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Organizations Tri-County Electric Cooperative Inc.

Tri-County Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

600 Northwest Pkwy
Azle, Texas 76020

Tri-County Electric Cooperative Inc. (EIN: 75-0619960) 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 16 out of 345 total employees. Among the employees shown here, the average compensation is $290,766. The highest compensated employee at Tri-County Electric Cooperative Inc. is Scott Spence with fiscal year 2024 compensation of $554,542.

Revenue, expenses, and employee compensation

Revenue

$415,363,993

Expenses

$415,363,993

Employee compensation

$3,176,524
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Spence
President and Chief Executive Officer
$554,542
$493,771 No related comp$60,771
Wesley Scheets
COO and Vice President of Operations
$537,218
$303,219 No related comp$233,999
Melissa Watts
CFO and Vice President of Finance (Thru 6/24)
$389,472
$300,087 No related comp$89,385
Andrea McCleese
Senior Vice President, Engagement and Solutions
$352,508
$247,389 No related comp$105,119
Joel Pence
Line Superintendent
$318,862
$226,122 No related comp$92,740
Carl Herridge
Line Superintendent
$302,716
$217,238 No related comp$85,478
Kevin Helton
Line Superintendent
$300,163
$235,552 No related comp$64,611
Jonathan Douglass
Director of IT and Cybersecurity
$268,272
$215,282 No related comp$52,990
Dustin Tidball
Chief Financial Officer and Vice President, Finance
$266,881
$222,588 No related comp$44,293
Janet Rehberg
CSO and Vice President of Engineering (Thru 8/24)
$258,221
$215,288 No related comp$42,933
Derek Bissette
Right of WAY Manager
$257,954
$216,851 No related comp$41,103
Melony Block
Vice President, Human Resources and Safety
$255,711
$213,863 No related comp$41,848

Benchmark Employee Compensation

Non-Employee Board Members

Margaret Koprek Treasurer
and Secretary (Thru 11/24), Director
$43,720
$43,720 No related compNo other comp
Max Waddell
Chair (Thru 11/24), Director
$43,120
$43,120 No related compNo other comp
John Killough
VICE Chair (Thru 11/24)
$43,120
$43,120 No related compNo other comp
Steve Harris
Director
$42,520
$42,520 No related compNo other comp
David Miller
Chair
$41,720
$41,720 No related compNo other comp
Sommer Portwood
Treasurer and Secretary
$41,320
$41,320 No related compNo other comp
Kevin Ingle
Director
$40,720
$40,720 No related compNo other comp
Michael Sivertsen
Director (Thru 11/24)
$34,232
$34,232 No related compNo other comp
Jarrett Armstrong
Director
$4,294
$4,294 No related compNo other comp
David Manning
Director
No compensation reported
Timmy Yeary
Vice Chair
No compensation reported

Contractors

Revolution Power LLC
Construction
$8,203,481
Burns Mcdonnell Engineering Company
Construction/Engineering
$6,945,166
Primoris T&D Services LLC
Construction
$6,060,708
Parish Utilities LLC
Construction
$5,346,079
Texas State Utilities Inc.
Construction
$4,007,053

Mission Statement

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Revisions to this organization profile

November 14, 2025:
2024 Tri-County Electric Cooperative Inc. 990 filed
October 22, 2024:
2023 Tri-County Electric Cooperative Inc. 990 filed
October 5, 2023:
2022 Tri-County Electric Cooperative Inc. 990 filed

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