Dakota Valley Electric Cooperative Inc

Edgeley, ND
Tax-exempt since April 2000
EIN: 45-0454206

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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.

Category: Mutual/Membership Benefit Organizations, Other / Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations (NTEE)

Donations to this organization are not tax deductible.

Details

An independent audit commissioned by this organization for the fiscal year ending Dec. 2023 identified:

Significant deficiency in internal controls

Audit identified a deficiency in internal financial or governance controls that could limit the organization's ability to track and report financial data reliably. The deficiency is less severe than a material weakness but warrants attention from management.

Revenue

$61.1M (2023)

Expenses

$61.1M (2023)

Total Assets

$175M (2023)

Total Liabilities

$94.4M (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

Revenue

$61,076,760

Expenses

$61,076,758

Net Income

Net Assets

$80,272,342

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$60,207,643	98.6%
Investment Income	$842,503	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$26,614	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$751,686	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,753,868	6.1%

Assets/Debt
Total Assets	$174,627,296
Total Liabilities	$94,354,954
Net Assets	$80,272,342

Club or Co-Op Income
Income From Members	$56,741,476
Income From Other Sources	$881,598

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Kinzler (General Manager)	$266,582	$0	$94,072
Kelly Wald (Business Manager)	$157,350	$0	$122,148
Brad Lunneborg (Operations Manager)	$139,320	$0	$32,360
Jon Coleman (Edgeley Line Foreman)	$134,044	$0	$17,264
Brandon Giesler (Manager Of Engineering & It)	$128,463	$0	$49,549
Grant Baker (Gackle Line Foreman)	$122,099	$0	$48,412
Trevor Intveld (Wahpeton Line Foreman)	$121,789	$0	$61,830
Connie Bitz (Secretary)	$26,600	$0	$0
David Paulson (Treasurer)	$17,500	$0	$0
Arden Fuher (President)	$16,800	$0	$0
Patricia Gehlhar (Director)	$15,750	$0	$0
Kim Rasmussen (Director)	$13,650	$0	$0
Bruce Bosse (Director)	$13,650	$0	$0
Jeremy Nitschke (Director)	$12,600	$0	$0
Neil Olerud (Director)	$12,250	$0	$0
Mike Hauschild (Vice President)	$11,550	$0	$0

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990

Filed on July 11, 2024

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

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Audit

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

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This audit found:

Significant deficiency in internal controls

Fiscal Year Ending Dec.
2022

Revenue

$61,778,658

Expenses

$61,778,666

Net Income

-$8

Net Assets

$74,770,107

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,376,192	99.3%
Investment Income	$306,032	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$96,434	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$718,835	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,808,981	6.2%

Assets/Debt
Total Assets	$161,341,737
Total Liabilities	$86,571,630
Net Assets	$74,770,107

Club or Co-Op Income
Income From Members	$57,452,375
Income From Other Sources	$425,383

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Kinzler (General Manager)	$245,630	$0	$106,787
Kelly Wald (Business Manager)	$148,197	$0	$145,377
Jon Coleman (Edgeley Line Foreman)	$144,952	$0	$16,415
Bradley Lunneborg (Operations Manager)	$133,154	$0	$30,403
John Schwalk (Journeyman Lineman)	$128,833	$0	$27,871
Cory Koenig (Journeyman Lineman)	$127,037	$0	$35,766
Grant Baker (Gackle Line Foreman)	$125,617	$0	$60,848
Connie Bitz (Secretary)	$20,650	$0	$0
David Paulson (Treasurer)	$16,800	$0	$0
Patricia Gehlhar (Director)	$15,750	$0	$0
Arden Fuher (President)	$15,050	$0	$0
Kim Rasmussen (Director)	$12,950	$0	$0
Neil Olerud (Director)	$12,250	$0	$0
Mike Hauschild (Vice President)	$10,850	$0	$0
Jeremy Nitschke (Director (Start April))	$6,666	$0	$0
Bruce Bosse (Director (Start April))	$6,650	$0	$0
Richard Johnson (Director (Until March))	$3,150	$0	$0
Blaine Lundgren (Director (Until March))	$2,450	$0	$0

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990

Filed on June 28, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$58,630,686

Expenses

$57,796,992

Net Income

$833,694

Net Assets

$70,320,207

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$736,190	1.3%
Program Services	$57,720,379	98.4%
Investment Income	$130,051	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$44,066	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$680,966	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,485,488	6.0%

Assets/Debt
Total Assets	$148,670,720
Total Liabilities	$78,350,513
Net Assets	$70,320,207

Club or Co-Op Income
Income From Members	$55,892,554
Income From Other Sources	$183,481

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Kinzler (General Manager)	$232,145	$0	$101,776
Kelly Wald (Business Manager)	$139,880	$0	$155,423
Jon Coleman (Edgeley Line Foreman)	$133,766	$0	$14,811
Bradley Lunneborg (Operations Manager)	$127,681	$0	$28,098
Brandon Giesler (Manager Of Engineering/It)	$118,546	$0	$56,792
John Krump (Hankinson Line Foreman)	$116,840	$0	$24,603
Grant Baker (Gackle Line Foreman)	$113,195	$0	$58,468
Connie Bitz (Secretary)	$18,550	$0	$0
Arden Fuher (President)	$15,050	$0	$0
David Paulson (Director)	$14,700	$0	$0
Kim Rasmussen (Vice President)	$12,950	$0	$0
Patricia Gehlhar (Director)	$12,950	$0	$0
Richard Johnson (Treasurer)	$11,900	$0	$0
Blaine Lundgren (Director)	$11,200	$0	$0
Neil Olerud (Director)	$10,850	$0	$0
Mike Hauschild (Director)	$9,100	$0	$0

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990

Filed on June 30, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$56,133,367

Expenses

$56,133,367

Net Income

Net Assets

$67,256,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$55,696,604	99.2%
Investment Income	$379,999	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$56,764	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$629,519	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,559,358	6.3%

Assets/Debt
Total Assets	$149,021,384
Total Liabilities	$81,764,787
Net Assets	$67,256,597

Club or Co-Op Income
Income From Members	$53,628,017
Income From Other Sources	$449,071

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Kinzler (General Manager)	$214,398	$0	$85,198
Kelly Wald (Business Manager)	$131,904	$0	$137,488
Jon Coleman (Edgeley Line Foreman)	$122,962	$0	$103,889
Bradley Lunneborg (Operations Manager)	$119,217	$0	$26,783
Monty Zimmer (Oakes Line Foreman)	$111,912	$0	$95,640
John Krump (Hankinson Line Foreman)	$111,251	$0	$21,244
Grant Baker (Gackle Line Foreman)	$110,534	$0	$50,701
Connie Bitz (Secretary)	$14,525	$0	$0
Blaine Lundgren (Director)	$14,000	$0	$0
Arden Fuher Vp Jan Jun (President (Jun Dec))	$13,300	$0	$0
Kim Rasmussen Director Jan (Jun)/ Vice President (Jun Dec))	$13,300	$0	$0
Neil Olerud (Director)	$10,850	$0	$0
David Paulson (Director)	$10,150	$0	$0
Richard Johnson (Treasurer)	$9,800	$0	$0
Mike Hauschild (Director)	$8,750	$0	$0
Patricia Gehlhar (Director (Jun Dec))	$5,950	$0	$0
Richard Schlosser (President (Jan Jun))	$5,250	$0	$0

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990

Filed on July 29, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$59,508,662

Expenses

$59,508,662

Net Income

Net Assets

$65,517,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$58,898,459	99.0%
Investment Income	$579,850	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,353	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$625,203	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,363,372	5.7%

Assets/Debt
Total Assets	$145,223,766
Total Liabilities	$79,706,692
Net Assets	$65,517,074

Club or Co-Op Income
Income From Members	$56,502,136
Income From Other Sources	$630,566

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Kinzler (General Manager)	$198,660	$0	$70,320
Kelly Wald (Business Manager)	$124,189	$0	$110,741
Jon Coleman (Edgeley Line Foreman)	$118,329	$0	$87,173
John Krump (Hankinson Line Foreman)	$115,474	$0	$20,687
Trevor Intveld (Wahpeton Line Foreman)	$113,541	$0	$57,817
Grant Baker (Gackle Line Foreman)	$108,610	$0	$31,861
Monty Zimmer (Oakes Line Foreman)	$108,001	$0	$81,568
Connie Bitz (Secretary)	$23,100	$0	$0
David Paulson (Director)	$17,150	$0	$0
Richard Schlosser (President)	$16,450	$0	$0
Richard Johnson Director ((Jan Jun)/Treasurer (Jun Dec))	$15,750	$0	$0
Kim Rasmussen (Director)	$15,050	$0	$0
Blaine Lundgren Treasurer ((Jan Jun)/Director (Jun Dec))	$12,803	$0	$0
Mike Hauschild (Director)	$10,850	$0	$0
Arden Fuher (Vice President)	$10,500	$0	$0
Neil Olerud (Director)	$9,800	$0	$0

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990

Filed on Aug. 3, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$62,073,691

Expenses

$62,073,694

Net Income

-$3

Net Assets

$61,882,931

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,643,219	99.3%
Investment Income	$388,247	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$42,353	0.1%
Net Inventory Sales	-$128
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$534,174	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,157,110	5.1%

Assets/Debt
Total Assets	$132,559,894
Total Liabilities	$70,676,963
Net Assets	$61,882,931

Club or Co-Op Income
Income From Members	$55,602,952
Income From Other Sources	$451,249

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Operations Manager)	$123,052	$0	$29,271
Kelly Wald (Business Manager)	$117,129	$0	$106,136
Jon Coleman (Edgeley Line Foreman)	$112,069	$0	$86,829
Monty Zimmer (Oakes Line Foreman)	$106,151	$0	$80,535
John Krump (Hankinson Line Foreman)	$102,020	$0	$18,826
Grant Baker (Gackle Line Foreman)	$101,991	$0	$23,483
Mark Kinzler (General Manager (Aug Dec))	$66,752	$0	$23,447
Connie Bitz (Secretary)	$18,900	$0	$0
Richard Schlosser (President)	$18,200	$0	$0
David Paulson (Director)	$15,750	$0	$0
Neil Olerud (Director)	$14,700	$0	$0
Richard Johnson (Director)	$14,700	$0	$0
Blaine Lundgren (Director(jan May)/Treasurer(jun Dec))	$12,250	$0	$0
Arden Fuher (Vice President)	$11,900	$0	$0
Kim Rasmussen (Director)	$11,900	$0	$0
Mike Hauschild (Director (Jun Dec))	$7,700	$0	$0
John Hauschild (Treasurer (Jan Jun))	$7,000	$0	$0
Bruce Garber (General Manager (Jan Aug))	$0	$349,712	$32,412

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990

Filed on Aug. 29, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$57,543,759

Expenses

$57,537,324

Net Income

$6,435

Net Assets

$53,371,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,198,515	99.4%
Investment Income	$311,578	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$33,960	0.1%
Net Inventory Sales	-$294
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$439,651	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,950,979	5.1%

Assets/Debt
Total Assets	$124,930,928
Total Liabilities	$71,559,175
Net Assets	$53,371,753

Club or Co-Op Income
Income From Members	$54,935,106
Income From Other Sources	$318,059

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Manager Of Operations)	$120,760	$0	$25,982
Kelly Wald (Business Manager)	$108,188	$0	$90,327
Jon Coleman (Line Foreman Edgeley)	$106,648	$0	$78,200
Connie Bitz (Secretary)	$16,700	$0	$0
John Hauschild (Treasurer)	$12,150	$0	$0
David Paulson (Director)	$12,100	$0	$0
Richard Johnson (Director)	$11,600	$0	$0
Kim Rasmussen (Director)	$10,450	$0	$0
Richard Schlosser (President)	$9,400	$0	$0
Arden Fuher (Vice President)	$9,050	$0	$0
Neil Olerud (Director (June Dec))	$7,000	$0	$0
Blaine Lundgren (Director)	$6,250	$0	$0
Matthew Thompson (Director (Jan June))	$0	$0	$0
Bruce Garber (Manager)	$0	$312,375	$22,729

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990

Filed on Aug. 21, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$53,244,575

Expenses

$52,882,495

Net Income

$362,080

Net Assets

$47,297,126

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$52,857,440	99.3%
Investment Income	$244,383	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$142,478	0.3%
Net Inventory Sales	$274	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$385,925	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,995,683	5.7%

Assets/Debt
Total Assets	$116,120,530
Total Liabilities	$68,823,404
Net Assets	$47,297,126

Club or Co-Op Income
Income From Members	$49,394,945
Income From Other Sources	$259,169

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Manager Of Operations)	$108,193	$0	$25,304
Kelly Wald (Business Manager)	$95,033	$0	$68,447
Connie Bitz (Secretary)	$14,850	$0	$0
David Paulson (Director)	$10,450	$0	$0
Richard Schlosser (President)	$9,950	$0	$0
Blaine Lundgren (Director)	$9,700	$0	$0
John Hauschild (Treasurer)	$9,450	$0	$0
Kim Rasmussen (Director)	$9,000	$0	$0
Richard Johnson (Director)	$7,350	$0	$0
Arden Fuher (Vice President)	$7,300	$0	$0
Matthew Thompson (Director)	$1,400	$0	$0
Bruce Garber (Manager)	$0	$249,562	$68,961

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990

Filed on Aug. 7, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$48,047,715

Expenses

$48,577,673

Net Income

-$529,958

Net Assets

$42,359,718

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$47,885,879	99.7%
Investment Income	$164,855	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$18,220
Net Fundraising	$0
Sales of Assets	$15,432	0.0%
Net Inventory Sales	-$231
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$399,402	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,898,545	6.0%

Assets/Debt
Total Assets	$107,820,387
Total Liabilities	$65,460,669
Net Assets	$42,359,718

Club or Co-Op Income
Income From Members	$47,192,467
Income From Other Sources	$174,606

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Manager Of Operations)	$112,260	$0	$24,206
Kelly Wald (Business Manager)	$80,254	$0	$63,512
Connie Bitz (Secretary)	$12,600	$0	$0
David Paulson (Director)	$12,450	$0	$0
Richard Johnson (Director)	$9,950	$0	$0
Kim Rasmussen (Director)	$8,700	$0	$0
John Hauschild (Treasurer)	$8,450	$0	$0
Richard Schlosser (President)	$8,250	$0	$0
Blaine Lundgren (Director)	$7,850	$0	$0
Arden Fuher (Vice President)	$6,450	$0	$0
Matthew Thompson (Director)	$3,394	$0	$0
Bruce Garber (Co Manager(jan Sep)/Manager(oct Dec))	$0	$158,554	$58,204
Darrin Sand (Co Manager (Jan Sept))	$0	$116,832	$51,699

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990

Filed on Aug. 1, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$47,229,455

Expenses

$47,826,964

Net Income

-$597,509

Net Assets

$39,798,158

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$47,090,787	99.7%
Investment Income	$120,596	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$911	0.0%
Net Fundraising	$0
Sales of Assets	$16,132	0.0%
Net Inventory Sales	$1,029	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$413,125	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,777,541	5.8%

Assets/Debt
Total Assets	$103,512,199
Total Liabilities	$63,714,041
Net Assets	$39,798,158

Club or Co-Op Income
Income From Members	$46,098,913
Income From Other Sources	$148,256

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Manager Of Operations)	$107,861	$0	$21,485
Kelly Wald (Business Manager)	$73,435	$0	$48,311
Connie Bitz (Secretary)	$14,175	$0	$0
David Paulson (Director)	$13,050	$0	$0
Richard Johnson (Director)	$11,550	$0	$0
John Hauschild (Treasurer)	$10,550	$0	$0
Kim Rasmussen (Director)	$10,450	$0	$0
Richard Schlosser (President)	$8,400	$0	$0
Arden Fuher (Vice President)	$7,800	$0	$0
Blaine Lundgren (Director)	$7,600	$0	$0
Matthew Thompson (Director)	$3,400	$0	$0
Jay Jacobson (General Manager)	$0	$129,865	$17,297
Bruce Garber (Cfo (Jan Aug)/Co Manager (Aug Dec))	$0	$125,096	$35,913
Darrin Sand (Co Manager (Aug Dec))	$0	$55,326	$20,652

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990

Filed on July 30, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$45,896,166

Expenses

$47,290,389

Net Income

-$1,394,223

Net Assets

$37,167,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$45,748,347	99.7%
Investment Income	$115,357	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,727	0.0%
Net Fundraising	$0
Sales of Assets	$29,704	0.1%
Net Inventory Sales	$31	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$248,700	0.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,724,718	5.8%

Assets/Debt
Total Assets	$96,496,359
Total Liabilities	$59,328,487
Net Assets	$37,167,872

Club or Co-Op Income
Income From Members	$44,802,562
Income From Other Sources	$668,051

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Craig Rysavy (Manager Of Operations)	$102,854	$0	$19,554
Connie Bitz (Secretary)	$9,150	$0	$0
Richard Johnson (Director)	$8,900	$0	$0
Richard Schlosser (President)	$8,030	$0	$0
John Hauschild (Treasurer)	$8,000	$0	$0
Kim Rasmussen (Director)	$7,700	$0	$0
Arden Fuher (Vice President)	$6,600	$0	$0
Blaine Lundgren (Director)	$6,100	$0	$0
Gerald Sundquist (Director (Partial Year))	$5,200	$0	$0
Matthew Thompson (Director)	$3,750	$0	$0
David Paulson (Director (Partial Year))	$3,700	$0	$0
Jay Jacobson (General Manager)	$0	$152,273	$58,320
Bruce Garber (Cfo)	$0	$110,910	$103,997

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990

Filed on July 11, 2014

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$40,441,722

Expenses

$39,955,201

Net Income

$486,521

Net Assets

$34,320,460

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$40,256,683	99.5%
Investment Income	$118,739	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,816	0.0%
Net Fundraising	$0
Sales of Assets	$63,610	0.2%
Net Inventory Sales	-$126
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$226,161	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,603,943	6.5%

Assets/Debt
Total Assets	$85,891,483
Total Liabilities	$51,571,023
Net Assets	$34,320,460

Club or Co-Op Income
Income From Members	$39,141,375
Income From Other Sources	$464,069

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$35,755,308

Expenses

$35,370,283

Net Income

$385,025

Net Assets

$32,656,055

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,581,041	99.5%
Investment Income	$153,935	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,054	0.0%
Net Fundraising	$0
Sales of Assets	$16,987	0.0%
Net Inventory Sales	$1,291	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$217,702	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,597,279	7.3%

Assets/Debt
Total Assets	$81,574,800
Total Liabilities	$48,918,745
Net Assets	$32,656,055

Club or Co-Op Income
Income From Members	$35,318,507
Income From Other Sources	$248,128

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 20, 2024

Dakota Valley Electric Cooperative Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $61.1M (2023)

Expenses $61.1M (2023)

Total Assets $175M (2023)

Total Liabilities $94.4M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

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

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Revenue

$61.1M (2023)

Expenses

$61.1M (2023)

Total Assets

$175M (2023)

Total Liabilities

$94.4M (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