Non Profit
As a non-profit electric distribution cooperative, Intermountain Rural Electric Association does not have stockholders—the co-op is responsible only to its members. Since we don’t have to pay dividends to stockholders, revenues over expenses are returned to our members in the form of Capital Credit rebate checks.
We are a democratic organization controlled by our members. A seven member Board of Directors is elected by members to represent geographically-based districts. These directors actively participate in setting policies and making decisions, and are accountable to the membership. |