Beartooth Electric Cooperative INC

Not tax-deductible

Red Lodge, MTMutual-benefit / member-servingSince 1941EIN 81-0109712Revenue $10.2M in FY2025

On file with the IRSPo Box 1110, 59068-1110 · Red Lodge, MTTax-exempt since Jun 1953

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Rural Electric Cooperative established to provide electrical power and services to its members located in south central montana and northern wyoming.

$1.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $214K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.0M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11.3M
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.2M
+2% vs prior year
Spent
$10.2M
Net assets
$10.3M
By yearFY2020–FY2025
Revenue
$10.2M
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.3M
FY2021$9.5M
FY2022$10.0M
FY2023$9.8M
FY2024$10.0M
FY2025$10.2M
Expenses
$10.2M
FY2025▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.1M
FY2021$9.2M
FY2022$9.6M
FY2023$9.5M
FY2024$9.8M
FY2025$10.2M
Net assets
$10.3M
FY2025▼ -0.6%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.1M
FY2021$9.5M
FY2022$9.9M
FY2023$10.2M
FY2024$10.4M
FY2025$10.3M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1953.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990; $1.0M paid to officers and key staff.

Part VII, Section A · reportable compensation
General Manager
$210,091Pt VII · Sec A
Operations Manager
$136,258Pt VII · Sec A
$134,997Pt VII · Sec A
$128,058Pt VII · Sec A
$126,842Pt VII · Sec A
$126,721Pt VII · Sec A
Manager of Finance and Administration
$119,920Pt VII · Sec A
President
$11,200Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Patrick Patterson$210,091$192,640$96,963———
Kevin P Owens——$148,860$197,256$185,337$176,319
Guy Behrent$134,997$138,135$130,416$126,699$115,309$110,655
Willam K Entenmann$136,258—————
Tyler Gronbeck$128,058$131,995————
Samuel Walkowiak$126,721$128,806$122,217$121,205$117,414$110,104
James Avent$126,842$127,919$120,196—$114,629$107,476
James C Pihl—$124,581$117,807$117,547——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides electrical power and utility services to members in Montana and Wyoming.

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Provided by the organization

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1 program · in their own filed words · FY2025
01

Rural electric cooperative supplying electrical services to 5,200 patrons and members located in central montana and northern wyoming.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$10.2M
Ln 12
Fees for servicesLn 2g$10.1M
Investment incomeLn 3$38K
Other incomeLn 4–11$23K
Money outPt IX
$10.2M
Ln 25
Owns and owesPt X
$10.3M
net assets · Ln 32
Cash and savingsLn 1–2$67K
Total assetsLn 16$21.6M
LiabilitiesLn 26$11.3M
PeoplePt VI, VII
16
listed · VII A
PaidVII A16
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$10.1M
Investment incomeLn 3$38K
Other incomeLn 4–11$23K
Total revenueLn 12$10.2M
Assets in detailPt X, end of year
CashLn 1$65K
SavingsLn 2$2K
Cash and savings togetherLn 1–2$67K
InvestmentsLn 11–13$2.0M
Land, buildings, equipmentLn 10c$17.2M
Other assetsLn 15$459K
Total assetsLn 16$21.6M
LiabilitiesLn 26$11.3M
Net assetsLn 32$10.3M
OperationsPt I, VI
EmployeesI 522
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$987K$67K
InvestmentsLn 11–13$1.3M$2.0M
Land, buildings, equipmentLn 10c$17.4M$17.2M
Total assetsLn 16$22.0M$21.6M
LiabilitiesLn 26$11.7M$11.3M
Net assetsLn 32$10.4M$10.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$505K
Pay of current officers, directors and key staffLn 5$503K
Other salaries and wagesLn 7$179K
Other employee benefitsLn 9$30K
Legal feesLn 11b$77K
Accounting feesLn 11c$14K
Lobbying feesLn 11d$1K
Other fees for servicesLn 11g$29K
Office expensesLn 13$83K
Conferences, conventions and meetingsLn 19$43K
InterestLn 20$408K
Depreciation, depletion and amortizationLn 22$1.2M
InsuranceLn 23$28K
Other expenses (24a–d)Ln 24$6.4M
All other expensesLn 24e$693K
Total functional expensesLn 25$10.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $10.2M$10.2M−$58K$10.3M 990 PDF
FY2024 $10.0M$9.8M$193K$10.4M 990 PDF
FY2023 $9.8M$9.5M$242K$10.2M 990 PDF
FY2022 $10.0M$9.6M$419K$9.9M 990 PDF
FY2021 $9.5M$9.2M$282K$9.5M 990 PDF
FY2020 $9.3M$9.1M$205K$9.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $10,154,642 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $9,921,926$10,093,246
I-10 Investment incomePrior year $12,263$38,375
I-11 Other revenuePrior year $60,319$23,021
I-12 Total revenuePrior year $9,994,508$10,154,642
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $498,642$505,161
I-15 Salaries and benefitsPrior year $589,662$711,816
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,713,473$8,995,378
I-18 Total expensesPrior year $9,801,777$10,212,355
I-19 Revenue less expensesPrior year $192,731−$57,713
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,154,642 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,093,246$10,093,246
VIII-3 Investment incomeExcluded from tax $38,375$38,375
VIII-6 Net rental income or lossExcluded from tax $12,031$12,031
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,990$10,990
VIII-12 Total revenueRelated to mission $10,104,236 · Unrelated business $0 · Excluded from tax $50,406$10,154,642
Part IX · Statement of functional expenses $10,212,355 across 15 lines filed
IX-4 Benefits paid to or for members$505,161
IX-5 Pay of current officers, directors and key staff$503,016
IX-7 Other salaries and wages$178,807
IX-9 Other employee benefits$29,993
IX-11b Legal fees$77,414
IX-11c Accounting fees$14,000
IX-11d Lobbying fees$1,195
IX-11g Other fees for services$29,137
IX-13 Office expenses$83,118
IX-19 Conferences, conventions and meetings$43,016
IX-20 Interest$407,545
IX-22 Depreciation, depletion and amortization$1,218,150
IX-23 Insurance$28,453
IX-24 Other expenses (24a–d)$6,400,779
IX-24e All other expenses$692,571
IX-25 Total functional expenses$10,212,355
Part X · Balance sheet $21,621,588 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $461,195$65,172
X-2 Savings and temporary cash investmentsStart of year $525,476$1,544
X-4 Accounts receivableStart of year $985,628$1,031,783
X-8 Inventories for sale or useStart of year $993,464$685,076
X-9 Prepaid expenses and deferred chargesStart of year $232,109$133,711
X-10c Land, buildings and equipment, netStart of year $17,397,373$17,232,262
X-13 Program-related investmentsStart of year $1,273,525$2,012,897
X-15 Other assetsStart of year $145,279$459,143
X-16 Total assetsStart of year $22,014,049$21,621,588
X-17 Accounts payable and accrued expensesStart of year $1,780,518$1,498,879
X-25 Other liabilitiesStart of year $792,589$1,313,227
X-26 Total liabilitiesStart of year $11,661,110$11,326,362
X-32 Total net assets or fund balancesStart of year $10,352,939$10,295,226
X-33 Total liabilities and net assetsStart of year $22,014,049$21,621,588
Part XI · Reconciliation of net assets $10,295,226 net assets at year end
XI-1 Total revenue$10,154,642
XI-2 Total expenses$10,212,355
XI-3 Revenue less expenses−$57,713
XI-4 Net assets at start of year$10,352,939
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,295,226

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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