Burke-Divide Electric Cooperative

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

EIN: 450217065 ✦ Columbus, ND ✦ Designated as a 501(c)(12)

Overview

What is Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative is a nonprofit organization based in Columbus, North Dakota (PO Box 6). With a mission to provide reliable, high-quality electricity at competitive prices, they serve approximately 1,407 members and maintain 2,572 miles of lines, delivering electricity to 3,836 active services. Through their operations, they aim to strengthen the local economy and enhance the region's quality of life with innovative and state-of-the-art products and services, all while adhering to cooperative principles. The cooperative employs a team of 36 individuals.


Official website here: www.bdec.coop

Is Burke-Divide Electric Cooperative legitimate?

Burke-Divide Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Burke-Divide Electric Cooperative 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: $877,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,182,726

For more financial information, click here


Official website here: www.bdec.coop

What is the mission statement of Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative is dedicated to delivering reliable and high-quality electricity to its members at competitive prices. The cooperative goes beyond just providing electricity; it aims to contribute to the local economy and enhance the region's quality of life. Through innovative and state-of-the-art products and services, the cooperative operates in accordance with cooperative principles to lead improvements in the area. Currently, the cooperative serves over 1,400 members, maintains 2,572 miles of power lines, and supports over 3,800 active services.


Official website here: www.bdec.coop

Who is the CEO of Burke-Divide Electric Cooperative?

Jerry King is the President of Burke-Divide Electric Cooperative.


Official website here: www.bdec.coop

What is the revenue of Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative's revenue in 2022 was $23,141,086.


Official website here: www.bdec.coop

Who are the executives of Burke-Divide Electric Cooperative and what are their salaries?

The average compensation at Burke-Divide Electric Cooperative during 2022 was $112,773. There are 36 employees at Burke-Divide Electric Cooperative.

Here are 16 key members and their salaries:

    Jerry King (General Manager)
  • Compensation: $245,989
  • Related: $0
  • Other: $150,352

    • Jason Bruner (Line Foreman)
  • Compensation: $139,431
  • Related: $0
  • Other: $73,198

    • Eric Sieg (Ops Foreman(Jan-May)/Ops Manager(May-Dec))
  • Compensation: $137,164
  • Related: $0
  • Other: $65,230

    • George Knutson (Line Foreman)
  • Compensation: $130,299
  • Related: $0
  • Other: $62,351

    • Lex Lindbo (Line Foreman)
  • Compensation: $146,012
  • Related: $0
  • Other: $44,246

    • Scott Lesmeister (Journeyman Lineman)
  • Compensation: $129,925
  • Related: $0
  • Other: $44,863

    • Brooke Watterud (Office Manager)
  • Compensation: $113,588
  • Related: $0
  • Other: $53,667

    • Terry Knutson (Journeyman Lineman)
  • Compensation: $129,048
  • Related: $0
  • Other: $32,936

    • Vernon Unruh (Operations Manager (Jan-May))
  • Compensation: $57,312
  • Related: $0
  • Other: $21,469

    • David Sigloh (President) [Trustee/Director]
  • Compensation: $14,980
  • Related: $0
  • Other: $0

    • Kent Haugland (Vice President) [Trustee/Director]
  • Compensation: $14,100
  • Related: $0
  • Other: $0

    • Lynn Jacobson (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $12,332
  • Related: $0
  • Other: $0

    • Steven Overlee (Assistant Secretary/Treasurer) [Trustee/Director]
  • Compensation: $32
  • Related: $0
  • Other: $10,500

    • Kurt Koppelsloen (Director)
  • Compensation: $9,332
  • Related: $0
  • Other: $0

    • Jeff Dahlin (Director)
  • Compensation: $32
  • Related: $0
  • Other: $7,650

    • Lane Titus (Director)
  • Compensation: $7,332
  • Related: $0
  • Other: $0


  • Official website here: www.bdec.coop

    Where can I find the form 990 for Burke-Divide Electric Cooperative?

    The Burke-Divide Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bdec.coop

    Learn more at the official website: www.bdec.coop

    Mission Statement of Burke-Divide Electric Cooperative

    Burke-Divide Electric Cooperative, a dedicated organization, strives to deliver reliable and high-quality electricity to its members at competitive prices. Going beyond just energy provision, the Cooperative aims to fortify the local economy and enhance the region's quality of life through advanced, innovative products and services. Adhering to cooperative principles, Burke-Divide Electric Cooperative serves 1,407 members with 3,836 active services, connected by 2,572 miles of line. The team at Burke-Divide Electric Cooperative remains committed to offering their community dependable electricity, ensuring a stable power source for daily life and economic growth. This mission is not only about energy, but also about fostering a thriving community where members can prosper, both personally and collectively.

    Impact

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




    Thursday, August 15, 2024

    Burke-Divide Electric Cooperative's impact is significant in providing reliable high-quality electricity to its members at a competitive cost. With 3,836 active services, serving 1,407 members, and maintaining 2,572 miles of line, the Cooperative plays a crucial role in meeting the energy needs of the community in the city of Columbus, North Dakota. By fulfilling its mission to provide reliable electricity, strengthen the local economy, and enhance the region's quality of life through innovative products and services, Burke-Divide Electric Cooperative is contributing to the overall well-being and development of the area.





    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: $140,089
  • Program Service Revenue: $23,137,985
  • Gross Receipts: $23,972,540

    • Assets and Liabilities:
  • Total Assets: $100,536,874
  • Total Liabilities: $58,225,793
  • Net Assets: $42,311,081
  • Programs

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

    Electricity

    Revenue

    $21,696,033

    Capital Credits

    Revenue

    $1,219,110

    Organization Details

    Founding Year

    1945

    Principal Officer

    Jerry King

    Main Address

    PO Box 6, Columbus, ND, 587270006

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Burke-Divide Electric Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.