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Nodak Electric Cooperative Inc

  • Grand Forks, ND
  • Tax-exempt since Nov. 1942
  • EIN: 45-0172533

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
$145M (2022)

Expenses
$142M (2022)

Total Assets
$168M (2022)

Total Liabilities
$99.5M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,951,964
Expenses
$141,889,868
Net Income
$3,062,096
Net Assets
$68,329,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $142,542,213
98.3%
Investment Income $232,065
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $31,335
0.0%
Other Revenue $2,146,351
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $167,870,496
Total Liabilities $99,541,317
Net Assets $68,329,179
Club or Co-Op Income
Income From Members $142,542,212
Income From Other Sources $2,371,787
Compensation
Key Employees and Officers Compensation Related Other
Mylo Einarson (President/Ceo) $289,228 $0 $72,463
Steve Breidenbach (Engineering Manager) $175,777 $0 $65,341
Dan Schaefer (Line Superintendant) $147,669 $0 $57,013
Tom Edwards (Accounting And Finance Manager) $146,826 $0 $67,366
Blaine Rekken (Customer And Energy Services Manager) $140,095 $0 $66,284
David Brag (Secretary Treasurer) $19,350 $0 $0
Luther Meberg (Director) $18,300 $0 $0
David Hagert (Director) $15,900 $0 $0
Steve Smaaladen (Chairman) $14,250 $0 $0
Cheryl Osowski (Director) $14,250 $0 $0
Pete Naastad (Director) $14,150 $0 $0
Ryan Benson (Director) $14,100 $0 $0
Les Windjue (Director) $12,600 $0 $0
David Kent (Vice Chairman) $12,000 $0 $0
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Document Links

990
Filed on May 9, 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
$119,843,322
Expenses
$111,750,756
Net Income
$8,092,566
Net Assets
$65,045,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,518,414
1.3%
Program Services $113,757,498
94.9%
Investment Income $75,800
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $9,887
0.0%
Other Revenue $4,481,723
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $162,149,817
Total Liabilities $97,104,082
Net Assets $65,045,735
Club or Co-Op Income
Income From Members $113,757,498
Income From Other Sources $6,085,824
Compensation
Key Employees and Officers Compensation Related Other
Mylo Einarson (President/Ceo) $272,680 $0 $64,480
Steve Breidenbach (Engineering Manager) $169,551 $0 $60,735
Dan Schaefer (Line Superintendant) $145,766 $0 $53,144
Tom Edwards (Accounting And Finance Manager) $136,755 $0 $61,849
Blaine Rekken (Customer And Energy Services Manager) $135,801 $0 $61,986
Luther Meberg (Director) $17,700 $0 $0
David Brag (Secretary Treasurer) $16,350 $0 $0
Steve Smaaladen (Chairman) $13,350 $0 $0
David Kent (Vice Chairman) $13,200 $0 $0
Cheryl Osowski (Director) $13,200 $0 $0
Pete Naastad (Director) $12,900 $0 $0
David Hagert (Director) $12,550 $0 $0
Les Windjue (Director) $11,700 $0 $0
Ryan Benson (Director) $8,900 $0 $0
Paul Sigurdson (Director) $4,300 $0 $0
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Document Links

990
Filed on April 26, 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
$104,223,078
Expenses
$101,294,173
Net Income
$2,928,905
Net Assets
$56,753,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $102,119,329
98.0%
Investment Income $226,854
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $18,474
0.0%
Other Revenue $1,858,421
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $144,864,960
Total Liabilities $88,111,799
Net Assets $56,753,161
Club or Co-Op Income
Income From Members $102,119,330
Income From Other Sources $440,568
Compensation
Key Employees and Officers Compensation Related Other
Mylo Einarson (President/Ceo) $263,717 $0 $57,653
Steve Breidenbach (Engineering Manager) $160,820 $0 $63,121
Dan Schaefer (Line Superintendant) $137,425 $0 $49,856
Tom Edwards (Accounting And Finance Manager) $135,948 $0 $58,238
Blaine Rekken (Customer And Energy Services Manager) $132,506 $0 $58,467
Luther Meberg (Director) $16,800 $0 $0
David Brag (Secretary Treasurer) $15,300 $0 $0
Steve Smaaladen (Chairman) $14,769 $0 $0
David Hagert (Director) $13,500 $0 $0
David Kent (Vice Chairman) $13,450 $0 $0
Cheryl Osowski (Director) $13,350 $0 $0
Paul Sigurdson (Director) $13,200 $0 $0
Pete Naastad (Director) $13,200 $0 $0
Les Windjue (Director) $12,300 $0 $0
+ View more people

Document Links

990
Filed on March 4, 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
$106,291,763
Expenses
$104,981,269
Net Income
$1,310,494
Net Assets
$53,650,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $105,719,568
99.5%
Investment Income $419,082
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$21,434
Other Revenue $174,547
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $135,198,287
Total Liabilities $81,547,712
Net Assets $53,650,575
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

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
$103,817,758
Expenses
$102,590,523
Net Income
$1,227,235
Net Assets
$50,249,709
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $103,044,861
99.3%
Investment Income $517,865
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$4,401
Other Revenue $259,433
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $127,677,255
Total Liabilities $77,427,546
Net Assets $50,249,709
Club or Co-Op Income
Income From Members $103,817,758
Income From Other Sources $0

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
$96,370,248
Expenses
$95,556,886
Net Income
$813,362
Net Assets
$48,913,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,581,108
99.2%
Investment Income $484,371
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$12,115
Other Revenue $316,884
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $126,568,532
Total Liabilities $77,654,826
Net Assets $48,913,706
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

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
$95,943,079
Expenses
$93,086,185
Net Income
$2,856,894
Net Assets
$49,704,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,277,243
99.3%
Investment Income $474,643
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$10,116
Other Revenue $201,309
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $120,706,242
Total Liabilities $71,001,534
Net Assets $49,704,708
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

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
$94,355,363
Expenses
$92,590,237
Net Income
$1,765,126
Net Assets
$47,566,099
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $93,698,697
99.3%
Investment Income $324,748
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,729
0.0%
Other Revenue $328,189
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $118,690,038
Total Liabilities $71,123,939
Net Assets $47,566,099
Club or Co-Op Income
Income From Members $93,698,697
Income From Other Sources $656,666

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
$92,526,842
Expenses
$90,208,336
Net Income
$2,318,506
Net Assets
$45,800,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $91,865,571
99.3%
Investment Income $258,104
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,993
0.0%
Other Revenue $401,174
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $117,801,382
Total Liabilities $72,000,409
Net Assets $45,800,973
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

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
$84,917,717
Expenses
$82,361,715
Net Income
$2,556,002
Net Assets
$43,574,781
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $84,069,756
99.0%
Investment Income $7,835
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$9,018
Other Revenue $849,144
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $109,651,569
Total Liabilities $66,076,788
Net Assets $43,574,781
Club or Co-Op Income
Income From Members $84,069,756
Income From Other Sources $847,961

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
$77,289,390
Expenses
$77,577,500
Net Income
-$288,110
Net Assets
$41,018,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $76,887,035
99.5%
Investment Income $14,869
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$13,643
Other Revenue $401,129
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $103,926,363
Total Liabilities $62,907,584
Net Assets $41,018,779
Club or Co-Op Income
Income From Members $76,887,035
Income From Other Sources $402,355

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.
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

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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