NonprofitsMckenzie Electric Cooperative Inc

Mckenzie Electric Cooperative Inc

WATFORD CITY, ND

Total revenue

$478.7M

Total expenses

$478.7M

Net assets

$465.1M

Grants received

EIN

450217439

Tax year

2024

Mission

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

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$447.2M
Investment income$9.1M
Other revenue$22.4M
Total revenue$478.7M

Expenses

Grants paid
Salaries & benefits$9.5M
Fundraising
Other expenses$416.9M
Total expenses$478.7M
Total assets$646.8M
Net assets$465.1M

People

16 listed

NameRoleCompensation

MATT HANSON

CEO

Board

$284K

57.3 hrs/wk

JAMIE CROSS

DIRECTOR OF ACCOUNTING AND FINANCE

Board

$179K

45.8 hrs/wk

KEN SANFORD

DIRECTOR

Board

$32K

6 hrs/wk

RAY TESCHER

VICE PRESIDENT

Board

$32K

7.4 hrs/wk

TIM WASEM

SECRETARY/TREASURER

Board

$31K

6.3 hrs/wk

CHRIS LINK

PRESIDENT

Board

$31K

5.8 hrs/wk

TRAVIS THOMPSON

DIRECTOR-AT-LARGE

Board

$30K

5.9 hrs/wk

RICHARD JORE

DIRECTOR

Board

$29K

5.2 hrs/wk

CAMERON WAHLSTROM

DIRECTOR

Board

$29K

5.2 hrs/wk

CLAYTON MONSEN

DIRECTOR

Board

$28K

5.4 hrs/wk

STEPHEN KERSHISNIK

DIRECTOR

Board

$27K

4.6 hrs/wk

KARL AAKER

DIRECTOR OF ENGINEERING SE

Staff

$180K

42.5 hrs/wk

ZANE FRICK

DIRECTOR OF OPERATIONS

Staff

$177K

45 hrs/wk

AUSTIN FIECHTNER

SUBSTATION TECHNICIAN FOREMAN

Staff

$159K

49.5 hrs/wk

RYAN ZASTOUPIL

JOURNEYMAN LINEMAN

Staff

$150K

48.4 hrs/wk

JAMES HANSEN

CONSTRUCTION MANAGER

Staff

$146K

42.2 hrs/wk

Independent contractors

HIGHMARK ERECTORS INC

ELECTRICAL CONTRACTOR

$7.1M

BADLANDS ELECTRIC INC

LINE CONSTRUCTION

$6.6M

STOEL RIVES LLP

LEGAL SERVICES

$5.6M

4T CONSTRUCTION INC

LINE CONSTRUCTION

$5.2M

MOUNTAIN PLAINS LLC

CIVIL ENGINEERING

$3.2M

Details

EIN450217439
Subsection12
Ruling date1961-09
Formed1945
Employees77
Volunteers0
MCKENZIE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo