Big Horn Rural Electric Company

EIN: 830105430

Basin, WY

Total Revenue
$17,350,508
Total Expenses
$16,421,583
Total Assets
$44,858,365
Net Assets
$17,393,190
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
WY
Principal Officer
Jeff Pillow
Phone
3075682419
Tax Period
2024-01-01 to 2024-12-31

Big Horn Rural Electric Company, founded in 1937, is a mid-sized nonprofit that reported $17.4M in total revenue in fiscal year 2024. Expenses of $16.4M left a modest 5% surplus.

Mission

To supply electrical services to patrons and members located in Wyoming and Montana. The cooperative serves approximately 4,100 meters.

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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 $17,005,042
Investment Income $327,233
Other Revenue $18,233
TOTAL REVENUE $17,350,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,542,005
Fundraising Expenses $0
Other Expenses $14,359,727
TOTAL EXPENSES $16,421,583

Year-over-Year Comparison

2024 2023 Change
Revenue $17,350,508 $16,378,759 +0.1%
Expenses $16,421,583 $16,059,596 +0.0%
Net Income $928,925 $319,163 +1.9%
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
5
Independent Members
N/A
Employees
16
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
$146,543
Total Directors
5
$70,500
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Umplett General Manager 40.00
$313,860 $93,848 $407,708
Clint Getzfreid General Foreman 47.00
Highest
$136,609 $52,634 $189,243
Russell Burden Line Foreman 46.00
Highest
$120,006 $50,199 $170,205
Joseph Herman Line Foreman 44.00
Highest
$112,898 $52,634 $165,532
Randy Theasmeyer Line Superintendent 40.00
Highest
$126,457 $36,919 $163,376
Anthony Nelson Lineman 47.00
Highest
$111,497 $50,199 $161,696
Jeff Pillow General Manager 0.00
Officer
$72,833 $18,210 $91,043
John Joyce President 6.00
Officer Director
$23,600 $0 $23,600
Stephen Helburn Secretary 8.50
Officer Director
$16,500 $0 $16,500
John Fernandez Director 4.50
Director
$15,000 $0 $15,000
William Bridges Vice President 4.50
Officer Director
$12,600 $0 $12,600
Sara Schlattmann Treasurer 2.00
Officer Director
$2,800 $0 $2,800
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 $17,350,508 $16,421,583 $44,858,365 $928,925
2023 $16,378,759 $16,059,596 $41,317,939 $319,163
2022 $15,901,086 $15,549,389 $42,229,599 $351,697
2021 $16,016,362 $15,470,909 $40,876,204 $545,453
2020 $15,291,765 $14,626,551 $38,655,921 $665,214
2019 $15,817,153 $15,025,613 $39,381,156 $791,540
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