Cavalier Rural Electric Cooperative Inc

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

EIN: 450217426 ✦ Langdon, ND ✦ Designated as a 501(c)(12)

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Overview

What is Cavalier Rural Electric Cooperative Inc?

Cavalier Rural Electric Cooperative Inc is a nonprofit organization located in Langdon, North Dakota. With a PO Box 749 address, this entity serves as an electric distribution cooperative, providing electricity to 1,115 members across the region. The cooperative has established 1,614 service connections, demonstrating its extensive reach and commitment to its community. The cooperative operates with a team of 18 dedicated individuals, working tirelessly to ensure reliable electricity supply and service delivery.


Official website here: www.cavalierrec.com

Is Cavalier Rural Electric Cooperative Inc legitimate?

Cavalier Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cavalier Rural 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: $274,597
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cavalierrec.com

What is the mission statement of Cavalier Rural Electric Cooperative Inc?

Cavalier Rural Electric Cooperative Inc is committed to providing electric distribution services to a community of 1,115 members. Their mission is to ensure that these members have access to 1,614 electric services in place. The cooperative operates with the aim of delivering reliable and efficient electric distribution, serving as a vital resource for its members' energy needs. While the information provided does not elaborate on specific goals or objectives beyond providing electric services, it is evident that Cavalier Rural Electric Cooperative Inc prioritizes the well-being and energy needs of its members.


Official website here: www.cavalierrec.com

Who is the CEO of Cavalier Rural Electric Cooperative Inc?

Tiffany Pritchard is the Vice President (From Dec 2022) of Cavalier Rural Electric Cooperative Inc.


Official website here: www.cavalierrec.com

What is the revenue of Cavalier Rural Electric Cooperative Inc?

Cavalier Rural Electric Cooperative Inc's revenue in 2022 was $5,483,237.


Official website here: www.cavalierrec.com

Who are the executives of Cavalier Rural Electric Cooperative Inc and what are their salaries?

The average compensation at Cavalier Rural Electric Cooperative Inc during 2022 was $15,255. There are 18 employees at Cavalier Rural Electric Cooperative Inc.


Here are 11 key members and their salaries:


Anthony Ottem (Vice President (From Dec 2022))
  • Compensation: $3,100
  • Related: $0
  • Other: $0
Del Gage (Director)
  • Compensation: $2,450
  • Related: $0
  • Other: $0
John Martinson (President)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Steve Hart (Secretary)
  • Compensation: $3,050
  • Related: $0
  • Other: $0
Tim Devine (Vice President (Through Nov 2022))
  • Compensation: $6,650
  • Related: $0
  • Other: $0
Chris Pankratz (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Wade Harpestad (Director)
  • Compensation: $2,600
  • Related: $0
  • Other: $0
Chris Olson (Director (From Nov 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Riesen (General Manager (Through Feb 2022))
  • Compensation: $10,372
  • Related: $0
  • Other: $61
Tiffany Pritchard (Finance Manager)
  • Compensation: $66,764
  • Related: $0
  • Other: $5,579
Marty Tetrault (General Manager (From Feb 2022))
  • Compensation: $121,184
  • Related: $0
  • Other: $75,183


Official website here: www.cavalierrec.com

Where can I find the form 990 for Cavalier Rural Electric Cooperative Inc?

Cavalier Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cavalierrec.com

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

Mission Statement of Cavalier Rural Electric Cooperative Inc

Cavalier Rural Electric Cooperative Inc is a dedicated electric distribution cooperative, serving a community of 1,115 members. Its mission is to provide reliable electricity services to its members, as evidenced by the 1,614 services it has in place. The cooperative operates with the aim of ensuring that every member has access to a stable and dependable electricity supply.

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Impact




October, 2024

Cavalier Rural Electric Cooperative Inc significantly impacts the community by providing essential electrical distribution services to 1,115 members in Langdon, North Dakota. With 1,614 services installed, it ensures that residents and businesses have reliable access to electricity, which is fundamental for daily living and operational needs. The cooperative's commitment to serving its members contributes to local economic stability and growth, enhancing the quality of life in the region. Its activities facilitate not only the distribution of power but also foster community engagement and support, positioning it as a vital resource for public benefit in the area.




This information is meant to be a general summary of Cavalier Rural 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
$5,483,237 (2022)
Expenses
$5,467,051 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,737
  • Program Service Revenue: $5,345,597
  • Gross Receipts: $6,290,410

Assets and Liabilities:

  • Total Assets: $18,952,651
  • Total Liabilities: $10,898,536
  • Net Assets: $8,054,115

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Programs

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

SALE OF ELECTRIC SERVI

Revenue

$5,314,969

LINE MATERIAL SALES

Revenue

$17,577

LATE PENALTY CHARGE

Revenue

$12,716

RECONNECTS

Revenue

$335

Organization Details

Founding Year

1945

Principal Officer

Tiffany Pritchard

Main Address

PO BOX 749, LANGDON, ND, 58249

NTEE Category

Code: W80 - Public benefit

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