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  4. Nodak Electric Cooperative
EIN 45-0172533

Nodak Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
68
City
Grand Forks
State
North Dakota
Year formed
1939
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Nodak Electric Cooperative is a rural electric cooperative serving more than 20,000 accounts in Northeastern North Dakota. Its programs cover all other expenses related to providing electric service, including depreciation expense. It is located in Grand Forks, ND.
Total revenues
$144,951,964
2022
Total expenses
$141,889,868
2022
Total assets
$167,870,496
2022
Num. employees
68
2022

Program areas at Nodak Electric Cooperative

Power cost expense to provide electricity to 20,000 accounts
Interest expense to provide electric service to 20,000 accounts
Depreciation expense to provide electric service to 20,000 accounts
Other program services to provide electric service to 20,000 accounts.

Personnel at Nodak Electric Cooperative

NameTitleCompensation
Mylo EinarsonPresident and Chief Executive Officer$289,228
Steve BreidenbachEngineering Manager$175,777
Nodak Electric Cooperative IncAcctg and Finance Manager
Tom EdwardsAccounting and Finance Manager$146,826
Blaine RekkenMember and Energy Services Manager$140,095
...and 5 more key personnel

Financials for Nodak Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$142,542,213
Investment income and dividends$232,065
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$31,335
Miscellaneous revenues$2,146,351
Total revenues$144,951,964

Form 990s for Nodak Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-09990View PDF
2021-122022-04-26990View PDF
2020-122021-06-30990View PDF
2019-122021-04-22990OView PDF
2018-122019-08-12990OView PDF
...and 8 more Form 990s

Organizations like Nodak Electric Cooperative

OrganizationLocationRevenue
Kankakee Valley Rural Electric Membership CorporationWanatah, IN$41,267,905
Alaska Electric and Energy CooperativeHomer, AK$68,025,106
Green Power EMCTucker, GA$55,363,576
Pee Dee Electric CooperativeDarlington, SC$97,590,031
Smarr EMCTucker, GA$98,894,071
L&o Power CooperativeRock Rapids, IA$39,486,397
La Plata Electric AssociationDurango, CO$112,117,449
New York Municipal Power AgencyEast Syracuse, NY$72,287,355
Lorain-Medina Rural Electric CooperativeWellington, OH$48,347,059
Tex-La Electric Cooperative of TexasNacogdoches, TX$121,752,749
Data update history
August 17, 2023
Updated personnel
Identified 2 new personnel
July 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Used new vendors
Identified 2 new vendors, including , and
May 11, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelNo full-time employees
General information
Address
4000 32nd Ave S
Grand Forks, ND 58201
Metro area
Grand Forks, ND-MN
Website URL
nodakelectric.com/ 
Phone
(701) 746-4461
IRS details
EIN
45-0172533
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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