Totals
- Total revenue
- $47,894,696
- Total expenses
- $47,987,777
- Contributions and grants received
- $0
- Grants paid
- $5,024
- Program service revenue
- $47,354,651
- Investment income
- $367,274
- Other revenue
- $172,771
- Total assets, end of year
- $118,130,840
- Total liabilities, end of year
- $55,584,480
- Net assets or fund balances, end of year
- $62,546,360
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SALES OF ELECTRICITY
total $46,085,207 · related or exempt $46,085,207
-
2b · Program service revenue: PATRONAGE DIVIDENDS
total $766,221 · related or exempt $766,221
-
2c · Program service revenue: SERVICE FEES
total $440,335 · related or exempt $440,335
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $62,888 · related or exempt $62,888
-
3 · Investment income
total $346,413 · excluded $346,413
-
6a · Gross rents
real property $16,736
-
6b · Less rental expenses
real property $27,657
-
6c · Rental income or loss
real property -$10,921
-
6d · Net rental income or loss
total -$10,921 · excluded -$10,921
-
7a · Gross sales of assets other than inventory
other assets $20,861
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $20,861
-
7d · Net gain or loss
total $20,861 · related or exempt $20,861
-
11a · Other revenue: POLE ATTACHMENT INCOME
total $183,692 · excluded $183,692
-
11e · Other revenue, total
$183,692
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,024
-
4 · Benefits paid to or for members
total $2,428,092
-
5 · Compensation of officers, directors and key employees
total $2,043,133
-
7 · Other salaries and wages
total $4,704,049
-
8 · Pension plan contributions
total $379,786
-
9 · Other employee benefits
total $718,362
-
10 · Payroll taxes
total $501,849
-
20 · Interest
total $1,422,853
-
22 · Depreciation, depletion and amortization
total $3,651,966
-
24a · Other expenses: PURCHASED POWER
total $26,123,418
-
24b · Other expenses: ADMIN & GENERAL EXPENSE
total $3,070,682
-
24c · Other expenses: DISTRIBUTION EXPENSE
total $1,947,242
-
24d · Other expenses: PROPERTY TAX EXPENSE
total $543,044
-
24e · All other expenses
total $448,277
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,189,693 · end of year $7,865,378
-
2 · Savings and temporary cash investments
beginning of year $8,801 · end of year $250,656
-
4 · Accounts receivable
beginning of year $3,672,698 · end of year $3,171,111
-
8 · Inventories for sale or use
beginning of year $6,001,925 · end of year $5,938,119
-
9 · Prepaid expenses and deferred charges
beginning of year $554,907 · end of year $632,105
-
10a · Land, buildings and equipment: cost or other basis
$117,521,843
-
10b · Land, buildings and equipment: accumulated depreciation
$48,405,149
-
10c · Land, buildings and equipment, net
beginning of year $71,296,008 · end of year $69,116,694
-
12 · Investments: other securities
beginning of year $442,468 · end of year $481,855
-
13 · Investments: program-related
beginning of year $25,042,602 · end of year $25,285,587
-
15 · Other assets
beginning of year $4,844,579 · end of year $5,389,335
-
17 · Accounts payable and accrued expenses
beginning of year $5,283,626 · end of year $5,628,341
-
23 · Secured mortgages and notes payable
beginning of year $42,529,327 · end of year $41,238,476
-
25 · Other liabilities
beginning of year $8,664,286 · end of year $8,717,663
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $60,576,442 · end of year $62,546,360
Mission and programs · 2024
Mission
MOUNTAIN PARKS ELECTRIC DELIVERS SAFE, RELIABLE, COST-EFFECTIVE, SUSTAINABLE ENERGY AND SERVCIES TO BETTER THE LIVES OF OUR MEMBERS AND COMMUNITY.
Activities or mission (Part I)
SALE OF ELECTRICITY TO MEMBERS.
-
SOLD AND DISTRIBUTED ELECTRICITY TO RURAL MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 23,021 ACTIVE SERVICES AT YEAR END.
As filed on the 2024 return.
Listed in Part VII
-
Frank C Healy JrFRANK C HEALY JR
SECRETARY/TREASURER
- Total calculated
- $21,280
- From this org
- $21,280
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.29
-
Elizabeth McIntyreELIZABETH MCINTYRE
PRESIDENT
- Total calculated
- $20,000
- From this org
- $20,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.18
-
Mark VoltMARK VOLT
DIRECTOR
- Total calculated
- $15,500
- From this org
- $15,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.25
-
David Harry WattenbergDAVID HARRY WATTENBERG
DIRECTOR
- Total calculated
- $14,500
- From this org
- $14,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.63
-
Ryan ZornRYAN ZORN
DIRECTOR
- Total calculated
- $13,500
- From this org
- $13,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.56
-
Justin FoshaJUSTIN FOSHA
VICE PRESIDENT
- Total calculated
- $12,500
- From this org
- $12,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.56
-
Mike SjobakkenMIKE SJOBAKKEN
DIRECTOR
- Total calculated
- $12,500
- From this org
- $12,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Virginia HarmanVIRGINIA HARMAN
GENERAL MANAGER/CEO
- Total calculated
- $407,960
- From this org
- $333,967
- From related orgs
- $0
- Other
- $73,993
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $305,336
- Bonus
- $3,351
- Other
- $25,280
- Deferred
- $34,675
- Nontaxable benefits
- $39,318
- Filer's total
- $407,960
-
Emily MeekEMILY MEEK
MANAGER OF ACCOUNTING
- Total calculated
- $290,796
- From this org
- $231,237
- From related orgs
- $0
- Other
- $59,559
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $226,814
- Bonus
- $3,910
- Other
- $513
- Deferred
- $25,505
- Nontaxable benefits
- $34,054
- Filer's total
- $290,796
-
Susan HendersonSUSAN HENDERSON
VP ENGINEERING
- Total calculated
- $257,295
- From this org
- $196,452
- From related orgs
- $0
- Other
- $60,843
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $192,088
- Bonus
- $3,347
- Other
- $1,017
- Deferred
- $22,219
- Nontaxable benefits
- $38,624
- Filer's total
- $257,295
-
Adam PaulsonADAM PAULSON
VP OPERATIONS
- Total calculated
- $255,145
- From this org
- $194,921
- From related orgs
- $0
- Other
- $60,224
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $190,995
- Bonus
- $3,486
- Other
- $440
- Deferred
- $22,037
- Nontaxable benefits
- $38,187
- Filer's total
- $255,145
-
Joseph S PalmerJOSEPH S PALMER
VP INFORMATION TECHNOLOGY
- Total calculated
- $249,203
- From this org
- $199,560
- From related orgs
- $0
- Other
- $49,643
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $179,956
- Bonus
- $3,347
- Other
- $16,257
- Deferred
- $20,764
- Nontaxable benefits
- $28,879
- Filer's total
- $249,203
-
Aaron StreetAARON STREET
VP MEMBER RELATIONS/COMM.
- Total calculated
- $248,313
- From this org
- $201,438
- From related orgs
- $0
- Other
- $46,875
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $197,104
- Bonus
- $3,673
- Other
- $661
- Deferred
- $22,027
- Nontaxable benefits
- $24,848
- Filer's total
- $248,313
-
Angela WallaceANGELA WALLACE
VP HUMAN RESOURCES
- Total calculated
- $224,641
- From this org
- $189,846
- From related orgs
- $0
- Other
- $34,795
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $181,948
- Bonus
- $3,483
- Other
- $4,415
- Deferred
- $20,157
- Nontaxable benefits
- $14,638
- Filer's total
- $224,641
-
Joseph LanceJOSEPH LANCE
JOURNEYMAN LINEMAN
- Total calculated
- $286,277
- From this org
- $255,215
- From related orgs
- $0
- Other
- $31,062
- Hours/week
- 53
Schedule J breakdown matched by us
- Base
- $109,302
- Bonus
- $3,070
- Other
- $142,843
- Deferred
- $11,439
- Nontaxable benefits
- $19,623
- Filer's total
- $286,277
-
Drew ChristensenDREW CHRISTENSEN
LINE SUPERVISOR
- Total calculated
- $217,499
- From this org
- $163,719
- From related orgs
- $0
- Other
- $53,780
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $159,858
- Bonus
- $3,602
- Other
- $259
- Deferred
- $15,366
- Nontaxable benefits
- $38,414
- Filer's total
- $217,499
-
Chase GainesCHASE GAINES
CREW FOREMAN
- Total calculated
- $211,804
- From this org
- $160,888
- From related orgs
- $0
- Other
- $50,916
- Hours/week
- 47
Schedule J breakdown matched by us
- Base
- $157,279
- Bonus
- $3,373
- Other
- $236
- Deferred
- $14,140
- Nontaxable benefits
- $36,776
- Filer's total
- $211,804
-
Helen SedlarHELEN SEDLAR
GRANT COORDINATOR
- Total calculated
- $181,185
- From this org
- $154,539
- From related orgs
- $0
- Other
- $26,646
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $143,605
- Bonus
- $4,180
- Other
- $6,754
- Deferred
- $13,374
- Nontaxable benefits
- $13,272
- Filer's total
- $181,185
-
Shanw AxtellSHANW AXTELL
SCADA & SUB TECH
- Total calculated
- $178,713
- From this org
- $151,438
- From related orgs
- $0
- Other
- $27,275
- Hours/week
- 46
Schedule J breakdown matched by us
- Base
- $142,352
- Bonus
- $4,134
- Other
- $4,952
- Deferred
- $13,477
- Nontaxable benefits
- $13,798
- Filer's total
- $178,713
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MOUNTAIN PARKS ELECTRIC CHARITABLE TRUST
501(C)(3) · DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE COOP'S SERVICE AREA · CO · controlled entity
Directly controlled by MOUNTAIN PARKS ELECTRIC INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MOUNTAIN PARKS SERVICES INC
C · SOLAR POWER · CO · 100% owned · share of income $280,227 · share of assets $2,582,874 · controlled entity
Directly controlled by MOUNTAIN PARKS ELECTRIC INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349311403
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.