Overview
What is Fergus Electric Cooperative?
Fergus Electric Cooperative is a non-profit utility company based in Lewistown, Montana, serving 14 central Montana counties: Blaine, Cascade, Choteau, Fergus, Golden Valley, Judith Basin, Meagher, Musssellshell, Petroleum, Stillwater, Sweet Grass, Treasure, Wheatland, and Yellowstone. The cooperative, owned and supported by local members, aims to provide reliable, safe, and affordable energy services to these communities. With a team of 34 employees, Fergus Electric Cooperative values integrity, reliability, quality, affordability, and its employees in serving its member-owners. The cooperative aspires to be the trusted energy provider for all energy-related services required by its members.
Official website here: www.ferguselectric.coop/
Is Fergus Electric Cooperative legitimate?
Fergus Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fergus Electric Cooperative 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $372,506
For more financial information, click here
Official website here: www.ferguselectric.coop/
What is the mission statement of Fergus Electric Cooperative?
Fergus Electric Cooperative is a non-profit utility cooperative dedicated to providing reliable, safe, and affordable energy services to the communities it serves in Central Montana. As a cooperative, it is owned, operated, and supported by its members. The cooperative's mission is to distribute electricity and ancillary services to 14 counties: Blaine, Cascade, Choteau, Fergus, Golden Valley, Judith Basin, Meagher, Musssellshell, Petroleum, Stillwater, Sweet Grass, Treasure, Wheatland, and Yellowstone. Values such as integrity, reliability, quality, affordability, and employees' role in serving the community and member-owners drive the cooperative. Fergus Electric Cooperative aspires to become the trusted provider for all energy and energy-related services required by its members.
Official website here: www.ferguselectric.coop/
Who is the CEO of Fergus Electric Cooperative?
Carson Sweeney is the Employee of Fergus Electric Cooperative.
Official website here: www.ferguselectric.coop/
What is the revenue of Fergus Electric Cooperative?
Fergus Electric Cooperative's revenue in 2022 was $29,316,943.
Official website here: www.ferguselectric.coop/
Who are the executives of Fergus Electric Cooperative and what are their salaries?
The average compensation at Fergus Electric Cooperative during 2022 was $10,956. There are 34 employees at Fergus Electric Cooperative.
Here are 7 key members and their salaries:
- Compensation: $165,785
- Related: $0
- Other: $0
- Compensation: $5,625
- Related: $0
- Other: $37,709
- Compensation: $1,750
- Related: $0
- Other: $40,875
- Compensation: $2,500
- Related: $0
- Other: $32,734
- Compensation: $3,375
- Related: $0
- Other: $29,103
- Compensation: $3,375
- Related: $0
- Other: $29,103
- Compensation: $2,625
- Related: $0
- Other: $29,103
Official website here: www.ferguselectric.coop/
Where can I find the form 990 for Fergus Electric Cooperative?
Fergus Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ferguselectric.coop/
Learn more at the official website: www.ferguselectric.coop/
Mission Statement of Fergus Electric Cooperative
Fergus Electric Cooperative, a non-profit cooperative utility, is dedicated to providing reliable, safe, and affordable energy services to the communities it serves in Central Montana. This mission-driven organization is owned, operated, and supported by its members, who depend on Fergus Electric Cooperative for their energy needs.
The cooperative's primary role is to distribute electricity and ancillary services to 14 central Montana counties: Blaine, Cascade, Choteau, Fergus, Golden Valley, Judith Basin, Meagher, Mussshell, Petroleum, Stillwater, Sweet Grass, Treasure, Wheatland, and Yellowstone. The team at Fergus Electric Cooperative values integrity, reliability, quality, affordability, and employees in serving their community and member-owners.
Fergus Electric Cooperative aspires to become the trusted provider for all energy and energy-related services that its members require. The organization's dedication to its mission is evident in its commitment to providing dependable energy solutions, ensuring the safety of its services, and maintaining affordable rates for its members. With a strong focus on community and member satisfaction, Fergus Electric Cooperative continues to strive for excellence in the energy industry.
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Impact
October, 2024
Fergus Electric Cooperative plays a vital role in supporting the communities of central Montana by providing reliable, safe, and affordable electricity services. Serving 14 counties—including Blaine, Cascade, Choteau, and Yellowstone—the cooperative ensures that local residents and businesses have access to essential energy resources.
The cooperative's commitment to integrity, reliability, quality, and affordability reflects its dedication to the well-being of its member-owners. This focus on community service is not just about energy distribution; it encompasses a broader mission to become the trusted provider for all energy and energy-related needs.
Fergus Electric also fosters a sense of community by being member-owned and operated, ensuring that the voices and needs of local citizens are prioritized. The cooperative engages with its members to understand their energy requirements better, leading to tailored services that enhance the quality of life in the region. By investing in local infrastructure and maintaining high standards of service, Fergus Electric Cooperative significantly contributes to the economic stability and growth of central Montana.
This information is meant to be a general summary of Fergus Electric Cooperative. 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: $35,203
- Program Service Revenue: $28,345,496
- Gross Receipts: $29,316,943
Assets and Liabilities:
- Total Assets: $54,389,942
- Total Liabilities: $14,571,735
- Net Assets: $39,818,207
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FROM CSA IMPORT
Revenue
$28,345,496
Organization Details
Founding Year
1938
Phone
(406) 538-3465Principal Officer
Carson Sweeney
Main Address
84423 US HIGHWAY 87, LEWISTOWN, MT, 59457
Website
www.ferguselectric.coop/NTEE Category
Code: W80 - Public benefit
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