Flathead Electric Cooperative Inc

Organization Overview

Flathead Electric Cooperative Inc is located in Kalispell, MT. The organization was established in 1940. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Flathead Electric Cooperative Inc employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flathead Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Flathead Electric Cooperative Inc generated $127.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $126.4m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RURAL ELECTRICAL POWER DISTRIBUTION TO MEMBERS IN OUR SERVICE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERATION AND ACQUISITION OF ELECTRICAL POWER FOR DISTRIBUTION TO APPROXIMATELY 56,280 MEMBERS (AS OF DECEMBER 31, 2021) IN AND AROUND THE FLATHEAD VALLEY, LIBBY, ELK BASIN, AND COOKE CITY AREAS OF MONTANA.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Johnson
General Manager
$450,614
Jason Williams
Asst Gen Mgr
$237,628
Allen Thorson
Opr Superintendent
$237,471
John Goroski
Dir Of Reg Affairs
$219,757
Ross Holter
Dir Energy Mbr Ser
$213,993
Tod Young
Dir Of Finance
$192,309

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nisc
Cis/abs System
$802,301
Mountain Power Construction
Substation Constr Contrac
$472,233
Associated Arborists
Right Of Way Clearin
$752,402
Scs Field Services
Landfill Gas To Energy
$645,402
Aspen Urban Forestry Inc
Right Of Way Clearing
$513,033
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$125,280,138
Investment income $1,410,207
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $613,557
Net Gain/Loss on Asset Sales $128,802
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $127,930,773

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