Sun River Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810199536 ✦ Fairfield, MT ✦ Designated as a 501(c)(12)

Overview

What is Sun River Electric Cooperative Inc?

Sun River Electric Cooperative Inc is a Montana-based rural electric cooperative with a mission to provide dependable electrical utilities to its members residing in the west-central region of the state. Established to ensure financial stability and promote growth, the cooperative prioritizes systematic maintenance, rate stability, and consumer relations. The cooperative, with a team of 26 dedicated employees, focuses on maintaining a financially sound organization and delivering electric services to its owner-members.


Official website here: www.sunriverelectric.coop

Is Sun River Electric Cooperative Inc legitimate?

Sun River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sun River Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $441,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,276

For more financial information, click here


Official website here: www.sunriverelectric.coop

What is the mission statement of Sun River Electric Cooperative Inc?

Sun River Electric Cooperative Inc is dedicated to maintaining a financially sound cooperative through systematic maintenance and stable rates, while fostering growth. They prioritize education for both their board and employees, and value building strong consumer relationships. The mission of Sun River Electric Cooperative Inc is to ensure the provision of electrical utilities to its members in an efficient and reliable manner. Through a commitment to systematic maintenance, they aim to provide consistent power, minimizing disruptions for their owner-members. By focusing on growth and education, the cooperative is able to adapt to the changing energy landscape and meet the evolving needs of its community.


Official website here: www.sunriverelectric.coop

Who is the CEO of Sun River Electric Cooperative Inc?

Brad Bauman is the Trustee of Sun River Electric Cooperative Inc. The CEO's salary of Sun River Electric Cooperative Inc is $173,992 and their total compensation is $249,676.


Official website here: www.sunriverelectric.coop

What is the revenue of Sun River Electric Cooperative Inc?

Sun River Electric Cooperative Inc's revenue in 2022 was $13,447,433.


Official website here: www.sunriverelectric.coop

Who are the executives of Sun River Electric Cooperative Inc and what are their salaries?

The average compensation at Sun River Electric Cooperative Inc during 2022 was $31,678. There are 26 employees at Sun River Electric Cooperative Inc.

Here are 13 key members and their salaries (Sun River Electric Cooperative Inc's CEO's salary is $173,992 and their total compensation is $249,676):

    Brad Bauman (Ceo)
  • Compensation: $173,992
  • Related: $0
  • Other: $75,684

    • Robert Anderson (Manager Of Operations)
  • Compensation: $138,500
  • Related: $0
  • Other: $64,630

    • Mike Faith (Meterman)
  • Compensation: $111,937
  • Related: $0
  • Other: $81,607

    • Robbie Dockter (Line Foreman)
  • Compensation: $109,158
  • Related: $0
  • Other: $69,197

    • Trey Caffyn (Line Foreman)
  • Compensation: $112,448
  • Related: $0
  • Other: $61,370

    • Scott Schlosser (Lineman)
  • Compensation: $107,753
  • Related: $0
  • Other: $59,861

    • Russell Bloom (Trustee)
  • Compensation: $36,045
  • Related: $0
  • Other: $0

    • Bryce Johns (Trustee)
  • Compensation: $31,460
  • Related: $0
  • Other: $0

    • Chris Music (Trustee)
  • Compensation: $30,245
  • Related: $0
  • Other: $0

    • John Burgmaier (Trustee)
  • Compensation: $28,125
  • Related: $0
  • Other: $0

    • Mitchell Johnson (Sec/Treas) [Trustee/Director]
  • Compensation: $24,272
  • Related: $0
  • Other: $0

    • Leonard Sivumaki (President) [Trustee/Director]
  • Compensation: $20,964
  • Related: $0
  • Other: $0

    • Robert Pasha (Vice-President) [Trustee/Director]
  • Compensation: $20,575
  • Related: $0
  • Other: $0


  • Official website here: www.sunriverelectric.coop

    Where can I find the form 990 for Sun River Electric Cooperative Inc?

    The Sun River Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sunriverelectric.coop

    Learn more at the official website: www.sunriverelectric.coop

    Mission Statement of Sun River Electric Cooperative Inc

    Sun River Electric Cooperative Inc, a rural electric cooperative, is dedicated to maintaining a financially sound organization while delivering electrical utilities to its owner-members. The cooperative's mission is to ensure systematic maintenance and rate stability, fostering growth, and promoting education for its board and employees. Good consumer relations are a top priority.

    In order to uphold its mission, Sun River Electric Cooperative Inc focuses on providing reliable electrical services to its members in Montana, all while adhering to a financially responsible business model. The cooperative's commitment to growth involves continuous improvement and expansion to meet the evolving needs of its members. Board and employee education are essential components of the cooperative's mission, ensuring that its leaders and staff are well-equipped to provide optimal service and support.

    Sun River Electric Cooperative Inc places a strong emphasis on good consumer relations, recognizing the importance of fostering positive relationships with its members. By prioritizing open communication and responsiveness, the cooperative is able to address any concerns or issues effectively, ensuring satisfaction and trust within its community.

    Impact

    This information is meant to be a general summary of Sun River Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sun River Electric Cooperative Inc's impact is primarily felt in the rural areas of the west-central portion of Montana. By providing electrical utilities to its owner-members, the cooperative plays a crucial role in ensuring that residents in these areas have access to essential services for their daily lives. Sun River Electric Cooperative Inc's mission to maintain a financially sound operation, promote growth, and maintain good consumer relations underscores its commitment to serving the community and contributing to the overall well-being of the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $67,867
  • Program Service Revenue: $12,599,953
  • Gross Receipts: $13,447,433

    • Assets and Liabilities:
  • Total Assets: $39,224,355
  • Total Liabilities: $17,035,627
  • Net Assets: $22,188,728
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF ELECTRICITY AND SERVICES

    Revenue

    $12,599,953

    Organization Details

    Founding Year

    1937

    Principal Officer

    Brad Bauman

    Main Address

    PO BOX 309, FAIRFIELD, MT, 594360309

    NTEE Category

    Code: W80 - Public benefit

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