Big Horn County Electric Cooperative In

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810111221 ✦ Hardin, MT ✦ Designated as a 501(c)(12)

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Overview

What is Big Horn County Electric Cooperative In?

Big Horn County Electric Cooperative In, located at 303 S Mitchell Ave, Hardin, MT 59034, is a rural electric cooperative serving over 2,300 members across portions of Big Horn County, Montana, and Sheridan County, Wyoming. Established with the mission to provide electrical power and services, the cooperative employs a team of 20 individuals to ensure the distribution of electricity and related utilities to its primarily rural member base in southeastern Montana. The cooperative's activities are primarily focused on meeting the energy needs of its members, contributing to the overall well-being and development of these communities.


Official website here: www.bhcec.com

Is Big Horn County Electric Cooperative In legitimate?

Big Horn County Electric Cooperative In is a legitimate nonprofit organization registered as a 501(c)(12) entity. Big Horn County Electric Cooperative In 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: $466,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,472

For more financial information, click here


Official website here: www.bhcec.com

What is the mission statement of Big Horn County Electric Cooperative In?

The mission of the Big Horn County Electric Cooperative, in its essence, is to serve its rural community members primarily in south eastern Montana and parts of Wyoming. Established as a rural electric cooperative, its primary goal is to provide reliable electrical power and essential services to its over 2,300 members. The cooperative is dedicated to ensuring that its resources and activities are geared towards the distribution of electrical energy and associated services, thereby contributing to the well-being and development of its community.


Official website here: www.bhcec.com

Who is the CEO of Big Horn County Electric Cooperative In?

Derek Sorley is the General Manager of Big Horn County Electric Cooperative In.


Official website here: www.bhcec.com

What is the revenue of Big Horn County Electric Cooperative In?

Big Horn County Electric Cooperative In's revenue in 2022 was $8,340,373.


Official website here: www.bhcec.com

Who are the executives of Big Horn County Electric Cooperative In and what are their salaries?

The average compensation at Big Horn County Electric Cooperative In during 2022 was $82,119. There are 20 employees at Big Horn County Electric Cooperative In.


Here are 12 key members and their salaries:


Derek Sorley (General Manager)
  • Compensation: $156,075
  • Related: $0
  • Other: $67,037
Monte Russel (Operations Manager)
  • Compensation: $115,015
  • Related: $0
  • Other: $58,026
Ashley Gietzen (Finance Mgr)
  • Compensation: $78,998
  • Related: $0
  • Other: $47,846
Brett Nedens (President)
  • Compensation: $13,717
  • Related: $0
  • Other: $0
Nengfeng Irene Stevens (Director)
  • Compensation: $13,427
  • Related: $0
  • Other: $0
Lila Taylor (Vice President)
  • Compensation: $13,327
  • Related: $0
  • Other: $0
Spencer Kehler (Director)
  • Compensation: $13,327
  • Related: $0
  • Other: $0
Todd Graham (Director)
  • Compensation: $13,227
  • Related: $0
  • Other: $0
John Mehling (Director)
  • Compensation: $13,227
  • Related: $0
  • Other: $0
Lamont Herman (Director)
  • Compensation: $13,227
  • Related: $0
  • Other: $0
Hale C Jeffers Jr (Director)
  • Compensation: $13,027
  • Related: $0
  • Other: $0
Edward Watt (Secretary-Treas)
  • Compensation: $10,438
  • Related: $0
  • Other: $0


Official website here: www.bhcec.com

Where can I find the form 990 for Big Horn County Electric Cooperative In?

Big Horn County Electric Cooperative In's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bhcec.com

Learn more at the official website: www.bhcec.com

Mission Statement of Big Horn County Electric Cooperative In

Big Horn County Electric Cooperative, as a rural electric cooperative, was established with a mission to provide electrical power and services to its members. Situated primarily in rural southeastern Montana and parts of Sheridan County, Wyoming, this cooperative is dedicated to serving its community. The cooperative's resources and activities are geared towards distributing electricity and associated services to over 2,300 members in these regions. The mission of Big Horn County Electric Cooperative is to ensure its members have reliable access to electrical power, thereby contributing to their overall quality of life and development in these rural communities.

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Impact




October, 2024

Big Horn County Electric Cooperative provides essential electricity and services to over 2,300 members in rural southeastern Montana and parts of Sheridan County, Wyoming. By facilitating the distribution of electrical power, the cooperative plays a vital role in enhancing the quality of life for its members, ensuring access to reliable energy needed for homes, businesses, and agricultural operations. This access promotes economic growth and stability in rural areas, fostering community development and improving overall living conditions. The cooperative's commitment to serving its members supports energy independence and sustainability within the region, making a significant positive impact on the communities it serves.




This information is meant to be a general summary of Big Horn County Electric Cooperative In. 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.

Revenue
$8,340,373 (2022)
Expenses
$8,064,490 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $58,965
  • Program Service Revenue: $8,267,242
  • Gross Receipts: $8,340,373

Assets and Liabilities:

  • Total Assets: $19,846,077
  • Total Liabilities: $11,228,217
  • Net Assets: $8,617,860

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Other operating revenue

Revenue

$79,926

Sales of electricity

Revenue

$8,187,316

Organization Details

Founding Year

1939

Principal Officer

Derek Sorley

Main Address

303 S Mitchell Ave, Hardin, MT, 59034

NTEE Category

Code: W80 - Public benefit

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