Sun River Electric Cooperative Inc

Organization Overview

Sun River Electric Cooperative Inc is located in Fairfield, MT. The organization was established in 1943. 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, Sun River Electric Cooperative Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sun River 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, Sun River Electric Cooperative Inc generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $12.9m during the year ending 12/2021. While expenses have increased by 2.7% 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

ELECTRIC SERVICE TO OWNER-MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL UTILITIES TO ITS MEMBERS LOCATED IN THE WEST-CENTRAL PORTION OF MONTANA.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Bauman
CEO
$157,080
Robert Anderson
Manager Of Operations
$125,515
Joseph Irvin
Line Foreman
$107,586
Mike Faith
Meterman
$106,099
Trey Caffyn
Line Foreman
$105,510
Scott Schlosser
Lineman
$104,350

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$12,111,113
Investment income $47,600
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,939,289

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