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Nonprofit · EIN 81-0134746

FERGUS ELECTRIC COOPERATIVE INC

Tax-exempt · LEWISTOWN, MT 59457

Financials

$31M$26.4M2023$30.4M$30.4M2024$31.9M$31.9M2025
Revenue Expenses · by fiscal year end
Financials of FERGUS ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$31,906,904$31,906,904$0$72,667,056$26,023,886$46,643,170
December 31, 2024990$30,368,742$30,368,742$0$69,397,260$24,002,021$45,395,239
December 31, 2023990$31,037,162$26,382,359$4,654,803$63,208,877$19,851,718$43,357,159
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$30,028,941
Investment income
$72,743
Other revenue
$1,805,220

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,463,495
Compensation of officers, directors and key employees
$549,949
Other salaries and wages
$276,157
Salaries, compensation and benefits (total)
$924,490
Professional fundraising fees
$0
Legal fees
$46,705
Accounting fees
$20,734
Depreciation
$2,594,143

Balance sheet and other

Total assets, start of year
$69,397,260
Total assets, end of year
$72,667,056
Total liabilities, end of year
$26,023,886
Net assets, end of year
$46,643,170
Land, buildings and equipment
$52,460,097
Gross receipts
$31,906,904
Employees
36
Volunteers
0
Year formed
1938
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CARSON SWEENEYGENERAL MANAGER
Officer
40$217,122$95,872
SALLY HORACEKOFFICE MANAGER
Highest-paid employee
40$156,291$85,111
DALE RIKALALINE SUPERINTENDENT
Highest-paid employee
40$152,888$83,476
BRET OPHUSLINE SUPERINTENDENT
Highest-paid employee
40$153,025$80,309
MARK SCHWOMEYERFOREMAN
Highest-paid employee
40$145,218$57,560
JANINE DIDIERPAYROLL ADMINISTRATOR
Highest-paid employee
40$135,608$63,653
JASON SWANZVICE PRESIDENT
Trustee or director, Officer
6.47$48,448$0
BRAD ARNTZENSECRETARY/TREASURER
Trustee or director, Officer
6.46$38,365$0
TERRY FROSTPRESIDENT
Trustee or director, Officer
6.94$35,589$0
CATHY KOMBOLTRUSTEE
Trustee or director
4.17$34,194$0
PAUL BRADYTRUSTEE (BEGAN JUNE 2025)
Trustee or director
2.03$23,282$0
BOB EVANSTRUSTEE
Trustee or director
4.3$19,358$0
BRETT MAXWELLTRUSTEE
Trustee or director
5.52$18,983$0
PAUL DESCHEEMAEKERTRUSTEE (ENDED JUNE 2025)
Trustee or director
3.08$18,736$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
CARSON SWEENEYGENERAL MANAGER
Officer
40$199,610$91,843
SALLY HORACEKOFFICE MANAGER
Highest-paid employee
40$157,436$80,427
DALE RIKALALINE SUPERINTENDENT
Highest-paid employee
40$154,740$80,184
BRIAN GODBEYSERVICEMAN/METER TECH
Highest-paid employee
40$137,308$80,419
BRET OPHUSLINE SUPERINTENDENT
Highest-paid employee
40$135,284$76,378
MARK SCHWOMEYERFOREMAN
Highest-paid employee
40$135,214$55,119
JASON SWANZSECRETARY/TREASURER
Trustee or director, Officer
6.08$43,759$0
BRAD ARNTZENASSISTANT SEC/TREAS
Trustee or director, Officer
8.02$41,144$0
PAUL DESCHEEMAEKERPRESIDENT
Trustee or director, Officer
9.43$35,125$0
TERRY FROSTVICE PRESIDENT
Trustee or director, Officer
8.82$32,500$0
CATHY KOMBOLBOARD MEMBER
Trustee or director
5.42$32,250$0
BRETT MAXWELLBOARD MEMBER
Trustee or director
7.08$18,260$0
BOB EVANSBOARD MEMBER
Trustee or director
4.69$17,635$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
CARSON SWEENEYEMPLOYEE
Highest-paid employee
50$186,048
JASON SWANZSEC/TREAS
Trustee or director, Officer
4$43,622
BRAD ARNTZENASSISTANT SE
Trustee or director, Officer
6$40,688
PAUL DESCHEEMAEKERPRESIDENT
Trustee or director, Officer
10.5$35,429
TERRY FROSTVICE PRESIDE
Trustee or director, Officer
6$32,179
CATHY KOMBOLBOARD MEMBER
Trustee or director
5$31,929
BRETT MAXWELLBOARD MEMBER
Trustee or director
5$17,537
BOB EVANSBOARD MEMBER
Trustee or director
4$17,412

Address and contacts

Address (IRS master file)
84423 US HIGHWAY 87, LEWISTOWN, MT 59457-2058
In care of
% BRET OPHUS
Principal officer (990 for 2025)
CARSON SWEENEY, 84423 US HIGHWAY 87, LEWISTOWN, MT 59457
Signed the 990
CARSON SWEENEY, GENERAL MANAGER
Phone
(406) 538-3465
Return prepared by
DOUGLAS WILSON & COMPANY PC

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0134746
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1940
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$72,667,056
Income (IRS master file)
$31,906,904

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$31,906,904$31,906,904$72,667,056XML
990December 2024$30,368,742$30,368,742$69,397,260XML
990December 2023$31,037,162$26,382,359$63,208,877XML
990December 2022$29,316,943$24,799,017$54,389,942IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0134746).

Questions about FERGUS ELECTRIC COOPERATIVE INC

What is the EIN of FERGUS ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of FERGUS ELECTRIC COOPERATIVE INC is 81-0134746.
Is FERGUS ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
Are donations to FERGUS ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FERGUS ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FERGUS ELECTRIC COOPERATIVE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FERGUS ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FERGUS ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 names CARSON SWEENEY.
Who are the officers and directors of FERGUS ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 lists 14 people; 14 received compensation from the organization, the highest $217,122 (CARSON SWEENEY, GENERAL MANAGER).
How much revenue does FERGUS ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $31,906,904, expenses of $31,906,904 and total assets of $72,667,056 at year end.

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