Overview
What is Dakota Electric Association?
Dakota Electric Association is a member-owned electric cooperative based in Farmington, Minnesota, with approximately 115,000 members and customers. They provide electric and related services and products, ensuring their members' energy needs are met in a changing world. With a workforce of 215 employees, the cooperative is dedicated to exceeding member expectations and focusing on their unique needs.
Official website here: www.dakotaelectric.com
Is Dakota Electric Association legitimate?
Dakota Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dakota Electric Association 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,883,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,954,479
For more financial information, click here
Official website here: www.dakotaelectric.com
What is the mission statement of Dakota Electric Association?
The Dakota Electric Association is a member-owned electric cooperative, dedicated to surpassing the energy needs of its approximately 115,000 members in a dynamic world. As a member-focused organization, their mission is to deliver quality electric and related services and products. They aim to exceed their members' expectations in an ever-changing environment.
Official website here: www.dakotaelectric.com
Who is the CEO of Dakota Electric Association?
Greg Miller is the CEO of Dakota Electric Association The CEO's salary of Dakota Electric Association is $289,527 and their total compensation is $309,222.
Official website here: www.dakotaelectric.com
What is the revenue of Dakota Electric Association?
Dakota Electric Association's revenue in 2023 was $231,566,305.
Official website here: www.dakotaelectric.com
Who are the executives of Dakota Electric Association and what are their salaries?
The average compensation at Dakota Electric Association during 2023 was $84,854. There are 222 employees at Dakota Electric Association.
Here are 25 key members and their salaries (Dakota Electric Association's CEO's salary is $289,527 and their total compensation is $309,222):
- Compensation: $45,320
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $14,750
- Related: $0
- Other: $0
- Compensation: $26,330
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $34,850
- Related: $0
- Other: $0
- Compensation: $289,527
- Related: $0
- Other: $19,695
- Compensation: $372,247
- Related: $0
- Other: $66,736
- Compensation: $241,605
- Related: $0
- Other: $69,246
- Compensation: $257,571
- Related: $0
- Other: $28,333
- Compensation: $224,125
- Related: $0
- Other: $54,491
- Compensation: $200,567
- Related: $0
- Other: $64,764
- Compensation: $254,662
- Related: $0
- Other: $151,339
- Compensation: $258,442
- Related: $0
- Other: $24,877
- Compensation: $176,798
- Related: $0
- Other: $82,558
- Compensation: $155,451
- Related: $0
- Other: $57,357
- Compensation: $180,570
- Related: $0
- Other: $72,275
- Compensation: $178,457
- Related: $0
- Other: $76,610
- Compensation: $176,374
- Related: $0
- Other: $117,357
Official website here: www.dakotaelectric.com
Where can I find the form 990 for Dakota Electric Association?
Dakota Electric Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dakotaelectric.com
Learn more at the official website: www.dakotaelectric.com
Mission Statement of Dakota Electric Association
Dakota Electric Association, a member-owned electric distribution cooperative, is dedicated to exceeding the energy expectations of its approximately 115,000 members and customers in a constantly evolving world. The organization's mission is to provide electric and related services and products, ensuring a reliable energy source for its members. As a member-focused cooperative, Dakota Electric Association places its members at the heart of its operations, striving to deliver more than just electricity.
In pursuit of this mission, Dakota Electric Association goes beyond the basics of electric distribution. By being member-owned, it ensures that the needs and concerns of its members are at the forefront of its decision-making process. The cooperative's team works diligently to understand the unique energy requirements of each member and tailor their solutions accordingly. Dakota Electric Association is not just a provider of electricity but a trusted partner to its members, committed to helping them make the most of their energy usage.
Additionally, Dakota Electric Association recognizes the importance of adapting to a changing world. With a focus on innovation, the cooperative continually explores new technologies and solutions to meet the evolving energy needs of its members. By staying informed about the latest industry trends and advancements, Dakota Electric Association is well-positioned to offer its members cutting-edge energy solutions and services. In this way, Dakota Electric Association not only meets the energy needs of its members today but also prepares them for tomorrow.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Dakota Electric Association significantly impacts its community by providing reliable electric distribution services to approximately 115,000 members in Farmington, MN, and surrounding areas. As a member-owned cooperative, it prioritizes the needs and expectations of its members, developing tailored solutions in an ever-evolving energy landscape.
The cooperative not only supplies electricity but also offers related services and products that enhance the overall energy experience for its customers. Dakota Electric's commitment to public benefit ensures that its operations focus on sustainability, affordability, and customer satisfaction, thereby fostering community growth and resilience. This dedication to exceeding energy expectations in a changing world positions Dakota Electric as a vital player in enhancing the quality of life for its members and promoting a sustainable future.
This information is meant to be a general summary of Dakota Electric Association. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2023.
- Investment Income: $134,136
- Program Service Revenue: $231,356,885
- Gross Receipts: $231,684,668
Assets and Liabilities:
- Total Assets: $393,498,407
- Total Liabilities: $204,580,281
- Net Assets: $188,918,126
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$231,347,298
VEHICLE REPAIR REVENUE
Revenue
$9,587
Organization Details
Founding Year
1937
Principal Officer
Ryan Hentges
Website
www.dakotaelectric.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Dakota Electric Association 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.