North Star Electric Coop

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

EIN: 410449191 ✦ Baudette, MN ✦ Designated as a 501(c)(12)

Overview

What is North Star Electric Coop?

North Star Electric Coop is a nonprofit organization based in Baudette, Minnesota, with a mission to provide electric and utility services to approximately 5,589 members. Established under the Rural Utility Service Division of the USDA, this cooperative aims to enhance the lives of its members by ensuring reliable electric energy services while maintaining exceptional performance and member satisfaction. Their employee base consists of 26 individuals dedicated to this purpose.


Official website here: www.northstarelectric.coop

Is North Star Electric Coop legitimate?

North Star Electric Coop is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Star Electric Coop 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: $799,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.northstarelectric.coop

What is the mission statement of North Star Electric Coop?

North Star Electric Coop is dedicated to enhancing the lives of its member-owners by delivering reliable electric energy services. The cooperative prioritizes maintaining the highest standards of performance and member satisfaction. Their mission is to provide essential utility services to 5,589 members, adhering to the guidelines of the Rural Utility Service Division of the USDA.


Official website here: www.northstarelectric.coop

Who is the CEO of North Star Electric Coop?

Steve Arnesen is the President of North Star Electric Coop.


Official website here: www.northstarelectric.coop

What is the revenue of North Star Electric Coop?

North Star Electric Coop's revenue in 2022 was $16,601,117.


Official website here: www.northstarelectric.coop

Who are the executives of North Star Electric Coop and what are their salaries?

The average compensation at North Star Electric Coop during 2022 was $30,747. There are 26 employees at North Star Electric Coop.

Here are 16 key members and their salaries:

    Joshua Compton (General Manager)
  • Compensation: $204,438
  • Related: $0
  • Other: $82,432

    • Kevin Holen (Interim General Manager)
  • Compensation: $113,064
  • Related: $0
  • Other: $121,824

    • Timothy Pelach (Foreman)
  • Compensation: $118,624
  • Related: $0
  • Other: $96,937

    • Robyn Sonstegard (Finance Manager)
  • Compensation: $125,227
  • Related: $0
  • Other: $84,707

    • Todd Thydean (Foreman)
  • Compensation: $114,410
  • Related: $0
  • Other: $89,523

    • Todd Higgins (Foreman)
  • Compensation: $115,787
  • Related: $0
  • Other: $47,014

    • Jesse Huot (Sub-Foreman)
  • Compensation: $116,801
  • Related: $0
  • Other: $39,767

    • Preston Kennedy (Lead Lineman)
  • Compensation: $111,878
  • Related: $0
  • Other: $40,120

    • Steve Arnesen (President) [Trustee/Director]
  • Compensation: $12,475
  • Related: $0
  • Other: $0

    • Tom Smith (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Michael Hanson (Vice President) [Trustee/Director]
  • Compensation: $9,650
  • Related: $0
  • Other: $0

    • Douglas King (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0

    • Randall Bergan (Director)
  • Compensation: $8,100
  • Related: $0
  • Other: $0

    • Shelley Spears (Director)
  • Compensation: $7,650
  • Related: $0
  • Other: $0

    • Lorraine Nygaard (Secretary-Treasurer) [Trustee/Director]
  • Compensation: $7,050
  • Related: $0
  • Other: $0

    • Bruce Sampson (Director)
  • Compensation: $2,400
  • Related: $0
  • Other: $0


  • Official website here: www.northstarelectric.coop

    Where can I find the form 990 for North Star Electric Coop?

    The North Star Electric Coop’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.northstarelectric.coop

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

    Mission Statement of North Star Electric Coop

    North Star Electric Coop, a responsible provider of electric energy and other beneficial services, is dedicated to enhancing the lives of its member-owners. The cooperative's primary mission is to ensure the delivery of dependable electric energy services, all while maintaining exceptionally high performance and member satisfaction standards.

    By offering reliable electric and utility service to a community of 5,589 members, North Star Electric Coop sets itself apart as a trusted partner in energy provision. The cooperative's unwavering commitment to improving the lives of its members is evident in its adherence to the very highest standards.

    With a focus on member satisfaction, North Star Electric Coop has built a reputation for excellence in the energy sector. The cooperative's efforts go beyond just providing power, as it strives to maintain the utmost reliability and efficiency in all its services. North Star Electric Coop is guided by the Rural Utility Service Division of the USDA and is committed to upholding the values of a responsible and effective energy provider.

    Impact

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




    Thursday, August 15, 2024

    North Star Electric Coop's impact is felt through its responsible provision of electric energy and other beneficial services to its 5,589 member-owners in Baudette, MN. The organization's mission is to improve the lives of its members by providing reliable electric energy services while maintaining the highest standards of performance and member satisfaction. Through their services, North Star Electric Coop plays a vital role in powering the lives and livelihoods of the community it serves.





    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: $72,833
  • Program Service Revenue: $15,942,721
  • Gross Receipts: $16,650,776

    • Assets and Liabilities:
  • Total Assets: $42,168,414
  • Total Liabilities: $25,960,668
  • Net Assets: $16,207,746
  • Programs

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

    ELECTRIC SALES

    Revenue

    $15,942,721

    Organization Details

    Founding Year

    1940

    Principal Officer

    Steve Arnesen

    Main Address

    441 STATE HWY 172 NW PO BOX 719, BAUDETTE, MN, 566230719

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of North Star Electric Coop 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.