Compensation 990

Tri-County Electric Cooperative Inc.

Fiscal year ending 2024. Filed on August 12, 2025.

2862 West Us 90
Madison, Florida 32341

Tri-County Electric Cooperative Inc. (EIN: 59-0485704) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Tri-County Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 69 total employees. Among the employees shown here, the average compensation is $225,104. The highest compensated employee at Tri-County Electric Cooperative Inc. is H Julius Hackett with fiscal year 2024 compensation of $385,240.

Revenue, expenses, and employee compensation

Revenue

$59,242,930

Expenses

$59,992,930

Employee compensation

$1,299,004
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋11.8%vs 2023
H Julius Hackett
Chief Executive Officer
$385,240
$312,812 from orgNo related comp$72,428 other
＋9.6%vs 2023
Jeff Brewer
Vice President, Engineering
$246,640
$164,733 from orgNo related comp$81,907 other
＋20.6%vs 2023
John Nash
Cooperative Foreman
$223,650
$154,946 from orgNo related comp$68,704 other
＋20.4%vs 2023
Wendell Williams
Vice President, Finance
$221,923
$149,967 from orgNo related comp$71,956 other
＋26.1%vs 2023
Eileen Herndon
Vice President Corporate SVCS
$205,125
$139,399 from orgNo related comp$65,726 other
＋11.9%vs 2023
John Tuten
Vice President, Operations
$199,076
$151,220 from orgNo related comp$47,856 other
New in 2024
Derrick Calhoun
Information Technology Director
$196,807
$126,208 from orgNo related comp$70,599 other
＋3.0%vs 2023
Michael S Henderson
District CREW Leader
$196,193
$132,292 from orgNo related comp$63,901 other
New in 2024
Cody Holden
Crew Leader
$192,258
$131,271 from orgNo related comp$60,987 other
＋27.3%vs 2021
Tony Stephenson
Crew Leader
$184,123
$131,614 from orgNo related comp$52,509 other

Non-Employee Board Members

－15.8%vs 2023
George Webb
Secretary and Treasurer
$6,400
$6,400 from orgNo related compNo other comp
New in 2024
Benjamin White
Trustee
$5,800
$5,800 from orgNo related compNo other comp
＋7.4%vs 2023
Ann Herring
Trustee
$5,800
$5,800 from orgNo related compNo other comp
－13.8%vs 2023
Donnie Waldrep
Vice President
$5,000
$5,000 from orgNo related compNo other comp
－35.3%vs 2023
Junior Smith
Trustee
$4,400
$4,400 from orgNo related compNo other comp
－25.9%vs 2023
Catherine Bethea
Trustee
$4,000
$4,000 from orgNo related compNo other comp
－25.9%vs 2023
John Cruce
Trustee
$4,000
$4,000 from orgNo related compNo other comp
－44.8%vs 2023
Bobby Dodd
President
$3,200
$3,200 from orgNo related compNo other comp
－20%vs 2023
Johnny Edwards
Trustee
$2,400
$2,400 from orgNo related compNo other comp

Mission Statement

PROVIDE QUALITY-SAFE-AFFORDABLE ELECTRIC SERVICE POWERED BY MEMBERS.

Revisions to this organization profile

August 12, 2025:
2024 Tri-County Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Tri-County Electric Cooperative Inc. 990 filed
April 14, 2023:
2022 Tri-County Electric Cooperative Inc. 990 filed

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