NonprofitsBeltrami Electric Cooperative

Beltrami Electric Cooperative

BEMIDJI, MN

Total revenue

$61.3M

Total expenses

$60.4M

Net assets

$52.1M

Grants received

EIN

410144943

Tax year

2024

Mission

The tax-exempt purpose of the organization is to deliver electricity to members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$60.2M
Investment income$160K
Other revenue$972K
Total revenue$61.3M

Expenses

Grants paid$23K
Salaries & benefits$8.6M
Fundraising
Other expenses$51.4M
Total expenses$60.4M
Total assets$139.1M
Net assets$52.1M

People

16 listed

NameRoleCompensation

JARED ECHTERNACH

CEO

Board

$312K

52 hrs/wk

ARLENE HOGQUIST

DIRECTOR OF FINANCE & CORPORATE SERVICES

Board

$176K

46 hrs/wk

JOHN LUND

CHAIR/DIRECTOR

Board

$26K

6.35 hrs/wk

SUZANNE KRINGEN

VICE CHAIR/DIRECTOR

Board

$16K

5.37 hrs/wk

CRAIG GAASVIG

DIRECTOR

Board

$16K

4.04 hrs/wk

ROBERT WALLNER

DIRECTOR

Board

$15K

3.56 hrs/wk

SHARON LEMBKE

TREASURER/DIRECTOR

Board

$14K

4.75 hrs/wk

MURL NORD

SECRETARY/DIRECTOR

Board

$14K

5.37 hrs/wk

DONALD PERKINS

DIRECTOR

Board

$12K

4.65 hrs/wk

RICHARD COE

DIRECTOR

Board

$11K

4.65 hrs/wk

KEVIN GEERDES

DIRECTOR

Board

$8K

2.23 hrs/wk

MIKE BIRKELAND

VP OF ELECTRIFICATION & MEMBER EXPERIENCE

Staff

$174K

45 hrs/wk

RICHARD RIEWER

MANAGER OF ENGINEERING

Staff

$164K

41 hrs/wk

LEE PEMBERTON

MANAGER OF OPERATIONS

Staff

$143K

46 hrs/wk

RYAN ROGERS

LINE FOREMAN

Staff

$140K

47 hrs/wk

NICKOLAS ZIMMEL

LINE FOREMAN

Staff

$135K

47 hrs/wk

Independent contractors

COOPERATIVE DEVELOPMENT LLC

CONSTRUCTION AND LOCATING

$894K

CARR'S TREE SERVICE INC

RIGHT OF WAY CLEARING

$292K

Details

EIN410144943
Subsection12
Ruling date1946-06
Formed1940
Employees68
Volunteers0
BELTRAMI ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo