Roughrider Electric Cooperative Inc
Only null% goes to programs Strong reserves
Roughrider Electric Cooperative Inc is a 501(c)(12) organization based in Hazen, North Dakota, registered in 2009, with $84,182,001 in FY2023 revenue. CharityIndex grades it A.
800 Highway Dr, Hazen, ND, 58545 EIN 26-2059712 Since 2009
Revenue (FY2023)
$84.2M
▼ 3.3% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$84.2M
Net assets
$136.6M
Employees
41
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 Roughrider 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 rating19 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 Roughrider Electric Cooperative Inc: 19 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 Roughrider 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 Roughrider Electric Cooperative Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
The organization delivers electric energy to members.
Contact & location
- Address
- 800 Highway Dr, Hazen, ND, 58545
- City
- Hazen
- State
- North Dakota
- Category
- Public & Societal Benefit
- Subcategory
- Public Utilities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $60.8M (FY2013) to $84.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $186.6MNet assets $136.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$323.2M
Total liabilities
$186.6M
Net assets
$136.6M
Salaries & benefits
$1.6M
2% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,182,001▼3.3% | $84,182,001▼3.3% | $136,591,086▲5.9% | $323,177,927▲1.5% | 990 |
| 2022 | $87,072,247▲10.8% | $87,072,247▲10.8% | $129,004,449▲11.6% | $318,483,164▲4.0% | 990 |
| 2021 | $78,571,891▼0.1% | $78,571,891▼0.1% | $115,565,488▲7.1% | $306,147,341▲7.8% | 990 |
| 2020 | $78,642,130▼6.7% | $78,642,130▼6.7% | $107,856,356▲4.5% | $284,009,169▲2.4% | 990 |
| 2019 | $84,278,261▼1.9% | $84,278,261▼1.9% | $103,238,593▲4.0% | $277,249,918▲9.6% | 990 |
| 2018 | $85,916,166▲13.3% | $85,916,166▲13.3% | $99,289,056▲10.5% | $252,886,035▲6.3% | 990 |
| 2017 | $75,849,336▲5.2% | $75,849,336▲5.2% | $89,860,458▲4.8% | $237,883,736▲4.8% | 990 |
| 2016 | $72,077,817▲10.8% | $72,077,817▲10.8% | $85,737,826▲5.3% | $227,093,064▲12.3% | 990 |
| 2015 | $65,050,216▼0.3% | $65,050,216▼0.3% | $81,428,369▲3.3% | $202,285,877▲14.7% | 990 |
| 2014 | $65,223,008▲7.3% | $65,223,008▲7.3% | $78,830,965▲2.3% | $176,415,806▲21.0% | 990 |
| 2013 | $60,770,970 | $60,770,970▲23.0% | $77,035,697▲7.9% | $145,782,936▲20.8% | 990 |
| 2012 | — | $49,421,605▲21.6% | $71,365,691▲5.8% | $120,660,843▲7.5% | 990 |
| 2011 | — | $40,640,363▲35.9% | $67,431,878▲8.9% | $112,218,229▲11.6% | 990 |
| 2010 | — | $29,911,803 | $61,920,036 | $100,551,317 | 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 (FY2023)
Highest-paid: Leonard H Hibl — $142,241 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Leonard H Hibl | Director-member Services | 40 | $142,241 |
| Shawn Olson | Operations Manager/ Chief of Staff | 40 | $139,097 |
| Brock Swensrud | Working Foreman | 40 | $135,039 |
| Laurie Miller | Mapping/database Admin | 40 | $132,716 |
| Russel Walters | Journeyman Lineman | 40 | $116,445 |
| Roger Kudrna | Vice President | 6.5 | $12,300 |
| Greg Steckler | President | 7 | $10,800 |
| Callen Schoch | Director | 4.71 | $10,050 |
| Arnold Kainz | Director | 4.25 | $9,750 |
| Troy Sailer | Secretary | 2.71 | $9,000 |
| Darell Herman | Director | 3.81 | $8,250 |
| Bruce Darcy | Treasurer | 2.4 | $7,650 |
| Jesse Flath | Director | 1.59 | $7,600 |
| Dan Price | Director | 2.31 | $7,200 |
| Alex Craigmile Iea | Cfo | 0 | — |
| Jason Bentz Iea | Co-manager | 0 | — |
| Travis Kupper Iea | Co-manager | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| 3c Construction Inc | Construction/line Maintenance | $1,972,856 |
| Innovative Energy Alliance Cooperative | Management, Safety, Engineering, It, Hr, | $1,871,226 |
| Altitude Energy LLC | Construction Services | $1,294,281 |
| Coal Creek Construction Inc | Construction/line Maintenance | $977,430 |
| Mountain Plains LLC | Staking Services | $827,882 |
Grants made · $10K in FY2022
1 grant totaling $10K in FY2022. All grants made by Roughrider Electric Cooperative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Theodore Roosevelt Medora Foundation | Contribution to new lodging building | $10,000 |
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Compare Roughrider Electric Cooperative Inc
Frequently asked questions
- Is Roughrider Electric Cooperative Inc a legitimate nonprofit?
- Yes. Roughrider Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 26-2059712, based in Hazen, North Dakota.
- What is Roughrider Electric Cooperative Inc's EIN?
- Roughrider Electric Cooperative Inc's Employer Identification Number (EIN) is 26-2059712.
- How much revenue does Roughrider Electric Cooperative Inc report?
- Roughrider Electric Cooperative Inc reported $84,182,001 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Roughrider Electric Cooperative Inc have?
- CharityIndex grades Roughrider Electric Cooperative Inc A, based on financial health (reserves and operating margin).
- How much does Roughrider Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Roughrider Electric Cooperative Inc's latest Form 990 is $142,241, paid to Leonard H Hibl (Director-member Services).
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Data for Roughrider Electric Cooperative Inc (EIN 26-2059712) 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.