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TRICO ELECTRIC COOPERATIVE INC

MARANA, AZ · EIN 860082366 · Form 990 · FY2020 · Very Large (>$50M) · www.trico.coop
revenue
$104.0M
expenses
$103.8M
net assets
$128.8M
employees
142
mission · from form 990

TO PROVIDE ELECTRIC ENERGY TO RURAL AREAS AT COST ON A COOPERATIVE BASIS.

profile · synthesized from sources

TRICO ELECTRIC COOPERATIVE INC is a non-profit electric cooperative providing safe, reliable, and sustainable energy solutions to its members. It offers various programs focused on energy efficiency, community support, and economic development within its service territory. The cooperative also provides grants and scholarships to local organizations and individuals.

named programs · 13 · from sources

what they call their work

Bill Pay Assistance
Provides assistance to members through donations to Wildfire and its partner agencies for bill payment.
Classroom Connections
Educates elementary school students on the value and importance of energy efficiency and ways to save energy at home.
Community Education
Provides educational sessions for all ages on topics such as Electric Vehicles, Solar and Battery Storage Systems, Energy Efficiency and Conservation, and tours of the Chirreon Solar & Battery Storage Facility.
Demand Response Program
Helps manage energy consumption during peak demand times by remotely adjusting smart thermostat settings to reduce strain on the power grid and lower energy costs.
Education Scholarships
Awards scholarships to Trico Members and their families to attend a university, community, or vocational college.
Energy Conservation Workshops
Educates members on strategies to be more energy efficient, covering topics like LEDs, programmable thermostats, weatherization, insulation, home maintenance, and Energy Star appliances.
Operation Round Up
Allows members to round up their electric bill to the nearest dollar, with the extra cents funding the Trico Electric Charitable Trust for local nonprofits.
POWER Grants program
Awards grants twice a year to local community organizations, schools, veteran’s groups, first responders, and food banks through the Trico Electric Charitable Trust.
Trico Fiber
Provides high-speed fiber-to-the-home internet service to members.
Trico Safety Demos
Showcases an electric safety demonstration to teach about the dangers of electricity and how to stay safe around powerlines.
Trico Tree Program
Allows members to purchase up to 3 low-cost, low-water use trees to help reduce energy costs by providing shade.
Washington Youth Tour
Sends local high school juniors on a trip to Washington, D.C., to visit monuments, memorials, museums, and the U.S. Capitol Building.
Weatherization Kit
Provides free weatherization kits to members in need of assistance making their home more energy efficient, including weather stripping, sealant foam, socket sealers, and window insulation kits.
activities · 10 groups

what they do

  • Utility Infrastructure & Service Expansion 10 activities
    • Commercial Electric Services
      Provides commercial electric services for new construction projects, including industrial developments, irrigation systems, government agencies, and homeowner associations on undeveloped land within its service territory. It also offers modification services for existing commercial electric facilities, such as upgrades, relocations, repairs, removals, and conversions between above-ground and underground configurations.
    • Commercial Electric Services
      Provides electric services for new commercial construction projects, including industrial developments, irrigation systems, government agencies, and homeowner associations. Also offers modification services for existing commercial electric facilities, such as upgrades, relocations, repairs, removals, and conversions between above-ground and underground configurations.
    • Commercial Electric Services
      Provides commercial electric services for new construction projects, including industrial developments, irrigation systems, government agencies, and homeowner associations on undeveloped land within its service territory. It also offers modification services for existing commercial electric facilities, such as upgrades, relocations, repairs, removals, and conversions between above-ground and underground configurations.
    • Commercial Electric Services and Economic Development
      Provides commercial electric services for new construction projects and offers modification services for existing facilities, while also supporting economic development by providing tools and resources to attract commercial, industrial, and residential projects to its service territory.
    • Construction Cost Estimation Tools
      Provides a Ballpark Cost tool for approximating construction estimates for new residential line extensions.
    • Electricity Distribution and Infrastructure Maintenance
      Maintains and improves distribution lines, substations, and other infrastructure to deliver electricity from substations to members, including upgrades, rebuilding, and new construction to support growing membership.
    • Electricity Distribution and Infrastructure Management
      Maintains, upgrades, and rebuilds substations and distribution lines to deliver electricity from substations to members, and designs and constructs new substations to support growing membership. This includes providing electric service and extending electric lines according to approved policies, and preparing documents for customers to obtain electric service and interconnection approval for distributed generation systems.
    • Electricity Distribution and Infrastructure Management
      Maintains, improves, and rebuilds distribution lines and substations to deliver electricity from substations to members, and designs and constructs new substations to support growing membership. This includes providing electric service and extending electric lines according to approved policies, and preparing documents for customers to obtain electric service and interconnection approval for distributed generation systems.
    • Electricity Distribution and Infrastructure Management
      Maintains, upgrades, and rebuilds substations and distribution lines to deliver electricity to members, and designs and constructs new substations to support growing membership. This includes providing electric service and extending lines according to approved policies, and preparing documents for customers to obtain electric service and interconnection approval for distributed generation systems.
    • New Electric Service and Interconnection Support
      Provides electric service and extends electric lines according to approved policies, and assists customers in obtaining electric service, installer approval, and interconnection approval for distributed generation systems like solar or backup generators.
  • Smart Metering and Energy Management Programs 6 activities
    • Advanced Metering Infrastructure
      Utilizes automated meters to collect frequent and accurate electricity usage data, reduce fuel consumption and pollution by minimizing physical meter readings, and decrease vehicle expenses, outage identification time, and administrative costs. These meters also provide automated outage and voltage fluctuation alerts, improving service restoration times and enabling preventive maintenance, and support the integration of new energy resources and customer services aimed at reducing energy consumption.
    • Advanced Metering Infrastructure
      Utilizes automated meters to collect frequent and accurate electricity usage data, reduce fuel consumption and pollution by minimizing physical meter readings, and decrease vehicle expenses, outage identification time, and administrative costs. These meters also provide automated outage and voltage fluctuation alerts, improving service restoration times and enabling preventive maintenance, and support the integration of new energy resources and customer services aimed at reducing energy consumption.
    • Advanced Metering Infrastructure (AMI) Operations
      Utilizes automated meters to collect frequent and accurate electricity usage data, reduce fuel consumption and pollution by minimizing physical meter readings, and decrease vehicle expenses, outage identification time, and administrative costs. The system also provides automated outage and voltage fluctuation alerts to improve service restoration and enable preventive maintenance, and supports the integration of new energy resources and customer services aimed at reducing energy consumption.
    • Demand Response Program
      Operates a demand response program that remotely adjusts smart thermostat settings during peak demand times to manage energy consumption, reduce strain on the power grid, and lower energy costs for participants.
    • Demand Response Program
      Operates a demand response program that remotely adjusts smart thermostat settings during peak demand times to manage energy consumption, reduce strain on the power grid, and lower energy costs for participants.
    • Smart Metering and Grid Management
      Uses automated meters to collect frequent and accurate electricity usage data, reduce fuel consumption and pollution, improve service restoration times through automated outage alerts, and support integration of new energy resources.
  • Accessible Outage Reporting Systems 4 activities
    • Outage Management and Communication
      Operates a 24/7 outage map for members, provides multiple channels for members to report outages, and offers a service for members to sign up for outage updates.
    • Outage Management and Communication
      Operates a 24/7 outage map, provides multiple channels for members to report outages, and offers a service for members to sign up for outage updates.
    • Outage Management and Communication
      Operates a 24/7 outage map for members, provides multiple channels for members to report outages (including phone calls and the SmartHub app), and offers a service for members to sign up for outage updates.
    • Outage Management and Communication
      Operates a 24/7 outage map for members, provides multiple channels for members to report outages (including phone calls and the SmartHub app), and offers a service for members to sign up for outage updates.
  • Wildfire Fuel Reduction Grants 4 activities
    • Wildfire Mitigation
      Enhances wildfire mitigation efforts through the Department of Energy's WARN Grant.
    • Wildfire Mitigation
      Enhances wildfire mitigation efforts through initiatives such as receiving the Department of Energy's WARN Grant.
    • Wildfire Mitigation Efforts
      Enhances wildfire mitigation efforts through funding from the Department of Energy's WARN Grant.
    • Wildfire Mitigation Efforts
      Receives the Department of Energy's WARN Grant to enhance wildfire mitigation efforts.
  • Merit-Based Educational Scholarships 3 activities
    • Community Grantmaking and Scholarships
      Awards grants twice annually to local community organizations, schools, veteran's groups, first responders, and food banks, and has awarded over $5.3 million in scholarships to members and their families since 1985, benefiting more than 809 students.
    • Community Grants and Scholarships
      Awards grants twice annually to local community organizations, schools, veteran's groups, first responders, and food banks. The organization has also awarded over $5.3 million in scholarships to Trico members and their families since 1985, benefiting more than 809 students.
    • Community Grants and Scholarships
      Awards grants twice annually to local community organizations, schools, veteran's groups, first responders, and food banks. The organization has awarded over $5.3 million in scholarships to Trico members and their families since 1985, benefiting more than 809 students.
  • Site Selection and Business Location Support 3 activities
    • Economic Development Support
      Supports economic development by providing tools and resources to attract commercial, industrial, and residential projects to its service territory, including a Property Search tool for businesses.
    • Economic Development Support
      Supports economic development by providing tools and resources to attract commercial, industrial, and residential projects to its service territory, including a Property Search tool for real estate, demographic, and industry analysis.
    • Economic Development Support
      Supports economic development by providing tools and resources to attract commercial, industrial, and residential projects to its service territory, including a Property Search tool for businesses.
  • Youth Leadership & Government Tours 3 activities
    • Youth Leadership Programs
      Sends local high school juniors to Washington, D.C. each summer to participate in a national youth tour.
    • Youth Programs
      Sends local high school juniors to Washington, D.C. each summer to participate in a national youth tour.
    • Youth Programs
      Sends local high school juniors to Washington, D.C. each summer to participate in a national youth tour.
  • Community Safety Education Programs 2 activities
    • Electrical Safety Demonstrations
      Operates a Safety Trailer that provides electric safety demonstrations to teach about the dangers of electricity and how to stay safe around powerlines.
    • Electrical Safety Education
      Operates a Safety Trailer that provides electric safety demonstrations to teach about the dangers of electricity and how to stay safe around powerlines.
  • Solar Adoption Support Programs 1 activity
    • Solar Rate Calculation Tool
      Offers a Rate Calculator Tool within SmartHub to help members determine the cost-effectiveness of installing solar.
  • Uncategorized 17 activities
    • Community Grants Program
      Awards grants twice annually to local community organizations, schools, veteran's groups, first responders, and food banks.
    • Energy Education and Safety Demonstrations
      Operates a Classroom Connection program educating elementary school students on energy efficiency and conservation. Provides educational sessions on Electric Vehicles, Solar and Battery Storage Systems, Energy Efficiency and Conservation, and offers tours of its Chirreon Solar & Battery Storage Facility. Operates a Safety Trailer providing electric safety demonstrations to teach about the dangers of electricity and how to stay safe around powerlines.
    • Energy Education and Safety Demonstrations
      Provides educational sessions on topics including Electric Vehicles, Solar and Battery Storage Systems, Energy Efficiency and Conservation, offers tours of its Chirreon Solar & Battery Storage Facility, and operates a Safety Trailer for electric safety demonstrations.
    • Energy Education and Tours
      Provides educational sessions on topics including Electric Vehicles, Solar and Battery Storage Systems, Energy Efficiency and Conservation, and offers tours of its Chirreon Solar & Battery Storage Facility.
    • Energy Efficiency Programs
      Operates a Tree Program allowing members to purchase up to 3 low-cost, low-water use trees delivered by Trees for Tucson. Provides free weatherization kits to members, including weather stripping, sealant foam, socket sealers, and window insulation kits. Conducts an Energy Conservation Workshop Program covering topics like energy savings from LEDs, programmable thermostats, weatherization, home maintenance, and Energy Star appliances, and distributes home energy savings guides.
    • Energy Efficiency and Conservation Programs
      Operates a Tree Program allowing members to purchase low-cost, low-water use trees, provides free weatherization kits, conducts Energy Conservation Workshops, and educates elementary school students on energy efficiency through the Classroom Connection program. Also offers educational sessions on Electric Vehicles, Solar and Battery Storage Systems, and provides tours of its Chirreon Solar & Battery Storage Facility.
    • Energy Efficiency and Conservation Programs
      Operates a Tree Program for members to purchase low-cost trees, provides free weatherization kits, conducts Energy Conservation Workshops, and educates elementary school students on energy efficiency through its Classroom Connection program.
    • Energy Efficiency and Conservation Programs
      Operates a Tree Program allowing members to purchase low-cost, low-water use trees, provides free weatherization kits to members, conducts an Energy Conservation Workshop Program covering various energy-saving topics, and operates a Classroom Connection program to educate elementary school students on energy efficiency.
    • Member Bill Payment Assistance
      Provides member bill payment assistance through donations to Wildfire and its partner agencies.
    • Member Bill Payment Assistance
      Provides financial assistance for member bill payments through donations to Wildfire and its partner agencies.
    • Member Bill Payment Assistance
      Provides member bill payment assistance through donations to Wildfire and its partner agencies.
    • Member Tools and Resources
      Provides various tools for members, including a Ballpark Cost tool for new residential line extensions, a Rate Calculator Tool for solar installation cost-effectiveness, and a Property Search tool for businesses to find optimal locations.
    • Pole Attachment Services
      Provides procedures and guidelines for telecommunications and cable operators to attach facilities to Trico-owned utility poles.
    • Pole Attachment Services
      Provides pole attachment procedures and guidelines to enable telecommunications and cable operators to attach facilities to Trico-owned utility poles.
    • Scholarship Program
      Awards scholarships to Trico members and their families, having awarded over $5.3 million to more than 809 students since 1985.
    • Utility Pole Attachment Services
      Provides pole attachment procedures and guidelines to enable telecommunications and cable operators to attach facilities to Trico-owned utility poles.
    • Utility Pole Attachment Services
      Provides pole attachment procedures and guidelines to enable telecommunications and cable operators to attach facilities to Trico-owned utility poles.
financials · form 990 · fy2020
revenue
Total revenue$104.04M
Contributions & grants$00%
Program service revenue$103.05M99%
Investment income$434K0%
Other revenue$558K
expenses
Total expenses$103.83M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$11.22M
Grants paid out$744K
Largest expense lineCompensation
balance sheet
Total assets$258.71M
Cash$5.68M
Investments$50.44M
Liabilities$129.89M
Net assets$128.83M
Liquid reserves6.5 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

who runs it

paid leadership · 17
NameTitleHours/wkCompensation
VINCENT NITIDO CHIEF EXECUTIVE OFFICER/GM 60 $617K
KAREN CATHERS CHIEF OPERATING OFFICER 60 $340K
JANICE RAST CHIEF INFORMATION OFFICER 60 $323K
GARY KELLY MANAGER OF ENGINEERING 50 $208K
JANET BOCK MANAGER OF MEMBER SERVICES 50 $204K
PAUL MCDANIEL MANAGER DISTRIBUTION MAINTENANCE 50 $201K
SCOTT RAST MANAGER DISTRIBUTION CONSTRUCTION 50 $200K
CARTER JOHNSON CREW LEADER 50 $191K
BRIAN FICKETT CHIEF FINANCIAL OFFICER 60 $189K
ERIC HAWKINS FEB-DEC CHIEF LEGAL & ADMINISTRATIVE OFFICER 60 $171K
MARSHA THOMPSON VICE PRESIDENT 3 $11K
BARBARA STOCKWELL SECRETARY 3 $10K
BRAD DESPAIN DIRECTOR 3 $8K
L NICK BUCKELEW TREASURER 3 $8K
LARRY HINCHLIFFE PRESIDENT 2 $8K
JAMES R PYERS ASSISTANT SECRETARY/TREASU 2 $7K
DON BLACK DIRECTOR 2 $6K
relationships · 6

who they work with

  • Arizona Corporation Commission Government — Approves Trico Electric Cooperative's Rules, Regulations and Line Extension Policies.
  • Department of Energy Government — Recipient of the Department of Energy's WARN Grant for wildfire mitigation.
  • Trees for Tucson Partner — Delivers trees purchased through Trico's Tree Program to members' homes.
  • Trico Electric Cooperative Government — Owns and manages overhead distribution poles used for utility and telecommunications infrastructure in its service territory.
  • Wildfire Partner — Partner organization receiving donations from Trico to provide bill payment assistance to members.
  • state and federal government agencies Government — Source of grant funding for infrastructure projects.