MOR GRAN SOU ELECTRIC

EIN: 450217935

FLASHER, ND

Total Revenue
$24,500,878
Total Expenses
$24,500,878
Total Assets
$111,808,335
Net Assets
$46,865,033
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
ND
Principal Officer
ALEX CRAIGMILE
Phone
7015973301
Tax Period
2024-01-01 to 2024-12-31

MOR GRAN SOU ELECTRIC, founded in 1940, is a mid-sized nonprofit that reported $24.5M in total revenue in fiscal year 2024.

Mission

PROVIDE ELECTRIC UTILITY SERVICE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $22,928,239
Investment Income $481,113
Other Revenue $1,091,526
TOTAL REVENUE $24,500,878

Expense Breakdown

Grants Paid $10,260
Salaries & Benefits $670,976
Fundraising Expenses $0
Other Expenses $21,683,233
TOTAL EXPENSES $24,500,878

Year-over-Year Comparison

2024 2023 Change
Revenue $24,500,878 $24,260,085 +0.0%
Expenses $24,500,878 $24,260,085 +0.0%
Net Income $0 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
23
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$41,300
Total Directors
9
$84,925
Key Employees
1
$259,190
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE TOMAC CHAIRMAN 7.65
Officer Director
$13,475 $0 $13,475
CHAD HARRISON VICE CHAIR 4.79
Officer Director
$10,325 $0 $10,325
PAM GEIGER SECRETARY-TREASURER 4.13
Officer Director
$7,875 $0 $7,875
MARK DOLL DIRECTOR 2.92
Director
$8,575 $0 $8,575
RODNEY FROELICH DIRECTOR 2.10
Director
$7,350 $0 $7,350
ROBERT LEINGANG DIRECTOR 5.63
Director
$10,550 $0 $10,550
RYAN PETRICK DIRECTOR 1.33
Director
$8,225 $0 $8,225
KATHY TOKACH DIRECTOR 6.21
Director
$8,925 $0 $8,925
CASEY WELLS DIRECTOR 5.58
Officer Director
$9,625 $0 $9,625
JASON BENTZ IEA EMPLOYEE CO-MANAGER 0.00
Officer
$0 $0 $0
TRAVIS KUPPER IEA EMPLOYEE CO-MANAGER 0.00
Officer
$0 $0 $0
ALEX CRAIGMILEIEA EMPLOYEE CFO 0.00
Officer
$0 $0 $0
GARY FITTERER LEADMAN 40.00
Key Emp
$157,751 $101,439 $259,190
JASON HELGESON SENIOR ENGINEERING TECHNIC 40.00
Highest
$135,181 $102,724 $237,905
JULIE ARMIJO MEMBER SERVICES MANAGER 40.00
Highest
$114,059 $95,527 $209,586
JESSE KUHN ENGINEERING TECHNICIAN 40.00
Highest
$130,553 $87,851 $218,404
JASON JAHNER LEADMAN 40.00
Highest
$135,613 $76,900 $212,513
CODY MAHER AREA FORMAN 40.00
Highest
$130,364 $64,285 $194,649
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $24,500,878 $24,500,878 $111,808,335 No data
2023 $24,260,085 $24,260,085 $111,760,031 No data
2022 $25,058,468 $25,058,468 $100,196,980 No data
2021 $23,052,537 $23,052,537 $92,689,960 No data
2020 $22,849,346 $22,849,346 $90,375,585 No data
2019 $22,959,983 $22,959,983 $89,450,839 No data
2018 $22,573,718 $22,573,718 $90,332,677 No data
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