Tri-County Electric Cooperative Inc
Azle, TX · EIN 75-0619960 · Rank 1,588 by total revenue
To provide quality and reliable electric service to members of the cooperative.
Money, Form 990 for tax year 2024
- Total revenue
- $415,363,993
- Total expenses
- $415,363,993
- Total assets
- $1,521,595,570
- Salary base (all salaries and wages)
- $3,176,524
- Salaries, other pay and benefits
- $3,176,524
- Employees
- 345
- Salary base per employee
- $9,207
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (21)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Scott Spence | PRESIDENT & CEO | Officer | 61 | $554,542 |
| Wesley Scheets | COO & VP OF OPERATIONS | Officer | 40 | $537,218 |
| Melissa Watts | CFO & VP OF FINANCE (THRU 6/24) | Officer | 40 | $389,472 |
| Andrea McCleese | SENIOR VP, ENGAGEMENT & SOLUTIONS | Officer | 57 | $352,508 |
| Dustin Tidball | CFO & VP, FINANCE | Officer | 50 | $266,881 |
| Janet Rehberg | CSO & VP OF ENGINEERING (THRU 8/24) | Officer | 40 | $258,221 |
| Melony Block | VP, HUMAN RESOURCES & SAFETY | Officer | 52 | $255,711 |
| Brad Noack | VP, OPERATIONS | Officer | 50 | $238,780 |
| Tommy Higginbotham | VP, INFORMATION TECHNOLOGY | Officer | 50 | $149,738 |
| Margaret Koprek Treasurer | & SECRETARY (THRU 11/24), DIRECTOR | Board, Officer | 19.8 | $43,720 |
| John Killough | VICE CHAIR (THRU 11/24) | Board, Officer | 5.4 | $43,120 |
| Max Waddell | CHAIR (THRU 11/24), DIRECTOR | Board, Officer | 5.2 | $43,120 |
| David Miller | CHAIR | Board, Officer | 6.3 | $41,720 |
| Sommer Portwood | TREASURER & SECRETARY | Board, Officer | 6.8 | $41,320 |
| Lindsey Gillum | CRO & VP OF POWER SUPPLY (THRU 1/24) | Officer | 40 | $36,220 |
| Timmy Yeary | VICE CHAIR | Board, Officer | 3.1 | None reported |
| Steve Harris | DIRECTOR | Board | 6 | $42,520 |
| Kevin Ingle | DIRECTOR | Board | 5.5 | $40,720 |
| Michael Sivertsen | DIRECTOR (THRU 11/24) | Board | 17.8 | $34,232 |
| Jarrett Armstrong | DIRECTOR | Board | 4.5 | $4,294 |
| David Manning | DIRECTOR | Board | 4.9 | None reported |
Top 10 paid people listed
These 10 people received $3,548,855, which is 111.7% of the $3,176,524 salary base shared by 345 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Scott Spence | PRESIDENT & CEO | Officer | 61 | $493,771 | $0 | $60,771 | $554,542 |
| Wesley Scheets | COO & VP OF OPERATIONS | Officer | 40 | $303,219 | $0 | $233,999 | $537,218 |
| Melissa Watts | CFO & VP OF FINANCE (THRU 6/24) | Officer | 40 | $300,087 | $0 | $89,385 | $389,472 |
| Andrea McCleese | SENIOR VP, ENGAGEMENT & SOLUTIONS | Officer | 57 | $247,389 | $0 | $105,119 | $352,508 |
| Joel Pence | LINE SUPERINTENDENT | Highly paid employee | 45 | $226,122 | $0 | $92,740 | $318,862 |
| Carl Herridge | LINE SUPERINTENDENT | Highly paid employee | 45 | $217,238 | $0 | $85,478 | $302,716 |
| Kevin Helton | LINE SUPERINTENDENT | Highly paid employee | 45 | $235,552 | $0 | $64,611 | $300,163 |
| Jonathan Douglass | DIRECTOR OF IT & CYBERSECURITY | Highly paid employee | 45 | $215,282 | $0 | $52,990 | $268,272 |
| Dustin Tidball | CFO & VP, FINANCE | Officer | 50 | $222,588 | $0 | $44,293 | $266,881 |
| Janet Rehberg | CSO & VP OF ENGINEERING (THRU 8/24) | Officer | 40 | $215,288 | $0 | $42,933 | $258,221 |
Sources
- IRS e-file return 202533189349307168 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 75-0619960
- Organization website (as filed): www.tcectexas.com