Skip to main content

Nonprofit · EIN 81-0180438

PARK ELECTRIC COOPERATIVE INCORPORATED

Tax-exempt · LIVINGSTON, MT 59047

Financials

$17.4M$16.9M2023$18.7M$17.4M2024$18.8M$17.7M2025
Revenue Expenses · by fiscal year end
Financials of PARK ELECTRIC COOPERATIVE INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$18,811,202$17,703,778$1,107,424$31,281,893$1,727,789$29,554,104
December 31, 2024990$18,742,979$17,445,041$1,297,938$29,798,046$1,351,366$28,446,680
December 31, 2023990$17,416,914$16,893,617$523,297$28,422,531$1,623,408$26,799,123
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$17,590,058
Investment income
$86,633
Other revenue
$1,134,511

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$774,936
Compensation of officers, directors and key employees
$579,394
Salaries, compensation and benefits (total)
$579,492
Professional fundraising fees
$0
Legal fees
$18,358
Accounting fees
$16,604
Depreciation
$1,579,165

Balance sheet and other

Total assets, start of year
$29,798,046
Total assets, end of year
$31,281,893
Total liabilities, end of year
$1,727,789
Net assets, end of year
$29,554,104
Land, buildings and equipment
$18,871,447
Gross receipts
$18,811,202
Employees
20
Volunteers
0
Year formed
1939
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
MATT HAGGERTYCEO
Officer
40$240,651$95,807
JOSHUA FATOUROSLINEMAN FOREMAN
Highest-paid employee
40$170,189$52,765
TANNER TAWATERLINEMAN FOREMAN
Highest-paid employee
40$164,571$52,766
MATT GROSECOO
Officer
40$139,430$67,114
BRADY ZACHMANNLINEMAN FOREMAN
Highest-paid employee
40$152,782$52,766
GUNNER BERGSINGLINEMAN
Highest-paid employee
40$153,510$51,071
DANE BONDURANTLINEMAN
Highest-paid employee
40$151,342$51,085
CAROL AMUNRUDCFO
Officer
40$108,378$56,288
ALBERT OTISSECRETARY-TREASURER
Trustee or director, Officer
1.04$2,075$16,865
CRAIG YOSTVICE PRESIDENT
Trustee or director, Officer
1.04$1,300$16,865
WILLIAM BROWNLEETRUSTEE
Trustee or director
1.04$1,200$16,865
NATHAN ANDERSONTRUSTEE
Trustee or director
1.04$500$8,031
ALAN JOHNSTONEPRESIDENT
Trustee or director, Officer
1.04$1,200$6,381
DAN SKATTUMTRUSTEE
Trustee or director
1.04$2,725$3,728
MATT JESSONTRUSTEE
Trustee or director
1.04$1,200$4,640
1 more people on this return
NameTitleHours / weekCompensation
C PERRY ANDERSONTRUSTEE
Trustee or director
1.04$600
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
MATT HAGGERTYCEO
Officer
40$208,448
GUNNER BERSINGEMPLOYEE
Highest-paid employee
40$161,540
JOSHUA FATOUROSEMPLOYEE
Highest-paid employee
40$159,369
TANNER TAWATEREMPLOYEE
Highest-paid employee
40$156,479
DANE BONDURANTEMPLOYEE
Highest-paid employee
40$149,166
COLE KIMBALLEMPLOYEE
Highest-paid employee
40$142,334
MATT GROSECOO
Officer
40$130,365
CAROL AMUNRUDCFO
Officer
40$94,500
DAN SKATTUMTRUSTEE
Trustee or director
1$20,597
CRAIG YOSTVICE PRESIDE
Trustee or director, Officer
1$19,104
ALAN JOHNSTONEPRESIDENT
Trustee or director, Officer
1$13,302
ALBERT OTISSECRETARY/TR
Trustee or director, Officer
1$9,656
WILLIAM BROWNLEETRUSTEE
Trustee or director
1$8,594
MATT JESSONTRUSTEE
Trustee or director
1$5,619
C PERRY ANDERSONTRUSTEE
Trustee or director
1$2,038
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
MATT HAGGERTYCEO
Officer
40$205,270
BRADY ZACHMANNEMPLOYEE
Highest-paid employee
40$132,048
JOSHUA FATOUROSEMPLOYEE
Highest-paid employee
40$131,711
RYAN HARMSEMPLOYEE
Highest-paid employee
40$128,611
COLE KIMBALLEMPLOYEE
Highest-paid employee
40$124,117
MATT GROSECOO
Officer
40$123,164
COLE BOSSEMPLOYEE
Highest-paid employee
40$121,258
CAROL AMUNRUDCFO
Officer
40$86,172
CRAIG YOSTVICE PRESIDE
Trustee or director, Officer
1$18,597
ALAN JOHNSTONEPRESIDENT
Trustee or director, Officer
1$13,025
ALBERT OTISSECRETARY/TR
Trustee or director, Officer
1$9,370
DAN SKATTUMTRUSTEE
Trustee or director
1$5,056
MATT JESSONTRUSTEE
Trustee or director
1$4,833
C PERRY ANDERSONTRUSTEE
Trustee or director
1$2,121
WILLIAM BROWNLEETRUSTEE
Trustee or director
1$1,144

Address and contacts

Address (IRS master file)
PO BOX 1119, LIVINGSTON, MT 59047-1119
In care of
% CAROL AMUNRUD
Principal officer (990 for 2025)
ALAN JOHNSTONE, PO BOX 1119, LIVINGSTON, MT 59047
Signed the 990
ALAN JOHNSTONE, PRESIDENT
Phone
(406) 222-3100
Return prepared by
SUMMERS MCNEA & CO PC

Mission

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES & UTILITIES TO MEMBERS AND PATRONS LOCATED IN THE SOUTH CENTRAL PORTION OF MONTANA.

990 for the year ended December 31, 2025

Program accomplishments

  • RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES & UTILITIES TO MEMBERS AND PATRONS LOCATED IN THE SOUTH CENTRAL PORTION OF MONTANA.

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
81-0180438
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)
$31,281,893
Income (IRS master file)
$18,811,202

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$18,811,202$17,703,778$31,281,893XML
990December 2024$18,742,979$17,445,041$29,798,046IRS
990December 2023$17,416,914$16,893,617$28,422,531XML
990December 2022$17,437,830$17,427,689$28,279,650IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 81-0180438).

Questions about PARK ELECTRIC COOPERATIVE INCORPORATED

What is the EIN of PARK ELECTRIC COOPERATIVE INCORPORATED?
The employer identification number (EIN) of PARK ELECTRIC COOPERATIVE INCORPORATED is 81-0180438.
Is PARK ELECTRIC COOPERATIVE INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
Are donations to PARK ELECTRIC COOPERATIVE INCORPORATED tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PARK ELECTRIC COOPERATIVE INCORPORATED 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 PARK ELECTRIC COOPERATIVE INCORPORATED 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 PARK ELECTRIC COOPERATIVE INCORPORATED 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 PARK ELECTRIC COOPERATIVE INCORPORATED?
The 990 for the year ended December 31, 2025 names ALAN JOHNSTONE.
Who are the officers and directors of PARK ELECTRIC COOPERATIVE INCORPORATED?
The 990 for the year ended December 31, 2025 lists 16 people; 16 received compensation from the organization, the highest $240,651 (MATT HAGGERTY, CEO).
How much revenue does PARK ELECTRIC COOPERATIVE INCORPORATED have?
On its 990 for the year ended December 31, 2025 it reported revenue of $18,811,202, expenses of $17,703,778 and total assets of $31,281,893 at year end.

Other nonprofits in LIVINGSTON

All nonprofits in LIVINGSTON · Montana