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Nonprofit · EIN 81-0216809

GOLDENWEST ELECTRIC CO-OP INC

Tax-exempt · WIBAUX, MT 59353

Financials

$6.4M$5.4M2023$6.2M$5.7M2024
Revenue Expenses · by fiscal year end
Financials of GOLDENWEST ELECTRIC CO-OP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,246,765$5,711,597$535,168$19,978,607$10,706,143$9,272,464
December 31, 2023990$6,433,502$5,355,543$1,077,959$21,336,535$12,599,239$8,737,296
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,882,060
Investment income
$135,731
Other revenue
$228,974

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$112,590
Compensation of officers, directors and key employees
$179,516
Other salaries and wages
$210,138
Salaries, compensation and benefits (total)
$473,244
Professional fundraising fees
$0
Legal fees
$1,035
Accounting fees
$19,870
Depreciation
$572,344

Balance sheet and other

Total assets, start of year
$21,336,535
Total assets, end of year
$19,978,607
Total liabilities, end of year
$10,706,143
Net assets, end of year
$9,272,464
Land, buildings and equipment
$14,484,137
Gross receipts
$6,246,765
Employees
11
Volunteers
0
Year formed
1942
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TRAVIS BAKKENLINEMAN
Highest-paid employee
40$135,445$70,715
DWAYNE VAN VLEETLINEMAN
Highest-paid employee
40$125,319$64,295
CASEY BEGGERLINEMAN
Highest-paid employee
40$116,514$62,089
COLE OLSONLINEMAN
Highest-paid employee
40$116,480$46,845
TORI WYMANCFO/OFFICE MANAGER
Officer
40$96,030$45,386
DALE SCHWEIGERTPRESIDENT
Trustee or director, Officer
1$7,900$0
ROBERT MAKELKYSECRETARY/TREASURER
Trustee or director, Officer
1$7,450$0
KENT KAHLVICE PRESIDENT
Trustee or director, Officer
1$6,950$0
DAVID FRANZDIRECTOR
Trustee or director
1$6,300$0
LANA MAYCHRZAKDIRECTOR
Trustee or director
1$5,200$0
DON MAUSDIRECTOR
Trustee or director
1$4,300$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JOHN SOKOLOSKIMANAGER
Key employee
40$212,403
TRAVIS BAKKENLINEMAN
Highest-paid employee
40$132,346
DWAYNE VAN VLEETLINEMAN
Highest-paid employee
40$122,682
COLE OLSONLINEMAN
Highest-paid employee
40$114,327
DON MAUSDIRECTOR
Trustee or director, Officer
1$6,663
ROBERT MAKELKYSECRETARY
Trustee or director, Officer
1$6,163
DAVID FRANZDIRECTOR
Trustee or director
1$6,113
DALE SCHWEIGERTPRESIDENT
Trustee or director, Officer
1$6,113
KENT KAHLDIRECTOR
Trustee or director
1$6,013

Address and contacts

Address (IRS master file)
PO BOX 177, WIBAUX, MT 59353-0177
Principal officer (990 for 2024)
DALE SCHWEIGERT, PO BOX 177, WIBAUX, MT 59353
Signed the 990
JASON BROTHEN, CEO
Phone
(406) 796-2423
Website
GWEC.COOP
Return prepared by
SUMMERS MCNEA & CO PC

Mission

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS.

990 for the year ended December 31, 2024

Program accomplishments

  • RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS IN EASTERN MONTANA AND WESTERN NORTH DAKOTA.

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0216809
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,145,719
Income (IRS master file)
$8,816,184

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,246,765$5,711,597$19,978,607XML
990December 2023$6,433,502$5,355,543$21,336,535XML
990December 2022$6,437,033$6,207,702$21,335,392IRS
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 81-0216809).

Questions about GOLDENWEST ELECTRIC CO-OP INC

What is the EIN of GOLDENWEST ELECTRIC CO-OP INC?
The employer identification number (EIN) of GOLDENWEST ELECTRIC CO-OP INC is 81-0216809.
Is GOLDENWEST ELECTRIC CO-OP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1956.
Are donations to GOLDENWEST ELECTRIC CO-OP INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GOLDENWEST ELECTRIC CO-OP 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 GOLDENWEST ELECTRIC CO-OP 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 GOLDENWEST ELECTRIC CO-OP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GOLDENWEST ELECTRIC CO-OP INC?
The 990 for the year ended December 31, 2024 names DALE SCHWEIGERT.
Who are the officers and directors of GOLDENWEST ELECTRIC CO-OP INC?
The 990 for the year ended December 31, 2024 lists 11 people; 11 received compensation from the organization, the highest $135,445 (TRAVIS BAKKEN, LINEMAN).
How much revenue does GOLDENWEST ELECTRIC CO-OP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,246,765, expenses of $5,711,597 and total assets of $19,978,607 at year end.

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