Nonprofit · EIN 81-0216871
SHERIDAN ELECTRIC CO-OP INC
Tax-exempt · MEDICINE LAKE, MT 59247
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $21,833,510 | $21,833,510 | $0 | $72,991,659 | $31,596,521 | $41,395,138 |
| December 31, 2024 | 990 | $19,345,244 | $19,345,244 | $0 | $68,442,098 | $27,723,227 | $40,718,871 |
| December 31, 2023 | 990 | $20,196,712 | $17,323,348 | $2,873,364 | $67,848,046 | $27,289,456 | $40,558,590 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,920,005
- Investment income
- $254,146
- Net gain from sales of assets
- $39,266
- Other revenue
- $659,359
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,269,313
- Compensation of officers, directors and key employees
- $354,427
- Salaries, compensation and benefits (total)
- $1,147,201
- Professional fundraising fees
- $0
- Depreciation
- $2,719,038
Balance sheet and other
- Total assets, start of year
- $68,442,098
- Total assets, end of year
- $72,991,659
- Total liabilities, end of year
- $31,596,521
- Net assets, end of year
- $41,395,138
- Land, buildings and equipment
- $55,403,743
- Gross receipts
- $21,833,510
- Employees
- 31
- Volunteers
- 0
- Year formed
- 1946
- 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 |
|---|---|---|---|---|
| SCOTT WESTLUND | GENERAL MANAGER Officer | 40 | $190,583 | $144,827 |
| KORY OPP | LINE SUPERINTENDENT Highest-paid employee | 40 | $165,452 | $76,846 |
| JOSH JOHNSON | MEMBER SERVICE & MARKETING Highest-paid employee | 40 | $154,286 | $72,568 |
| RILEY TOMMERUP | OFFICE MANAGER Officer | 40 | $135,244 | $70,386 |
| SHAWN SANSAVER | LINE FOREMAN Highest-paid employee | 40 | $137,481 | $53,985 |
| BRYAN LENZ | WAREHOUSE Highest-paid employee | 40 | $123,313 | $51,751 |
| JOSHUA MING | LINE SUB-FOREMAN LINEMAN Highest-paid employee | 40 | $123,987 | $33,070 |
| ANDY DETHMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $4,000 | $34,498 |
| KERREY HEPPNER | TREASURER Trustee or director, Officer | 1 | $3,200 | $34,498 |
| ROBERT RUST | SECRETARY Trustee or director, Officer | 1 | $2,600 | $34,498 |
| RICK HANSEN | VICE PRESIDENT - RETIRED Trustee or director | 1 | $3,000 | $27,675 |
| JODY LAGERQUIST | DIRECTOR Trustee or director | 1 | $4,200 | $18,226 |
| RODNEY SMITH | PRESIDENT Trustee or director, Officer | 1 | $4,000 | $18,226 |
| MARK ERICKSON | DIRECTOR Trustee or director | 1 | $2,800 | $18,226 |
| SHERL SHANKS | DIRECTOR Trustee or director | 1 | $2,800 | $18,226 |
1 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HARLAN SKILLINGBERG | DIRECTOR Trustee or director | 1 | $2,000 | $18,131 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT WESTLUND | GENERAL MANAGER Officer | 40 | $178,852 | $125,922 |
| KORY OPP | LINE SUPERINTENDENT Highest-paid employee | 40 | $163,142 | $112,238 |
| JOSH JOHNSON | MEMBER SERVICE & MARKETING MANAGER Highest-paid employee | 40 | $139,490 | $60,282 |
| RILEY TOMMERUP | OFFICE MANAGER Officer | 40 | $131,134 | $60,781 |
| SHAWN SANSAVER | LINE FOREMAN Highest-paid employee | 40 | $129,048 | $45,007 |
| BRYAN LENZ | WAREHOUSE Highest-paid employee | 40 | $120,537 | $47,953 |
| JOSHUA MING | LINE SUB-FOREMAN LINEMAN Highest-paid employee | 40 | $124,952 | $31,060 |
| RICK HANSEN | VICE PRESIDENT Trustee or director, Officer | 1 | $3,600 | $31,802 |
| KERREY HEPPNER | TREASURER Trustee or director, Officer | 1 | $3,000 | $31,802 |
| ROBERT RUST | SECRETARY Trustee or director, Officer | 1 | $2,400 | $31,802 |
| ALAN DANELSON | DIRECTOR Trustee or director | 1 | $1,800 | $24,767 |
| RODNEY SMITH | PRESIDENT Trustee or director, Officer | 1 | $4,400 | $18,215 |
| JODY LAGERQUIST | DIRECTOR Trustee or director | 1 | $3,000 | $18,215 |
| SHERL SHANKS | DIRECTOR Trustee or director | 1 | $2,600 | $18,179 |
| ANDY DETHMAN | DIRECTOR Trustee or director | 1 | $2,400 | $18,215 |
| HARLAN SKILLINGBERG | DIRECTOR Trustee or director | 1 | $2,200 | $18,124 |
| MARK ERICKSON | DIRECTOR Trustee or director | 1 | $800 | $4,536 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN DANIELSON | BOARD MEMBER Trustee or director | – | $0 |
| ANDREW DETHMAN | BOARD MEMBER Trustee or director | – | $0 |
| JODY LAGERQUIST | BOARD MEMBER Trustee or director | – | $0 |
| SHERL SHANKS | BOARD MEMBER Trustee or director | – | $0 |
| HARLAN SKILLINGBERG | BOARD MEMBER Trustee or director | – | $0 |
| RICK HANSEN | VICE PRESIDE Officer | – | $0 |
| KERREY HEPPNER | TREASURER Officer | – | $0 |
| ROBERT RUST | SECRETARY Officer | – | $0 |
| RODNEY SMITH | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 227, MEDICINE LAKE, MT 59247-0227
- In care of
- % RICK KNICK MANAGER
- Principal officer (990 for 2025)
- SCOTT WESTLUND, PO BOX 227, MEDICINE LAKE, MT 59247
- Signed the 990
- SCOTT WESTLUND, GENERAL MANAGER
- Phone
- (406) 489-2231
- Website
- WWW.SHERIDANELECTRIC.COOP
- Return prepared by
- BRADY MARTZ PLLC
Mission
RURAL ELECTRIC COOPERATIVE PROVIDES ELECTRIC SERVICES TO MEMBERS
Program accomplishments
- RURAL ELECTRIC COOPERATIVE PROVIDES ELECTRIC SERVICES TO MEMBERS
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
- 81-0216871
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1951
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $72,991,659
- Income (IRS master file)
- $21,833,510
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $21,833,510 | $21,833,510 | $72,991,659 | XML |
| 990 | December 2024 | $19,345,244 | $19,345,244 | $68,442,098 | XML |
| 990 | December 2023 | $20,196,712 | $17,323,348 | $67,848,046 | XML |
| 990 | December 2022 | $19,827,462 | $15,965,553 | $67,525,493 | 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 81-0216871).
Questions about SHERIDAN ELECTRIC CO-OP INC
- What is the EIN of SHERIDAN ELECTRIC CO-OP INC?
- The employer identification number (EIN) of SHERIDAN ELECTRIC CO-OP INC is 81-0216871.
- Is SHERIDAN ELECTRIC CO-OP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1951.
- Are donations to SHERIDAN ELECTRIC CO-OP INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHERIDAN 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 SHERIDAN 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 SHERIDAN 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 2025.
- Who is the principal officer of SHERIDAN ELECTRIC CO-OP INC?
- The 990 for the year ended December 31, 2025 names SCOTT WESTLUND.
- Who are the officers and directors of SHERIDAN ELECTRIC CO-OP INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 16 received compensation from the organization, the highest $190,583 (SCOTT WESTLUND, GENERAL MANAGER).
- How much revenue does SHERIDAN ELECTRIC CO-OP INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $21,833,510, expenses of $21,833,510 and total assets of $72,991,659 at year end.
Other nonprofits in MEDICINE LAKE
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- MEDICINE LAKE HONKER FOUNDATION INC EIN 20-8981631 · last filed 990-N for 2025
- SHERIDAN ELECTRIC TRUST INC EIN 41-3545147 · last filed 990-N for 2025