Missoula 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 $26M (2023)
 Expenses $24.3M (2023)
 Total Assets $78.3M (2023)
 Total Liabilities $41.5M (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
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $24,414,484 | 
          
    93.9%
 
     | 
| Investment Income | $399,628 | 
          
    1.5%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,040 | 
          
    0.2%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $21,603 | 
          
    0.1%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $1,105,111 | 
          
    4.2%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $790,213 | 
          
    3.2%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $2,173,558 | 
          
    8.9%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $78,267,953 | |
| Total Liabilities | $41,453,999 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $27,730,959 | |
| Income From Other Sources | $2,276,819 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $300,105 | $0 | $121,033 | 
| Keven Kuhn (Cto) | $155,373 | $0 | $42,896 | 
| Nicholas Labbe (Dir. Of Operations) | $152,156 | $0 | $66,423 | 
Document Links
990
Filed on Nov. 13, 2024Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2022
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $25,056,978 | 
          
    94.8%
 
     | 
| Investment Income | $319,180 | 
          
    1.2%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,220 | 
          
    0.2%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $42,920 | 
          
    0.2%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $952,760 | 
          
    3.6%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $961,095 | 
          
    3.7%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $3,561,054 | 
          
    13.8%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $75,821,865 | |
| Total Liabilities | $40,873,817 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $28,181,880 | |
| Income From Other Sources | $2,083,706 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $292,225 | $0 | $102,390 | 
| Keven Kuhn (Cto) | $145,701 | $0 | $38,606 | 
| Keelie Montalban (Cfo) | $143,158 | $0 | $70,780 | 
Document Links
990
Filed on Sept. 19, 2023Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2021
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $23,102,174 | 
          
    94.6%
 
     | 
| Investment Income | $322,932 | 
          
    1.3%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,260 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $97,545 | 
          
    0.4%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $845,007 | 
          
    3.5%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $952,184 | 
          
    4.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $3,369,166 | 
          
    14.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $70,319,487 | |
| Total Liabilities | $36,392,304 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $26,786,732 | |
| Income From Other Sources | $2,300,999 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $262,736 | $0 | $90,968 | 
| Joseph Smith (Coo) | $162,043 | $0 | $69,787 | 
| Mitchell Dupree (Foreman) | $146,657 | $0 | $45,815 | 
Document Links
990
Filed on Nov. 15, 2022Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2020
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $23,261,965 | 
          
    94.7%
 
     | 
| Investment Income | $390,908 | 
          
    1.6%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,340 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $42,750 | 
          
    0.2%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $801,180 | 
          
    3.3%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $1,069,860 | 
          
    4.8%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $3,310,570 | 
          
    14.8%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $66,857,225 | |
| Total Liabilities | $34,312,668 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $0 | |
| Income From Other Sources | $0 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $253,807 | $0 | $86,911 | 
| Joseph Smith (Coo) | $160,340 | $0 | $66,514 | 
| Keven Kuhn (Cto) | $136,691 | $0 | $33,751 | 
Document Links
990
Filed on Nov. 15, 2021Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2019
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $23,570,674 | 
          
    95.6%
 
     | 
| Investment Income | $412,604 | 
          
    1.7%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,280 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $604,653 | 
          
    2.5%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $883,266 | 
          
    3.7%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $3,064,739 | 
          
    13.0%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $65,155,958 | |
| Total Liabilities | $33,096,958 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $24,321,743 | |
| Income From Other Sources | $1,458,434 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $233,235 | $0 | $84,985 | 
| Joseph Smith (Coo) | $133,752 | $0 | $60,328 | 
| Erik Langaunet (Engineering Manage) | $128,178 | $0 | $54,135 | 
Document Links
990
Filed on Nov. 13, 2020Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2018
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $22,416,035 | 
          
    95.3%
 
     | 
| Investment Income | $413,325 | 
          
    1.8%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,280 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $636,415 | 
          
    2.7%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $678,640 | 
          
    3.0%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $3,061,043 | 
          
    13.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $64,482,166 | |
| Total Liabilities | $33,443,941 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $23,908,558 | |
| Income From Other Sources | $1,521,260 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $231,155 | $0 | $81,722 | 
| Debbie Gaffney (Cfo) | $133,603 | $0 | $44,156 | 
| Mitchell Dupree (Line Foreman) | $127,555 | $0 | $40,253 | 
Document Links
990
Filed on Nov. 14, 2019Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2017
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $21,389,913 | 
          
    93.5%
 
     | 
| Investment Income | $207,695 | 
          
    0.9%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,510 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $1,223,798 | 
          
    5.3%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $639,774 | 
          
    2.9%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $536,498 | 
          
    2.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $64,302,093 | |
| Total Liabilities | $34,864,730 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $23,002,020 | |
| Income From Other Sources | $1,552,116 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $219,303 | $0 | $76,105 | 
| Debbie Gaffney (Chief Financial Officer) | $123,891 | $0 | $41,601 | 
| Thomas Alsaker (President) | $31,538 | $0 | $0 | 
Document Links
990
Filed on April 23, 2018Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2016
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $20,154,894 | 
          
    93.2%
 
     | 
| Investment Income | $180,388 | 
          
    0.8%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,720 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $1,217,920 | 
          
    5.6%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $633,750 | 
          
    3.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $487,280 | 
          
    2.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $62,861,780 | |
| Total Liabilities | $34,042,471 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $21,031,211 | |
| Income From Other Sources | $1,526,664 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $212,373 | $0 | $81,806 | 
| Debbie Gaffney (Chief Financial Officer) | $116,444 | $0 | $40,748 | 
| Susan Thraen (Vice President) | $33,645 | $0 | $0 | 
Document Links
990
Filed on April 24, 2017Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2015
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $20,170,201 | 
          
    94.1%
 
     | 
| Investment Income | $207,526 | 
          
    1.0%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,720 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $994,500 | 
          
    4.6%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $603,449 | 
          
    3.0%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $518,021 | 
          
    2.5%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $62,000,703 | |
| Total Liabilities | $34,192,182 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $20,853,842 | |
| Income From Other Sources | $1,225,814 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $193,860 | $0 | $77,880 | 
| Debbie Gaffney (Chief Financial Officer) | $110,627 | $0 | $38,192 | 
| Susan Traen (Secretary Treasurer) | $30,719 | $0 | $0 | 
Document Links
990
Filed on April 12, 2016Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2014
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $20,074,494 | 
          
    94.6%
 
     | 
| Investment Income | $165,197 | 
          
    0.8%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,760 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $923,413 | 
          
    4.4%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $574,643 | 
          
    2.8%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $462,020 | 
          
    2.3%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $60,925,102 | |
| Total Liabilities | $34,113,268 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $20,717,914 | |
| Income From Other Sources | $865,818 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $176,622 | $0 | $71,610 | 
| Debbie Gaffney (Chief Financial Officer) | $106,188 | $0 | $44,925 | 
| Susan Traen (Secretary Treasurer) | $28,156 | $0 | $0 | 
Document Links
990
Filed on April 27, 2015Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2013
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $19,923,609 | 
          
    95.2%
 
     | 
| Investment Income | $133,978 | 
          
    0.6%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $63,840 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $809,322 | 
          
    3.9%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $548,724 | 
          
    2.8%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $470,574 | 
          
    2.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $58,888,961 | |
| Total Liabilities | $32,948,526 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $19,719,737 | |
| Income From Other Sources | $951,060 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Mark Hayden (General Manager) | $169,175 | $0 | $66,453 | 
| Debbie Gaffney (Chief Financial Officer) | $100,636 | $0 | $42,824 | 
| Terry Hoke (President) | $27,045 | $0 | $0 | 
Document Links
990
Filed on April 25, 2014Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2012
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $19,495,351 | 
          
    94.1%
 
     | 
| Investment Income | $136,671 | 
          
    0.7%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $59,530 | 
          
    0.3%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $1,025,882 | 
          
    5.0%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $539,315 | 
          
    2.9%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $447,774 | 
          
    2.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $56,947,119 | |
| Total Liabilities | $32,450,020 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $19,338,496 | |
| Income From Other Sources | $1,231,354 | |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2011
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $18,170,845 | 
          
    95.5%
 
     | 
| Investment Income | $139,637 | 
          
    0.7%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $84,469 | 
          
    0.4%
 
     | 
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $625,529 | 
          
    3.3%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $468,744 | 
          
    2.7%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $448,543 | 
          
    2.5%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $56,674,685 | |
| Total Liabilities | $34,321,389 | 
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $19,368,556 | |
| Income From Other Sources | $1,898,662 | |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    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
    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
    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
    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
    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
990
Primary tax return for a nonprofit’s activities, finances, and governance
    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
    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
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