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Central Power Electric Coop Inc

  • Minot, ND
  • Tax-exempt since May 1957
  • EIN: 45-0226179

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$188M (2023)

Expenses
$174M (2023)

Total Assets
$480M (2023)

Total Liabilities
$322M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,214,649
Expenses
$173,849,791
Net Income
$14,364,858
Net Assets
$157,494,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $175,594,334
93.3%
Investment Income $261,085
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,359,230
6.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $479,614,700
Total Liabilities $322,120,127
Net Assets $157,494,573
Club or Co-Op Income
Income From Members $159,889,436
Income From Other Sources $15,704,898
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Meland (General Manager) $810,385 $0 $132,414
Mark A Sherman (Manager Of Operations Engineering) $299,414 $0 $122,735
Michael J Kossan (Manager Of Accounting Finance) $279,516 $0 $109,109
Ryan C Callahan (Chief Transmission Engineer) $198,667 $0 $90,982
Dennis M Olson (Chief Substation Engineer) $194,484 $0 $64,789
Todd T Ahmann (Network Administrator) $183,203 $0 $85,461
Kenneth L Haugen (Operations Superintendent) $180,318 $0 $84,654
Randy Brunner (Substation Engineer) $176,461 $0 $83,534
Jean Brandt (Vice President) $22,400 $0 $0
Mark Brehm (President) $21,600 $0 $0
Arden Fuher (Director) $18,000 $0 $0
Robert Wolf (Secretary Treasurer) $15,600 $0 $0
Troy Presser (Director) $14,000 $0 $0
David Straley (Director) $10,000 $0 $0
David Charles (Director) $9,600 $0 $0
Kim Rasmussen (Director) $1,200 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2024

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

View Filing
XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$181,588,678
Expenses
$164,161,816
Net Income
$17,426,862
Net Assets
$146,999,819
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $165,224,712
91.0%
Investment Income $47,132
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,316,834
9.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $453,069,193
Total Liabilities $306,069,374
Net Assets $146,999,819
Club or Co-Op Income
Income From Members $150,569,023
Income From Other Sources $14,655,689
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Meland (General Manager) $428,238 $0 $156,268
Mark A Sherman (Manager Of Operations Engineering) $284,056 $0 $113,817
Michael J Kossan (Manager Of Accounting Finance) $265,399 $0 $100,709
Ryan C Callahan (Chief Transmission Engineer) $190,754 $0 $84,949
Dennis M Olson (Chief Substation Engineer) $183,549 $0 $81,801
Todd T Ahmann (Network Administrator) $173,795 $0 $79,148
Kenneth L Haugen (Operations Superintendent) $167,613 $0 $79,144
Randy Brunner (Substation Engineer) $163,894 $0 $77,821
Jean Brandt (Vice President) $23,600 $0 $0
Mark Brehm (Secretary Treasurer) $20,800 $0 $0
Arden Fuher (Director) $18,400 $0 $0
Robert Wolf (President) $17,200 $0 $0
Troy Presser (Director) $14,400 $0 $0
David Straley (Director) $13,200 $0 $0
+ View more people

Document Links

990
Filed on April 24, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$167,780,988
Expenses
$160,170,418
Net Income
$7,610,570
Net Assets
$134,197,426
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $163,015,342
97.2%
Investment Income $13,136
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,752,510
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $419,743,548
Total Liabilities $285,546,122
Net Assets $134,197,426
Club or Co-Op Income
Income From Members $148,717,827
Income From Other Sources $14,297,515
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Meland (General Manager) $414,716 $0 $148,366
Mark A Sherman (Manager Of Operations Engineering) $272,225 $0 $106,335
Michael J Kossan (Manager Of Accounting Finance) $253,098 $0 $93,957
Ryan C Callahan (Chief Transmission Engineer) $183,364 $0 $79,965
Dennis M Olson (Chief Substation Engineer) $177,364 $0 $77,033
Kenneth L Haugen (Operations Superintendent) $167,854 $0 $74,682
Todd T Ahmann (Network Administrator) $164,765 $0 $75,493
Richard M Koenig (Lineman Foreman) $163,844 $0 $61,022
Jean Brandt (Director) $20,350 $0 $0
Arden Fuher (Director) $19,850 $0 $0
Mark Brehm (President) $18,950 $0 $0
Sheri Haugen Hoffart (Secretary Treasurer) $17,850 $0 $0
Robert Wolf (Vice President) $15,250 $0 $0
Troy Presser (Director) $14,050 $0 $0
+ View more people

Document Links

990
Filed on April 29, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,507,293
Expenses
$163,296,830
Net Income
$9,210,463
Net Assets
$130,550,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $166,238,384
96.4%
Investment Income $16,571
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,252,338
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $404,760,385
Total Liabilities $274,210,096
Net Assets $130,550,289
Club or Co-Op Income
Income From Members $152,780,162
Income From Other Sources $13,458,222
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Meland (General Manager) $419,528 $0 $102,209
Mark A Sherman (Manager Of Operations & Engineering) $278,872 $0 $95,525
Michael J Kossan (Manager Of Accounting & Finance) $258,162 $0 $83,917
Ryan C Callahan (Chief Transmission Engineer) $182,175 $0 $72,583
Kenneth L Haugen (Operations Superintendent) $180,382 $0 $68,070
Dennis M Olson (Chief Substation Engineer) $175,245 $0 $70,019
Todd T Ahmann (Network Administrator) $169,615 $0 $66,986
Leon J Nieters (Substation Foreman) $155,651 $0 $56,269
Jean Brandt (Director) $16,450 $0 $0
Mark Brehm (President) $14,700 $0 $0
Robert Wolf (Vice President) $14,000 $0 $0
Sheri Haugen Hoffart (Secretary Treasurer) $13,300 $0 $0
Arden Fuher (Director) $11,550 $0 $0
Troy Presser (Director) $9,800 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$178,336,721
Expenses
$170,053,338
Net Income
$8,283,383
Net Assets
$123,892,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $173,153,694
97.1%
Investment Income $21,655
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,161,372
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $390,213,092
Total Liabilities $266,320,332
Net Assets $123,892,760
Club or Co-Op Income
Income From Members $160,536,295
Income From Other Sources $12,617,399
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Meland (General Manager) $384,433 $0 $101,977
Mark A Sherman (Manager Of Operations & Engineering) $256,860 $0 $92,109
Michael J Kossan (Manager Of Accounting & Finance) $223,567 $0 $80,813
Ryan P Callahan (Chief Transmission Engineer) $165,974 $0 $70,258
Dennis M Olson (Chief Substation Engineer) $161,125 $0 $67,562
Todd T Ahmann (Network Administrator) $157,991 $0 $64,758
Kenneth L Haugen (Operations Superintendent) $153,763 $0 $66,214
Charles E Mc Nicholas (Construction Coordinator) $143,920 $0 $51,812
Sheri Haugen Hoffart (President) $29,400 $0 $0
Arden Fuher (Director) $27,300 $0 $0
Jean Brandt (Director) $26,950 $0 $0
Mark Brehm (Vice President) $18,900 $0 $0
Troy Presser (Director) $15,750 $0 $0
Robert Wolf (Secretary Treasurer) $15,400 $0 $0
+ View more people

Document Links

990
Filed on June 22, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$190,442,736
Expenses
$166,386,886
Net Income
$24,055,850
Net Assets
$115,814,774
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $170,385,919
89.5%
Investment Income $18,138
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,038,679
10.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $360,223,995
Total Liabilities $244,409,221
Net Assets $115,814,774
Club or Co-Op Income
Income From Members $0
Income From Other Sources $14,159,217

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$176,414,250
Expenses
$167,934,476
Net Income
$8,479,774
Net Assets
$91,901,018
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,483,646
96.1%
Investment Income $7,047
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,923,557
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $319,229,938
Total Liabilities $227,328,920
Net Assets $91,901,018
Club or Co-Op Income
Income From Members $15,772,115
Income From Other Sources $11,762,489

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,494,462
Expenses
$158,063,336
Net Income
$14,431,126
Net Assets
$83,582,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,030,472
92.2%
Investment Income $16,753
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,447,237
7.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $303,450,074
Total Liabilities $219,867,615
Net Assets $83,582,459
Club or Co-Op Income
Income From Members $15,072,446
Income From Other Sources $8,306,028

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$148,016,700
Expenses
$142,674,150
Net Income
$5,342,550
Net Assets
$69,151,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $143,268,350
96.8%
Investment Income $13,376
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,734,974
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $270,123,118
Total Liabilities $200,971,785
Net Assets $69,151,333
Club or Co-Op Income
Income From Members $139,809
Income From Other Sources $3,458,495

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$149,883,826
Expenses
$143,391,452
Net Income
$6,492,374
Net Assets
$63,808,783
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $144,917,823
96.7%
Investment Income $11,337
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,954,666
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $248,387,732
Total Liabilities $184,578,949
Net Assets $63,808,783
Club or Co-Op Income
Income From Members $141,348,300
Income From Other Sources $3,569,437

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,005,806
Expenses
$117,832,486
Net Income
$5,173,320
Net Assets
$57,350,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $118,328,141
96.2%
Investment Income $8,864
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,668,801
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $207,225,934
Total Liabilities $149,875,424
Net Assets $57,350,510
Club or Co-Op Income
Income From Members $118,160
Income From Other Sources $167,988

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$108,600,451
Expenses
$104,479,000
Net Income
$4,121,451
Net Assets
$52,177,190
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $104,873,411
96.6%
Investment Income $6,771
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,720,269
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $163,124,722
Total Liabilities $110,947,532
Net Assets $52,177,190
Club or Co-Op Income
Income From Members $1,047,237
Income From Other Sources $149,707

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$95,072,581
Expenses
$92,242,504
Net Income
$2,830,077
Net Assets
$48,055,739
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $91,745,706
96.5%
Investment Income $64,594
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,262,281
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $137,824,974
Total Liabilities $89,769,235
Net Assets $48,055,739
Club or Co-Op Income
Income From Members $91,590,925
Income From Other Sources $154,781

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

Byline

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