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Lower Yellowstone Rural Electric Association Inc

  • Sidney, MT
  • Tax-exempt since Nov. 1940
  • EIN: 81-0160950

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
$43.3M (2023)

Expenses
$40.4M (2023)

Total Assets
$100M (2023)

Total Liabilities
$49.9M (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
$43,291,372
Expenses
$40,365,615
Net Income
$2,925,757
Net Assets
$50,236,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $40,626,354
93.8%
Investment Income $148,974
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,516,044
5.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $796,015
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $602,856
1.5%
Assets/Debt
Total Assets $100,140,080
Total Liabilities $49,903,354
Net Assets $50,236,726
Club or Co-Op Income
Income From Members $40,626,354
Income From Other Sources $2,665,018
Compensation
Key Employees and Officers Compensation Related Other
Jason Brothen (Ceo) $243,818 $0 $0
Chris Hillesland (Coo) $158,555 $0 $0
Kelly Keysor (Operations M) $133,437 $0 $0
Corey Candee (Cio) $130,618 $0 $0
Kyle Kavanagh (Employee) $126,103 $0 $0
Ryder Peterson (Employee) $116,287 $0 $0
Jesse Obergfell (Lineman) $113,756 $0 $0
Richard Gorde (Foreman) $113,273 $0 $0
Dennis Schmierer (Secretary) $64,040 $0 $0
Dennis Nelson (Trustee) $41,145 $0 $0
Greg Rauschendorfer (Vice Preside) $37,895 $0 $0
James Vitt (Trustee) $33,645 $0 $0
Colin Gartner (Trustee) $33,399 $0 $0
Timothy Franzen (Trustee) $33,145 $0 $0
Allen Thiessen (President) $19,755 $0 $0
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Document Links

990
Filed on May 21, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,074,052
Expenses
$33,207,575
Net Income
$1,866,477
Net Assets
$47,310,969
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,231,112
97.6%
Investment Income $72,061
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $770,879
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $711,062
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $590,620
1.8%
Assets/Debt
Total Assets $89,919,602
Total Liabilities $42,608,633
Net Assets $47,310,969
Club or Co-Op Income
Income From Members $34,231,112
Income From Other Sources $842,940
Compensation
Key Employees and Officers Compensation Related Other
Jason Brothen (Ceo) $199,472 $0 $0
Chris Hillesland (Coo) $153,020 $0 $0
Ryder Peterson (Employee) $122,875 $0 $0
Corey Candee (Cio) $121,200 $0 $0
Kyle Kavanagh (Employee) $120,357 $0 $0
Kelly Keysor (Operations M) $116,825 $0 $0
Jesse Obergfell (Lineman) $115,973 $0 $0
Richard Gorde (Foreman) $114,590 $0 $0
Dennis Nelson (Trustee) $38,260 $0 $0
Greg Rauschendorfer (Vice Preside) $35,010 $0 $0
Colin Gartner (Trustee) $34,260 $0 $0
Dennis Schmierer (Secretary) $33,510 $0 $0
Allen Thiessen (President) $33,260 $0 $0
James Vitt (Trustee) $32,060 $0 $0
Timothy Franzen (Trustee) $31,010 $0 $0
+ View more people

Document Links

990
Filed on May 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,782,801
Expenses
$29,818,203
Net Income
$964,598
Net Assets
$45,444,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,724,687
96.6%
Investment Income $79,486
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $978,628
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $671,316
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $570,487
1.9%
Assets/Debt
Total Assets $85,844,658
Total Liabilities $40,400,166
Net Assets $45,444,492
Club or Co-Op Income
Income From Members $29,724,687
Income From Other Sources $1,058,114
Compensation
Key Employees and Officers Compensation Related Other
Jason Brothen (Ceo) $187,226 $0 $0
Chris Hillesland (Coo) $153,288 $0 $0
Corey Candee (Cio) $123,114 $0 $0
Aaron Eide (Lineman) $117,545 $0 $0
Richard Gorde (Foreman) $116,403 $0 $0
Jesse Obergfell (Lineman) $113,218 $0 $0
Ryder Peterson (Employee) $112,345 $0 $0
Kelly Keysor (Operations M) $110,976 $0 $0
Dennis Nelson (Trustee) $32,771 $0 $0
Colin Gartner (Trustee) $32,146 $0 $0
Greg Rauschendorfer (Vice Preside) $30,546 $0 $0
Dennis Schmierer (Trustee) $29,416 $0 $0
James Vitt (Trustee) $29,396 $0 $0
Allen Thiessen (President) $27,960 $0 $0
John Redman (Secretary/Tr) $15,821 $0 $0
Timothy Franzen (Trustee) $9,632 $0 $0
+ View more people

Document Links

990
Filed on Oct. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,867,240
Expenses
$27,215,455
Net Income
$651,785
Net Assets
$44,479,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,205,484
97.6%
Investment Income $77,129
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $584,627
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $377,372
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $80,752,482
Total Liabilities $36,272,588
Net Assets $44,479,894
Club or Co-Op Income
Income From Members $27,205,484
Income From Other Sources $661,756
Compensation
Key Employees and Officers Compensation Related Other
Jason Brothen (Ceo) $180,149 $0 $0
Chris Hillesland (Coo) $141,685 $0 $0
Richard Gorde (Foreman) $113,595 $0 $0
Corey Candee (Cio) $113,179 $0 $0
Aaron Eide (Lineman) $109,047 $0 $0
Kelly Keysor (Operations M) $103,534 $0 $0
Kyle Kavanagh (It Specialis) $102,653 $0 $0
Ryder Peterson (Employee) $102,294 $0 $0
Allen Thiessen (President) $30,389 $0 $0
Dennis Nelson (Trustee) $29,889 $0 $0
John Redman (Secretary/Tr) $29,139 $0 $0
Colin Gartner (Trustee) $27,264 $0 $0
Greg Rauschendorfer (Vice Preside) $27,139 $0 $0
Dennis Schmierer (Trustee) $26,889 $0 $0
James Vitt (Trustee) $26,514 $0 $0
+ View more people

Document Links

990
Filed on Aug. 18, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,704,079
Expenses
$29,828,553
Net Income
$1,875,526
Net Assets
$43,828,109
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,136,817
91.9%
Investment Income $195,565
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,371,697
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $210,779
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,751,665
9.2%
Assets/Debt
Total Assets $71,565,724
Total Liabilities $27,737,615
Net Assets $43,828,109
Club or Co-Op Income
Income From Members $29,136,817
Income From Other Sources $2,567,262
Compensation
Key Employees and Officers Compensation Related Other
Jason Brothen (Ceo) $216,857 $0 $0
Chris Hillesland (Coo) $143,898 $0 $0
Richard Gorde (Foreman) $124,103 $0 $0
Corey Candee (Cio) $123,500 $0 $0
Kelly Keysor (Operations M) $117,700 $0 $0
Bryan Franck (Lineman) $114,348 $0 $0
Aaron Eide (Lineman) $113,961 $0 $0
Lee Alvstad (Foreman) $110,913 $0 $0
Brenda Bond (Cfo) $105,195 $0 $0
John Redman (Secretary/Tr) $32,897 $0 $0
Dennis Nelson (Trustee) $32,272 $0 $0
Allen Thiessen (President) $30,022 $0 $0
Dennis Schmierer (Trustee) $30,022 $0 $0
Greg Rauschendorfer (Vice Preside) $29,272 $0 $0
Colin Gartner (Trustee) $28,522 $0 $0
James Vitt (Trustee) $27,772 $0 $0
+ View more people

Document Links

990
Filed on June 19, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,932,951
Expenses
$27,610,901
Net Income
$322,050
Net Assets
$41,952,583
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $176,864
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,756,087
99.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $777,021
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,138,296
7.7%
Assets/Debt
Total Assets $67,120,600
Total Liabilities $25,168,017
Net Assets $41,952,583
Club or Co-Op Income
Income From Members $26,838,760
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,653,156
Expenses
$25,722,813
Net Income
$2,930,343
Net Assets
$41,630,533
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $135,538
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $28,517,618
99.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $758,344
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,050,814
8.0%
Assets/Debt
Total Assets $65,222,424
Total Liabilities $23,591,891
Net Assets $41,630,533
Club or Co-Op Income
Income From Members $26,931,119
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,736,958
Expenses
$22,755,294
Net Income
$2,981,664
Net Assets
$38,700,190
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $112,662
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $25,624,296
99.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $715,213
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,209,676
5.3%
Assets/Debt
Total Assets $60,461,040
Total Liabilities $21,760,850
Net Assets $38,700,190
Club or Co-Op Income
Income From Members $25,034,035
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,820,746
Expenses
$22,499,011
Net Income
$4,321,735
Net Assets
$35,721,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $43,248
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,777,498
99.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $818,193
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,493,476
6.6%
Assets/Debt
Total Assets $55,040,882
Total Liabilities $19,319,471
Net Assets $35,721,411
Club or Co-Op Income
Income From Members $26,253,832
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,016,270
Expenses
$20,722,325
Net Income
$3,293,945
Net Assets
$31,399,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $47,845
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,968,425
99.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $668,355
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,495,441
7.2%
Assets/Debt
Total Assets $49,079,849
Total Liabilities $17,680,173
Net Assets $31,399,676
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,084,937
Expenses
$18,704,199
Net Income
$2,380,738
Net Assets
$28,105,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $48,815
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,036,122
99.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $446,136
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,690,461
9.0%
Assets/Debt
Total Assets $47,300,793
Total Liabilities $19,195,062
Net Assets $28,105,731
Club or Co-Op Income
Income From Members $20,657,035
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,862,481
Expenses
$16,064,536
Net Income
$2,797,945
Net Assets
$25,724,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $36,762
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,825,719
99.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $375,352
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,123,887
7.0%
Assets/Debt
Total Assets $40,782,545
Total Liabilities $15,057,552
Net Assets $25,724,993
Club or Co-Op Income
Income From Members $17,510,584
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,159,533
Expenses
$13,231,542
Net Income
$1,927,991
Net Assets
$23,927,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $36,009
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,123,524
99.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $247,464
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,279,551
9.7%
Assets/Debt
Total Assets $37,437,853
Total Liabilities $13,510,805
Net Assets $23,927,048
Club or Co-Op Income
Income From Members $14,885,757
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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 »

Get the Data

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.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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