Tri-county Electric Cooperative
501(c)(12)
Only null% goes to programs Strong reserves
Tri-county Electric Cooperative is a 501(c)(12) organization based in Mount Vernon, Illinois, registered in 1943, with $54,559,167 in FY2024 revenue. CharityIndex grades it B.
3906 Broadway St, Mount Vernon, IL, 62864 EIN 37-0555013 Since 1943
Revenue (FY2024)
$54.6M
▲ 5.4% vs prior year
Expenses (FY2024)
$54.6M
Net assets
$66.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-county Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-county Electric Cooperative: 15 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-county Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-county Electric Cooperative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3906 Broadway St, Mount Vernon, IL, 62864
- City
- Mount Vernon
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $47.0M (FY2013) to $54.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $77.1MNet assets $66.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$143.7M
Total liabilities
$77.1M
Net assets
$66.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,559,167▲5.4% | $54,559,167▲5.4% | $66,616,518▲4.4% | $143,674,906▲1.8% | 990 |
| 2023 | $51,742,312▲5.3% | $51,742,312▲5.3% | $63,808,407▲7.2% | $141,174,891▲2.5% | 990 |
| 2022 | $49,138,057▲1.3% | $49,138,057▲1.3% | $59,538,000▲2.4% | $137,759,807▲2.8% | 990 |
| 2021 | $48,522,537▼0.8% | $48,522,537▼0.8% | $58,149,454▲3.8% | $133,948,921▲1.5% | 990 |
| 2020 | $48,910,896▼5.1% | $48,910,896▼5.1% | $56,034,148▲6.1% | $132,000,357▲4.5% | 990 |
| 2019 | $51,561,634▼3.5% | $51,561,634▼3.5% | $52,832,235▲4.8% | $126,303,412▲2.5% | 990 |
| 2018 | $53,455,486▲9.5% | $53,455,486▲9.5% | $50,397,577▲8.2% | $123,233,147▲4.0% | 990 |
| 2017 | $48,839,218▲1.6% | $48,839,218▲5.5% | $46,569,940▲6.4% | $118,525,750▲2.7% | 990 |
| 2016 | $48,086,228▼1.4% | $46,302,620▲1.4% | $43,769,152▲5.7% | $115,385,835▲3.6% | 990 |
| 2015 | $48,769,921▲3.8% | $45,668,547▲4.6% | $41,393,390▲15.9% | $111,373,328▲5.0% | 990 |
| 2013 | $47,001,025 | $43,643,881▼14.6% | $35,701,016▲6.8% | $106,117,491▲5.0% | 990 |
| 2012 | — | $51,111,357▼1.2% | $33,413,179▲4.3% | $101,044,463▲0.9% | 990 |
| 2011 | — | $51,711,817▲33.7% | $32,046,516▲4.3% | $100,098,198▲5.0% | 990 |
| 2010 | — | $38,669,308 | $30,718,800 | $95,299,286 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $100K total
1 grant to Tri-county Electric Cooperative totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2015 | $100,000 |
Frequently asked questions
- Is Tri-county Electric Cooperative a legitimate nonprofit?
- Yes. Tri-county Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 37-0555013, based in Mount Vernon, Illinois.
- What is Tri-county Electric Cooperative's EIN?
- Tri-county Electric Cooperative's Employer Identification Number (EIN) is 37-0555013.
- How much revenue does Tri-county Electric Cooperative report?
- Tri-county Electric Cooperative reported $54,559,167 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tri-county Electric Cooperative have?
- CharityIndex grades Tri-county Electric Cooperative B, based on financial health (reserves and operating margin).
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Data for Tri-county Electric Cooperative (EIN 37-0555013) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.