EIN 45-0206162

Verendrye Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
71
City
Velva
Year formed
1939
Most recent tax filings
2023-12-01
NTEE code, primary
Description
To provide quality Electric service at a competitive cost strengthen the area economy & lead in improving the region's quality of life through innovation while operating within the Cooperative principles.
Total revenues
$58,329,631
2023
Total expenses
$56,474,366
2023
Total assets
$181,199,972
2023
Num. employees
71
2023

Program areas at Verendrye Electric Cooperative

Verendrye Electric Cooperative distributed electricity to 12,729 members at 16,699 metering points. Verendrye had 2,341 miles of overhead distribution line and 2,276 miles of underground distribution line for a total of 4,617 miles of energized line.
Verendrye Electric Cooperative provides electrical safety programs to area schools and organizations and sponsors youth programs such as scholarships and a youth tour to the nations capital.
Verendrye Electric Cooperative provides to its members programs that promote energy conservation and efficiency such as weatherization loans energy audits high efficiency water heaters and heat pumps. Verendrye also has renewable energy programs such as solar water pumping and wind energy.

Financials for Verendrye Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$57,327,421
Investment income and dividends$906,001
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$54,480
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$41,729
Miscellaneous revenues$0
Total revenues$58,329,631

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Data update history
February 10, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 9, 2025
Updated personnel
Identified 1 new personnel
November 6, 2024
Updated personnel
Identified 1 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
615 Hwy 52 W
Velva, ND 58790
County
McHenry County, ND
Website URL
verendrye.com/ 
Phone
(701) 338-2855
IRS details
EIN
45-0206162
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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