Dakota Valley Electric Cooperative Inc

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

EIN: 450454206 ✦ Edgeley, ND ✦ Designated as a 501(c)(12)

Overview

What is Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative Inc is a nonprofit organization based in Edgeley, North Dakota, delivering electric energy to its rural members. With approximately 4,199 members and 6,885 service locations, the cooperative boasts a network of 4,622.51 miles of power lines, including 2,582.33 miles of overhead lines and 2,040.18 miles of underground lines. Dedicated to providing dependable power and energy at fair prices, Dakota Valley Electric Cooperative goes beyond its core business by offering extended customer support services. Additionally, it provides technical assistance, financial tools, and human resources that foster community development. The cooperative currently employs 45 individuals.


Official website here: www.dakotavalley.com

Is Dakota Valley Electric Cooperative Inc legitimate?

Dakota Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dakota Valley 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: $718,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,808,981

For more financial information, click here


Official website here: www.dakotavalley.com

What is the mission statement of Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative is committed to delivering reliable electric power and energy to its rural members at fair and reasonable prices. Beyond its core electric and energy business, the cooperative offers a range of customer support services. These services are designed to extend convenience and support to members. Additionally, Dakota Valley Electric Cooperative strives to provide technical assistance, financial tools, and human resources that contribute to community development.


Official website here: www.dakotavalley.com

Who is the CEO of Dakota Valley Electric Cooperative Inc?

Mark Kinzler is the Secretary of Dakota Valley Electric Cooperative Inc.


Official website here: www.dakotavalley.com

What is the revenue of Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative Inc's revenue in 2022 was $61,778,658.


Official website here: www.dakotavalley.com

Who are the executives of Dakota Valley Electric Cooperative Inc and what are their salaries?

The average compensation at Dakota Valley Electric Cooperative Inc during 2022 was $100,618. There are 45 employees at Dakota Valley Electric Cooperative Inc.

Here are 18 key members and their salaries:

    Mark Kinzler (General Manager)
  • Compensation: $245,630
  • Related: $0
  • Other: $106,787

    • Kelly Wald (Business Manager)
  • Compensation: $148,197
  • Related: $0
  • Other: $145,377

    • Grant Baker (Gackle Line Foreman)
  • Compensation: $125,617
  • Related: $0
  • Other: $60,848

    • Bradley Lunneborg (Operations Manager)
  • Compensation: $133,154
  • Related: $0
  • Other: $30,403

    • Cory Koenig (Journeyman Lineman)
  • Compensation: $127,037
  • Related: $0
  • Other: $35,766

    • Jon Coleman (Edgeley Line Foreman)
  • Compensation: $144,952
  • Related: $0
  • Other: $16,415

    • John Schwalk (Journeyman Lineman)
  • Compensation: $128,833
  • Related: $0
  • Other: $27,871

    • Connie Bitz (Secretary) [Trustee/Director]
  • Compensation: $20,650
  • Related: $0
  • Other: $0

    • David Paulson (Treasurer) [Trustee/Director]
  • Compensation: $16,800
  • Related: $0
  • Other: $0

    • Patricia Gehlhar (Director)
  • Compensation: $15,750
  • Related: $0
  • Other: $0

    • Arden Fuher (President) [Trustee/Director]
  • Compensation: $15,050
  • Related: $0
  • Other: $0

    • Kim Rasmussen (Director)
  • Compensation: $12,950
  • Related: $0
  • Other: $0

    • Neil Olerud (Director)
  • Compensation: $12,250
  • Related: $0
  • Other: $0

    • Mike Hauschild (Vice President) [Trustee/Director]
  • Compensation: $10,850
  • Related: $0
  • Other: $0

    • Jeremy Nitschke (Director (Start April))
  • Compensation: $6,666
  • Related: $0
  • Other: $0

    • Bruce Bosse (Director (Start April))
  • Compensation: $6,650
  • Related: $0
  • Other: $0

    • Richard Johnson (Director (Until March))
  • Compensation: $3,150
  • Related: $0
  • Other: $0

    • Blaine Lundgren (Director (Until March))
  • Compensation: $2,450
  • Related: $0
  • Other: $0


  • Official website here: www.dakotavalley.com

    Where can I find the form 990 for Dakota Valley Electric Cooperative Inc?

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


    Official website here: www.dakotavalley.com

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

    Mission Statement of Dakota Valley Electric Cooperative Inc

    Dakota Valley Electric Cooperative, a dedicated organization, is committed to delivering reliable electric power and energy to its rural members at reasonable prices. Beyond supplying electricity, the cooperative extends its reach to provide a variety of customer support services complementary to its core business. Dakota Valley Electric Cooperative aspires to be more than just an energy provider, aiming to foster community development through the provision of technical assistance, financial tools, and human resources.

    Impact

    This information is meant to be a general summary of Dakota Valley 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

    Dakota Valley Electric Cooperative Inc's impact is significant in delivering dependable electric power and energy at fair and reasonable prices to its rural members. With over 4,000 members and nearly 7,000 service locations, the organization plays a crucial role in providing essential electricity services to these rural communities. Dakota Valley Electric Cooperative's extensive network of over 4,600 miles of electric lines ensures that its members have access to reliable electricity, contributing to the growth and development of these areas. Additionally, through its mission to provide customer support services and foster community development, Dakota Valley Electric Cooperative is instrumental in enhancing the quality of life for its members and local residents.





    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: $402,466
  • Program Service Revenue: $61,376,192
  • Gross Receipts: $61,778,658

    • Assets and Liabilities:
  • Total Assets: $161,341,737
  • Total Liabilities: $86,571,630
  • Net Assets: $74,770,107
  • Programs

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

    Sale of Electricity

    Revenue

    $56,687,126

    Capital Credits

    Revenue

    $4,680,892

    Organization Details

    Founding Year

    2000

    Principal Officer

    Mark Kinzler

    Main Address

    7296 Hwy 281, Edgeley, ND, 584339503

    NTEE Category

    Code: W80 - Public benefit

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