Nonprofit · EIN 81-0218128
MARIAS RIVER ELECTRIC COOPERATIVE INC
Tax-exempt · SHELBY, MT 59474
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,739,360 | $8,739,360 | $0 | $22,203,575 | $9,696,091 | $12,507,484 |
| December 31, 2024 | 990 | $8,392,138 | $8,392,138 | $0 | $21,967,316 | $10,107,479 | $11,859,837 |
| December 31, 2023 | 990 | $7,768,073 | $7,810,406 | -$42,333 | $21,285,494 | $10,337,839 | $10,947,655 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,160,111
- Investment income
- $29,342
- Other revenue
- $549,907
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $967,533
- Compensation of officers, directors and key employees
- $281,985
- Other salaries and wages
- $131,857
- Salaries, compensation and benefits (total)
- $423,010
- Professional fundraising fees
- $0
- Travel
- $25,572
- Depreciation
- $787,230
- Program services (functional)
- $7,393,177
- Management and general (functional)
- $1,346,183
Balance sheet and other
- Total assets, start of year
- $21,967,316
- Total assets, end of year
- $22,203,575
- Total liabilities, end of year
- $9,696,091
- Net assets, end of year
- $12,507,484
- Land, buildings and equipment
- $15,961,359
- Gross receipts
- $8,739,360
- Employees
- 23
- Volunteers
- 0
- Year formed
- 1945
- 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 |
|---|---|---|---|---|
| SHANE CLARK | MANAGER Officer | 40 | $154,214 | $78,063 |
| RYAN AUSTIN | OPERATIONS SUPERINTENDENT Highest-paid employee | 40 | $128,572 | $70,581 |
| JUSTIN NELSON | FOREMAN Highest-paid employee | 40 | $127,746 | $40,848 |
| ALEX HELGESON | JOURNEYMAN LINEMAN Highest-paid employee | 40 | $118,001 | $38,424 |
| CORY LAMB | MAPPING TECH/JOURNEYMAN Highest-paid employee | 40 | $114,372 | $39,015 |
| DEREK DOANE | JOURNEYMAN LINEMAN Highest-paid employee | 40 | $112,419 | $38,650 |
| MERLE RAPH | PRESIDENT Trustee or director, Officer | 3.43 | $10,239 | $0 |
| JOE SISK | SECRETARY/TREASURER Trustee or director, Officer | 1.9 | $7,670 | $0 |
| MEL FRETHEIM | TRUSTEE Trustee or director | 1.85 | $6,406 | $0 |
| TERRY PETERS | TRUSTEE Trustee or director | 1.3 | $5,245 | $0 |
| RENAE MANLEY | TRUSTEE Trustee or director | 1.63 | $5,132 | $0 |
| SHANNON DUNK | TRUSTEE Trustee or director | 1.13 | $4,303 | $0 |
| ADRIAN HAWKS | VICE PRESIDENT Trustee or director, Officer | 0.88 | $3,746 | $0 |
| SHANNON MCALLISTER | TRUSTEE Trustee or director | 0.9 | $3,608 | $0 |
| DAN GLIKO | TRUSTEE Trustee or director | 0.9 | $3,359 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANE CLARK | MANAGER Officer | 40 | $140,782 | $51,529 |
| RYAN AUSTIN | OPERATIONS SUPERINTENDENT Highest-paid employee | 40 | $122,629 | $67,658 |
| JUSTIN NELSON | FOREMAN Highest-paid employee | 40 | $126,560 | $38,571 |
| CORY LAMB | MAPPING TECH/JOURNEYMAN Highest-paid employee | 40 | $114,975 | $36,570 |
| MICHAEL LUKE WOOD | JOURNEYMAN LINEMAN Highest-paid employee | 40 | $115,187 | $30,226 |
| DEREK DOANE | JOURNEYMAN LINEMAN Highest-paid employee | 40 | $107,919 | $36,549 |
| MERLE RAPH | PRESIDENT Trustee or director, Officer | 2.83 | $5,984 | $0 |
| MEL FRETHEIM | TRUSTEE Trustee or director | 2.25 | $4,458 | $0 |
| JOE SISK | SECRETARY/TREASURER Trustee or director, Officer | 1.25 | $4,008 | $0 |
| RENAE MANLEY | TRUSTEE Trustee or director | 1.69 | $3,744 | $0 |
| TERRY PETERS | TRUSTEE Trustee or director | 0.89 | $3,075 | $0 |
| ADRIAN HAWKS | VICE PRESIDENT Trustee or director, Officer | 0.88 | $2,757 | $0 |
| SHANNON DUNK | TRUSTEE Trustee or director | 1.03 | $2,598 | $0 |
| DAN GLIKO | TRUSTEE Trustee or director | 1.21 | $2,570 | $0 |
| SHANNON MCALLISTER | TRUSTEE Trustee or director | 0.62 | $1,875 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN AUSTIN | OPERATIONS SUPERINTENDENT Highest-paid employee | 40 | $113,257 | $64,555 |
| SHIRLEY KRONEBUSCH | OFFICE MANAGER Highest-paid employee | 40 | $122,020 | $52,012 |
| KRIS INGENTHRON THRU JUNE | MANAGER Officer | 40 | $121,175 | $42,243 |
| JUSTIN NELSON | FOREMAN Highest-paid employee | 40 | $112,903 | $36,650 |
| CORY LAMB | SUB-FOREMAN Highest-paid employee | 40 | $103,156 | $34,748 |
| SHANE CLARK STARTING JULY | MANAGER Officer | 40 | $56,005 | $6,449 |
| MERLE RAPH | PRESIDENT Trustee or director, Officer | 4.24 | $8,465 | $0 |
| MEL FRETHEIM | TRUSTEE Trustee or director | 2.08 | $5,660 | $0 |
| JOE SISK | SECRETARY/TREASURER Trustee or director, Officer | 1.87 | $5,447 | $0 |
| SHANNON DUNK | TRUSTEE Trustee or director | 1.35 | $4,300 | $0 |
| DAN GLIKO | TRUSTEE Trustee or director | 1.54 | $4,141 | $0 |
| RENAE MANLEY | TRUSTEE Trustee or director | 1.7 | $3,971 | $0 |
| ADRIAN HAWKS | VICE PRESIDENT Trustee or director, Officer | 0.71 | $3,714 | $0 |
| SHANNON MCALLISTER | TRUSTEE Trustee or director | 0.86 | $3,047 | $0 |
| TERRY PETERS | TRUSTEE Trustee or director | 0.63 | $2,629 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 729, SHELBY, MT 59474-0729
- Principal officer (990 for 2025)
- MERLE RAPH, PO BOX 729, SHELBY, MT 59474
- Signed the 990
- MERLE RAPH, PRESIDENT
- Phone
- (406) 434-5575
- Website
- WWW.MARIASRIVEREC.COM
- Return prepared by
- DOUGLAS WILSON & COMPANY PC
Mission
PROVIDE ELECTRICAL POWER TO RURAL NORTHERN MONTANA
Program accomplishments
- PROVIDE ELECTRIC POWER SERVICE TO COOPERATIVE MEMBERS IN NORTHERN RURAL MONTANAExpenses $7,393,177 · revenue $8,710,018
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
- 81-0218128
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W80Z)
- Assets (IRS master file)
- $22,203,575
- Income (IRS master file)
- $8,739,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,739,360 | $8,739,360 | $22,203,575 | IRS |
| 990 | December 2024 | $8,392,138 | $8,392,138 | $21,967,316 | IRS |
| 990 | December 2023 | $7,768,073 | $7,810,406 | $21,285,494 | XML |
| 990 | December 2022 | $8,248,115 | $8,168,680 | $20,281,608 | 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 81-0218128).
Questions about MARIAS RIVER ELECTRIC COOPERATIVE INC
- What is the EIN of MARIAS RIVER ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of MARIAS RIVER ELECTRIC COOPERATIVE INC is 81-0218128.
- Is MARIAS RIVER ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1948.
- Are donations to MARIAS RIVER ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARIAS 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 MARIAS RIVER ELECTRIC COOPERATIVE 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 MARIAS 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 2025.
- Who is the principal officer of MARIAS RIVER ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names MERLE RAPH.
- Who are the officers and directors of MARIAS RIVER ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $154,214 (SHANE CLARK, MANAGER).
- How much revenue does MARIAS RIVER ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,739,360, expenses of $8,739,360 and total assets of $22,203,575 at year end.
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All nonprofits in SHELBY · Montana · Public and societal benefit