Dakota Valley Electric Cooperative Inc
Only null% goes to programs Strong reserves
Dakota Valley Electric Cooperative Inc is a 501(c)(12) organization based in Edgeley, North Dakota, registered in 2000, with $61,008,372 in FY2024 revenue. CharityIndex grades it A.
7296 Highway 281, Edgeley, ND, 58433 EIN 45-0454206 Since 2000
Revenue (FY2024)
$61.0M
▼ 0.1% vs prior year
Membership median: $185K
Expenses (FY2024)
$62.2M
Net assets
$83.5M
Employees
46
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 Dakota Valley Electric Cooperative Inc— 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 · -2% 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 Dakota Valley Electric Cooperative Inc: 16 mo reserves · -2% 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 Dakota Valley Electric Cooperative Inc: 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 Dakota Valley Electric Cooperative Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Deliver electric energy to rural members.
Contact & location
- Address
- 7296 Highway 281, Edgeley, ND, 58433
- City
- Edgeley
- State
- North Dakota
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.9M (FY2013) to $61.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $96.2MNet assets $83.5M
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$179.7M
Total liabilities
$96.2M
Net assets
$83.5M
Salaries & benefits
$6.0M
10% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,008,372▼0.1% | $62,208,372▲1.9% | $83,540,295▲4.1% | $179,717,023▲2.9% | 990 |
| 2023 | $61,076,760▼1.1% | $61,076,758▼1.1% | $80,272,342▲7.4% | $174,627,296▲8.2% | 990 |
| 2022 | $61,778,658▲5.4% | $61,778,666▲6.9% | $74,770,107▲6.3% | $161,341,737▲8.5% | 990 |
| 2021 | $58,630,686▲4.4% | $57,796,992▲3.0% | $70,320,207▲4.6% | $148,670,720▼0.2% | 990 |
| 2020 | $56,133,367▼5.7% | $56,133,367▼5.7% | $67,256,597▲2.7% | $149,021,384▲2.6% | 990 |
| 2019 | $59,508,662▼4.1% | $59,508,662▼4.1% | $65,517,074▲5.9% | $145,223,766▲9.6% | 990 |
| 2018 | $62,073,691▲7.9% | $62,073,694▲7.9% | $61,882,931▲15.9% | $132,559,894▲6.1% | 990 |
| 2017 | $57,543,759▲8.1% | $57,537,324▲8.8% | $53,371,753▲12.8% | $124,930,928▲7.6% | 990 |
| 2016 | $53,244,575▲10.8% | $52,882,495▲8.9% | $47,297,126▲11.7% | $116,120,530▲7.7% | 990 |
| 2015 | $48,047,715▲1.7% | $48,577,673▲1.6% | $42,359,718▲6.4% | $107,820,387▲4.2% | 990 |
| 2014 | $47,229,455▲2.9% | $47,826,964▲1.1% | $39,798,158▲7.1% | $103,512,199▲7.3% | 990 |
| 2013 | $45,896,166 | $47,290,389▲18.4% | $37,167,872▲8.3% | $96,496,359▲12.3% | 990 |
| 2012 | — | $39,955,201▲13.0% | $34,320,460▲5.1% | $85,891,483▲5.3% | 990 |
| 2011 | — | $35,370,283▲20.4% | $32,656,055▲1.7% | $81,574,800▲6.9% | 990 |
| 2010 | — | $29,379,418 | $32,103,212 | $76,316,103 | 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: Mark Kinzler — $278,125 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Kinzler | General Manager | 43.3 | $278,125 |
| Kelly Wald | Business Manager | 42.8 | $167,132 |
| Bradley Lunneborg | Operations Manager | 42.5 | $152,154 |
| Jon Coleman | Edgeley Line Foreman | 46.9 | $150,709 |
| Monty Zimmer | Oakes Line Foreman | 44.8 | $139,465 |
| Brandon Giesler | Manager of Engineering & It | 41.9 | $138,372 |
| Trevor Intveld | Wahpeton Line Foreman | 44.6 | $137,638 |
| Kristin Syverson | Business Manager (as of 10/24) | 42.7 | $40,142 |
| Kim Rasmussen | President | 6 | $17,150 |
| Patricia Gehlhar | Vice President | 5 | $15,150 |
| Neil Olerud | Director | 4 | $15,050 |
| Connie Bitz | Secretary | 3 | $14,550 |
| David Paulson | Director | 4.5 | $13,500 |
| Arden Fuher | Director | 8 | $11,900 |
| Bruce Bosse | Treasurer | 2 | $10,050 |
| Paul Dimmer | Director (as of Jun 24) | 2 | $8,750 |
| Jeremy Nitschke | Director | 2 | $8,200 |
| Mike Hauschild | Vice President (until 6/24) | 2 | $4,200 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Legacy Power Line | Repair Oh Line | $1,316,106 |
| K & H Electric | Replace Ug Cable | $1,002,922 |
| Ace Utility Services LLC | Cable Locates | $115,192 |
| Superior Builderssb Inc | New Building In Milnor | $108,950 |
Similar organizations in Membership
Membership
North Dakota Public Health Insurance Trust
Fargo, ND
$56.0M
Bannual revenue
- Membership
Nd Banks Benefit Tr
Bismarck, ND
$21.3M
C+annual revenue
- Membership
Nd Rec Benefit Trust
Mandan, ND
$20.3M
C+annual revenue
- Membership
Cuad Health Benefits Trust
Bismarck, ND
$11.5M
C+annual revenue
- Membership
Blue Cross Blue Shield of North Dakota Funded Group Benefit Plan
Fargo, ND
$11.2M
C+annual revenue
Membership
Ndha Health Benefits Trust
Bismarck, ND
$11.0M
C+annual revenue
Membership
Associated General Contractors of North Dakota Employee Benefit Trus
Bismarck, ND
$8.1M
Bannual revenue
- Membership
North Dakota Elks Charitable Trust
Bismarck, ND
$2.1M
C+annual revenue
- Membership
Fraternal Order of Eagles
Dickinson, ND
$1.7M
C+annual revenue
- Membership
West Fargo Firefighters Relief Association
West Fargo, ND
$358K
C+annual revenue
Compare Dakota Valley Electric Cooperative Inc
Frequently asked questions
- Is Dakota Valley Electric Cooperative Inc a legitimate nonprofit?
- Yes. Dakota Valley Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 45-0454206, based in Edgeley, North Dakota.
- What is Dakota Valley Electric Cooperative Inc's EIN?
- Dakota Valley Electric Cooperative Inc's Employer Identification Number (EIN) is 45-0454206.
- How much revenue does Dakota Valley Electric Cooperative Inc report?
- Dakota Valley Electric Cooperative Inc reported $61,008,372 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Dakota Valley Electric Cooperative Inc have?
- CharityIndex grades Dakota Valley Electric Cooperative Inc A, based on financial health (reserves and operating margin).
- How much does Dakota Valley Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Dakota Valley Electric Cooperative Inc's latest Form 990 is $278,125, paid to Mark Kinzler (General Manager).
More nonprofits in Edgeley
Explore more
Data for Dakota Valley Electric Cooperative Inc (EIN 45-0454206) 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.