Powder River Energy Corporation
501(c)(12)
Only null% goes to programs Strong reserves
Powder River Energy Corporation is a 501(c)(12) organization based in Sundance, Wyoming, registered in 1956, with $176,224,273 in FY2024 revenue. CharityIndex grades it A.
Po Box 930, Sundance, WY, 82729 EIN 83-0162161 Since 1956
Revenue (FY2024)
$176.2M
▼ 7.0% vs prior year
Expenses (FY2024)
$176.2M
Net assets
$234.2M
Employees
140
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Powder River Energy Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Powder River Energy Corporation: 16 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Powder River Energy Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Powder River Energy Corporation: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Distributes electric service to rural customers in northeast wyoming and southeastern montana.
Contact & location
Financial trends
Revenue declined from $204.6M (FY2013) to $176.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $248.5MNet assets $234.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$482.7M
Total liabilities
$248.5M
Net assets
$234.2M
Salaries & benefits
$18.0M
10% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $176,224,273▼7.0% | $176,224,273▼7.0% | $234,198,553▼0.3% | $482,681,629▼3.1% | 990 |
| 2023 | $189,443,702▲7.1% | $189,443,702▲7.1% | $234,966,157▲2.4% | $498,355,432▲1.5% | 990 |
| 2022 | $176,963,725▲10.6% | $176,963,725▲10.6% | $229,365,116▲0.2% | $491,148,467▲3.1% | 990 |
| 2021 | $160,024,088▼3.0% | $160,024,088▼3.0% | $228,831,910▼1.9% | $476,284,680▲2.3% | 990 |
| 2020 | $164,999,616▼10.4% | $164,999,616▼10.4% | $233,216,866▼0.1% | $465,390,577▼1.1% | 990 |
| 2019 | $184,204,500▼9.0% | $184,204,500▼9.0% | $233,525,480▼0.2% | $470,472,182▲0.3% | 990 |
| 2018 | $202,337,216▼0.3% | $202,337,216▼1.0% | $234,066,960▲7.4% | $469,125,865▲5.0% | 990 |
| 2017 | $202,917,989▲2.4% | $204,317,989▲7.7% | $218,025,554▲0.9% | $446,624,256▲1.9% | 990 |
| 2016 | $198,160,771▲4.5% | $189,785,771▼1.0% | $216,033,547▲7.3% | $438,412,453▲9.4% | 990 |
| 2015 | $189,599,004▼5.5% | $191,649,004▼6.5% | $201,346,002▲3.5% | $400,906,531▲0.9% | 990 |
| 2014 | $200,693,217▼1.9% | $204,893,217▲2.4% | $194,606,702▲3.3% | $397,490,066▲2.6% | 990 |
| 2013 | $204,643,918 | $200,143,918▲0.4% | $188,469,004▲3.5% | $387,517,147▲3.8% | 990 |
| 2012 | — | $199,292,299▲5.0% | $182,106,139▲4.6% | $373,448,495▲3.2% | 990 |
| 2011 | — | $189,821,637▲14.7% | $174,121,844▲4.8% | $362,040,082▲0.7% | 990 |
| 2010 | — | $165,446,389 | $166,150,963 | $359,530,407 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian Mills — $282,202 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Mills | Chief Executive Officer | 50 | $282,202 |
| William Mertz-cfao To 102024 | Dir of Precorp Serv (eff 10/2024) | 53 | $250,303 |
| Quentin Rogers | Vice President of Eng. & Tech Srv | 53 | $191,650 |
| Wayne Pollat | District Foreman | 52 | $186,791 |
| Michael Bingham | District Foreman | 51 | $182,848 |
| Thomas Mulloy | District Foreman | 48 | $169,467 |
| Kent Hatling | Service Foreman | 48 | $167,527 |
| Richard Halloran | Vp of System Operations | 45 | $167,246 |
| Troy Bifulco | Vice President of Tech. & Svr | 46 | $165,347 |
| Abby Olson-mgr of Treas To | 10/24);interim Vp of Fin (eff 10/24) | 42 | $125,009 |
| James Purdy | President | 10 | $14,150 |
| Tyrell Miller | Director | 5 | $11,650 |
| Gerald Geis | Secretary/treasurer | 10 | $10,050 |
| Clay Branscom | Director | 12 | $10,000 |
| Philip Habeck | Vice President | 5 | $8,550 |
| Mike Lohse | Director | 10 | $8,380 |
| James Baumgartner | Director | 4 | $8,000 |
| Paul Baker II | Director | 2 | $5,600 |
| Michael Hall Helvey | Director | 2 | $4,850 |
| Tyler Pirtz | Director | 6 | $1,200 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Schulte Ta Inc | Contract Labor | $2,138,212 |
| Rms Instrument and Electric LLC | Contract Labor | $1,306,586 |
| Besler Inc | Contract Labor | $1,086,594 |
| Northeast Wy Construction Inc | Contract Labor | $612,100 |
| Coops Spray Mulching Service | Contract Labor | $553,678 |
Grants made · $158K in FY2024
1 grant totaling $158K in FY2024. All grants made by Powder River Energy Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Powder River Energy Corporationfoundation Inc | Charitable donation | $157,577 |
Frequently asked questions
- Is Powder River Energy Corporation a legitimate nonprofit?
- Yes. Powder River Energy Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 83-0162161, based in Sundance, Wyoming.
- What is Powder River Energy Corporation's EIN?
- Powder River Energy Corporation's Employer Identification Number (EIN) is 83-0162161.
- How much revenue does Powder River Energy Corporation report?
- Powder River Energy Corporation reported $176,224,273 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Powder River Energy Corporation have?
- CharityIndex grades Powder River Energy Corporation A, based on financial health (reserves and operating margin).
- How much does Powder River Energy Corporation's highest-paid employee make?
- The highest reported compensation on Powder River Energy Corporation's latest Form 990 is $282,202, paid to Brian Mills (Chief Executive Officer).
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Data for Powder River Energy Corporation (EIN 83-0162161) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.