Overview
What is Verendrye Electric Cooperative Inc?
Verendrye Electric Cooperative Inc is a North Dakota-based nonprofit organization with a mission to deliver quality electric service to 12,694 members spread across 16,631 metering points. They have an extensive network of energized lines, consisting of 2,370 miles of overhead and 2,261 miles of underground distribution lines, totaling 4,631 miles. The cooperative's operations prioritize strengthening the local economy and enhancing the region's quality of life through innovation, all while adhering to cooperative principles. With a workforce of 70 employees, Verendrye Electric Cooperative Inc is committed to providing electric services at a competitive cost and making significant contributions to their community.
Official website here: www.verendrye.com
Is Verendrye Electric Cooperative Inc legitimate?
Verendrye Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Verendrye 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: $1,231,071
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,310,055
For more financial information, click here
Official website here: www.verendrye.com
What is the mission statement of Verendrye Electric Cooperative Inc?
Verendrye Electric Cooperative Inc is dedicated to delivering quality electric service to its members at competitive prices. Beyond providing electricity, the cooperative aims to contribute to the local economy and enhance the community's quality of life. Embracing innovation as a key strategy, Verendrye Electric Cooperative Inc strives to lead improvements in the region while adhering to cooperative principles. The cooperative serves over 12,000 members across thousands of metering points and maintains an extensive network of energized lines, consisting of both overhead and underground distributions, totaling over 4,600 miles.
Official website here: www.verendrye.com
Who is the CEO of Verendrye Electric Cooperative Inc?
Randy Hauck is the General Manager of Verendrye Electric Cooperative Inc.
Official website here: www.verendrye.com
What is the revenue of Verendrye Electric Cooperative Inc?
Verendrye Electric Cooperative Inc's revenue in 2022 was $58,253,353.
Official website here: www.verendrye.com
Who are the executives of Verendrye Electric Cooperative Inc and what are their salaries?
The average compensation at Verendrye Electric Cooperative Inc during 2022 was $107,730. There are 70 employees at Verendrye Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Randy Hauck (General Manager)
- Brad Doll (Engineering Manager)
- Tim Krumwiede (Operations Manager)
- Christel Laskowski (Business Manager)
- Dj Randolph (Computer Engineer)
- Bryan Schwan (Lineman)
- Curt Peterson (Lineman)
- Rick Erickson (Area Foreman)
- Tom Rafferty (Member Service Manager)
- Karen Hennessy (Vice President) [Trustee/Director]
- Maxine Rognlien (Asst Secretary Treasurer) [Trustee/Director]
- Clint Gjellstad (Director)
- Shawn Kaylor (Secretary Treasurer) [Trustee/Director]
- Jon Hansen (Director)
- Ken Schild (Director)
- Blaine Bruner (President) [Trustee/Director]
- Robert Wolf (Director)
Official website here: www.verendrye.com
Where can I find the form 990 for Verendrye Electric Cooperative Inc?
The Verendrye Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.verendrye.com
Learn more at the official website: www.verendrye.com
Mission Statement of Verendrye Electric Cooperative Inc
Verendrye Electric Cooperative Inc, a leading electric service provider, is dedicated to delivering quality electricity at competitive prices while strengthening the local economy and enhancing the region's quality of life through innovation. The cooperative's mission is multifaceted, focusing on providing top-notch electric services to its 12,694 members spread across 16,631 metering points. Verendrye's extensive network covers 2,370 miles of overhead lines and 2,261 miles of underground lines, totaling 4,631 miles of energized lines.
Embracing the cooperative principles, Verendrye Electric Cooperative Inc goes beyond just supplying electricity. It strives to improve the community's economic condition and overall quality of life by leading in innovative electric solutions. By providing reliable electric service, the cooperative plays a pivotal role in facilitating economic growth and development. It is an essential partner in various regional projects, ensuring that the community thrives in the ever-evolving technological landscape.
Impact
This information is meant to be a general summary of Verendrye 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
Verendrye Electric Cooperative Inc plays a pivotal role in the community by providing quality electric service at a competitive cost. By distributing electricity to over 12,694 members at 16,631 metering points, Verendrye Electric Cooperative ensures that residents have access to essential power resources. With 4,631 miles of energized distribution lines, including both overhead and underground infrastructure, the cooperative effectively delivers electricity to homes and businesses across the region.
Through their commitment to operating within cooperative principles and fostering innovation, Verendrye Electric Cooperative contributes to strengthening the local economy and enhancing the overall quality of life in the region. By supplying reliable electricity, the cooperative enables businesses to operate efficiently, supports community development, and enhances the well-being of residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Power Distribution
Revenue
$53,797,971
Electric Power Distribution
Revenue
$4,088,123
Organization Details
Founding Year
1939
Phone
(701) 338-2855
Principal Officer
Randy Hauck
Main Address
615 HWY 52 W, VELVA, ND, 587907417
Website
www.verendrye.com
NTEE Category
Code: W80 - Public benefit
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