NonprofitsFergus Electric Cooperative Inc

Fergus Electric Cooperative Inc

LEWISTOWN, MT

Total revenue

$30.4M

Total expenses

$30.4M

Net assets

$45.4M

Grants received

EIN

810134746

Tax year

2024

Mission

The mission of fergus electric cooperative is to provide reliable, safe, and affordable energy services to the communities we serve. Who we are: we are a non-profit cooperative utility owned, operated and supported by members in central montana.what we do: we distribute electricity and ancillary services to 14 central montana counties: blaine, cascade, choteau, fergus, golden valley, judith basin, meagher, musselshell, petroleum, stillwater, sweet grass, treasure, wheatland, and yellowstone.what we value: we value integrity, reliability, quality, affordability, and employees in serving our community and member-owners.what we aspire to become: we are working to become the trusted provider for all energy and energy related services that our members require.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$28.0M
Investment income$213K
Other revenue$2.2M
Total revenue$30.4M

Expenses

Grants paid
Salaries & benefits$798K
Fundraising
Other expenses$26.3M
Total expenses$30.4M
Total assets$69.4M
Net assets$45.4M

People

13 listed

NameRoleCompensation

CARSON SWEENEY

GENERAL MANAGER

Board

$200K

40 hrs/wk

JASON SWANZ

SECRETARY/TREASURER

Board

$44K

6.08 hrs/wk

BRAD ARNTZEN

ASSISTANT SEC/TREAS

Board

$41K

8.02 hrs/wk

PAUL DESCHEEMAEKER

PRESIDENT

Board

$35K

9.43 hrs/wk

TERRY FROST

VICE PRESIDENT

Board

$33K

8.82 hrs/wk

CATHY KOMBOL

BOARD MEMBER

Board

$32K

5.42 hrs/wk

BRETT MAXWELL

BOARD MEMBER

Board

$18K

7.08 hrs/wk

BOB EVANS

BOARD MEMBER

Board

$18K

4.69 hrs/wk

SALLY HORACEK

OFFICE MANAGER

Staff

$157K

40 hrs/wk

DALE RIKALA

LINE SUPERINTENDENT

Staff

$155K

40 hrs/wk

BRIAN GODBEY

SERVICEMAN/METER TECH

Staff

$137K

40 hrs/wk

BRET OPHUS

LINE SUPERINTENDENT

Staff

$135K

40 hrs/wk

MARK SCHWOMEYER

FOREMAN

Staff

$135K

40 hrs/wk

Details

EIN810134746
Subsection12
Ruling date1940-05
Formed1938
Employees33
Volunteers0
FERGUS ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo