Tri-county Electric Cooperative
Portland, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $67,971,587 | $68,955,336↑1% | $236,676,088↑6% | |
| 2022 | $67,642,226↑10% | $68,228,698↑9% | $223,184,167↑15% | — |
| 2021 | $61,432,429↑11% | $62,723,681↑11% | $193,902,809↑15% | — |
| 2020 | $55,156,556↑7% | $56,283,154↑6% | $168,577,443↑13% | — |
| 2019 | $51,720,249↑1% | $52,994,211↑2% | $149,313,985↑11% | — |
| 2018 | $51,245,926↑5% | $51,984,967↑6% | $134,024,562↑11% | — |
| 2017 | $48,625,823↑2% | $48,825,823↑2% | $120,479,118↑1% | — |
| 2016 | $47,487,981 | $47,687,981 | $118,985,980↑1% | — |
| 2015 | $47,701,698 | $47,901,698 | $118,189,035↑3% | — |
| 2014 | $47,734,166↑1% | $47,934,166↑1% | $114,579,031↑2% | — |
| 2013 | $47,366,504↑3% | $47,566,504↑2% | $112,468,777↑5% | — |
| 2012 | $45,913,444↑10% | $46,413,444↑11% | $107,609,132↑1% | — |
| 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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