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Fort Belknap Electric Cooperative Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$19.9M (2023)

Expenses
$19.9M (2023)

Total Assets
$41.4M (2023)

Total Liabilities
$11M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,946,926
Expenses
$19,946,926
Net Income
$0
Net Assets
$30,356,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,784,674
99.2%
Investment Income $77,552
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,400
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $669
0.0%
Other Revenue $78,631
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $422,362
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,135,148
5.7%
Assets/Debt
Total Assets $41,375,442
Total Liabilities $11,019,273
Net Assets $30,356,169
Club or Co-Op Income
Income From Members $20,415,768
Income From Other Sources $399,557
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (Ceo/General Manager) $147,564 $0 $61,821
Rick Ickert (President) $24,653 $0 $0
Terry Creel (Director) $23,753 $0 $0
Jimmy Bruton (Director) $23,553 $0 $0
Bennie Lane (Secretary/Treasurer) $23,553 $0 $0
Jc Mathiews (Director) $23,553 $0 $0
Wilson Taack (Director) $23,543 $0 $0
Larry Hearne (Vice President) $23,517 $0 $0
Kenneth Lowe (Director) $23,453 $0 $0
James R Yancey (Director) $23,399 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,327,038
Expenses
$17,327,038
Net Income
$0
Net Assets
$29,563,969
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,243,763
99.5%
Investment Income $43,273
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,400
0.0%
Net Fundraising $0
Sales of Assets $33,250
0.2%
Net Inventory Sales $1,352
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $420,806
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,064,182
6.1%
Assets/Debt
Total Assets $40,767,507
Total Liabilities $11,203,538
Net Assets $29,563,969
Club or Co-Op Income
Income From Members $18,668,938
Income From Other Sources $223,941
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (Ceo/General Manager) $144,448 $0 $76,048
Rick Ickert (President) $23,260 $0 $0
Bennie Lane (Secretary/Treasurer) $22,660 $0 $0
Wilson Taack (Director) $22,274 $0 $0
Jc Mathiews (Director) $22,060 $0 $0
Terry Creel (Director) $22,060 $0 $0
Kenneth Lowe (Director) $22,060 $0 $0
Larry Hearne (Vice President) $22,004 $0 $0
James R Yancey (Director) $21,972 $0 $0
Jimmy Bruton (Director) $21,960 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,174,182
Expenses
$13,174,182
Net Income
$0
Net Assets
$30,050,599
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,127,508
99.6%
Investment Income $29,675
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,400
0.0%
Net Fundraising $0
Sales of Assets -$396
Net Inventory Sales $1,916
0.0%
Other Revenue $10,079
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $414,746
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,030,650
7.8%
Assets/Debt
Total Assets $40,346,904
Total Liabilities $10,296,305
Net Assets $30,050,599
Club or Co-Op Income
Income From Members $13,683,870
Income From Other Sources $119,645
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (Ceo/General Manager) $141,824 $0 $84,367
Jc Mathiews (Director) $21,974 $0 $0
Rick Ickert (President) $21,259 $0 $0
Wilson Taack (Director) $20,789 $0 $0
Bennie Lane (Secretary/Treasurer) $20,775 $0 $0
Terry Creel (Director) $20,775 $0 $0
Jimmy Bruton (Director) $20,775 $0 $0
Kenneth Lowe (Director) $20,775 $0 $0
Larry Hearne (Vice President) $20,768 $0 $0
James R Yancey (Director) $20,665 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,367,611
Expenses
$12,367,611
Net Income
$0
Net Assets
$30,492,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,876,152
96.0%
Investment Income $34,435
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,730
0.0%
Net Fundraising $0
Sales of Assets $7,000
0.1%
Net Inventory Sales $794
0.0%
Other Revenue $443,500
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $398,863
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $979,882
7.9%
Assets/Debt
Total Assets $40,052,399
Total Liabilities $9,559,560
Net Assets $30,492,839
Club or Co-Op Income
Income From Members $11,810,363
Income From Other Sources $402,365
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (Ceo/General Manager) $148,191 $0 $63,571
Bennie Lane (Secretary/Treasurer) $21,474 $0 $0
Wilson Taack (Director) $21,189 $0 $0
Rick Ickert (President) $20,844 $0 $0
Jc Mathiews (Director) $20,724 $0 $0
Terry Creel (Director) $20,574 $0 $0
Jimmy Bruton (Director) $20,574 $0 $0
Larry Hearne (Vice President) $20,574 $0 $0
Kenneth Lowe (Director) $20,574 $0 $0
James R Yancey (Director) $20,574 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,527,651
Expenses
$12,527,651
Net Income
$0
Net Assets
$30,206,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,482,662
99.6%
Investment Income $33,012
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,758
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,016
0.0%
Other Revenue $4,203
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $358,732
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $981,719
7.8%
Assets/Debt
Total Assets $39,747,325
Total Liabilities $9,540,798
Net Assets $30,206,527
Club or Co-Op Income
Income From Members $12,457,372
Income From Other Sources $1,299,495
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager) $134,193 $0 $53,811
Bennie Lane (Secretary/Treasurer) $20,092 $0 $0
Rick Ickert (President) $19,942 $0 $0
Jc Mathiews (Director) $19,792 $0 $0
Wilson Taack (Director) $19,072 $0 $0
Terry Creel (Director) $18,442 $0 $0
Jimmy Bruton (Director) $18,442 $0 $0
Larry Hearne (Vice President) $18,370 $0 $0
Kenneth Lowe (Director) $18,342 $0 $0
James R Yancey (Director) $18,234 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,167,284
Expenses
$12,167,284
Net Income
$0
Net Assets
$29,266,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,057,136
99.1%
Investment Income $28,636
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,338
0.1%
Net Fundraising $0
Sales of Assets $68,899
0.6%
Net Inventory Sales $1,072
0.0%
Other Revenue $4,203
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $344,768
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $938,982
7.7%
Assets/Debt
Total Assets $39,005,637
Total Liabilities $9,738,842
Net Assets $29,266,795
Club or Co-Op Income
Income From Members $12,257,270
Income From Other Sources $793,745
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager) $131,704 $0 $60,276
Bennie Lane (Secretary/Treasurer) $19,974 $0 $0
Jc Mathiews (Director) $19,374 $0 $0
Rick Ickert (President) $18,041 $0 $0
Kenneth Lowe (Director) $17,725 $0 $0
Terry Creel (Director) $17,424 $0 $0
Jimmy Bruton (Director) $16,442 $0 $0
Larry Hearne (Vice President) $15,148 $0 $0
James R Yancey (Director) $14,571 $0 $0
Wilson Taack (Director) $14,089 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,112,944
Expenses
$11,112,944
Net Income
$0
Net Assets
$32,367,135
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,057,991
99.5%
Investment Income $26,467
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,960
0.1%
Net Fundraising $0
Sales of Assets $16,323
0.1%
Net Inventory Sales $1,000
0.0%
Other Revenue $4,203
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $414,071
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $883,668
8.0%
Assets/Debt
Total Assets $38,043,631
Total Liabilities $5,676,496
Net Assets $32,367,135
Club or Co-Op Income
Income From Members $11,058,102
Income From Other Sources $708,743
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager) $130,105 $0 $66,608
Kasia Castro (Cfo) $49,496 $0 $16,053
Bennie Lane (Secretary/Treasurer) $22,002 $0 $0
Rick Ickert (President) $19,702 $0 $0
Jc Mathiews (Director) $18,402 $0 $0
Jimmy Bruton (Director) $16,602 $0 $0
Terry Creel (Director) $16,502 $0 $0
Kenneth Lowe (Director) $16,502 $0 $0
Larry Hearne (Vice President) $14,668 $0 $0
James R Yancey (Director) $13,935 $0 $0
Wilson Taack (Director) $13,494 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,551,649
Expenses
$10,551,649
Net Income
$0
Net Assets
$31,759,905
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,494,118
99.5%
Investment Income $29,848
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $11,035
0.1%
Net Fundraising $0
Sales of Assets $10,975
0.1%
Net Inventory Sales $1,470
0.0%
Other Revenue $4,203
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $426,220
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $835,419
7.9%
Assets/Debt
Total Assets $37,757,568
Total Liabilities $5,997,663
Net Assets $31,759,905
Club or Co-Op Income
Income From Members $10,558,331
Income From Other Sources $1,278,169
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager/Ceo) $130,733 $0 $67,917
Kasia Castro (Cfo) $49,602 $0 $21,560
Bennie Lane (Secretary / Treasurer) $22,078 $0 $0
Rick Ickert (President) $20,131 $0 $0
Jc Mathiews (Director) $18,478 $0 $0
Kenneth Lowe (Director) $17,378 $0 $0
Terry Creel (Director) $17,228 $0 $0
Jimmy Bruton (Director) $17,031 $0 $0
Larry Hearne (Vice President) $15,459 $0 $0
James R Yancey (Director) $14,901 $0 $0
Wilson Taack (Director) $13,724 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,141,007
Expenses
$12,141,007
Net Income
$0
Net Assets
$31,529,157
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,067,292
99.4%
Investment Income $35,539
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,723
0.1%
Net Fundraising $0
Sales of Assets $20,098
0.2%
Net Inventory Sales $1,152
0.0%
Other Revenue $4,203
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $400,752
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $727,493
6.0%
Assets/Debt
Total Assets $37,746,233
Total Liabilities $6,217,076
Net Assets $31,529,157
Club or Co-Op Income
Income From Members $11,967,721
Income From Other Sources $141,106
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager/Ceo) $128,840 $0 $58,248
Kasia Castro (Cfo) $49,405 $0 $17,151
Bennie Lane (Secretary / Treasurer) $20,689 $0 $0
Rick Ickert (President) $18,695 $0 $0
Jc Mathiews (Director) $17,839 $0 $0
Kenneth Lowe (Director) $16,339 $0 $0
Jimmy Bruton (Director) $16,145 $0 $0
Terry Creel (Director) $16,040 $0 $0
Larry Hearne (Vice President) $14,395 $0 $0
James R Yancey (Director) $13,843 $0 $0
Wilson Taack (Director) $13,123 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,923,687
Expenses
$13,923,687
Net Income
$0
Net Assets
$30,807,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,832,845
99.3%
Investment Income $61,049
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,816
0.0%
Net Fundraising $0
Sales of Assets $23,499
0.2%
Net Inventory Sales $1,478
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $412,852
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $653,225
4.7%
Assets/Debt
Total Assets $37,418,279
Total Liabilities $6,610,816
Net Assets $30,807,463
Club or Co-Op Income
Income From Members $13,886,099
Income From Other Sources $167,608
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager/Ceo) $127,020 $0 $48,064
Kasia Castro (Cfo) $48,173 $0 $15,300
Bennie Lane (Secretary / Treasurer) $22,668 $0 $0
Rick Ickert (President) $21,597 $0 $0
Jc Mathiews (Director) $20,562 $0 $0
Kenneth Lowe (Director) $20,262 $0 $0
Jimmy Bruton (Director) $19,062 $0 $0
Terry Creel (Director) $18,962 $0 $0
Wilson Taack (Director) $18,740 $0 $0
James R Yancey (Director) $16,643 $0 $0
Larry Hearne (Vice President) $15,799 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,997,207
Expenses
$11,722,207
Net Income
$1,275,000
Net Assets
$29,294,561
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,644,040
89.6%
Investment Income $1,340,457
10.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,334
0.0%
Net Fundraising $0
Sales of Assets $5,217
0.0%
Net Inventory Sales $2,159
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $331,203
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $655,026
5.6%
Assets/Debt
Total Assets $36,967,969
Total Liabilities $7,673,408
Net Assets $29,294,561
Club or Co-Op Income
Income From Members $12,199,987
Income From Other Sources $1,428,450
Compensation
Key Employees and Officers Compensation Related Other
Kendall Montgomery (General Manager/Ceo) $119,175 $0 $57,000
Kasia Castro (Cfo) $46,399 $0 $16,098
Rick Ickert (President) $19,254 $0 $0
Jimmy Bruton (Director) $17,112 $0 $0
Kenneth Lowe (Director) $14,292 $0 $0
Wilson Taack (Director) $10,494 $0 $0
Jc Mathiews (Director) $9,019 $0 $0
Larry Hearne (Vice President) $8,654 $0 $0
Bennie Lane (Secretary / Treasurer) $5,935 $0 $0
Terry Creel (Director) $5,483 $0 $0
James R Yancey (Director) $2,288 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,011,408
Expenses
$11,061,408
Net Income
$950,000
Net Assets
$27,401,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,983,711
91.4%
Investment Income $1,019,934
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,659
0.0%
Net Fundraising $0
Sales of Assets -$326
Net Inventory Sales $3,430
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $315,691
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $627,504
5.7%
Assets/Debt
Total Assets $35,386,047
Total Liabilities $7,985,001
Net Assets $27,401,046
Club or Co-Op Income
Income From Members $11,462,801
Income From Other Sources $1,078,251

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,241,977
Expenses
$12,241,977
Net Income
$0
Net Assets
$24,160,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,131,342
99.1%
Investment Income $104,721
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,264
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,650
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $271,485
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $551,790
4.5%
Assets/Debt
Total Assets $32,061,368
Total Liabilities $7,901,222
Net Assets $24,160,146
Club or Co-Op Income
Income From Members $12,237,844
Income From Other Sources $151,062

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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