Powered by CharityEZ

Charity report ready

FERGUS ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

FERGUS ELECTRIC COOPERATIVE INC

EIN 81-0134746 · Mutual & Membership Benefit (Y)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.28%of revenue went to mission work100.0% of expenses · Program services
$100.00spent for every $100 of revenueRevenue covered expenses this year.
$2.29in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $291,453 for CARSON SWEENEY (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,455,586
Mission workProgram services$24,939,40079.28% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$6,516,18620.72% of revenueShown in gray on the chart
Total expenses$24,939,40079.28% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 79.28% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.23% of revenue

Money in and money out

Revenue$30,368,742
Expenses$30,368,742

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,939,400 · 82.1% of expenses
See all reported dollar amounts
Revenue$30,368,742
Expenses$30,368,742
Assets$69,397,260
Income$30,368,742
Mission work (program services)$24,939,400
Accounting fees$21,995
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CARSON SWEENEYGENERAL MANAGER · 40 hrs/week $291,453Base $199,610 · Other $91,843
SALLY HORACEKOFFICE MANAGER · 40 hrs/week $237,863Base $157,436 · Other $80,427
DALE RIKALALINE SUPERINTENDENT · 40 hrs/week $234,924Base $154,740 · Other $80,184
BRIAN GODBEYSERVICEMAN/METER TECH · 40 hrs/week $217,727Base $137,308 · Other $80,419
BRET OPHUSLINE SUPERINTENDENT · 40 hrs/week $211,662Base $135,284 · Other $76,378
MARK SCHWOMEYERFOREMAN · 40 hrs/week $190,333Base $135,214 · Other $55,119
JASON SWANZSECRETARY/TREASURER · 6 hrs/week $43,759
BRAD ARNTZENASSISTANT SEC/TREAS · 8 hrs/week $41,144
PAUL DESCHEEMAEKERPRESIDENT · 9 hrs/week $35,125
TERRY FROSTVICE PRESIDENT · 9 hrs/week $32,500
CATHY KOMBOLBOARD MEMBER · 5 hrs/week $32,250
BRETT MAXWELLBOARD MEMBER · 7 hrs/week $18,260

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

CARSON SWEENEYGENERAL MANAGER

SALLY HORACEKOFFICE MANAGER

DALE RIKALALINE SUPERINTENDENT

BRIAN GODBEYSERVICEMAN/METER TECH

BRET OPHUSLINE SUPERINTENDENT

MARK SCHWOMEYERFOREMAN

JASON SWANZSECRETARY/TREASURER

BRAD ARNTZENASSISTANT SEC/TREAS

PAUL DESCHEEMAEKERPRESIDENT

TERRY FROSTVICE PRESIDENT

CATHY KOMBOLBOARD MEMBER

BRETT MAXWELLBOARD MEMBER

BOB EVANSBOARD MEMBER

About this charity

Recognized since
January 1940
Location
84423 US HWY 87, LEWISTOWN, MT 59457
County
Fergus
In care of
CARSON SWEENEY
Primary officer
CARSON SWEENEY, GENERAL MANAGER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DOUGLAS WILSON & COMPANY PC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free