Beltrami Electric Cooperative

Bemidji, MN
Tax-exempt since June 1946
EIN: 41-0144943

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$62.5M (2023)

Expenses

$61.6M (2023)

Total Assets

$137M (2023)

Total Liabilities

$85.3M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$62,489,239

Expenses

$61,555,125

Net Income

$934,114

Net Assets

$52,173,595

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,854,093	99.0%
Investment Income	$272,116	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$9,513
Net Fundraising	$0
Sales of Assets	$6,641	0.0%
Net Inventory Sales	$20,807	0.0%
Other Revenue	$345,095	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$752,554	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,635,184	9.2%

Assets/Debt
Total Assets	$137,462,177
Total Liabilities	$85,288,582
Net Assets	$52,173,595

Club or Co-Op Income
Income From Members	$60,760,185
Income From Other Sources	$1,887,767

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$293,802	$0	$111,264
Mike Birkeland (Vp Of Electrification & Member Experience)	$168,853	$0	$53,237
Arlene Hogquist (Director Of Finance & Corporate Services)	$168,477	$0	$178,523
Richard Riewer (Manager Of Engineering)	$160,109	$0	$72,275
Lee Pemberton (Manager Of Operations)	$136,969	$0	$87,864
Richard Harris (Ocr Tech Lineman)	$124,949	$0	$40,137
Eric Splichal (Journeyman Lineman)	$124,606	$0	$38,214
Suzanne Kringen (Vice Pres/Director)	$20,812	$0	$0
John Lund (President/Director)	$19,771	$0	$0
Michael Monsrud (Director)	$16,069	$0	$0
Murl Nord (Secretary/Director)	$13,133	$0	$0
Craig Gaasvig (Director)	$13,040	$0	$0
Robert Wallner (Director)	$12,798	$0	$0
Sharon Lembke (Treasurer/Director)	$12,699	$0	$0
Donald Perkins (Director)	$11,534	$0	$0
Richard Coe (Director)	$9,956	$0	$0

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990

Filed on Sept. 12, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$59,261,181

Expenses

$59,055,422

Net Income

$205,759

Net Assets

$51,624,151

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$59,226,390	99.9%
Investment Income	$148,199	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$11,214	0.0%
Net Fundraising	$0
Sales of Assets	$6,192	0.0%
Net Inventory Sales	$17,057	0.0%
Other Revenue	-$147,871

Notable Expenses		Percent of Total Expenses
Executive Compensation	$656,918	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,517,139	9.3%

Assets/Debt
Total Assets	$138,158,231
Total Liabilities	$86,534,080
Net Assets	$51,624,151

Club or Co-Op Income
Income From Members	$58,068,424
Income From Other Sources	$1,410,198

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$265,005	$0	$156,014
Arlene Hogquist (Director Of Finance & Corp)	$152,293	$0	$188,347
Richard Riewer (Manager Of Engineering)	$151,796	$0	$96,537
Mike Birkeland (Vp Of Electrification & Member Experience)	$150,662	$0	$53,693
Daniel Edens (Manager Of Operations)	$140,302	$0	$37,680
Logan Mistic (Journeyman Lineman)	$128,915	$0	$22,897
Eric Splichal (Lineman Foreman)	$127,395	$0	$55,952
John Lund (President/Director)	$16,867	$0	$0
Suzanne Kringen (Vice Pres/Director)	$12,383	$0	$0
Sharon Lembke (Treasurer/Director)	$12,134	$0	$0
Michael Monsrud (Director)	$11,836	$0	$0
Murl Nord (Secretary/Director)	$8,792	$0	$0
Craig Gaasvig (Director)	$8,487	$0	$0
Robert Wallner (Director)	$8,372	$0	$0
Donald Perkins (Director)	$7,759	$0	$0
Richard Coe (Director)	$7,179	$0	$0

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990

Filed on Oct. 3, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$58,653,821

Expenses

$56,341,936

Net Income

$2,311,885

Net Assets

$50,792,460

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,736,391	98.4%
Investment Income	$199,942	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$19,122	0.0%
Net Fundraising	$0
Sales of Assets	$154	0.0%
Net Inventory Sales	$9,368	0.0%
Other Revenue	$688,844	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$603,513	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,285,139	9.4%

Assets/Debt
Total Assets	$132,948,143
Total Liabilities	$82,155,683
Net Assets	$50,792,460

Club or Co-Op Income
Income From Members	$55,561,473
Income From Other Sources	$3,092,842

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$251,502	$0	$162,002
Richard Riewer (Manager Of Engineering)	$145,054	$0	$91,990
Daniel Edens (Manager Of Operations)	$142,463	$0	$168,311
Arlene Hogquist (Director Of Finance & Corp)	$139,307	$0	$181,936
Sam Mason (Director Of Energy & Membe)	$138,986	$0	$84,915
Eric Splichal (Lineman Foreman)	$116,580	$0	$55,670
Ryan Rogers (Lineman Foreman)	$114,495	$0	$38,888
Suzanne Kringen (Vice Pres/Director)	$10,286	$0	$0
John Lund (President/Director)	$10,136	$0	$0
Craig Gaasvig (Director)	$9,014	$0	$0
Murl Nord (Secretary/Director)	$8,349	$0	$0
Donald Perkins (Director)	$6,908	$0	$0
Charles Parson Jan Aug (Director)	$6,855	$0	$0
Richard Coe (Director)	$5,791	$0	$0
Robert Wallner (Director)	$5,776	$0	$0
Judy Honer Jan Aug (Treasurer/Director)	$3,892	$0	$0
Michale Monsrud Sept Dec (Director)	$3,349	$0	$0
Sharon Lembke Sept Dec (Treasurer/Director)	$2,598	$0	$0

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990

Filed on Nov. 9, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$57,188,774

Expenses

$55,901,987

Net Income

$1,286,787

Net Assets

$47,743,525

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,002,008	99.7%
Investment Income	$308,606	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$13,750	0.0%
Net Fundraising	$0
Sales of Assets	-$5,967
Net Inventory Sales	-$8,467
Other Revenue	-$121,156

Notable Expenses		Percent of Total Expenses
Executive Compensation	$572,402	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,955,757	8.9%

Assets/Debt
Total Assets	$130,639,588
Total Liabilities	$82,896,063
Net Assets	$47,743,525

Club or Co-Op Income
Income From Members	$55,937,215
Income From Other Sources	$1,616,749

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$241,757	$0	$151,058
Richard Riewer (Manager Of Engineering)	$142,151	$0	$76,117
Daniel Edens (Manager Of Operations)	$138,492	$0	$137,936
Sam Mason (Director Of Energy & Membe)	$136,057	$0	$97,931
Arlene Hogquist (Director Of Finance & Corp)	$135,960	$0	$180,364
Scott Pemberton (Lineman Foreman)	$113,728	$0	$70,646
Eric Splichal (Journeyman Lineman)	$112,718	$0	$53,259
John Lund (Vice Pres/Director)	$10,325	$0	$0
Suzanne Kringen (Director)	$10,025	$0	$0
Charles Parson (Director)	$8,650	$0	$0
Robert Wallner (Director)	$7,650	$0	$0
Murl Nord (Secretary/Director)	$6,950	$0	$0
Donald Perkins (Director)	$6,400	$0	$0
Judy Honer (Treasurer/Director)	$6,125	$0	$0
Richard Coe (President/Director)	$6,100	$0	$0
Craig Gaasvig (Director)	$6,100	$0	$0

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990

Filed on Oct. 1, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$57,498,989

Expenses

$56,697,020

Net Income

$801,969

Net Assets

$45,251,226

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,041,250	99.2%
Investment Income	$343,311	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$27,262	0.0%
Net Fundraising	$0
Sales of Assets	-$31,065
Net Inventory Sales	$20,950	0.0%
Other Revenue	$97,281	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$552,791	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,744,313	8.4%

Assets/Debt
Total Assets	$128,374,148
Total Liabilities	$83,122,922
Net Assets	$45,251,226

Club or Co-Op Income
Income From Members	$56,709,946
Income From Other Sources	$1,267,891

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$230,236	$0	$105,769
Richard Riewer (Manager Of Engineering)	$132,999	$0	$59,286
Daniel Edens (Manager Of Operations)	$127,428	$0	$96,768
Arlene Hogquist (Director Of Finance & Corp)	$127,185	$0	$131,898
Sam Mason (Director Of Energy & Member Service)	$125,587	$0	$103,642
Eric Splichal (Journeyman Lineman)	$110,570	$0	$46,864
Scott Pemberton (Lineman Foreman)	$108,661	$0	$58,777
John Lund (Vice Pres/Director)	$11,125	$0	$0
Suzanne Kringen (Director)	$10,050	$0	$0
Judy Honer (Treasurer/Director)	$9,625	$0	$0
Murl Nord (Secretary/Director)	$7,875	$0	$0
Charles Parson (Director)	$7,800	$0	$0
Craig Gaasvig (Director)	$7,300	$0	$0
Robert Wallner (Director)	$6,300	$0	$0
Richard Coe (President/Director)	$6,125	$0	$0
Donald Perkins (Director)	$5,550	$0	$0

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990

Filed on Oct. 9, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$55,560,304

Expenses

$54,513,066

Net Income

$1,047,238

Net Assets

$43,759,704

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$55,117,646	99.2%
Investment Income	$300,845	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$22,150	0.0%
Net Fundraising	$0
Sales of Assets	-$67,668
Net Inventory Sales	$801	0.0%
Other Revenue	$186,530	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$560,050	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,782,354	8.8%

Assets/Debt
Total Assets	$126,757,733
Total Liabilities	$82,998,029
Net Assets	$43,759,704

Club or Co-Op Income
Income From Members	$54,691,406
Income From Other Sources	$1,422,411

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$219,504	$0	$92,847
Richard Riewer (Manager Of Engineering)	$126,456	$0	$59,198
Arlene Hogquist (Director Of Finance & Corporate Services)	$119,886	$0	$100,141
Daniel Edens (Manager Of Operations)	$119,363	$0	$84,173
Sam Mason (Manager Of Energy Svcs & F)	$117,859	$0	$88,645
Eric Splichal (Journeyman Lineman)	$115,089	$0	$42,133
Scott Pemberton (Lineman Foreman)	$114,685	$0	$58,362
Sidney Sletten (Manager Of Finance & Member Service)	$38,087	$0	$13,331
Craig Gaasvig (Director)	$9,600	$0	$0
Suzanne Kringen (Director)	$8,850	$0	$0
Charles Parson (Director)	$8,100	$0	$0
John Lund (Vice Pres/Director)	$7,125	$0	$0
Judy Honer (Treasurer/Director)	$6,625	$0	$0
Donald Perkins (Director)	$5,600	$0	$0
Richard Coe (President/Director)	$5,375	$0	$0
Murl Nord (Secretary/Director)	$5,125	$0	$0
Robert Wallner (Director)	$4,350	$0	$0

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990

Filed on Oct. 8, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$53,524,171

Expenses

$52,836,059

Net Income

$688,112

Net Assets

$43,190,831

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$52,780,152	98.6%
Investment Income	$320,897	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,935	0.0%
Net Fundraising	$0
Sales of Assets	$202,336	0.4%
Net Inventory Sales	-$1,424
Other Revenue	$207,275	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$485,926	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,801,663	9.1%

Assets/Debt
Total Assets	$126,866,673
Total Liabilities	$83,675,842
Net Assets	$43,190,831

Club or Co-Op Income
Income From Members	$52,445,472
Income From Other Sources	$1,273,106

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo)	$199,128	$0	$84,967
Richard Riewer (Manager Of Engineering)	$122,900	$0	$54,673
Sidney Sletten (Director Of Finance & Memb)	$118,503	$0	$109,724
Daniel Edens (Manager Of Operations)	$114,741	$0	$74,334
Sam Mason (Manager Of Energy Svcs & F)	$109,248	$0	$80,552
Derick Kubitz (Journeyman Lineman)	$107,132	$0	$15,378
Scott Pemberton (Lineman Foreman)	$105,955	$0	$52,364
Suzanne Kringen (Director)	$10,595	$0	$0
Murl Nord (Secretary/Director)	$8,490	$0	$0
John Lund (Vice Pres/Director)	$8,385	$0	$0
Charles Parson (Director)	$8,060	$0	$0
Richard Coe (President/Director)	$5,954	$0	$0
Judy Honer (Treasurer/Director)	$5,954	$0	$0
Robert Wallner (Director)	$5,415	$0	$0
Craig Gaasvig (Director)	$5,186	$0	$0
Donald Perkins (Director)	$4,217	$0	$0
Jerry Larson (Director)	$2,150	$0	$0
Lea Perkins (Director)	$0	$0	$0

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990

Filed on Sept. 14, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$52,877,754

Expenses

$52,225,265

Net Income

$652,489

Net Assets

$43,601,889

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$52,387,360	99.1%
Investment Income	$257,786	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$21,901
Net Fundraising	$0
Sales of Assets	-$8,488
Net Inventory Sales	$4,023	0.0%
Other Revenue	$258,974	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$509,866	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,816,522	9.2%

Assets/Debt
Total Assets	$122,500,358
Total Liabilities	$78,898,469
Net Assets	$43,601,889

Club or Co-Op Income
Income From Members	$52,010,349
Income From Other Sources	$1,110,962

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jared Echternach (Ceo (April Dec, 2016))	$137,192	$0	$38,716
Richard Riewer (Manager Of Engineering)	$116,161	$0	$54,171
Sidney Sletten (Director Of Finance & Member Service)	$113,557	$0	$104,053
Daniel Edens (Manager Of Operations)	$111,700	$0	$68,060
Scott Pemberton (Lineman Foreman)	$111,650	$0	$46,240
Derick Kubitz (Journeyman Lineman)	$111,269	$0	$13,263
Sam Mason (Manager Of Energy Svcs & Facilities)	$106,888	$0	$74,484
Lynette Nieuwsma (Gen Mgr/Ceo (Jan Mar, 2016))	$89,631	$0	$70,428
Charles Parson (Director)	$8,330	$0	$0
Murl Nord (Secretary/Director)	$6,519	$0	$0
Judy Honer (Treasurer/Director)	$6,214	$0	$0
John Lund (Vice Pres/Director)	$6,105	$0	$0
Suzanne Kringen (Director)	$5,814	$0	$0
Richard Coe (President/Director)	$5,464	$0	$0
Robert Wallner (Director)	$4,995	$0	$0
Jerry Larson (Director)	$4,330	$0	$0
Lea Perkins (Director)	$2,940	$0	$0
Terry Diffley (Director)	$1,350	$0	$0

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990

Filed on Aug. 31, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$50,342,926

Expenses

$49,833,464

Net Income

$509,462

Net Assets

$43,411,133

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$49,985,966	99.3%
Investment Income	$221,629	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$6,157	0.0%
Net Fundraising	$0
Sales of Assets	$131,753	0.3%
Net Inventory Sales	-$2,579
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$515,748	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,664,426	9.4%

Assets/Debt
Total Assets	$119,765,572
Total Liabilities	$76,354,439
Net Assets	$43,411,133

Club or Co-Op Income
Income From Members	$49,878,852
Income From Other Sources	$749,159

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynette Nieuwsma (General Manager/Ceo)	$211,927	$0	$222,706
Richard Riewer (Manager Of Engineering)	$118,511	$0	$81,112
Sidney Sletten (Director Of Finance & Member Services)	$115,119	$0	$126,158
Daniel Edens (Manager Of Operations)	$113,167	$0	$90,270
Sam Mason (Mgr Of Energy Services & F)	$110,996	$0	$97,201
Richard Eisenzimmer (Lineman Foreman)	$105,534	$0	$75,680
Scott Pemberton (Maintenance Foreman)	$104,131	$0	$58,280
John Lund (Director (Jan Apr) / Vp (May Dec))	$8,266	$0	$0
Robert Wallner (Director)	$7,835	$0	$0
Murl Nord (Secretary)	$7,159	$0	$0
Jerry Larson (Director)	$6,640	$0	$0
Richard Coe (President)	$6,594	$0	$0
Judy Horner (Treasurer)	$6,319	$0	$0
Terry Diffley (Director)	$4,825	$0	$0
Charles Parson (Director)	$3,955	$0	$0
Lea Perkins (Director)	$3,770	$0	$0
Jeff Nelson (Vice President (Jan Apr))	$2,704	$0	$0

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990

Filed on July 12, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$51,035,118

Expenses

$50,302,663

Net Income

$732,455

Net Assets

$42,547,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$50,827,147	99.6%
Investment Income	$199,264	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,012	0.0%
Net Fundraising	$0
Sales of Assets	-$709
Net Inventory Sales	-$596
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$482,029	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,320,066	8.6%

Assets/Debt
Total Assets	$116,061,466
Total Liabilities	$73,514,057
Net Assets	$42,547,409

Club or Co-Op Income
Income From Members	$50,553,038
Income From Other Sources	$744,958

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynette Nieuwsma (General Manager/Ceo)	$194,002	$0	$148,771
Richard Riewer (Manager Of Engineering)	$119,080	$0	$32,155
Daniel Edens (Manager Of Operations)	$107,566	$0	$54,808
Sidney Sletten (Director Of Finance & Memb)	$107,501	$0	$83,773
Richard Eisenzimmer (Lineman Foreman)	$104,758	$0	$53,768
Sam Mason (Mgr Of Energy Services & F)	$103,877	$0	$60,677
Scott Pemberton (Maintenance Foreman)	$100,786	$0	$34,354
Murl Nord (Secretary)	$8,089	$0	$0
John Lund (Director)	$7,110	$0	$0
Jerry Larson (Director)	$5,360	$0	$0
Richard Coe (President)	$5,279	$0	$0
Judy Honer (Treasurer)	$5,279	$0	$0
Robert Wallner (Director (May Dec))	$5,040	$0	$0
Terry Diffley (Director)	$4,550	$0	$0
Jeff Nelson (Vice President)	$4,529	$0	$0
Lea Perkins (Director)	$2,690	$0	$0

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990

Filed on May 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$49,443,570

Expenses

$48,523,142

Net Income

$920,428

Net Assets

$42,080,326

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$49,283,414	99.7%
Investment Income	$153,817	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$2,639
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$8,978	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$485,912	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,148,003	8.5%

Assets/Debt
Total Assets	$114,383,318
Total Liabilities	$72,302,992
Net Assets	$42,080,326

Club or Co-Op Income
Income From Members	$49,088,343
Income From Other Sources	$687,272

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Lynette Nieuwsma (General Manager/Ceo)	$184,493	$0	$139,546
Richard Riewer (Manager Of Engineering)	$110,018	$0	$45,001
Daniel Edens (Manager Of Operations)	$108,274	$0	$62,011
Sidney Sletten (Director Of Finance & Member Services)	$105,085	$0	$78,307
Sam Mason (Mgr Of Energy Services & Facilities)	$103,175	$0	$65,557
Judy Honer (Treasurer)	$7,489	$0	$0
John Lund (Director)	$6,855	$0	$0
Jerry Larson (Director)	$5,605	$0	$0
Murl Nord (Secretary)	$5,544	$0	$0
Richard Coe (President)	$5,489	$0	$0
Jeff Nelson (Vice President)	$5,049	$0	$0
Terry Diffley (Director)	$4,550	$0	$0
Robert Wallner (Director (May Dec))	$3,765	$0	$0
Lea Perkins (Director)	$775	$0	$0

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990

Filed on June 6, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$46,640,663

Expenses

$45,344,149

Net Income

$1,296,514

Net Assets

$40,825,541

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$46,529,293	99.8%
Investment Income	$111,411	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$292	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$333
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$441,054	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,246,536	9.4%

Assets/Debt
Total Assets	$110,381,777
Total Liabilities	$69,556,236
Net Assets	$40,825,541

Club or Co-Op Income
Income From Members	$45,518,282
Income From Other Sources	$600,038

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$45,703,890

Expenses

$45,128,367

Net Income

$575,523

Net Assets

$38,948,698

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$45,618,578	99.8%
Investment Income	$80,767	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$4,047	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$498	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$424,279	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,071,623	9.0%

Assets/Debt
Total Assets	$108,635,538
Total Liabilities	$69,686,840
Net Assets	$38,948,698

Club or Co-Op Income
Income From Members	$45,064,669
Income From Other Sources	$667,409

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Beltrami Electric Cooperative

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $62.5M (2023)

Expenses $61.6M (2023)

Total Assets $137M (2023)

Total Liabilities $85.3M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$62.5M (2023)

Expenses

$61.6M (2023)

Total Assets

$137M (2023)

Total Liabilities

$85.3M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004