North Central Electric Cooperative Inc

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

EIN: 450173086 ✦ Bottineau, ND ✦ Designated as a 501(c)(12)

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Overview

What is North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc, based in Bottineau, North Dakota, is a not-for-profit organization serving over 4,700 members with electricity and electrical services. Spanning 3,200 miles, their utility lines reach both residential and commercial sectors. The organization's primary mission is to deliver electricity to its members, ensuring they have access to essential power services.


Official website here: www.nceci.com

What are the reviews and ratings of this charity?

North Central Electric Cooperative Inc is currently not rated by Charity Navigator. Ratings from this organization typically require an assessment of factors like Accountability & Finance or Impact & Measurement, which are unavailable for North Central Electric Cooperative Inc due to its non-501(c)(3) status. Absence of a rating does not suggest a poor or commendable standing, merely a lack of required evaluative data.

Charity Navigator’s previous evaluations focused largely on financial metrics, such as total revenue and expenses, yet such data, including key staff salaries, is lacking for North Central Electric Cooperative Inc. As the cooperative is an independent organization, any potential assessments of impact, culture, or adaptability are not feasible under the current criteria used by Charity Navigator.

This cooperative does not have a profile on GreatNonprofits as there are no user reviews available there. Consequently, further insights into community impact or stakeholder sentiments cannot be provided from this source.


This AI summary has been generated from information found on Charity Navigator.

Is North Central Electric Cooperative Inc legitimate?

North Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Central 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: $597,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,077,022

For more financial information, click here


Official website here: www.nceci.com

What is the mission statement of North Central Electric Cooperative Inc?

North Central Electric Cooperative is a not-for-profit organization dedicated to delivering electricity and electrical services to its members. The cooperative caters to over 4,700 residential and commercial consumers, spread across an extensive utility network covering thousands of miles. Its primary focus is on ensuring a consistent electricity supply to enhance the daily lives of its members, fostering sustainable growth and development within the communities it serves. The cooperative's mission is to maintain a reliable electrical infrastructure, providing essential energy solutions, and ensuring a sustainable energy future for its members.


Official website here: www.nceci.com

What is the revenue of North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc's revenue in 2023 was $27,403,236.


Official website here: www.nceci.com

Who are the executives of North Central Electric Cooperative Inc and what are their salaries?

The average compensation at North Central Electric Cooperative Inc during 2023 was $102,080. There are 36 employees at North Central Electric Cooperative Inc.

Here are 16 key members and their salaries:


Jesse Fahnestock (Vice President)
  • Compensation: $13,016
  • Related: $0
  • Other: $0
Stuart Rothe (President)
  • Compensation: $11,966
  • Related: $0
  • Other: $0
Lori M Kittleson (Secretary/Treasurer)
  • Compensation: $12,166
  • Related: $0
  • Other: $0
Devin Tolstad (Secretary/Treasurer Assist)
  • Compensation: $8,066
  • Related: $0
  • Other: $0
Norman Buynak (Director)
  • Compensation: $10,266
  • Related: $0
  • Other: $0
Joel Brandvold (Director)
  • Compensation: $13,366
  • Related: $0
  • Other: $0
R Jay Paul (Director)
  • Compensation: $7,666
  • Related: $0
  • Other: $0
John Gunning (Director)
  • Compensation: $15,066
  • Related: $0
  • Other: $0
Jean R Brandt (Director)
  • Compensation: $8,616
  • Related: $0
  • Other: $0
Jonathan Beyer (General Manager)
  • Compensation: $221,413
  • Related: $0
  • Other: $96,278
Sarah Dawson (Business Manager)
  • Compensation: $134,502
  • Related: $0
  • Other: $53,527
Pete Erickson (Member Service Manager)
  • Compensation: $130,380
  • Related: $0
  • Other: $26,918
Tyler Lee (Engineering & Operations M)
  • Compensation: $139,552
  • Related: $0
  • Other: $51,863
Tyson Brandt (Line Crew Foreman)
  • Compensation: $113,747
  • Related: $0
  • Other: $35,318
Brody Moum (Journeyman Lineman)
  • Compensation: $112,766
  • Related: $0
  • Other: $24,032
Trenton Mccloud (Journeyman Lineman)
  • Compensation: $110,118
  • Related: $0
  • Other: $20,734


Official website here: www.nceci.com

Where can I find the form 990 for North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nceci.com

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

Mission Statement of North Central Electric Cooperative Inc

North Central Electric Cooperative, a not-for-profit organization, is dedicated to providing electricity and essential electrical services to over 4,700 households and businesses. With a presence spanning across 3,200 miles of utility lines, this cooperative reaches out to members in various communities.

The mission of North Central Electric Cooperative is to ensure that every member in its care has access to a reliable and efficient electric power supply. By being a not-for-profit entity, the organization keeps its focus solely on delivering electrical services, as opposed to generating profits for shareholders. The cooperative's commitment to its members is evident in its continuous efforts to expand its reach and maintain high-quality services.

North Central Electric Cooperative's team of skilled professionals works tirelessly to ensure that the electricity flow remains uninterrupted, allowing members to carry out their daily activities without worrying about power outages. The cooperative's extensive network enables it to provide electricity to its members in even the most remote areas, ensuring that no one is left in the dark.

Furthermore, the organization's commitment to its members goes beyond just providing electricity. It strives to build strong, lasting relationships with its members, offering support and assistance whenever needed. By fostering a sense of community, North Central Electric Cooperative ensures that its members feel valued and cared for, making a significant positive impact on the lives of the people it serves.

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Impact




October, 2024

North Central Electric Cooperative Inc significantly impacts the community by delivering reliable electricity and essential electrical services to over 4,700 residential and commercial members in Bottineau, ND. Covering an extensive 3,200 miles of utility line, the cooperative enhances the quality of life for its members by ensuring access to energy necessary for everyday living and business operations. By prioritizing the needs of its members, North Central Electric Cooperative fosters a sense of community and supports local economic growth, contributing to the overall well-being of the region.




This information is meant to be a general summary of North Central 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.

Revenue
$27,403,236 (2023)
Expenses
$27,401,013 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $179,396
  • Program Service Revenue: $25,720,816
  • Gross Receipts: $28,141,125

Assets and Liabilities:

  • Total Assets: $92,151,015
  • Total Liabilities: $59,094,777
  • Net Assets: $33,056,238

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Programs

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

ELECTRIC SALES

Revenue

$25,720,816

Organization Details

Founding Year

1941

Principal Officer

Stuart Rothe

NTEE Category

Code: W80 - Public benefit

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