NonprofitsNorth Itasca Electric Coop Inc

North Itasca Electric Coop Inc

BIGFORK, MN

Total revenue

$9.7M

Total expenses

$9.7M

Net assets

$12.0M

Grants received

EIN

410445923

Tax year

2024

Mission

The exempt purpose of the organization is to provide electrical energy to member-owners.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.5M
Investment income$50K
Other revenue$151K
Total revenue$9.7M

Expenses

Grants paid
Salaries & benefits$525K
Fundraising
Other expenses$8.8M
Total expenses$9.7M
Total assets$36.9M
Net assets$12.0M

People

17 listed

NameRoleCompensation

BRAD DOLINSKI

CEO

Board

$192K

45.3 hrs/wk

TINA DANIELSON

CFO

Board

$129K

50.25 hrs/wk

LLOYD KONGSJORD

SECRETARY

Board

$16K

12.6 hrs/wk

LARRY SALMELA

PRESIDENT

Board

$10K

10.73 hrs/wk

TODD CHRISTENSEN

DIRECTOR

Board

$7K

5.92 hrs/wk

JAMES WHITE

DIRECTOR

Board

$7K

3.54 hrs/wk

JEFFREY KILLIAN

DIRECTOR

Board

$6K

4.69 hrs/wk

WESLEY WALLER

VICE PRESIDENT

Board

$6K

6.73 hrs/wk

ROY BAIN

TREASURER

Board

$6K

5.25 hrs/wk

MARY RAHIER

DIRECTOR

Board

$5K

2.9 hrs/wk

TOM KALLIO

DIRECTOR (JOINED JUNE 2024)

Board

$5K

5.69 hrs/wk

BRUCE LEINO

DIRECTOR (LEFT FEBRUARY 2024)

Board

0

JOHN RAHIER JR

LINEMAN/LEAD

Staff

$124K

45 hrs/wk

CHARLES PECK

LINEMAN/LEAD

Staff

$122K

44.75 hrs/wk

CODY EISCHENS

LINEMAN

Staff

$122K

45.75 hrs/wk

JOSHUA HUBBARD

LINEMAN

Staff

$121K

45.75 hrs/wk

JAKE BOWERS

LINEMAN

Staff

$120K

45.5 hrs/wk

Independent contractors

J E OLSON CONTRACTING LLC

BORING

$222K

JEFF POWELL EXCAVATING LLC

ROW CLEARING/DEBRIS CLEAN UP

$213K

Details

EIN410445923
Subsection12
Ruling date1961-06
Formed1940
Employees23
Volunteers0
NORTH ITASCA ELECTRIC COOP INC — Mission, Financials & Grants Received | Grantivo