North Central Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450173086 ✦ Bottineau, ND ✦ Designated as a 501(c)(12)

Overview

What is North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc, based in Bottineau, North Dakota, is a not-for-profit organization serving over 4,700 members with electricity and electrical services. Spanning 3,200 miles, their utility lines reach both residential and commercial sectors. The organization's primary mission is to deliver electricity to its members, ensuring they have access to essential power services.


Official website here: www.nceci.com

Is North Central Electric Cooperative Inc legitimate?

North Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Central Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $598,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,902,406

For more financial information, click here


Official website here: www.nceci.com

What is the mission statement of North Central Electric Cooperative Inc?

North Central Electric Cooperative is a not-for-profit organization dedicated to delivering electricity and electrical services to its members. The cooperative caters to over 4,700 residential and commercial consumers, spread across an extensive utility network covering thousands of miles. Its primary focus is on ensuring a consistent electricity supply to enhance the daily lives of its members, fostering sustainable growth and development within the communities it serves. The cooperative's mission is to maintain a reliable electrical infrastructure, providing essential energy solutions, and ensuring a sustainable energy future for its members.


Official website here: www.nceci.com

Who is the CEO of North Central Electric Cooperative Inc?

Jesse Fahnestock is the President of North Central Electric Cooperative Inc.


Official website here: www.nceci.com

What is the revenue of North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc's revenue in 2022 was $27,399,893.


Official website here: www.nceci.com

Who are the executives of North Central Electric Cooperative Inc and what are their salaries?

The average compensation at North Central Electric Cooperative Inc during 2022 was $94,606. There are 37 employees at North Central Electric Cooperative Inc.

Here are 16 key members and their salaries:

    Jonathan Beyer (General Manager)
  • Compensation: $192,089
  • Related: $0
  • Other: $127,072

    • Sarah Dawson (Business Manager)
  • Compensation: $134,181
  • Related: $0
  • Other: $70,294

    • Tyler Lee (Engineering & Operations Manager)
  • Compensation: $130,063
  • Related: $0
  • Other: $60,757

    • Tyler Liebelt (Line Crew Foreman)
  • Compensation: $121,722
  • Related: $0
  • Other: $51,851

    • Tyson Brandt (Line Crew Foreman)
  • Compensation: $117,601
  • Related: $0
  • Other: $54,201

    • Darin Hasenwinkel (Journeyman Lineman)
  • Compensation: $122,577
  • Related: $0
  • Other: $44,830

    • Pete Erickson (Member Service Manager)
  • Compensation: $128,732
  • Related: $0
  • Other: $24,761

    • Joel Brandvold (Director)
  • Compensation: $12,966
  • Related: $0
  • Other: $0

    • John Gunning (Director)
  • Compensation: $12,916
  • Related: $0
  • Other: $0

    • Jesse Fahnestock (President) [Trustee/Director]
  • Compensation: $12,616
  • Related: $0
  • Other: $0

    • Stuart Rothe (Vice President) [Trustee/Director]
  • Compensation: $8,866
  • Related: $0
  • Other: $0

    • Devin Tolstad (Secretary/Treasurer Assist) [Trustee/Director]
  • Compensation: $8,266
  • Related: $0
  • Other: $0

    • Lori M Kittleson (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $7,266
  • Related: $0
  • Other: $0

    • R Jay Paul (Director)
  • Compensation: $7,166
  • Related: $0
  • Other: $0

    • Norman Buynak (Director)
  • Compensation: $4,309
  • Related: $0
  • Other: $0

    • Jean R Brandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nceci.com

    Where can I find the form 990 for North Central Electric Cooperative Inc?

    The North Central Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nceci.com

    Learn more at the official website: www.nceci.com

    Mission Statement of North Central Electric Cooperative Inc

    North Central Electric Cooperative, a not-for-profit organization, is dedicated to providing electricity and essential electrical services to over 4,700 households and businesses. With a presence spanning across 3,200 miles of utility lines, this cooperative reaches out to members in various communities.

    The mission of North Central Electric Cooperative is to ensure that every member in its care has access to a reliable and efficient electric power supply. By being a not-for-profit entity, the organization keeps its focus solely on delivering electrical services, as opposed to generating profits for shareholders. The cooperative's commitment to its members is evident in its continuous efforts to expand its reach and maintain high-quality services.

    North Central Electric Cooperative's team of skilled professionals works tirelessly to ensure that the electricity flow remains uninterrupted, allowing members to carry out their daily activities without worrying about power outages. The cooperative's extensive network enables it to provide electricity to its members in even the most remote areas, ensuring that no one is left in the dark.

    Furthermore, the organization's commitment to its members goes beyond just providing electricity. It strives to build strong, lasting relationships with its members, offering support and assistance whenever needed. By fostering a sense of community, North Central Electric Cooperative ensures that its members feel valued and cared for, making a significant positive impact on the lives of the people it serves.

    Impact

    This information is meant to be a general summary of North Central Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    North Central Electric Cooperative Inc's impact lies in providing essential electricity and electrical services to over 4,700 residential and commercial members in Bottineau, ND. Through its operations across 3,200 miles of utility lines, the cooperative ensures consistent and reliable power supply for its community. This reliable electricity infrastructure contributes to the economic development, quality of life, and overall well-being of the residents and businesses it serves. North Central Electric Cooperative's commitment to providing essential services plays a vital role in supporting the daily activities and prosperity of its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $120,649
  • Program Service Revenue: $27,246,829
  • Gross Receipts: $27,995,991

    • Assets and Liabilities:
  • Total Assets: $92,151,015
  • Total Liabilities: $59,094,777
  • Net Assets: $33,056,238
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC SALES

    Revenue

    $25,502,155

    CAPITAL CREDITS

    Revenue

    $1,744,674

    Organization Details

    Founding Year

    1941

    Principal Officer

    Jesse Fahnestock

    Main Address

    538 11TH ST W 1, BOTTINEAU, ND, 58318

    NTEE Category

    Code: W80 - Public benefit

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