ZUnclassifiedEIN: 381109570· Ruling Year: 1984

Tri-county Electric Cooperative

Portland, Michigan

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.14×
Peer Median5.86×
💰
$68.0M
Total Revenue
📊
$69.0M
Total Expenses
🏦
$78.7M
Net Assets
📋
$157.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.5%
Year-over-year change (2022 → 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.14
Net assets divided by total expenses
Liabilities-to-Assets
66.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$67,971,587$68,955,3361%$236,676,0886%
2022$67,642,22610%$68,228,6989%$223,184,16715%
2021$61,432,42911%$62,723,68111%$193,902,80915%
2020$55,156,5567%$56,283,1546%$168,577,44313%
2019$51,720,2491%$52,994,2112%$149,313,98511%
2018$51,245,9265%$51,984,9676%$134,024,56211%
2017$48,625,8232%$48,825,8232%$120,479,1181%
2016$47,487,981$47,687,981$118,985,9801%
2015$47,701,698$47,901,698$118,189,0353%
2014$47,734,1661%$47,934,1661%$114,579,0312%
2013$47,366,5043%$47,566,5042%$112,468,7775%
2012$45,913,44410%$46,413,44411%$107,609,1321%
2011$41,722,019$41,722,019$106,381,431

Frequently Asked Questions

What does Tri-county Electric Cooperative do?

Tri-county Electric Cooperative is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Tri-county Electric Cooperative financially healthy?

Based on our 9-metric Financial Health Score model, Tri-county Electric Cooperative has a score of 52/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Tri-county Electric Cooperative generate?

Tri-county Electric Cooperative reports $73.4M in annual revenue and holds $244.3M in total assets, based on IRS filings.

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