Tongue River Electric Cooperative Inc

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

EIN: 810225169 ✦ Ashland, MT ✦ Designated as a 501(c)(12)

Overview

What is Tongue River Electric Cooperative Inc?

Tongue River Electric Cooperative Inc is a rural electric cooperative based in Ashland, Montana. With approximately 2,839 members, this nonprofit organization supplies electrical power and utilities services to residents in the southeastern portion of the state. As a cooperative, their mission is to provide electrical energy and essential services to their members and patrons in this region. The cooperative employs a team of 21 individuals, ensuring the reliable delivery of electricity and other necessary utilities.


Official website here: www.tongueriverelectric.com

Is Tongue River Electric Cooperative Inc legitimate?

Tongue River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tongue 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: $428,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,046

For more financial information, click here


Official website here: www.tongueriverelectric.com

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

Tongue River Electric Cooperative Inc is dedicated to providing electrical energy and essential services to its members and patrons, located in a rural area. The cooperative's primary mission is to ensure the delivery of electrical power and utilities to approximately 2,839 households in Montana. By focusing on rural communities in the southeastern portion of the state, Tongue River Electric Cooperative Inc aims to improve the quality of life for its members by providing them with reliable and essential electrical services. Additionally, the cooperative may engage in various initiatives to enhance the overall well-being of the communities it serves, though specific details are not provided in the information.


Official website here: www.tongueriverelectric.com

Who is the CEO of Tongue River Electric Cooperative Inc?

Tary Hanson is the General Manager of Tongue River Electric Cooperative Inc.


Official website here: www.tongueriverelectric.com

What is the revenue of Tongue River Electric Cooperative Inc?

Tongue River Electric Cooperative Inc's revenue in 2022 was $14,153,845.


Official website here: www.tongueriverelectric.com

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

The average compensation at Tongue River Electric Cooperative Inc during 2022 was $29,114. There are 21 employees at Tongue River Electric Cooperative Inc.

Here are 14 key members and their salaries:

    Tary Hanson (General Manager)
  • Compensation: $147,379
  • Related: $0
  • Other: $67,395

    • Brian Torgerson (Controller)
  • Compensation: $97,228
  • Related: $0
  • Other: $51,783

    • Timothy M Stradinger (Lineman)
  • Compensation: $111,701
  • Related: $0
  • Other: $0

    • Miles P Dennis (Lineman)
  • Compensation: $107,956
  • Related: $0
  • Other: $0

    • Jim Collins (President) [Trustee/Director]
  • Compensation: $13,538
  • Related: $0
  • Other: $0

    • Dee Dee Isaacs (Assistant Sec/Treas) [Trustee/Director]
  • Compensation: $7,962
  • Related: $0
  • Other: $0

    • Forest Dunning (Vice President) [Trustee/Director]
  • Compensation: $6,825
  • Related: $0
  • Other: $0

    • Diana Mclean (Northern Cheyenne Represen) [Trustee/Director]
  • Compensation: $6,338
  • Related: $0
  • Other: $0

    • Robert Janssen (Director)
  • Compensation: $6,175
  • Related: $0
  • Other: $0

    • Curtis Elkshoulder Jr (Director)
  • Compensation: $5,850
  • Related: $0
  • Other: $0

    • Gary P Helm (Secretary Treasurer) [Trustee/Director]
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Richard Hamilton (Director)
  • Compensation: $4,550
  • Related: $0
  • Other: $0

    • Vicky Tusler (Director)
  • Compensation: $4,225
  • Related: $0
  • Other: $0

    • Craig Randall (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0


  • Official website here: www.tongueriverelectric.com

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

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


    Official website here: www.tongueriverelectric.com

    Learn more at the official website: www.tongueriverelectric.com

    Mission Statement of Tongue River Electric Cooperative Inc

    Tongue River Electric Cooperative Inc, a rural electric cooperative, is dedicated to providing electrical energy and essential services to around 2,839 members residing in the southeastern portion of Montana. The cooperative's primary mission is to ensure that its members in rural areas have reliable access to electricity, enabling them to improve their living conditions and build stronger communities.

    In pursuit of this goal, Tongue River Electric Cooperative Inc goes beyond just supplying electricity. It is committed to delivering top-notch utilities services that cater to the unique needs of its members, ensuring they have access to the power they require to thrive. The cooperative's unwavering dedication to serving its members is reflected in its mission statement: "Rural Electric Cooperative Providing Electrical Energy and Services to Its Members and Patrons."

    By supplying electrical power and utilities services, Tongue River Electric Cooperative Inc enables its members to lead more comfortable lives, empowering them to engage in various economic and social activities. The cooperative plays a crucial role in fostering rural development, creating opportunities for growth and prosperity in the southeastern region of Montana. The cooperative's commitment to its members ultimately leads to a stronger, more self-sufficient community, where electricity access is no longer a barrier to progress.

    Impact

    This information is meant to be a general summary of Tongue 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

    Tongue River Electric Cooperative Inc's impact lies in providing essential electricity and services to approximately 2,839 members in rural Montana. By supplying electrical power and utility services to its members, this cooperative plays a crucial role in ensuring that rural communities have access to reliable energy for their daily needs. Additionally, Tongue River Electric Cooperative Inc contributes to the economic development and quality of life in the southeastern portion of Montana by powering homes, businesses, and essential infrastructure, thereby supporting the growth and sustainability of these communities.





    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: $20,696
  • Program Service Revenue: $13,253,731
  • Gross Receipts: $14,153,845

    • Assets and Liabilities:
  • Total Assets: $37,523,189
  • Total Liabilities: $23,596,509
  • Net Assets: $13,926,680
  • Programs

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

    UTILITIES & SERVICES

    Revenue

    $13,253,731

    Organization Details

    Founding Year

    1946

    Principal Officer

    Tary Hanson

    Main Address

    PO BOX 138, ASHLAND, MT, 590030138

    NTEE Category

    Code: W80 - Public benefit

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