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Organizations Lower Yellowstone Rural Electric Cooperative Inc.

Lower Yellowstone Rural Electric Cooperative Inc.

Fiscal year ending 2023. Filed on May 21, 2024.

PO Box 1047
Sidney, Montana 59270

Lower Yellowstone Rural Electric Cooperative Inc. (EIN: 81-0160950) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2023 IRS Form 990 filing, Lower Yellowstone Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 36 total employees. Among the employees shown here, the average compensation is $133,321. The highest compensated employee at Lower Yellowstone Rural Electric Cooperative Inc. is Jason Brothen with fiscal year 2023 compensation of $243,818.

Revenue, expenses, and employee compensation

Revenue

$43,291,372

Expenses

$40,365,615

Employee compensation

$1,398,871
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jason Brothen
Chief Executive Officer
$243,818
$243,818 No related compNo other comp
Chris Hillesland
Chief Operating Officer
$158,555
$158,555 No related compNo other comp
Kelly Keysor
Operations Manager
$133,437
$133,437 No related compNo other comp
Corey Candee
Chief Information Officer
$130,618
$130,618 No related compNo other comp
Kyle Kavanagh
Employee
$126,103
$126,103 No related compNo other comp
Ryder Peterson
Employee
$116,287
$116,287 No related compNo other comp
Jesse Obergfell
Lineman
$113,756
$113,756 No related compNo other comp
Richard Gorde
Foreman
$113,273
$113,273 No related compNo other comp
Dennis Schmierer
Secretary
$64,040
$64,040 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Nelson
Trustee
$41,145
$41,145 No related compNo other comp
Greg Rauschendorfer
Vice President
$37,895
$37,895 No related compNo other comp
James Vitt
Trustee
$33,645
$33,645 No related compNo other comp
Colin Gartner
Trustee
$33,399
$33,399 No related compNo other comp
Timothy Franzen
Trustee
$33,145
$33,145 No related compNo other comp
Allen Thiessen
President
$19,755
$19,755 No related compNo other comp

Mission Statement

TO DISTRIBUTE ELECTRICITY TO OUR MEMBERS IN AN EFFICIENT AND COST EFFECTIVE MANNER. WE ONLY DISTRIBUTE ELECTRICITY TO OUR MEMBERS.

Revisions to this organization profile

August 20, 2025:
2024 Lower Yellowstone Rural Electric Cooperative Inc. 990 filed
May 21, 2024:
2023 Lower Yellowstone Rural Electric Cooperative Inc. 990 filed
May 16, 2023:
2022 Lower Yellowstone Rural Electric Cooperative Inc. 990 filed

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