2025-10-17T13:36:54-05:00 2024-12-31 810446334 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2024-01-01 810134746 FERGUS ELECTRIC COOPERATIVE INC FERG 4065383465 84423 US HWY 87 LEWISTOWN MT 59457 CARSON SWEENEY GENERAL MANAGER 4065383465 2025-10-13 1 1 MELISSA H SOLDANO P01259603 4067614645 2024 2025-03-06 01:10:19Z CARSON SWEENEY 84423 US HIGHWAY 87 LEWISTOWN MT 59457 30368742 0 X HTTPS://FERGUSELECTRIC.COOP X COOPERATIVE 1938 MT THE MISSION OF FERGUS ELECTRIC COOPERATIVE IS TO PROVIDE RELIABLE, SAFE, AND AFFORDABLE ENERGY SERVICES TO THE COMMUNITIES WE SERVE. WHO WE ARE: WE ARE A NON-PROFIT COOPERATIVE UTILITY OWNED, OPERATED AND SUPPORTED BY MEMBERS IN CENTRAL MONTANA.WHAT WE DO: WE DISTRIBUTE ELECTRICITY AND ANCILLARY SERVICES TO 14 CENTRAL MONTANA COUNTIES: BLAINE, CASCADE, CHOTEAU, FERGUS, GOLDEN VALLEY, JUDITH BASIN, MEAGHER, MUSSELSHELL, PETROLEUM, STILLWATER, SWEET GRASS, TREASURE, WHEATLAND, AND YELLOWSTONE.WHAT WE VALUE: WE VALUE INTEGRITY, RELIABILITY, QUALITY, AFFORDABILITY, AND EMPLOYEES IN SERVING OUR COMMUNITY AND MEMBER-OWNERS.WHAT WE ASPIRE TO BECOME: WE ARE WORKING TO BECOME THE TRUSTED PROVIDER FOR ALL ENERGY AND ENERGY RELATED SERVICES THAT OUR MEMBERS REQUIRE. 7 7 33 0 0 0 0 0 28842552 27961407 78319 213135 2116291 2194200 31037162 30368742 0 0 0 3271852 556428 797763 0 0 0 25825931 26299127 26382359 30368742 4654803 0 63208877 69397260 19851718 24002021 43357159 45395239 X THE MISSION OF FERGUS ELECTRIC COOPERATIVE IS TO PROVIDE RELIABLE, SAFE, AND AFFORDABLE ENERGY SERVICES TO THE COMMUNITIES WE SERVE. WHO WE ARE: WE ARE A NON-PROFIT COOPERATIVE UTILITY OWNED, OPERATED AND SUPPORTED BY MEMBERS IN CENTRAL MONTANA.WHAT WE DO: WE DISTRIBUTE ELECTRICITY AND ANCILLARY SERVICES TO 14 CENTRAL MONTANA COUNTIES: BLAINE, CASCADE, CHOTEAU, FERGUS, GOLDEN VALLEY, JUDITH BASIN, MEAGHER, MUSSELSHELL, PETROLEUM, STILLWATER, SWEET GRASS, TREASURE, WHEATLAND, AND YELLOWSTONE.WHAT WE VALUE: WE VALUE INTEGRITY, RELIABILITY, QUALITY, AFFORDABILITY, AND EMPLOYEES IN SERVING OUR COMMUNITY AND MEMBER-OWNERS.WHAT WE ASPIRE TO BECOME: WE ARE WORKING TO BECOME THE TRUSTED PROVIDER FOR ALL ENERGY AND ENERGY RELATED SERVICES THAT OUR MEMBERS REQUIRE. 0 0 THE MISSION OF FERGUS ELECTRIC COOPERATIVE IS TO PROVIDE RELIABLE, SAFE, AND AFFORDABLE ENERGY SERVICES TO THE COMMUNITIES WE SERVE. WHO WE ARE: WE ARE A NON-PROFIT COOPERATIVE UTILITY OWNED, OPERATED AND SUPPORTED BY MEMBERS IN CENTRAL MONTANA.WHAT WE DO: WE DISTRIBUTE ELECTRICITY AND ANCILLARY SERVICES TO 14 CENTRAL MONTANA COUNTIES: BLAINE, CASCADE, CHOTEAU, FERGUS, GOLDEN VALLEY, JUDITH BASIN, MEAGHER, MUSSELSHELL, PETROLEUM, STILLWATER, SWEET GRASS, TREASURE, WHEATLAND, AND YELLOWSTONE.WHAT WE VALUE: WE VALUE INTEGRITY, RELIABILITY, QUALITY, AFFORDABILITY, AND EMPLOYEES IN SERVING OUR COMMUNITY AND MEMBER-OWNERS.WHAT WE ASPIRE TO BECOME: WE ARE WORKING TO BECOME THE TRUSTED PROVIDER FOR ALL ENERGY AND ENERGY RELATED SERVICES THAT OUR MEMBERS REQUIRE. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 33 1 0 0 0 0 0 0 0 27961407 2407335 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X SALLY HORACEK 4065383465 84423 US HIGHWAY 87 LEWISTOWN MT 59457 PAUL DESCHEEMAEKER PRESIDENT 9.43 X X 35125 0 0 TERRY FROST VICE PRESIDENT 8.82 X X 32500 0 0 JASON SWANZ SECRETARY/TREASURER 6.08 X X 43759 0 0 BRAD ARNTZEN ASSISTANT SEC/TREAS 8.02 X X 41144 0 0 CATHY KOMBOL BOARD MEMBER 5.42 X 32250 0 0 BOB EVANS BOARD MEMBER 4.69 X 17635 0 0 BRETT MAXWELL BOARD MEMBER 7.08 X 18260 0 0 CARSON SWEENEY GENERAL MANAGER 40.00 X 199610 0 91843 BRIAN GODBEY SERVICEMAN/METER TECH 40.00 X 137308 0 80419 SALLY HORACEK OFFICE MANAGER 40.00 X 157436 0 80427 BRET OPHUS LINE SUPERINTENDENT 40.00 X 135284 0 76378 DALE RIKALA LINE SUPERINTENDENT 40.00 X 154740 0 80184 MARK SCHWOMEYER FOREMAN 40.00 X 135214 0 55119 1140265 0 464370 6 0 1 0 0 SALE OF UTILITY SERVICES TO MEMBE 221000 27961407 27961407 27961407 73385 73385 139750 0 139750 139750 139750 CAPITAL CREDITS 221000 1741650 1741650 OTHER NON-OPERATING INCOME 221000 452550 452550 2194200 30368742 30295357 0 73385 3271852 512126 212851 66424 6362 40739 21995 4193 6182 27958 904081 2270414 COST OF POWER 17622236 DISTRIBUTION - OPERATIO 2380474 DISTRIBUTION - MAINTENA 1405827 CUSTOMER ACCOUNTS 513822 1101206 30368742 82918 365703 1006239 1105824 2797145 2566716 769 1040 86821506 33980120 40387894 52841386 8208069 9918320 10725843 2598271 63208877 69397260 2803744 2794733 1610294 106618 15437680 19969127 0 1131543 19851718 24002021 X 0 0 43357146 45395239 13 0 43357159 45395239 63208877 69397260 X 0 -13 2038093 X 0 1 X 1 0 850570 850570 85970936 33980120 51990816 52841386 1000 C INVEST. ASSOC. CO-OP MEMBERS 8690477 C CFC CAPITAL TERM CERTIFICATES 343278 C INVEST. ASSOC. CO-OP NRTC 237608 C INVEST. ASSOC. CO-OP FEDERATED 191446 C INVEST. ASSOC. CO-OP TRIANGLE COMMUNICATIONS 134205 C INVEST. ASSOC. CO-OP PATR. - CFC 132331 C INVEST. ASSOC. CO-OP MIDRIVERS 72625 C INVEST. ASSOC. CO-OP NISC 65246 C INVEST. ASSOC. CO-OP RESCO 38030 C INVEST. ASSOC. CO-OP FEDERATED 9200 C INVEST. ASSOC. CO-OP THREE RIVERS 2869 C INVESTMENTS - FIRST BANK RED 5 C 9918320 CUSTOMER DEPOSITS 1131543 1131543 30368742 0 30368742 0 30368742 30368742 0 30368742 0 30368742 0 0 0 CARSON SWEENEY GENERAL MANAGER 199610 0 0 0 0 0 48462 0 43381 0 291453 0 0 0 BRIAN GODBEY SERVICEMAN/METER TECH 137308 0 0 0 0 0 36476 0 43943 0 217727 0 0 0 SALLY HORACEK OFFICE MANAGER 157436 0 0 0 0 0 47500 0 32927 0 237863 0 0 0 BRET OPHUS LINE SUPERINTENDENT 135284 0 0 0 0 0 43755 0 32623 0 211662 0 0 0 DALE RIKALA LINE SUPERINTENDENT 154740 0 0 0 0 0 50048 0 30136 0 234924 0 0 0 MARK SCHWOMEYER FOREMAN 135214 0 0 0 0 0 25840 0 29279 0 190333 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECTED TO GOVERNING BOARD. ELECTED BY OTHER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES IN BYLAWS AND VARIOUS OTHER ORGANIZATIONAL ISSUES DISCUSSED AT THE ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE COOPERATIVE HIRES AN ACCOUNTING FIRM TO PREPARE FORM 990. ONCE COMPLETE, IT IS REVIEWED BY COOPERATIVE MANAGEMENT AND PRESENTED TO GOVERNING BODY ON NEXT REGULAR SCHEDULED MEETING. THE 990 IS AVAILABLE FOR REVIEW PRIOR TO BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C COOPERATIVE MONITORS REGULARLY FOR COMPLIANCE WITH POLICIES. FORM 990, PART VI, SECTION C, LINE 19 COOPERATIVE PROVIDES A COPY AVAILABLE FOR REVIEW AT THE COOPERATIVE HEADQUARTERS LOCATED IN LEWISTOWN, MT. FORM 990, PART XI, LINE 9: ESTATE RETIREMENTS -297,390. GENERAL RETIREMENTS -1,000,256. NON-OPERATING TRANSFERS -2,091,863. CHANGE IN OTHER EQUITIES 2,155,750. ALLOCATION OF NET MARGINS 3,271,852.