Dakota Valley 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: 450454206 ✦ Edgeley, ND ✦ Designated as a 501(c)(12)

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Overview

What is Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative Inc is a nonprofit organization based in Edgeley, North Dakota, delivering electric energy to its rural members. With approximately 4,199 members and 6,885 service locations, the cooperative boasts a network of 4,622.51 miles of power lines, including 2,582.33 miles of overhead lines and 2,040.18 miles of underground lines. Dedicated to providing dependable power and energy at fair prices, Dakota Valley Electric Cooperative goes beyond its core business by offering extended customer support services. Additionally, it provides technical assistance, financial tools, and human resources that foster community development. The cooperative currently employs 45 individuals.


Official website here: www.dakotavalley.com

What are the reviews and ratings of this charity?

Dakota Valley Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating is not indicative of a negative or positive assessment, but rather reflects that the organization does not meet certain criteria, such as IRS registration under 501(c)(3), necessary for a formal evaluation. Historically, their rating would have considered aspects of Accountability and Finance.

The organization cannot be evaluated using Charity Navigator's specific methodologies like Accountability & Finance or Impact & Measurement due to its non-501(c)(3) status. This limits available data, including key financial transparency and leadership adaptability insights, which are key elements for many nonprofit evaluations.

No user reviews are available on GreatNonprofits to provide further insights into public perception or the impact the organization has on its community. Hence, feedback from beneficiaries or stakeholders remains absent from this summary.


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

Is Dakota Valley Electric Cooperative Inc legitimate?

Dakota Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dakota Valley 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: $718,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,808,981

For more financial information, click here


Official website here: www.dakotavalley.com

What is the mission statement of Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative is committed to delivering reliable electric power and energy to its rural members at fair and reasonable prices. Beyond its core electric and energy business, the cooperative offers a range of customer support services. These services are designed to extend convenience and support to members. Additionally, Dakota Valley Electric Cooperative strives to provide technical assistance, financial tools, and human resources that contribute to community development.


Official website here: www.dakotavalley.com

Who is the CEO of Dakota Valley Electric Cooperative Inc?

Mark Kinzler is the Secretary of Dakota Valley Electric Cooperative Inc.


Official website here: www.dakotavalley.com

What is the revenue of Dakota Valley Electric Cooperative Inc?

Dakota Valley Electric Cooperative Inc's revenue in 2022 was $61,778,658.


Official website here: www.dakotavalley.com

Who are the executives of Dakota Valley Electric Cooperative Inc and what are their salaries?

The average compensation at Dakota Valley Electric Cooperative Inc during 2022 was $100,618. There are 45 employees at Dakota Valley Electric Cooperative Inc.


Here are 18 key members and their salaries:


Connie Bitz (Secretary)
  • Compensation: $20,650
  • Related: $0
  • Other: $0
Arden Fuher (President)
  • Compensation: $15,050
  • Related: $0
  • Other: $0
Mike Hauschild (Vice President)
  • Compensation: $10,850
  • Related: $0
  • Other: $0
David Paulson (Treasurer)
  • Compensation: $16,800
  • Related: $0
  • Other: $0
Kim Rasmussen (Director)
  • Compensation: $12,950
  • Related: $0
  • Other: $0
Neil Olerud (Director)
  • Compensation: $12,250
  • Related: $0
  • Other: $0
Patricia Gehlhar (Director)
  • Compensation: $15,750
  • Related: $0
  • Other: $0
Jeremy Nitschke (Director (Start April))
  • Compensation: $6,666
  • Related: $0
  • Other: $0
Bruce Bosse (Director (Start April))
  • Compensation: $6,650
  • Related: $0
  • Other: $0
Richard Johnson (Director (Until March))
  • Compensation: $3,150
  • Related: $0
  • Other: $0
Blaine Lundgren (Director (Until March))
  • Compensation: $2,450
  • Related: $0
  • Other: $0
Mark Kinzler (General Manager)
  • Compensation: $245,630
  • Related: $0
  • Other: $106,787
Kelly Wald (Business Manager)
  • Compensation: $148,197
  • Related: $0
  • Other: $145,377
Jon Coleman (Edgeley Line Foreman)
  • Compensation: $144,952
  • Related: $0
  • Other: $16,415
Bradley Lunneborg (Operations Manager)
  • Compensation: $133,154
  • Related: $0
  • Other: $30,403
John Schwalk (Journeyman Lineman)
  • Compensation: $128,833
  • Related: $0
  • Other: $27,871
Cory Koenig (Journeyman Lineman)
  • Compensation: $127,037
  • Related: $0
  • Other: $35,766
Grant Baker (Gackle Line Foreman)
  • Compensation: $125,617
  • Related: $0
  • Other: $60,848


Official website here: www.dakotavalley.com

Where can I find the form 990 for Dakota Valley Electric Cooperative Inc?

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


Official website here: www.dakotavalley.com

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

Mission Statement of Dakota Valley Electric Cooperative Inc

Dakota Valley Electric Cooperative, a dedicated organization, is committed to delivering reliable electric power and energy to its rural members at reasonable prices. Beyond supplying electricity, the cooperative extends its reach to provide a variety of customer support services complementary to its core business. Dakota Valley Electric Cooperative aspires to be more than just an energy provider, aiming to foster community development through the provision of technical assistance, financial tools, and human resources.

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Impact




October, 2024

Dakota Valley Electric Cooperative Inc plays a critical role in empowering rural communities by providing reliable electric energy. With 4,199 members and 6,885 service locations in 2022, it has established an expansive network that spans 4,622.51 miles of line—comprising 2,582.33 miles of overhead line and 2,040.18 miles of underground lines. This extensive infrastructure ensures that rural residents have access to essential electricity, contributing to their quality of life and economic opportunities.

The cooperative is committed to delivering not only dependable electric power at fair prices but also a range of customer support services that enhance the member experience. By offering technical assistance, financial tools, and resources for community development, Dakota Valley Electric Cooperative fosters growth and sustainability within the regions it serves. Its mission is centered around mutual benefit, highlighting the cooperative’s dedication to supporting and uplifting the communities it operates in.




This information is meant to be a general summary of Dakota Valley 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
$61,778,658 (2022)
Expenses
$61,778,666 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $402,466
  • Program Service Revenue: $61,376,192
  • Gross Receipts: $61,778,658

Assets and Liabilities:

  • Total Assets: $161,341,737
  • Total Liabilities: $86,571,630
  • Net Assets: $74,770,107

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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

$56,687,126

Capital Credits

Revenue

$4,680,892

Organization Details

Founding Year

2000

Principal Officer

Mark Kinzler

Main Address

7296 Hwy 281, Edgeley, ND, 584339503

NTEE Category

Code: Y22 - Mutual benefit

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