Overview
What is North Itasca Electric Cooperative Inc?
North Itasca Electric Cooperative Inc, located in Bigfork, Minnesota, is a nonprofit organization dedicated to providing electrical energy to its member-owners. Serving communities in Itasca, Koochiching, and Beltrami counties, the cooperative maintains a vast network, overseeing 716.53 miles of overhead lines and 602.12 miles of underground cables. Their mission is to deliver value to the communities and members by ensuring safe, reliable, and progressive energy services. With a workforce of 24 individuals, North Itasca Electric Cooperative Inc is committed to meeting the electrical energy needs of its members, contributing to their well-being.
Official website here: www.northitascaelectric.com
Is North Itasca Electric Cooperative Inc legitimate?
North Itasca Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Itasca 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $480,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.northitascaelectric.com
What is the mission statement of North Itasca Electric Cooperative Inc?
North Itasca Electric Cooperative Inc's mission is centered around providing value to its member-owners. They strive to accomplish this by delivering safe, reliable, and progressive electrical energy and other services. The organization's main objective is to serve its 5,547 members located in Minnesota's Itasca, Koochiching, and Beltrami counties. In doing so, they maintain 716.53 miles of overhead lines and 602.12 miles of underground lines. The cooperative's ultimate goal is to contribute positively to the communities it serves.
Official website here: www.northitascaelectric.com
Who is the CEO of North Itasca Electric Cooperative Inc?
Brad Dolinski is the CEO of North Itasca Electric Cooperative Inc The CEO's salary of North Itasca Electric Cooperative Inc is $170,821 and their total compensation is $238,278.
Official website here: www.northitascaelectric.com
What is the revenue of North Itasca Electric Cooperative Inc?
North Itasca Electric Cooperative Inc's revenue in 2023 was $9,326,357.
Official website here: www.northitascaelectric.com
Who are the executives of North Itasca Electric Cooperative Inc and what are their salaries?
The average compensation at North Itasca Electric Cooperative Inc during 2023 was $21,839. There are 22 employees at North Itasca Electric Cooperative Inc.
Here are 16 key members and their salaries (North Itasca Electric Cooperative Inc's CEO's salary is $170,821 and their total compensation is $238,278):
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $4,998
- Related: $0
- Other: $0
- Compensation: $13,755
- Related: $0
- Other: $0
- Compensation: $5,553
- Related: $0
- Other: $0
- Compensation: $6,960
- Related: $0
- Other: $0
- Compensation: $5,717
- Related: $0
- Other: $0
- Compensation: $6,520
- Related: $0
- Other: $0
- Compensation: $6,989
- Related: $0
- Other: $0
- Compensation: $6,420
- Related: $0
- Other: $0
- Compensation: $170,821
- Related: $0
- Other: $67,457
- Compensation: $117,368
- Related: $0
- Other: $90,551
- Compensation: $104,346
- Related: $0
- Other: $45,572
- Compensation: $104,399
- Related: $0
- Other: $40,033
- Compensation: $108,121
- Related: $0
- Other: $50,109
- Compensation: $108,880
- Related: $0
- Other: $62,399
- Compensation: $111,428
- Related: $0
- Other: $38,617
Official website here: www.northitascaelectric.com
Where can I find the form 990 for North Itasca Electric Cooperative Inc?
North Itasca Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.northitascaelectric.com
Learn more at the official website: www.northitascaelectric.com
Mission Statement of North Itasca Electric Cooperative Inc
North Itasca Electric Cooperative Inc, a not-for-profit organization, is committed to providing electrical energy to its member-owners. Their mission is multifaceted, aiming to deliver value beyond just energy. They strive to offer their members and communities safe, reliable, and progressive energy, as well as other services. The cooperative's operations extend to serving 5,547 members in Minnesota's Itasca, Koochiching, and Beltrami counties. They manage an extensive network, maintaining 716.53 miles of overhead lines and 602.12 miles of underground cables. This dedication to service and reliability underpins North Itasca Electric Cooperative Inc's mission to positively impact the lives of its members and communities.
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Impact
October, 2024
North Itasca Electric Cooperative Inc plays a crucial role in providing electrical energy to its 5,547 member-owners across Itasca, Koochiching, and Beltrami counties in Minnesota. By maintaining an extensive infrastructure that includes 716.53 miles of overhead lines and 602.12 miles of underground lines, the cooperative ensures that communities have access to safe and reliable electricity.
The organization is committed to delivering value not only through energy but also by enhancing the quality of life for its members and the surrounding communities. This commitment is reflected in its mission to provide progressive energy solutions and other services that meet the evolving needs of its members. Through its operations, North Itasca Electric Cooperative Inc contributes significantly to the local economy and fosters community development by ensuring consistent and dependable access to power.
This information is meant to be a general summary of North Itasca Electric Cooperative Inc. 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: $39,323
- Program Service Revenue: $9,025,484
- Gross Receipts: $9,617,162
Assets and Liabilities:
- Total Assets: $34,073,699
- Total Liabilities: $22,479,512
- Net Assets: $11,594,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$9,025,484
Organization Details
Founding Year
1940
Principal Officer
Brad Dolinski
Website
www.northitascaelectric.comNTEE Category
Code: W80 - Public benefit
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