Skip to main content

Nonprofit · EIN 81-0225169

TONGUE RIVER ELECTRIC COOPERATIVE INC

Tax-exempt · ASHLAND, MT 59003

Financials

$13.7M$14.4M2021$13.6M$12.9M2023$13.8M$13.2M2024
Revenue Expenses · by fiscal year end
Financials of TONGUE RIVER ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,795,950$13,181,645$614,305$38,881,109$23,666,065$15,215,044
December 31, 2023990$13,605,264$12,931,205$674,059$37,778,195$23,177,456$14,600,739
December 31, 2021990$13,668,409$14,368,449-$700,040$35,323,554$22,702,216$12,621,338
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,311,241
Investment income
$24,589
Other revenue
$460,120

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$276,250
Compensation of officers, directors and key employees
$462,291
Other salaries and wages
$175,582
Salaries, compensation and benefits (total)
$748,793
Professional fundraising fees
$0
Legal fees
$6,858
Accounting fees
$12,000
Depreciation
$1,430,194

Balance sheet and other

Total assets, start of year
$37,778,195
Total assets, end of year
$38,881,109
Total liabilities, end of year
$23,666,065
Net assets, end of year
$15,215,044
Land, buildings and equipment
$31,402,158
Gross receipts
$13,795,950
Employees
23
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TARY HANSONGENERAL MANAGER
Officer
40$160,668$78,523
BRIAN TORGERSONCONTROLLER
Officer
40$106,529$61,633
MILES P DENNISLINEMAN
Highest-paid employee
40$121,900$0
BRENT N HELMLINEMAN
Highest-paid employee
40$120,940$0
GARY D BARTLETTLINEMAN
Highest-paid employee
40$119,235$0
JEFFREY T RYANLINEMAN
Highest-paid employee
40$111,156$0
PAUL R STOLLENWERKLINEMAN
Highest-paid employee
40$111,104$0
JIM COLLINSPRESIDENT
Trustee or director, Officer
7.4$13,550$0
DEE DEE ISAACSASSISTANT SEC/TREAS
Trustee or director
3.65$7,350$0
FOREST DUNNINGVICE PRESIDENT
Trustee or director, Officer
2.77$5,850$0
GARY P HELMSECRETARY TREASURER
Trustee or director, Officer
2.62$5,525$0
ROBERT JANSSENDIRECTOR
Trustee or director
2.02$5,525$0
RICHARD HAMILTONDIRECTOR
Trustee or director
2.08$4,550$0
DIANA MCLEANNORTHERN CHEYENNE REPRESEN
Trustee or director
2.04$4,388$0
VICKY TUSLERDIRECTOR
Trustee or director
2.06$4,300$0
1 more people on this return
NameTitleHours / weekCompensation
CRAIG RANDALLDIRECTOR
Trustee or director
1.58$3,900
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
TARY HANSONGENERAL MANAGER
Officer
40$155,473$75,665
BRIAN TORGERSONCONTROLLER
Officer
40$103,483$59,324
MILES P DENNISLINEMAN
Highest-paid employee
40$110,127$0
TIMOTHY M STRADINGERLINEMAN
Highest-paid employee
40$109,395$0
BRENT N HELMLINEMAN
Highest-paid employee
40$105,737$0
GARY D BARTLETTLINEMAN
Highest-paid employee
40$105,267$0
JEFFREY T RYANLINEMAN
Highest-paid employee
40$101,842$0
JIM COLLINSPRESIDENT
Trustee or director, Officer
6.63$13,663$0
DEE DEE ISAACSASSISTANT SEC/TREAS
Trustee or director
2.67$7,313$0
DIANA MCLEANNORTHERN CHEYENNE REPRESEN
Trustee or director
2.83$6,825$0
FOREST DUNNINGVICE PRESIDENT
Trustee or director, Officer
3.08$6,500$0
GARY P HELMSECRETARY TREASURER
Trustee or director, Officer
2.88$6,175$0
ROBERT JANSSENDIRECTOR
Trustee or director
2.52$5,850$0
VICKY TUSLERDIRECTOR
Trustee or director
2.6$4,875$0
RICHARD HAMILTONDIRECTOR
Trustee or director
2.24$4,713$0
CRAIG RANDALLDIRECTOR
Trustee or director
1.5$3,900$0
CURTIS ELKSHOULDER JRDIRECTOR
Trustee or director
0.96$2,275$0
990 for the year ended December 31, 2021: 13 people
NameTitleHours / weekCompensationOther / benefits
TARY HANSONGENERAL MANAGER
Officer
40$142,171$65,653
ROSE LEIENGINEER
Highest-paid employee
40$103,823$46,072
BRIAN TORGERSONCONTROLLER
Officer
40$91,611$50,273
DEE DEE ISAACSASSISTANT SEC/TREAS
Trustee or director
7.13$12,863$0
JIM COLLINSPRESIDENT
Trustee or director, Officer
5.86$9,250$0
ROBERT JANSSENDIRECTOR
Trustee or director
3.23$6,325$0
DIANA MCLEANNORTHERN CHEYENNE REPRESEN
Trustee or director
2.38$5,325$0
FOREST DUNNINGVICE PRESIDENT
Trustee or director, Officer
2.83$5,200$0
RICHARD HAMILTONDIRECTOR
Trustee or director
2.46$4,700$0
CRAIG RANDALLDIRECTOR
Trustee or director
0.81$4,575$0
GARY P HELMSECRETARY TREASURER
Trustee or director, Officer
2.31$3,875$0
VICKY TUSLERDIRECTOR
Trustee or director
2.33$3,150$0
CURTIS ELKSHOULDER JRDIRECTOR
Trustee or director
1.96$3,025$0

Address and contacts

Address (IRS master file)
PO BOX 138, ASHLAND, MT 59003-0138
Principal officer (990 for 2024)
TARY HANSON, 2435 US HIGHWAY 212, ASHLAND, MT 59003
Signed the 990
JIM COLLINS, PRESIDENT
Phone
(406) 784-2341
Return prepared by
SUMMERS MCNEA & CO PC

Mission

RURAL ELECTRIC COOPERATIVE PROVIDING ELECTRICAL ENERGY AND SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN THE SOUTHEASTERN PORTION OF MONTANA.

990 for the year ended December 31, 2024

Program accomplishments

  • RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL POWER AND UTILITIES SERVICES TO APPROXIMATELY 2,666 MEMBERS IN THE SOUTHEASTERN 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0225169
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1954
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,881,109
Income (IRS master file)
$13,795,950

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,795,950$13,181,645$38,881,109XML
990December 2023$13,605,264$12,931,205$37,778,195XML
990December 2022$14,153,845$12,848,503$37,523,189IRS
990December 2021$13,668,409$14,368,449$35,323,554XML
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 81-0225169).

Questions about TONGUE RIVER ELECTRIC COOPERATIVE INC

What is the EIN of TONGUE RIVER ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of TONGUE RIVER ELECTRIC COOPERATIVE INC is 81-0225169.
Is TONGUE RIVER ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1954.
Are donations to TONGUE RIVER ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TONGUE RIVER 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 TONGUE RIVER ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TONGUE RIVER ELECTRIC COOPERATIVE 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 TONGUE RIVER ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names TARY HANSON.
Who are the officers and directors of TONGUE RIVER ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $160,668 (TARY HANSON, GENERAL MANAGER).
How much revenue does TONGUE RIVER ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,795,950, expenses of $13,181,645 and total assets of $38,881,109 at year end.

Other nonprofits in ASHLAND

All nonprofits in ASHLAND · Montana