Nonprofit · EIN 81-0211565
YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC
Tax-exempt · HUNTLEY, MT 59037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $46,527,251 | $44,008,720 | $2,518,531 | $100,638,531 | $66,269,481 | $34,369,050 |
| December 31, 2024 | 990 | $44,511,489 | $42,554,840 | $1,956,649 | $100,454,611 | $68,604,092 | $31,850,519 |
| December 31, 2023 | 990 | $42,019,034 | $41,306,402 | $712,632 | $94,817,571 | $64,923,701 | $29,893,870 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $43,794,023
- Investment income
- $233,858
- Net rental income
- $89,108
- Other revenue
- $2,499,370
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,014,770
- Compensation of officers, directors and key employees
- $1,244,203
- Other salaries and wages
- $490,895
- Salaries, compensation and benefits (total)
- $1,735,098
- Professional fundraising fees
- $0
- Legal fees
- $29,028
- Accounting fees
- $18,250
- Depreciation
- $3,855,442
Balance sheet and other
- Total assets, start of year
- $100,454,611
- Total assets, end of year
- $100,638,531
- Total liabilities, end of year
- $66,269,481
- Net assets, end of year
- $34,369,050
- Land, buildings and equipment
- $78,369,666
- Gross receipts
- $46,527,251
- Employees
- 60
- Volunteers
- 0
- Year formed
- 1937
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRANDON J WITTMAN | GENERAL MANAGER Officer | 40 | $471,251 | $117,748 |
| JEROME WANDLER | LINEMAN Highest-paid employee | 40 | $199,331 | $88,003 |
| CODY HOUSKA | LINEMAN Highest-paid employee | 40 | $193,830 | $87,891 |
| MONTI WETSCH SHAULES | OFFICE MANAGER Officer | 40 | $192,544 | $73,865 |
| JAMES WEBBER | ENGINEER Highest-paid employee | 40 | $177,027 | $85,025 |
| MICHAEL TETER | LINEMAN Highest-paid employee | 40 | $163,552 | $87,891 |
| JARED HAWORTH | LINEMAN SUPERVISOR Highest-paid employee | 40 | $164,541 | $82,029 |
| MARIAH HOFFMAN | CONTROLLER Officer | 40 | $123,461 | $54,060 |
| DAVE KELSEY | VICE PRESIDENT Trustee or director, Officer | 10 | $26,149 | $30,241 |
| SCOTT HOFFERBER | SECRETARY/TREASURER Trustee or director, Officer | 4 | $11,413 | $30,241 |
| DANIEL R SWARTZ | DIRECTOR Trustee or director | 2 | $6,940 | $30,241 |
| GREG NEIBAUER | DIRECTOR Trustee or director | 5 | $12,218 | $12,602 |
| LARRY KAUFMAN | PRESIDENT Trustee or director, Officer | 5 | $8,700 | $15,005 |
| CHRIS WHITE | DIRECTOR Trustee or director | 6 | $16,067 | $0 |
| JWILLIAM KELLER | DIRECTOR Trustee or director | 2 | $7,287 | $4,170 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRANDON J WITTMAN | GENERAL MANAGER Officer | 40 | $452,008 | $129,052 |
| DAN SHAULES | LINEMAN SUPERVISOR Highest-paid employee | 40 | $202,157 | $88,558 |
| CODY HOUSKA | LINEMAN Highest-paid employee | 40 | $184,295 | $78,082 |
| JAMES WEBBER | ENGINEER Highest-paid employee | 40 | $167,906 | $80,095 |
| JEROME WANDLER | LINEMAN Highest-paid employee | 40 | $168,073 | $78,082 |
| MICHAEL TETER | LINEMAN Highest-paid employee | 40 | $160,736 | $78,078 |
| MONTI WETSCH SHAULES | OFFICE MANAGER Officer | 40 | $181,565 | $54,695 |
| MARIAH WITTMAN | CONTROLLER Officer | 40 | $106,972 | $41,758 |
| DAVE KELSEY | VICE PRESIDENT Trustee or director, Officer | 12 | $64,262 | $0 |
| SCOTT HOFFERBER | SECRETARY/TREASURER Trustee or director, Officer | 2 | $36,496 | $0 |
| DANIEL R SWARTZ | DIRECTOR Trustee or director | 2 | $35,642 | $0 |
| CHRIS WHITE | DIRECTOR Trustee or director | 2 | $29,266 | $0 |
| LARRY KAUFMAN | PRESIDENT Trustee or director, Officer | 7 | $25,167 | $0 |
| GREG NEIBAUER | DIRECTOR Trustee or director | 5 | $24,723 | $0 |
| JWILLIAM KELLER | DIRECTOR Trustee or director | 2 | $12,043 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRANDON J WITTMAN | GENERAL MANAGER Officer | 40 | $429,772 | $122,009 |
| DAN SHAULES | LINEMAN Highest-paid employee | 40 | $195,680 | $68,855 |
| JARED HAWORTH | LINEMAN Highest-paid employee | 40 | $166,141 | $77,615 |
| JAMES WEBBER | ENGINEER Highest-paid employee | 40 | $164,641 | $77,432 |
| MONTI WETSCH SHAULES | OFFICE MANAGER Officer | 40 | $172,978 | $63,092 |
| CODY HOUSKA | LINEMAN Highest-paid employee | 40 | $156,960 | $72,782 |
| ROBERT TROST | LINEMAN Highest-paid employee | 40 | $148,659 | $45,104 |
| MARIAH WITTMAN | CONTROLLER Officer | 40 | $92,937 | $30,540 |
| DAVE KELSEY | VICE PRESIDENT Trustee or director, Officer | 12 | $30,471 | $25,691 |
| DANIEL R SWARTZ | DIRECTOR Trustee or director, Officer | 2 | $9,043 | $25,691 |
| SCOTT HOFFERBER | SECRETARY/TREASURER Trustee or director, Officer | 2 | $5,238 | $25,691 |
| GREG NEIBAUER | DIRECTOR Trustee or director | 5 | $16,595 | $10,685 |
| LARRY KAUFMAN | PRESIDENT Trustee or director, Officer | 7 | $11,601 | $13,843 |
| CHRIS WHITE | DIRECTOR Trustee or director | 2 | $16,812 | $0 |
| JWILLIAM KELLER | DIRECTOR Trustee or director | 2 | $7,645 | $4,481 |
Address and contacts
- Address (IRS master file)
- PO BOX 249, HUNTLEY, MT 59037-0249
- Principal officer (990 for 2025)
- BRANDON WITTMAN, 150 COOPERATIVE WAY, HUNTLEY, MT 59034
- Signed the 990
- BRANDON WITTMAN, GENERAL MANAGER
- Phone
- (406) 348-3411
- Website
- YVEC.COM
- Return prepared by
- SUMMERS MCNEA & CO PC
Mission
RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRICAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE CENTRAL PORTION OF MONTANA.
Program accomplishments
- COOPERATIVE RESOURCES AND ACTIVITIES ARE RELATED TO PROVIDING ELECTRICAL POWER AND SERVICES TO APPROXIMATELY 19,341 MEMBERS AND PATRONS LOCATED IN THE CENTRAL PORTION OF THE STATE 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0211565
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $100,638,531
- Income (IRS master file)
- $46,527,251
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $46,527,251 | $44,008,720 | $100,638,531 | XML |
| 990 | December 2024 | $44,511,489 | $42,554,840 | $100,454,611 | XML |
| 990 | December 2023 | $42,019,034 | $41,306,402 | $94,817,571 | XML |
| 990 | December 2022 | $40,035,298 | $39,185,832 | $90,179,359 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 81-0211565).
Questions about YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC
- What is the EIN of YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC is 81-0211565.
- Is YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1945.
- Are donations to YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does YELLOWSTONE VALLEY 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 YELLOWSTONE VALLEY 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 YELLOWSTONE VALLEY 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 YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names BRANDON WITTMAN.
- Who are the officers and directors of YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $471,251 (BRANDON J WITTMAN, GENERAL MANAGER).
- How much revenue does YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $46,527,251, expenses of $44,008,720 and total assets of $100,638,531 at year end.
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