Beartooth Electric Cooperative Inc

Organization Overview

Beartooth Electric Cooperative Inc is located in Red Lodge, MT. The organization was established in 1953. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Beartooth Electric Cooperative Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beartooth Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2023, Beartooth Electric Cooperative Inc generated $9.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $9.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

BEARTOOTH ELECTRIC COOPERATIVE, INC. OPERATES AS A RURAL ELECTRIC UTILITY ON A NON PROFIT BASIS BY PROVIDING ELECTRICAL POWER AND UTILITY SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN CENTRAL PORTION OF MONTANA AND NORTHERN WYOMING. THE COOPERATIVE IS EXEMPT UNDER SECTION 501 (C) (12).

Describe the Organization's Program Activity:

Part 3 - Line 4a

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES TO 5,041 PATRONS AND MEMBERS LOCATED IN CENTRAL MONTANA AND NORTHERN WYOMING.


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Board, Officers & Key Employees

Name (title)Compensation
Arleen Boyd
Director
$6,600
Roxie Melton
Secretary Treasurer
$7,300
Daniel Dutton
Director
$7,050
Ralph Lewis
Director
$7,750
Daniel Yates
Director
$3,875
William Pascoe
Vice President
$6,875

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rocky Mountain Contractors Inc
Substation Contractor
$695,723
Davey Tree Surgery
Tree Trimming
$246,269
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,730,017
Investment income $12,926
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,081
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,780,491

Peer Organizations

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$18,980,007
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Park Electric Cooperative Incorporated
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$16,514,104
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Big Horn Rural Electric Company
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Sheridan Electric Co-Op Inc
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Cherry-Todd Electric Cooperative Inc
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Bridger Valley Electric Association Inc
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Oahe Electric Cooperative Inc
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$14,214,626
Kem Electric Cooperative Inc
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Lincoln Electric Cooperative Inc
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$15,263,041
H-D Electric Cooperative Inc
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$13,935,647
Sun River Electric Cooperative Inc
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$13,447,433
Niobrara Electric Association Inc
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Grand Electric Cooperative Inc
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$13,787,062
Tongue River Electric Cooperative Inc
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Bon Homme-Yankton Electric Association Inc
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