NonprofitsNorval Electric Cooperative Inc

Mutual & Membership Benefit

Norval Electric Cooperative Inc

GLASGOW, MT

Total revenue

$8.5M

Total expenses

$8.5M

Net assets

$18.7M

Grants received

EIN

810215971

Tax year

2024

Mission

Electric Utility cooperative serving rural residences, farms, businesses and other industrial accounts located in Daniels, McCone, Phillips, Roosevelt and Valley Counties.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$8.0M
Investment income$57K
Other revenue$415K
Total revenue$8.5M

Expenses

Grants paid
Salaries & benefits$2.3M
Fundraising
Other expenses$5.8M
Total expenses$8.5M
Total assets$31.9M
Net assets$18.7M

People

13 listed

NameRoleCompensation

Rick Stahl

Director

Board

$9K

3 hrs/wk

Chris Christensen

President

Board

$8K

15 hrs/wk

Rocky Kittleson

Secretary/Treasurer

Board

$6K

3 hrs/wk

Sam Gundermann

Director

Board

$6K

3 hrs/wk

Ronald Reddig

Director

Board

$6K

3 hrs/wk

Richard Molvig

Vice President

Board

$6K

3 hrs/wk

Kevin Nelson

Director

Board

$4K

3 hrs/wk

Brian Miller

Director

Board

$1K

3 hrs/wk

Nicholas Dulaney

Line Superintendent

Staff

$126K

45 hrs/wk

Cody Odom

Foreman

Staff

$119K

40 hrs/wk

Jayson Nelson

Foreman

Staff

$119K

40 hrs/wk

Jace Young

Lineman

Staff

$111K

40 hrs/wk

Ryan Bergtoll

Lineman

Staff

$110K

40 hrs/wk

Independent contractors

TCH Construction

URD Contractor

$168K

Details

EIN810215971
NTEE codeY22
Subsection12
Ruling date1956-03
Formed1941
Employees20
Volunteers0
NORVAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo