Overview
What is Beartooth Electric Cooperative Inc?
Beartooth Electric Cooperative Inc is a nonprofit organization, operating on a non-profit basis, serving as a rural electric utility in the central portion of Montana and northern Wyoming. With a mission to provide electrical power and utility services, the cooperative caters to 4,974 patrons and members. Established with the aim of ensuring access to electricity in this region, it employs a dedicated workforce of 19 individuals. The cooperative operates as a rural electric utility, exempt under Section 501 (C) (12), supplying essential electrical services to its members and patrons in this largely rural area.
Is Beartooth Electric Cooperative Inc legitimate?
Beartooth Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Beartooth Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $451,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,769
For more financial information, click here
What is the mission statement of Beartooth Electric Cooperative Inc?
Beartooth Electric Cooperative Inc, operating on a non-profit basis, was established with the mission to provide electrical power and utility services to its members and patrons residing in the central portion of Montana and northern Wyoming. The cooperative, exempt under Section 501 (C) (12), operates with the primary goal of serving its community by supplying reliable electrical services. The rural electric cooperative, catering to 4,974 patrons and members, aims to ensure a consistent supply of electricity, thereby contributing to the daily lives and well-being of its members.
Who is the CEO of Beartooth Electric Cooperative Inc?
James E Neu is the Secretary Treasurer of Beartooth Electric Cooperative Inc.
What is the revenue of Beartooth Electric Cooperative Inc?
Beartooth Electric Cooperative Inc's revenue in 2022 was $9,977,016.
Who are the executives of Beartooth Electric Cooperative Inc and what are their salaries?
The average compensation at Beartooth Electric Cooperative Inc during 2022 was $28,805. There are 19 employees at Beartooth Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $7,125
- Related: $0
- Other: $0
- Compensation: $11,625
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $9,375
- Related: $0
- Other: $0
- Compensation: $197,256
- Related: $0
- Other: $54,666
- Compensation: $88,237
- Related: $0
- Other: $58,939
- Compensation: $119,463
- Related: $0
- Other: $80,962
- Compensation: $117,547
- Related: $0
- Other: $34,392
- Compensation: $126,699
- Related: $0
- Other: $63,620
- Compensation: $117,328
- Related: $0
- Other: $61,437
- Compensation: $121,205
- Related: $0
- Other: $64,405
Where can I find the form 990 for Beartooth Electric Cooperative Inc?
Beartooth Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beartooth Electric Cooperative Inc
Beartooth Electric Cooperative Inc, as a non-profit organization, was established with a mission to provide electrical power and utilities to its members and patrons residing in the central portion of Montana and northern Wyoming. The cooperative, operating under Section 501 (C) (12), was established with the primary objective of ensuring reliable electrical services to its community members. Its mission is rooted in the provision of essential energy resources, thereby enhancing the quality of life in the regions it serves.
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Impact
October, 2024
Beartooth Electric Cooperative Inc plays a significant role in the communities of central Montana and northern Wyoming by providing reliable electrical power and utility services to nearly 5,000 members and patrons. By serving this rural area, the cooperative ensures that residents have access to essential electricity needed for homes, businesses, and agriculture, thereby supporting local economies and improving quality of life.
The cooperative operates with a mission to facilitate the development and maintenance of electrical infrastructure, fostering energy accessibility in often underserved regions. This is critical for enhancing community resilience, enabling economic growth, and supporting the daily lives of patrons. With a focus on sustainable practices and community engagement, Beartooth Electric Cooperative also contributes to the public benefit by prioritizing member needs and encouraging energy efficiency initiatives.
Through its services, the cooperative not only enhances the electrical grid but also plays a pivotal role in community development, bringing together patrons through shared interests in energy consumption and initiatives aimed at improving their local environments. Overall, Beartooth Electric Cooperative Inc's impact is far-reaching, promoting both economic stability and fostering a connected community in its service areas.
This information is meant to be a general summary of Beartooth Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,421
- Program Service Revenue: $9,889,383
- Gross Receipts: $9,977,016
Assets and Liabilities:
- Total Assets: $19,841,892
- Total Liabilities: $9,924,043
- Net Assets: $9,917,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UTILITIES & SERVICE
Revenue
$9,889,383
Organization Details
Founding Year
1941
Phone
(406) 446-2310Principal Officer
James E Neu
Main Address
PO BOX 1110, RED LODGE, MT, 590681110
NTEE Category
Code: W80 - Public benefit
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