Serving The Unique Needs of Cooperatives

Your organization is unique. That’s not just talk – cooperatives are truly specialized groups that have a unique business model with specific regulations and accounting needs. For over 65 years, Bauman Associates has specialized in working with electric and telecom co-ops, providing the accounting and business acumen they need to operate successfully. Delivering focused audit, tax, accounting and consulting services to these entities, we fully understand the ins and outs of cooperatives and have the necessary skills and pre-approvals to work with Rural Utilities Service (RUS) and National Rural Utilities Cooperative Finance Corporation (CFC) funded entities. With an established foothold in this specialized area, we’ve built many professional relationships over the years that benefit our clients. We regularly meet and work with the RUS and CFC as well as Co-Bank and the Rural Telephone Finance Cooperative (RTFC). These close relationships mean that when you need immediate assistance with any of these organizations, we’ve got the connections to help you resolve issues quickly. Because clients and non-clients alike look to us for the latest information and updates that affect cooperatives, our team regularly take continuing education courses that pertain to the industry. Our commitment to ongoing education includes others as well. For example, we don’t just generate reports and hand them over to our clients to figure out themselves – we take the time to explain what the numbers mean and teach you how to interpret them to learn more about your organization. As a member of a board or management team or a finance manager of an electric or telecom cooperative, you can count on us for a full spectrum of services, including:

  • Accounting, bookkeeping and payroll
  • Audit and assurance
  • Tax planning, preparation and compliance
  • Outsourced CFO, Human Resource and other accounting services
  • Capital credit strategies
  • Cooperative operations
  • Taxation of cooperatives
  • Liquidation of subs
  • Merger issues
  • Revenue deferral plans

Bauman Associates has electric and telecom cooperative knowledge and experience that others just can’t match. Contact us today to learn how we can assist your organization.