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Nonprofit · EIN 81-0186335

RAVALLI COUNTY ELECTRIC COOPERATIVE INC

Tax-exempt · VICTOR, MT 59875

Financials

$18.6M$18.5M2023$20.7M$20.7M2024
Revenue Expenses · by fiscal year end
Financials of RAVALLI COUNTY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$20,690,346$20,715,246-$24,900$47,187,474$29,949,813$17,237,661
December 31, 2023990$18,569,745$18,496,687$73,058$46,106,621$28,400,070$17,706,551
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$20,528,298
Investment income
$161,666
Net gain from sales of assets
$8,000
Other revenue
$382

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$685,766
Compensation of officers, directors and key employees
$683,729
Other salaries and wages
$3,392,065
Salaries, compensation and benefits (total)
$6,186,446
Professional fundraising fees
$0
Legal fees
$21,557
Accounting fees
$21,942
Travel
$394,263
Depreciation
$2,094,695

Balance sheet and other

Total assets, start of year
$46,106,621
Total assets, end of year
$47,187,474
Total liabilities, end of year
$29,949,813
Net assets, end of year
$17,237,661
Land, buildings and equipment
$39,448,897
Publicly traded securities
$831,610
Gross receipts
$20,690,346
Employees
40
Year formed
1936
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
Mark GrotboGeneral Manager
Officer
0$534,502$126,266
Kyle Kearns–
Highest-paid employee
0$189,978$87,219
Dan Kratofil–
Highest-paid employee
0$156,736$62,763
Kenneth Buhler–
Highest-paid employee
0$143,661$69,278
Brent Ballard–
Highest-paid employee
0$151,256$51,519
Brennen Lund–
Highest-paid employee
0$145,619$56,159
Nicole UlibarriChief Financial Officer
Officer
0$149,227$48,546
Rex GriffinDirector
Trustee or director
0$31,905$0
Brien WeberSecretary-Treasurer
Trustee or director, Officer
0$26,552$0
Dennis SchneiterVice President
Trustee or director, Officer
0$26,356$0
Robert PophamPresident
Trustee or director, Officer
0$25,966$0
Larry TrexlerDirector
Trustee or director
0$25,816$0
Robert BaileyDirector
Trustee or director
0$25,125$0
Fred ThomasDirector
Trustee or director
0$24,016$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Mark GrotboGeneral Manager
Officer
47.5$343,894$112,183
Kyle KearnsMgr of Ops46.6$162,448$79,840
Daniel KratofilService Lineman46.8$143,622$59,882
Todd IrwinApparataus Lineman44.1$130,122$66,622
Kenneth BuhlerLineman43.5$127,788$66,388
Matthew OlsonLineman46.5$137,685$50,046
Nicole UlibarriCFO
Officer
44$135,081$46,264
Rex S GriffinDirector
Trustee or director
13.4$32,734$0
Robert PophamPresident
Trustee or director, Officer
14.1$29,483$0
Larry TrexlerDirector
Trustee or director
11$27,334$0
Brien WeberSec/Treasurer
Trustee or director, Officer
10.5$27,334$0
Fred ThomasDirector
Trustee or director
10.7$27,334$0
Dennis L SchneiterVice President
Trustee or director, Officer
10.3$27,033$0
Robert S BaileyDirector
Trustee or director
6.4$25,683$0

Address and contacts

Address (IRS master file)
143 BELL XING W, VICTOR, MT 59875-9529
In care of
% COLIN GUNSTREAM
Principal officer (990 for 2024)
Mark Grotbo, 143 Bell Crossing W, Victor, MT 59875
Signed the 990
COLIN GUNSTREAM, Chief Financial Officer
Phone
(406) 961-3001
Return prepared by
MADDAD Accounting and Tax Services

Mission

To provide electrical power and services to its members located in its service area

990 for the year ended December 31, 2024

Program accomplishments

  • Cooperative used its resources and activities to distribute and provide electrical power and services to its members located in southwest 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
81-0186335
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$47,187,474
Income (IRS master file)
$20,690,346

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$20,690,346$20,715,246$47,187,474XML
990December 2023$18,569,745$18,496,687$46,106,621XML
990December 2022$19,298,450$18,847,274$45,342,716IRS
990December 2021–––IRS
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 81-0186335).

Questions about RAVALLI COUNTY ELECTRIC COOPERATIVE INC

What is the EIN of RAVALLI COUNTY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of RAVALLI COUNTY ELECTRIC COOPERATIVE INC is 81-0186335.
Is RAVALLI COUNTY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to RAVALLI COUNTY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RAVALLI COUNTY 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 RAVALLI COUNTY 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 RAVALLI COUNTY 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 RAVALLI COUNTY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names Mark Grotbo.
Who are the officers and directors of RAVALLI COUNTY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $534,502 (Mark Grotbo, General Manager).
How much revenue does RAVALLI COUNTY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $20,690,346, expenses of $20,715,246 and total assets of $47,187,474 at year end.

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