NonprofitsDakota Valley Electric Cooperative Inc

Mutual & Membership Benefit

Dakota Valley Electric Cooperative Inc

EDGELEY, ND

Total revenue

$61.0M

Total expenses

$62.2M

Net assets

$83.5M

Grants received

EIN

450454206

Tax year

2024

Mission

Deliver electric energy to rural members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$60.4M
Investment income$564K
Other revenue$4K
Total revenue$61.0M

Expenses

Grants paid
Salaries & benefits$6.0M
Fundraising
Other expenses$50.3M
Total expenses$62.2M
Total assets$179.7M
Net assets$83.5M

People

18 listed

NameRoleCompensation

Mark Kinzler

General Manager

Board

$278K

43.3 hrs/wk

Kelly Wald

Business Manager

Board

$167K

42.8 hrs/wk

Kristin Syverson

Business Manager (As of 10/24)

Board

$40K

42.7 hrs/wk

Kim Rasmussen

President

Board

$17K

6 hrs/wk

Patricia Gehlhar

Vice President

Board

$15K

5 hrs/wk

Neil Olerud

Director

Board

$15K

4 hrs/wk

Connie Bitz

Secretary

Board

$15K

3 hrs/wk

David Paulson

Director

Board

$14K

4.5 hrs/wk

Arden Fuher

Director

Board

$12K

8 hrs/wk

Bruce Bosse

Treasurer

Board

$10K

2 hrs/wk

Paul Dimmer

Director (As of Jun 24)

Board

$9K

2 hrs/wk

Jeremy Nitschke

Director

Board

$8K

2 hrs/wk

Mike Hauschild

Vice President (Until 6/24)

Board

$4K

2 hrs/wk

Bradley Lunneborg

Operations Manager

Staff

$152K

42.5 hrs/wk

Jon Coleman

Edgeley Line Foreman

Staff

$151K

46.9 hrs/wk

Monty Zimmer

Oakes Line Foreman

Staff

$139K

44.8 hrs/wk

Brandon Giesler

Manager of Engineering & IT

Staff

$138K

41.9 hrs/wk

Trevor Intveld

Wahpeton Line Foreman

Staff

$138K

44.6 hrs/wk

Independent contractors

Legacy Power Line

Repair OH Line

$1.3M

K & H Electric

Replace UG Cable

$1.0M

Ace Utility Services LLC

Cable Locates

$115K

Superior BuildersSB Inc

New Building in Milnor

$109K

Details

EIN450454206
NTEE codeY22
Subsection12
Ruling date2000-04
Formed2000
Employees46
Volunteers0
DAKOTA VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo