2014-12-30T16:20:32-07:00 2014-06-30 990 2013-07-01 620387653 TRI-COUNTY ELECTRIC MEMBERSHIP TRI- 6156662111 405 College Street Lafayette TN 37083 Ray Goad Secretary 6156662111 2014-12-31 2013 2016-03-07 17:11:31Z Paul Thompson 405 College Street Lafayette TN 37083 118049973 0 X www.tcemc.org X 1936 TN To be the provider of choice for energy related services by exceeding customer expectations and providing community leadership--your partner in a changing and competitive world 10 10 146 0 0 0 0 0 112070924 117862467 147526 187506 0 0 112218450 118049973 0 0 0 0 7681849 8436769 0 0 0 98422249 103846482 106104098 112283251 6114352 5766722 154670408 159231534 56989004 55523394 97681404 103708140 Distribution of electricity to over 50,000 metered locations in South Central Kentucky and Northern Middle Tennessee. 0 0 112283251 118049973 Revenue exceeded expenses by $5,766,722. 0 0 0 112283251 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 69 0 1 146 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 1 1 1 0 1 1 0 0 1 1 0 0 X Paul Thompson 6156662111 405 College Street Lafayette TN 37083 Ronald Bailey Director 3 0 X 6750 0 7565 Tony Bentle Director 3 0 X 8750 0 343 Bret Carver Director 3 0 X 9000 0 7629 George Cowan Director 3 0 X 7000 0 7569 Jeffery Downing Director 3 0 X 7000 0 15323 Ray Goad Director 3 0 X 9250 0 7524 Veachel Harlan Director 3 0 X 8750 0 7569 Mike Miller Director 3 0 X 10500 0 15323 Jack Osgatharp Director 3 0 X 6500 0 15323 T P Thompson Jr Director 3 0 X 6500 0 15263 Paul Thompson Exec. V.P. & General Manager 50 0 X X X 173341 0 79608 Glenn Hale Director of Finance & Administration 40 0 X 99250 0 43120 Ralph Law Director of Operations 40 0 X 111099 0 17946 Jimmy Beecham Director of Engineering 40 0 X 102115 0 62498 565805 0 302603 4 0 1 0 Richard Filyaw 4737 Glendale Hodgenville Rd Glendale KY 42740 Truck Repair 142089 Powertech Engineering LLC 602 N High Road Indianapolis IN 46214 System Design 187748 Progressive Solutions PO Box 825724 Philadelphia PA 191825124 Right of Way Spraying 386813 3 0 Electric Revenue 221000 115244095 115244095 0 0 Rent from Electric Property 221000 1551000 0 0 1551000 Forfeited Discounts 221000 576851 576851 0 0 Service Charges 221000 488968 488968 0 0 Miscellaneous 221000 1553 1553 0 0 0 0 0 0 117862467 187506 0 0 187506 0 0 0 0 0 0 0 0 0 0 0 0 0 118049973 116311467 0 1738506 0 0 0 0 747428 0 4768595 895839 1639412 385495 0 44808 15000 0 0 0 2174775 0 175602 313260 0 0 908900 0 0 1336979 0 6107656 163112 Repairs & Maintenance 218512 Electricity Purchased for Resale 88275554 Property Taxes 1381830 Gross Receipts Tax 943333 1787161 112283251 0 0 0 986564 2376121 9851141 8787141 0 0 4995476 6068406 0 0 0 0 2073068 1975538 1635291 1236129 870824 895142 190628524 66789102 119961244 123839422 0 0 0 0 0 0 0 0 14296800 14053635 154670408 159231534 13936973 14393223 0 0 0 0 30761735 28945487 0 0 0 0 0 0 0 0 12290296 12184684 56989004 55523394 X 197100 194520 0 0 97484304 103513620 97681404 103708140 154670408 159231534 5766722 0 0 0 260014 0 X 0 1 X 1 0 0 1312379 1312379 0 3934517 1539024 2395493 0 0 0 0 0 11497495 8200920 3296575 0 173884133 57049158 116834975 123839422 Interest & Dividend Receivable 24188 Rents Receivable 741574 Utility Revenue Receivable 7284689 Deferred Expenses 4485356 Heat Pump Loans Receivable 1517828 14053635 Post Retirement Benefits 5430266 Heat Pump Loans Payable 1560755 Customer Deposits 2345689 Accrued Interest Expense 25809 Accrued Payroll 148723 Accrued Vacation & Sick Leave 1794381 Accrued Property Taxes 566992 Other Accrued Expenses 312069 12184684 118049973 0 0 0 0 0 118049973 0 0 0 118049973 112283251 0 0 0 0 0 112283251 0 0 0 112283251 0 0 0 Paul Thompson Exec. V.P. & General Manager 171333 0 0 0 2008 0 60361 0 19247 0 252949 0 252949 0 Jimmy Beecham Director of Engineering 101636 0 0 0 479 0 44176 0 18322 0 164613 0 Form 990, Part VI, Section A, Line 6 All customers are charged a $5 refundable fee at time of application for service. Form 990, Part VI, Section A, Line 7a Each member of the cooperative has equal rights and privileges. Each member is entitled to one vote on matters that are brought before the membership. The service territory is divided into 10 districts. Members within each district nominate and elect candidates to serve on the Cooperative Board of Directors. Form 990, Part VI, Section A, Line 9 Ronald Bailey, 4445 Gainsboro Highway, Celina, TN 38551 Tony Bentle, 1125 Rainbow Circle, Westmoreland, TN 37186 Bret Carver, 1399 Green Grove Road, Burkesville, KY 42717 George Cowan, P. O. Box 358, Edmonton, KY 42129 Jeff Downing, 469 Dunns Ford Road, Fountain Run, KY 42133 Ray Goad, 4384 Long Creek Road, Lafayette, TN 37083 Veachel Harlan, 221 7th Street, Tompkinsville, KY 42167 Mike Miller, 2174 Briarfield Road, Scottsville, KY 42164 Jack Osgatharp, 8531 Red Boiling Springs Road, Lafayette, TN 37083 T. P. Thompson, Jr., 730 Lock Six Road, Hartsville, TN 37074 Form 990, Part VI, Section B, Line 11b None Form 990, Part VI, Section B, Line 15 All compensation and benefits are approved by the Board of Directors. Comparisons are made with other cooperatives on a state and regional basis to establish adequacy of such benefits. Compensation levels are administered by the General Manager. Form 990, Part VI, Section C, Line 19 The documents are provided upon request. Summary financial information is provided to members at the annual membership meeting.