BEARTOOTH ELECTRIC COOPERATIVE INC

EIN: 810109712

RED LODGE, MT

Total Revenue
$9,994,508
Total Expenses
$9,801,777
Total Assets
$22,014,049
Net Assets
$10,352,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
MT
Principal Officer
JAMES E NEU
Phone
4064462310
Tax Period
2024-01-01 to 2024-12-31

BEARTOOTH ELECTRIC COOPERATIVE INC, founded in 1941, is a community nonprofit that reported $10.0M in total revenue in fiscal year 2024.

Mission

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).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,921,926
Investment Income $12,263
Other Revenue $60,319
TOTAL REVENUE $9,994,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $589,662
Fundraising Expenses $0
Other Expenses $8,713,473
TOTAL EXPENSES $9,801,777

Year-over-Year Comparison

2024 2023 Change
Revenue $9,994,508 $9,780,491 +0.0%
Expenses $9,801,777 $9,538,132 +0.0%
Net Income $192,731 $242,359 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
22
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$412,899
Total Directors
8
$46,750
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARLEEN BOYD DIRECTOR 6.42
Director
$4,375 $0 $4,375
ROXIE MELTON SECRETARY TREASURER 5.00
Officer Director
$12,500 $0 $12,500
DANIEL DUTTON DIRECTOR 2.04
Director
$3,375 $0 $3,375
RALPH LEWIS DIRECTOR 1.67
Director
$4,750 $0 $4,750
DANIEL YATES DIRECTOR 1.38
Director
$5,250 $0 $5,250
WILLIAM PASCOE VICE PRESIDENT 5.73
Officer Director
$6,500 $0 $6,500
JIM NEU PRESIDENT 3.73
Officer Director
$8,375 $0 $8,375
MIKE SPECHT DIRECTOR 0.92
Director
$1,625 $0 $1,625
PATRICK PATTERSON GENERAL MANAGER 40.00
Officer
$192,640 $54,396 $247,036
SARAH GRAVES ACCOUNTANT 40.00
Officer
$108,564 $29,924 $138,488
JAMES AVENT LINEMAN 40.00
Highest
$127,919 $67,656 $195,575
JAMES C PIHL LINEMAN 40.00
Highest
$124,581 $36,270 $160,851
GUY BEHRENT LINEMAN 40.00
Highest
$138,135 $69,514 $207,649
TYLER GRONBECK LINEMAN 40.00
Highest
$131,995 $35,471 $167,466
SAMUEL WALKOWIAK LINEMAN 40.00
Highest
$128,806 $69,514 $198,320
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,994,508 $9,801,777 $22,014,049 $192,731
2023 $9,780,491 $9,538,132 $21,076,944 $242,359
2022 $9,977,016 $9,557,877 $19,841,892 $419,139
2021 $9,512,257 $9,230,694 $19,770,927 $281,563
2020 $9,277,445 $9,072,456 $20,112,164 $204,989
2019 $9,034,426 $9,054,946 $20,677,477 $-20,520
2018 $8,756,783 $8,461,527 $21,475,672 $295,256
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