 147026 |
| IRS990/PrincipalOfficerNm | 0 | Carl Kornegay |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYInvestmentIncomeAmt | 0 | 118876 |
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| IRS990/PYOtherRevenueAmt | 0 | 17390685 |
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| IRS990/PYTotalExpensesAmt | 0 | 16071747 |
| IRS990/PYTotalRevenueAmt | 0 | 17509561 |
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| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
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| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
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| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 936625 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2900088 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | -23745524 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 28723828 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 4978304 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 194247 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 194247 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1130618 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1130618 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 84775691 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 84775691 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1935470 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1017735 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Consumer Deposits |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Current Maturities of LTD |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 64318495 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2953205 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | J Michael Davis |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | General Manager |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Form 990 is presented to the governing board prior to mailing at its regular monthly meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | This policy is reviewed each year during the Board of Directorss meeting to make all board members aware of the policy and acknowledge their compliance. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Each year the General Manager received a survey of salaries paid for all positions throughout the State. The Board of Directors reviews this information and determines the appropriate salary for the General Manager during Executive Session. Salaries for other key personnel are also reviewed and approved by the Board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The audited financial statements are included in the annual reports. When the newsletter is published announcing the annual meeting of the members, statements about conflicts of interest are included. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | There was amortization of an equity adjustment for accumulated pension and benefits required by professional standards of 534,500. There was an increase in membership fees of 245 for a total difference of 534,745. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Tri-County EMC does not have a specific audit committee. The Board as a whole assumes responsiblity and oversight of the audit and the selection of the independent accountant. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 15a and 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part XI, Section N/A, Line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XII, Section N/A, Line 2c |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 76324243 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 76573740 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 76324243 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalEmployeeCnt | 0 | 56 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 16701054 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 52503566 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 50893395 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 52503566 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 50893395 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 24070174 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 25430848 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 888992 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 17526983 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 76573740 |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.