Burke-Divide Electric Cooperative

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

EIN: 450217065 ✦ Columbus, ND ✦ Designated as a 501(c)(12)

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Overview

What is Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative is a nonprofit organization based in Columbus, North Dakota (PO Box 6). With a mission to provide reliable, high-quality electricity at competitive prices, they serve approximately 1,407 members and maintain 2,572 miles of lines, delivering electricity to 3,836 active services. Through their operations, they aim to strengthen the local economy and enhance the region's quality of life with innovative and state-of-the-art products and services, all while adhering to cooperative principles. The cooperative employs a team of 36 individuals.


Official website here: www.bdec.coop

What are the reviews and ratings of this charity?

Burke-Divide Electric Cooperative does not currently have a rating on Charity Navigator. This is because the organization is not registered as a 501(c)(3) nonprofit, which is a requirement for evaluation. Charity Navigator indicates that the absence of a rating is not an assessment, positive or negative, of the organization’s performance.

The cooperative is recognized as an independent organization according to the IRS Business Master File. However, because it is not registered as a 501(c)(3) nonprofit, it cannot be assessed using Charity Navigator’s Accountability & Finance or Impact & Measurement methodologies. Historical ratings for such organizations primarily considered accountability and financial measures.

While typically important data such as total revenue, expenses, and key personnel salaries are unavailable through Charity Navigator, these gaps highlight inherent limitations when evaluating organizations outside the 501(c)(3) status. Without this data, it remains challenging to comprehensively assess the organization's operational and financial health through standard nonprofit evaluation tools.


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

Is Burke-Divide Electric Cooperative legitimate?

Burke-Divide Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Burke-Divide Electric Cooperative 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: $877,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,182,726

For more financial information, click here


Official website here: www.bdec.coop

What is the mission statement of Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative is dedicated to delivering reliable and high-quality electricity to its members at competitive prices. The cooperative goes beyond just providing electricity; it aims to contribute to the local economy and enhance the region's quality of life. Through innovative and state-of-the-art products and services, the cooperative operates in accordance with cooperative principles to lead improvements in the area. Currently, the cooperative serves over 1,400 members, maintains 2,572 miles of power lines, and supports over 3,800 active services.


Official website here: www.bdec.coop

Who is the CEO of Burke-Divide Electric Cooperative?

Jerry King is the President of Burke-Divide Electric Cooperative.


Official website here: www.bdec.coop

What is the revenue of Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative's revenue in 2022 was $23,141,086.


Official website here: www.bdec.coop

Who are the executives of Burke-Divide Electric Cooperative and what are their salaries?

The average compensation at Burke-Divide Electric Cooperative during 2022 was $112,773. There are 36 employees at Burke-Divide Electric Cooperative.


Here are 16 key members and their salaries:


David Sigloh (President)
  • Compensation: $14,980
  • Related: $0
  • Other: $0
Kent Haugland (Vice President)
  • Compensation: $14,100
  • Related: $0
  • Other: $0
Lynn Jacobson (Secretary/Treasurer)
  • Compensation: $12,332
  • Related: $0
  • Other: $0
Steven Overlee (Assistant Secretary/Treasurer)
  • Compensation: $32
  • Related: $0
  • Other: $10,500
Lane Titus (Director)
  • Compensation: $7,332
  • Related: $0
  • Other: $0
Kurt Koppelsloen (Director)
  • Compensation: $9,332
  • Related: $0
  • Other: $0
Jeff Dahlin (Director)
  • Compensation: $32
  • Related: $0
  • Other: $7,650
Jerry King (General Manager)
  • Compensation: $245,989
  • Related: $0
  • Other: $150,352
Brooke Watterud (Office Manager)
  • Compensation: $113,588
  • Related: $0
  • Other: $53,667
Eric Sieg (Ops Foreman(Jan-May)/Ops Manager(May-Dec))
  • Compensation: $137,164
  • Related: $0
  • Other: $65,230
Vernon Unruh (Operations Manager (Jan-May))
  • Compensation: $57,312
  • Related: $0
  • Other: $21,469
Lex Lindbo (Line Foreman)
  • Compensation: $146,012
  • Related: $0
  • Other: $44,246
Jason Bruner (Line Foreman)
  • Compensation: $139,431
  • Related: $0
  • Other: $73,198
George Knutson (Line Foreman)
  • Compensation: $130,299
  • Related: $0
  • Other: $62,351
Terry Knutson (Journeyman Lineman)
  • Compensation: $129,048
  • Related: $0
  • Other: $32,936
Scott Lesmeister (Journeyman Lineman)
  • Compensation: $129,925
  • Related: $0
  • Other: $44,863


Official website here: www.bdec.coop

Where can I find the form 990 for Burke-Divide Electric Cooperative?

Burke-Divide Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bdec.coop

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

Mission Statement of Burke-Divide Electric Cooperative

Burke-Divide Electric Cooperative, a dedicated organization, strives to deliver reliable and high-quality electricity to its members at competitive prices. Going beyond just energy provision, the Cooperative aims to fortify the local economy and enhance the region's quality of life through advanced, innovative products and services. Adhering to cooperative principles, Burke-Divide Electric Cooperative serves 1,407 members with 3,836 active services, connected by 2,572 miles of line. The team at Burke-Divide Electric Cooperative remains committed to offering their community dependable electricity, ensuring a stable power source for daily life and economic growth. This mission is not only about energy, but also about fostering a thriving community where members can prosper, both personally and collectively.

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Impact




October, 2024

Burke-Divide Electric Cooperative significantly impacts its community by providing reliable, high-quality electricity to its members at competitive rates. Serving 1,407 members with 3,836 active services, it maintains an extensive infrastructure of 2,572 miles of line, ensuring that electricity is accessible throughout the region.

The cooperative plays a vital role in strengthening the local economy by investing in innovative, state-of-the-art products and services. Its mission focuses not only on delivering electricity but also on enhancing the quality of life for residents in Columbus, ND, and surrounding areas. By operating under cooperative principles, Burke-Divide Electric Cooperative fosters a sense of community and commitment to the public benefit, thus contributing to the overall well-being and sustainability of the region.




This information is meant to be a general summary of Burke-Divide Electric Cooperative. 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
$23,141,086 (2022)
Expenses
$23,141,086 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $140,089
  • Program Service Revenue: $23,137,985
  • Gross Receipts: $23,972,540

Assets and Liabilities:

  • Total Assets: $100,536,874
  • Total Liabilities: $58,225,793
  • Net Assets: $42,311,081

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Programs

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

Electricity

Revenue

$21,696,033

Capital Credits

Revenue

$1,219,110

Organization Details

Founding Year

1945

Principal Officer

Jerry King

Main Address

PO Box 6, Columbus, ND, 587270006

NTEE Category

Code: W80 - Public benefit

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