Bridger Valley Electric Association Inc is located in Mountain View, WY. The organization was established in 1940. 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 12/2021, Bridger Valley Electric Association Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridger Valley Electric Association 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 12/2021, Bridger Valley Electric Association Inc generated $13.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $13.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SALE OF ELECTRIC POWER AND INTERNET SERVICE TO MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALE OF ELECTRIC UTILITY SERVICE TO MEMBERS.
PROVIDE INTERNET SERVICE TO MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas J Redden General Manager | Officer | 40 | $162,959 |
Andrew J Hewitt Operations Mgr | 40 | $132,064 | |
Justin Sweep Office/fin Mgr | Officer | 40 | $117,600 |
Roger Tims Internet Manager | 40 | $111,917 | |
Bobby Larsen Operation Super | 42 | $107,941 | |
Gregg Moretti Info Tech Mgr | 40 | $102,639 |
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 | $13,269,255 |
Investment income | $169,874 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$8,885 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,942 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,433,186 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $1,066,568 |
Compensation of current officers, directors, key employees. | $542,637 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,176,259 |
Pension plan accruals and contributions | $401,124 |
Other employee benefits | $757,460 |
Payroll taxes | $186,697 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $316,847 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,381,954 |
Insurance | $0 |
All other expenses | -$3,220,715 |
Total functional expenses | $13,433,186 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $600 |
Savings and temporary cash investments | $804,357 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,526,512 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $507,921 |
Prepaid expenses and deferred charges | $88,195 |
Net Land, buildings, and equipment | $24,841,939 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $1,181,126 |
Intangible assets | $0 |
Other assets | $780,556 |
Total assets | $29,731,206 |
Accounts payable and accrued expenses | $2,101,864 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $6,805,567 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $813,325 |
Total liabilities | $9,720,756 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $20,010,450 |
Total liabilities and net assets/fund balances | $29,731,206 |
Organization Name | Assets | Revenue |
---|---|---|
Y W Electric Association Inc Colorado Rea 38 Akron, CO | $130,403,627 | $47,254,335 |
Dixie Escalante Rural Beryl, UT | $171,660,221 | $52,285,597 |
Morgan County Rural Electric Association Fort Morgan, CO | $104,279,755 | $45,102,816 |
San Luis Valley Rural Electric Cooperative Inc Monte Vista, CO | $146,227,571 | $40,584,660 |
Mountain Parks Electric Inc Granby, CO | $112,547,054 | $41,154,955 |
West River Electric Association Inc Wall, SD | $136,764,788 | $38,874,089 |
Yellowstone Valley Electric Cooperative Inc Huntley, MT | $80,881,351 | $39,379,515 |
Southeast Colorado Power Association La Junta, CO | $108,651,331 | $38,826,688 |
Grand Valley Rural Power Lines Inc Grand Junction, CO | $88,238,396 | $34,734,443 |
San Miguel Power Association Inc Nucla, CO | $92,922,592 | $33,342,574 |
Fall River Rural Electric Cooperative Inc Ashton, ID | $121,834,255 | $35,032,975 |
Midwest Electric Cooperative Corporation Grant, NE | $80,947,030 | $30,806,010 |