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TRI-COUNTY ELECTRIC COOPERATIVE INC

EIN 59-0485704 MADISON, FL

Largest nonprofits in Florida

Revenue 2025
$64,786,204
Expenses 2025
$64,036,204

As filed

Subsection
12
Classification
4000
Street
2862 W US 90

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

PROVIDE QUALITY-SAFE-AFFORDABLE ELECTRIC SERVICE POWERED BY MEMBERS.

  • SALE OF ELECTRICITY TO COOPERATIVE MEMBERS

    Expenses $64,036,204

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Benjamin White

    TRUSTEE

    Total calculated
    $5,200
    From this org
    $5,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Bobby Dodd

    PRESIDENT

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Catherine Bethea

    SECRETARY/TREASURER

    Total calculated
    $6,600
    From this org
    $6,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Donnie Waldrep

    VICE PRESIDENT

    Total calculated
    $6,400
    From this org
    $6,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Ann Herring

    TRUSTEE

    Total calculated
    $6,200
    From this org
    $6,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • John Cruce

    TRUSTEE

    Total calculated
    $5,200
    From this org
    $5,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • George Webb

    TRUSTEE

    Total calculated
    $8,800
    From this org
    $8,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Johnny Edwards

    TRUSTEE

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Junior Smith

    TRUSTEE

    Total calculated
    $4,200
    From this org
    $4,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • H Julius Hackett

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $399,550
    From this org
    $327,700
    From related orgs
    $0
    Other
    $71,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,576
    Bonus
    $0
    Other
    $7,124
    Deferred
    $42,159
    Nontaxable benefits
    $29,691
    Filer's total
    $399,550
  • Jeff Brewer

    VP ENGINEERING

    Total calculated
    $250,209
    From this org
    $162,878
    From related orgs
    $0
    Other
    $87,331
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,800
    Bonus
    $0
    Other
    $2,078
    Deferred
    $56,581
    Nontaxable benefits
    $30,750
    Filer's total
    $250,209
  • Wendell Williams

    VP FINANCE

    Total calculated
    $226,244
    From this org
    $150,678
    From related orgs
    $0
    Other
    $75,566
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,948
    Bonus
    $0
    Other
    $5,730
    Deferred
    $53,192
    Nontaxable benefits
    $22,374
    Filer's total
    $226,244
  • John Tuten

    VP OPERATIONS

    Total calculated
    $193,331
    From this org
    $142,414
    From related orgs
    $0
    Other
    $50,917
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,483
    Bonus
    $0
    Other
    $1,931
    Deferred
    $18,689
    Nontaxable benefits
    $32,228
    Filer's total
    $193,331
  • Eileen Herndon

    VP CORPORATE SVCS

    Total calculated
    $207,070
    From this org
    $136,169
    From related orgs
    $0
    Other
    $70,901
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,475
    Bonus
    $0
    Other
    $2,694
    Deferred
    $48,733
    Nontaxable benefits
    $22,168
    Filer's total
    $207,070
  • John Nash

    COOPERATIVE FOREMAN

    Total calculated
    $211,781
    From this org
    $138,336
    From related orgs
    $0
    Other
    $73,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,802
    Bonus
    $0
    Other
    $534
    Deferred
    $43,279
    Nontaxable benefits
    $30,166
    Filer's total
    $211,781
  • Michael S Henderson

    DISTRICT CREW LEADER

    Total calculated
    $189,815
    From this org
    $122,891
    From related orgs
    $0
    Other
    $66,924
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,447
    Bonus
    $0
    Other
    $444
    Deferred
    $37,032
    Nontaxable benefits
    $29,892
    Filer's total
    $189,815
  • Cody Holden

    CREW LEADER

    Total calculated
    $185,549
    From this org
    $121,273
    From related orgs
    $0
    Other
    $64,276
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,029
    Bonus
    $0
    Other
    $244
    Deferred
    $34,492
    Nontaxable benefits
    $29,784
    Filer's total
    $185,549
  • Jason Hughey

    APPARATUS TECHNICIAN

    Total calculated
    $188,575
    From this org
    $122,654
    From related orgs
    $0
    Other
    $65,921
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,368
    Bonus
    $0
    Other
    $286
    Deferred
    $36,076
    Nontaxable benefits
    $29,845
    Filer's total
    $188,575
  • Derrick Calhoun

    IT DIRECTOR

    Total calculated
    $197,878
    From this org
    $122,905
    From related orgs
    $0
    Other
    $74,973
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,350
    Bonus
    $0
    Other
    $555
    Deferred
    $44,740
    Nontaxable benefits
    $30,233
    Filer's total
    $197,878

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $64,786,204
    Expenses
    $64,036,204
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $59,242,930
    Expenses
    $59,992,930
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $52,888,646
    Expenses
    $52,888,646
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $53,542,460
    Expenses
    $53,542,460
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $40,691,529
    Expenses
    $40,691,529
    Assets (EOY)
    $102,346,093
  • 2020 · 990

    Revenue
    $39,706,561
    Expenses
    $39,706,561
    Assets (EOY)
    $99,676,333
  • 2019 · 990

    Revenue
    $40,644,380
    Expenses
    $40,644,380
    Assets (EOY)
    $97,541,131
  • 2018 · 990

    Revenue
    $40,441,015
    Expenses
    $40,441,015
    Assets (EOY)
    $95,764,105
  • 2017 · 990

    Revenue
    $39,356,517
    Expenses
    $39,356,517
    Assets (EOY)
    $94,453,665
  • 2016 · 990

    Revenue
    $39,606,884
    Expenses
    $39,606,884
    Assets (EOY)
    $89,405,672
  • 2015 · 990

    Revenue
    $41,019,882
    Expenses
    $41,019,882
    Assets (EOY)
    $86,325,842
  • 2014 · 990

    Revenue
    $40,895,696
    Expenses
    $40,895,696
    Assets (EOY)
    $82,546,631
  • 2013 · 990

    Revenue
    $37,678,489
    Expenses
    $37,678,489
    Assets (EOY)
    $80,470,753

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.