Nonprofit · EIN 83-0108674
CARBON POWER & LIGHT INC
Tax-exempt · SARATOGA, WY 82331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,582,301 | $17,582,301 | $0 | $60,063,120 | $28,248,890 | $31,814,230 |
| December 31, 2023 | 990 | $16,514,104 | $16,514,104 | $0 | $58,775,087 | $26,695,679 | $32,079,408 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $17,306,700
- Investment income
- $260,806
- Net gain from sales of assets
- $1,138
- Other revenue
- $14,795
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $728,960
- Compensation of officers, directors and key employees
- $349,692
- Other salaries and wages
- $2,559,263
- Salaries, compensation and benefits (total)
- $4,416,049
- Professional fundraising fees
- $0
- Depreciation
- $1,431,984
Balance sheet and other
- Total assets, start of year
- $58,775,087
- Total assets, end of year
- $60,063,120
- Total liabilities, end of year
- $28,248,890
- Net assets, end of year
- $31,814,230
- Land, buildings and equipment
- $42,084,418
- Gross receipts
- $17,582,301
- Employees
- 28
- State of legal domicile
- WY
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RUSSELL WALDNER | GENERAL MANAGER Officer | 40 | $188,982 | $78,668 |
| MATTHEW LOVE | Line Foreman | 40 | $125,444 | $95,639 |
| Thomas Westring | DIR OF OPERATIONS | 40 | $134,849 | $77,248 |
| KIRBY LARSON | Journeyman Lineman | 40 | $134,937 | $50,289 |
| JAMES BECKMANN | Dir of Engineering | 40 | $120,979 | $54,157 |
| BRADY BOROWSKI | Journeyman Lineman | 40 | $120,160 | $42,468 |
| EVERETT SUMMERS | Director Trustee or director | 4 | $10,550 | $0 |
| KENNETH CURRY | Secretary Trustee or director, Officer | 3.25 | $10,394 | $0 |
| SHAE JOHNSON | Director Trustee or director | 4.5 | $9,883 | $0 |
| JOE DEVINE | Director Trustee or director | 4.12 | $9,200 | $0 |
| JAMES ROGERS | President Trustee or director, Officer | 2.83 | $9,036 | $0 |
| N CLAY THOMPSON | Vice President Trustee or director, Officer | 6.39 | $8,896 | $0 |
| ROGER COX | Director Trustee or director | 3.79 | $8,798 | $0 |
| DEBRA REICHERT | Treasurer Trustee or director, Officer | 2.5 | $7,959 | $0 |
| SHAWN BROWN | Director Trustee or director | 1.94 | $3,881 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY JACOBSEN | Secretary Trustee or director, Officer | 1.6 | $3,445 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RUSSELL WALDNER | GENERAL MANAGER Officer | 40 | $182,606 | $111,173 |
| MATTHEW LOVE | Line Foreman | 40 | $119,915 | $104,398 |
| Thomas Westring | DIR OF OPERATIONS | 40 | $126,009 | $95,242 |
| KIRBY LARSON | Journeyman Lineman | 40 | $122,560 | $69,739 |
| JAMES BECKMANN | Dir of Engineering | 40 | $113,993 | $72,684 |
| CORY JUHNKE | Journeyman Lineman | 40 | $110,806 | $48,979 |
| KENNETH CURRY | Director Trustee or director | 3.15 | $10,730 | $0 |
| GARY JACOBSEN | Secretary Trustee or director, Officer | 4.1 | $10,513 | $0 |
| JOE DEVINE | Director Trustee or director | 4.2 | $9,893 | $0 |
| DEBRA REICHERT | Treasurer Trustee or director, Officer | 3.8 | $9,706 | $0 |
| EVERETT SUMMERS | Director Trustee or director | 2.6 | $9,618 | $0 |
| ROGER COX | Director Trustee or director | 4 | $9,480 | $0 |
| SHAE JOHNSON | Director Trustee or director | 2.6 | $8,927 | $0 |
| N CLAY THOMPSON | Vice President Trustee or director, Officer | 4.6 | $8,783 | $0 |
| JAMES ROGERS | President Trustee or director, Officer | 2.6 | $8,258 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 579, SARATOGA, WY 82331-0579
- Principal officer (990 for 2024)
- RUSSELL WALDNER, PO BOX 579, SARATOGA, WY 823310579
- Signed the 990
- RUSSELL WALDNER, GENERAL MANAGER
- Phone
- (307) 326-5206
- Website
- www.carbonpower.com
- Return prepared by
- Moody Mickelsen Rowley & Adamson P S
Mission
TO PROVIDE RELIABLE ELECTRIC SERVICE TO OUR MEMBERS/OWNERS [C - CONTINUALLY COMMUNICATE OUR COMMITMENT TO COMMUNITY; P - PLAN PRODUCTIVELY, PERFECT OUR POTENTIAL AND BE PASSIONATE ABOUT OUR MEMBER/OWNER PERSPECTIVE; & L - LEARN, LEAD AND LIGHT THE WAY TO BETTER THE QUALITY OF LIFE FOR OUR MEMBERS/OWNERS]
Program accomplishments
- PROVIDE RELIABLE ELECTRIC SERVICE TO RURAL ELECTRIC MEMBER/OWNERS.
- PROVIDE OTHER SERVICES TO MEMBER/OWNERS, INCLUDING SATELLITE INTERNET SERVICES, THERMAL ELECTRIC STORAGE HEATERS, ELECTRIC WATER HEATERS, AND POWER QUALITY MATERIALS AND EQUIPMENT.
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 | Not 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
- 83-0108674
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $60,063,120
- Income (IRS master file)
- $17,582,301
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $17,582,301 | $17,582,301 | $60,063,120 | XML |
| 990 | December 2023 | $16,514,104 | $16,514,104 | $58,775,087 | XML |
| 990 | December 2022 | $16,247,543 | $16,247,543 | $57,026,158 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 83-0108674).
Questions about CARBON POWER & LIGHT INC
- What is the EIN of CARBON POWER & LIGHT INC?
- The employer identification number (EIN) of CARBON POWER & LIGHT INC is 83-0108674.
- Is CARBON POWER & LIGHT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1943.
- Are donations to CARBON POWER & LIGHT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CARBON POWER & LIGHT 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 CARBON POWER & LIGHT 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 CARBON POWER & LIGHT 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 CARBON POWER & LIGHT INC?
- The 990 for the year ended December 31, 2024 names RUSSELL WALDNER.
- Who are the officers and directors of CARBON POWER & LIGHT INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $188,982 (RUSSELL WALDNER, GENERAL MANAGER).
- How much revenue does CARBON POWER & LIGHT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $17,582,301, expenses of $17,582,301 and total assets of $60,063,120 at year end.
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