Form 990 for tax year 2023
Filed by MONTANA ELECTRIC COOPERATIVE ASSOCIATION INC.
Totals
- Total revenue
- $3,409,124
- Total expenses
- $3,411,141
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,736,764
- Investment income
- $50,465
- Other revenue
- $1,621,895
- Total assets, end of year
- $1,476,141
- Total liabilities, end of year
- $92,604
- Net assets or fund balances, end of year
- $1,383,537
- Program services expenses (Part IX)
- $2,014,105
- Management and general expenses
- $1,397,036
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,014,105
Program services were 59.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: RURAL MT SUBSCRIPTIONS
total $860,411 · related or exempt $860,411
-
2b · Program service revenue: SAFETY LOSS DUES
total $652,407 · related or exempt $652,407
-
2c · Program service revenue: NORTHERN BROADCAST DUE
total $115,960 · related or exempt $115,960
-
2d · Program service revenue: YOUTH TOUR
total $107,986 · related or exempt $107,986
-
3 · Investment income
total $25,951 · excluded $25,951
-
6a · Gross rents
real property $7,890
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $7,890
-
6d · Net rental income or loss
total $7,890 · unrelated business $7,890
-
7a · Gross sales of assets other than inventory
other assets $35,000
-
7b · Less cost or other basis and sales expenses
other assets $10,486
-
7c · Gain or loss
other assets $24,514
-
7d · Net gain or loss
total $24,514 · related or exempt $24,514
-
11a · Other revenue: MEMBER AND AFFILIATE D
total $1,144,455 · related or exempt $1,144,455
-
11b · Other revenue: TRAINING FEES
total $256,582 · related or exempt $256,582
-
11c · Other revenue: REIMBURSED EXPENSES
total $121,024 · related or exempt $121,024
-
11d · All other revenue
total $91,944 · related or exempt $78,150 · unrelated business $13,794
-
11e · Other revenue, total
$1,614,005
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $246,789 · program services $9,634 · management and general $237,155
-
7 · Other salaries and wages
total $738,544 · program services $398,331 · management and general $340,213
-
8 · Pension plan contributions
total $240,814 · program services $104,024 · management and general $136,790
-
9 · Other employee benefits
total $247,514 · program services $99,549 · management and general $147,965
-
10 · Payroll taxes
total $73,128 · program services $31,848 · management and general $41,280
-
11b · Fees: legal
total $1,211 · program services $227 · management and general $984
-
11c · Fees: accounting
total $80,630 · program services $15,134 · management and general $65,496
-
12 · Advertising and promotion
total $835 · program services $285 · management and general $550
-
13 · Office expenses
total $10,533 · program services $5,607 · management and general $4,926
-
14 · Information technology
total $9,591 · program services $2,336 · management and general $7,255
-
17 · Travel
total $233,242 · program services $177,030 · management and general $56,212
-
20 · Interest
total $195 · program services $77 · management and general $118
-
22 · Depreciation, depletion and amortization
total $88,568 · program services $45,647 · management and general $42,921
-
23 · Insurance
total $27,932 · program services $5,312 · management and general $22,620
-
24a · Other expenses: PRINTING
total $419,982 · program services $399,059 · management and general $20,923
-
24b · Other expenses: POSTAGE
total $329,311 · program services $324,196 · management and general $5,115
-
24c · Other expenses: MEALS FOR MEETINGS/TRAI
total $146,851 · program services $66,629 · management and general $80,222
-
24d · Other expenses: BROADCAST COMMUNICATION
total $115,960 · program services $114,040 · management and general $1,920
-
24e · All other expenses
total $399,511 · program services $215,140 · management and general $184,371
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $321,866 · end of year $180,844
-
2 · Savings and temporary cash investments
beginning of year $520,122 · end of year $687,746
-
4 · Accounts receivable
beginning of year $133,792 · end of year $82,155
-
9 · Prepaid expenses and deferred charges
beginning of year $72,117 · end of year $78,548
-
10a · Land, buildings and equipment: cost or other basis
$1,116,094
-
10b · Land, buildings and equipment: accumulated depreciation
$721,576
-
10c · Land, buildings and equipment, net
beginning of year $401,417 · end of year $394,518
-
14 · Intangible assets
beginning of year $14,131 · end of year $0
-
15 · Other assets
beginning of year $113,685 · end of year $52,330
-
17 · Accounts payable and accrued expenses
beginning of year $54,136 · end of year $30,560
-
19 · Deferred revenue
beginning of year $93,433 · end of year $27,469
-
25 · Other liabilities
beginning of year $44,007 · end of year $34,575
-
27 · Net assets without donor restrictions
beginning of year $1,385,554 · end of year $1,383,537
Mission and programs · 2023
Mission
TO PROVIDE GOVERNMENTAL AFFAIRS SERVICES FOR THE BENEFIT OF MEMBERS, SAFETY TRAINING TO UTILITY COOPERATIVES, AND TO DISSEMINATE INFORMATION TO COOPERATIVE MEMBERS.
Activities or mission (Part I)
PROMOTE UTILITY COOPERATIVES' SAFETY AND DISSEMINATE INFORMATION
-
SAFETY LOSS CONTROL AND TRAINING PROGRAMS FOR MEMBER EMPLOYEES AND DIRECTORS
Expenses $835,805 · Revenue $930,403
-
RURAL MONTANA MAGAZINE PUBLICATION AND DISSEMINATION OF INFORMATION, INCLUDING BROADCAST COMMUNICATIONS
Expenses $951,605 · Revenue $954,753
-
YOUTH TOUR TO WASHINGTON DC FOR MONTANA COOPERATIVES' MEMBERS' HIGH SCHOOL STUDENTS
Expenses $112,655 · Revenue $107,986
-
DISSEMINATE INFORMATION TO MEMBERS VIA STATEWIDE RADIO AND TELEVISION BROADCASTING
Expenses $114,040 · Revenue $115,960
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alan WassonALAN WASSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jodi StiehlJODI STIEHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry FrostTERRY FROST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim TaylorJIM TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert MakelkyROBERT MAKELKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick SiebrasseNICK SIEBRASSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marianne RooseMARIANNE ROOSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dennis NelsonDENNIS NELSON
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Joe SiskJOE SISK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris WhiteCHRIS WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard PinkertonRICHARD PINKERTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dena HookerDENA HOOKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve KlattSTEVE KLATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve StreichSTEVE STREICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig YostCRAIG YOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry TrexlerLARRY TREXLER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Robert RustROBERT RUST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave HaydenDAVE HAYDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris ChristensenCHRIS CHRISTENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Roxie MeltonROXIE MELTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Allen MartinellALLEN MARTINELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Derek SorleyDEREK SORLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John BurgmaierJOHN BURGMAIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brent KluthBRENT KLUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deedee IsaacsDEEDEE ISAACS
BOARD PRESIDENT
- Total calculated
- $24,000
- From this org
- $24,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Gary A WiensGARY A WIENS
CHIEF EXECUTIVE OFFICER
- Total calculated
- $222,789
- From this org
- $222,789
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,789
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $222,789
-
Jerry F LemmJERRY F LEMM
SAFETY INSTRUCTOR
- Total calculated
- $108,668
- From this org
- $108,668
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lea A PotocznyLEA A POTOCZNY
CHIEF OPERATING OFFICER
- Total calculated
- $113,386
- From this org
- $113,386
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mark R LambrechtMARK R LAMBRECHT
GOVERNMENT RELATIONS
- Total calculated
- $142,945
- From this org
- $142,945
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ryan G HallRYAN G HALL
COMMUNICATIONS
- Total calculated
- $103,694
- From this org
- $103,694
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Shawn P HalversonSHAWN P HALVERSON
SAFETY INSTRUCTOR
- Total calculated
- $104,611
- From this org
- $104,611
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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 · Written employment contract
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 19 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442019349301004
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