ZUnclassifiedEIN: 560432086

Tri-county Electric Membership Corporation

Dudley, North Carolina

B-Health Score
50B-

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 Org0.59×
Peer Median5.86×
💰
$61.5M
Total Revenue
📊
$62.3M
Total Expenses
🏦
$37.0M
Net Assets
📋
$67.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.5%
Year-over-year change (2022 → 2023)
Net Margin
-1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.59
Net assets divided by total expenses
Liabilities-to-Assets
64.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$61,498,4652%$62,307,0966%$104,504,8557%
2022$60,563,0622%$58,703,2294%$97,581,9973%
2021$59,542,7542%$56,659,778$94,565,0791%
2020$58,288,9581%$56,558,1287%$93,729,3682%
2019$57,962,6471%$60,528,8244%$92,094,2214%
2018$57,641,0475%$58,439,39111%$95,709,6865%
2017$54,655,9092%$52,737,306$90,730,37912%
2016$55,809,726260%$52,896,408233%$80,667,0943%
2015$15,485,06712%$15,870,8226%$78,072,5683%
2014$17,572,336$16,846,2211%$75,706,9501%
2013$17,526,983$16,701,0544%$76,324,243
2012$17,509,56112%$16,071,74710%$76,573,7403%
2011$15,599,355$14,584,694$74,181,067

Frequently Asked Questions

What does Tri-county Electric Membership Corporation do?

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

Is Tri-county Electric Membership Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Tri-county Electric Membership Corporation has a score of 50/100 (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 Membership Corporation generate?

Tri-county Electric Membership Corporation reports $65.8M in annual revenue and holds $115.0M in total assets, based on IRS filings.

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