NonprofitsVerendrye Electric Cooperative Inc

Verendrye Electric Cooperative Inc

VELVA, ND

Total revenue

$57.4M

Total expenses

$55.8M

Net assets

$70.4M

Grants received

EIN

450206162

Tax year

2024

Mission

To provide quality electric service at a competitive cost strengthen the area economy & lead in improving the regions quality of life through innovation while operating within the cooperative principles

Programs

2 programs

Verendrye electric cooperative provides to its members programs that promote energy conservation and efficiency such as weatherization loans energy audits high efficiency water heaters and heat pumps. Verendrye also has renewable energy programs such as solar water pumping and wind energy.

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Verendrye electric cooperative provides electrical safety programs to area schools and organizations and sponsors youth programs such as scholarships and a youth tour to the nations capital.

0

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$56.4M
Investment income$979K
Other revenue$29K
Total revenue$57.4M

Expenses

Grants paid
Salaries & benefits$11.4M
Fundraising
Other expenses$41.9M
Total expenses$55.8M
Total assets$182.9M
Net assets$70.4M

People

17 listed

NameRoleCompensation

BRAD DOLL

GENERAL MANAGER

Board

$235K

48 hrs/wk

CHRISTEL LASKOWSKI

BUSINESS MANAGER

Board

$182K

48 hrs/wk

ROBERT HARGRAVE

DIRECTOR

Board

$18K

7 hrs/wk

MAXINE ROGNLIEN

ASST SECRETARY TREASURER

Board

$17K

7 hrs/wk

KAREN HENNESSY

VICE PRESIDENT

Board

$16K

7 hrs/wk

CLINT GJELLSTAD

PRESIDENT

Board

$12K

5 hrs/wk

SHAWN KAYLOR

SECRETARY TREASURER

Board

$10K

4 hrs/wk

JON HANSEN

DIRECTOR

Board

$9K

4 hrs/wk

BLAINE BRUNER

DIRECTOR

Board

$8K

4 hrs/wk

KEN SCHILD

DIRECTOR

Board

$8K

4 hrs/wk

ROBERT WOLF

DIRECTOR

Board

$7K

3 hrs/wk

TIM KRUMWIEDE

OPERATIONS MANAGER

Staff

$160K

48 hrs/wk

DJ RANDOLPH

COMPUTER ENGINEER

Staff

$141K

48 hrs/wk

TOM RAFFERTY

MEMBER SERVICE MANAGER

Staff

$134K

48 hrs/wk

CURT PETERSON

LINEMAN

Staff

$131K

45 hrs/wk

BRYAN SCHWAN

LINEMAN

Staff

$127K

45 hrs/wk

RICK ERICKSON

AREA FOREMAN

Staff

$126K

42 hrs/wk

Independent contractors

CENTRAL TRENCHING INC

DIGGING & TRENCHING

$1.9M

SUMMIT UTILITY SERVICES LLC

LINE LOCATING

$212K

Details

EIN450206162
Subsection12
Ruling date1952-09
Formed1939
Employees68
Volunteers0
VERENDRYE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo