NonprofitsKem Electric Cooperative Inc

Kem Electric Cooperative Inc

LINTON, ND

Total revenue

$15.3M

Total expenses

$15.3M

Net assets

$17.9M

Grants received

EIN

450218423

Tax year

2024

Mission

Kem electric cooperative, inc., is a distribution cooperative that provides electrical energy to consumers in the rural areas of four south central counties in north dakota.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.7M
Investment income$53K
Other revenue$552K
Total revenue$15.3M

Expenses

Grants paid
Salaries & benefits$348K
Fundraising
Other expenses$13.4M
Total expenses$15.3M
Total assets$50.5M
Net assets$17.9M

People

15 listed

NameRoleCompensation

CARMEN ESSIG

VICE CHAIRMAN

Board

$23K

7.33 hrs/wk

VICTOR WALD

CHAIRMAN

Board

$16K

2.38 hrs/wk

CARTER VANDERWAL

SECRETARY/TREASURER

Board

$15K

5.29 hrs/wk

DEAN DEWALD

DIRECTOR

Board

$13K

3.46 hrs/wk

NEIL MEIDINGER

DIRECTOR

Board

$10K

3.96 hrs/wk

JOHN BECK

DIRECTOR

Board

$9K

5.5 hrs/wk

ESTATE OF ANTON SHAFFNER

DIRECTOR

Board

$1K

0.19 hrs/wk

ALEX CRAIGMILE IEA

CFO

Board

0

TRAVIS KUPPER IEA

CO-MANAGER

Board

0

JASON BENTZ IEA

CO-MANAGER

Board

0

DALE NAGEL

CHIEF OF STAFF

Staff

$150K

40 hrs/wk

KEVIN HORNER

AREA FOREMAN

Staff

$136K

40 hrs/wk

MARTIN MESSER

AREA FOREMAN

Staff

$130K

40 hrs/wk

TYLER SCHUMMER

JOURNEYMAN LINEMAN

Staff

$126K

40 hrs/wk

AUSTIN OHLHAUSER

JOURNEYMAN LINEMAN

Staff

$119K

40 hrs/wk

Independent contractors

INNOVATIVE ENERGY ALLIANCE COOPERATIVE

MANAGEMENT AND OFFICE SERVICES

$1.3M

K & H ELECTRIC

ELECTRICIAN

$465K

MAINTENANCE SOLUTIONS COOPERATIVE

LINE MAINTENANCE SERVICES

$152K

3C CONSTRUCTION LLC

CONSTRUCTION

$107K

Details

EIN450218423
Subsection12
Ruling date1953-03
Formed1944
Employees16
Volunteers0
KEM ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo