Mandan, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)North Dakota Association of Rural Electric Cooperatives, founded in 1958, is a community nonprofit that reported $6.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.
Our mission is to provide member cooperatives a complete package of quality services in communications, government relations, education, safety training, professional and economic development.
Publications and Graphic Arts Services:PUBLICATIONS- Published 12 monthly North Dakota Living magazines, including 1,392 unique local pages for 16 electric cooperatives to communicate with their...
Publications and Graphic Arts Services:PUBLICATIONS- Published 12 monthly North Dakota Living magazines, including 1,392 unique local pages for 16 electric cooperatives to communicate with their members. - Welcomed a publications intern, Kennedy DeLap.- Increased 2024 advertising sales revenue over 2023, generating approximately $668,000.- In the most competitive year of the Spotlight on Excellence Awards, which drew more than 800 entries, North Dakota Living took home the top award in two at-large categories, Best News Story and Best Feature Story.- Designed numerous brochures, reports, logos, signs, graphics and other projects for member-cooperatives and statewide service areas.- Provided professional photography services for the magazine, co-op meetings, events and members, including headshots and studio photography.- Procured contracts to sell advertising placements and produce special publications, which reduce the cost of delivering North Dakota Living to electric co-op members. New this year was the Bottineau-Lake Metigoshe Area Guide, plus the NDAREC/BAND Member Directory, N.D. Travel Guide, N.D. Hunting and Fishing Guide, Big Iron Guide and the Bismarck-Mandan Convention and Visitors Bureau Guide.- Provided education and information through print and online media, including the e-magazine and ndliving.com, covering a variety of state, local, national and industry issues, safety and cooperative topics important to membership.- Represented electric co-ops at trade shows.NORTH DAKOTA LIVING STUDY COMMITTEE- Accomplished the top objective under Goal 1 of the NDAREC Board Strategic Plan to convene a task force to evaluate the magazine.- Completed and disseminated final report on the North Dakota Living Study Committee.- Presented recommendations and findings to the NDAREC board of directors and membership at the annual meeting.READERSHIP SURVEY- Conducted a readership survey of North Dakota Living, which revealed about 85% of members read the magazine. Members recall receiving news and information from and about their electric co-op most often through North Dakota Living, and the magazine is their preferred method for co-op communications.
Safety Training Services:APPRENTICESHIP- Administered apprenticeship and instructional programs to develop the workforce in the trades of lineworker, meter technician and substation technician.-...
Safety Training Services:APPRENTICESHIP- Administered apprenticeship and instructional programs to develop the workforce in the trades of lineworker, meter technician and substation technician.- Received approval from the U.S. Department of Labor to add a substation technician and relay technician apprenticeship program. These programs will support the growth and complexity of maintaining a skilled workforce.- Administered scholarship dollars to eligible apprentices and supported veterans in receiving GI Bill benefits.TRAINING- Provided safety meetings for North Dakota and Montana members at 296 locations, reaching 3,053 employees.- Coordinated the 60th annual Apprenticeship, Training and Safety Conference, which attracted 297 attendees. Awards from six categories were presented to cooperatives and individuals.- Provided specialized training in hotline work, tree trimming and grounding/bonding to 468 participants.- Conducted dielectric truck testing on 150 trucks at 29 locations for members in North Dakota and Montana.- Obtained certification to host digger derrick and crane operator certification at central (Mandan) and western (Williston) locations.- Delivered NDAREC's first underground school.SAFETY/LOSS CONTROL- Monitored restoration efforts of electric cooperatives impacted by North Dakota wildfires and Hurricanes Helene and Milton.- Facilitated a disaster preparedness discussion with cooperative staff in core service areas, including general managers, finance managers, member services representatives and line superintendents.- Influenced a cooperative culture of safety through the Rural Electric Safety Achievement Program (RESAP). All North Dakota distribution cooperatives and Minnkota Power Cooperative participate in the RESAP program.- Conducted RESAP on-site observations for six cooperatives.- Represented North Dakota's electric cooperatives on the Certified Loss Control Professional Commission.- Engaged in the redesign of the leadership commitment portion of RESAP. Several North Dakota cooperatives are represented in the CEO self-reflection and orientation videos.
Government Relations & Communication Services:GOVERNMENT RELATIONS- Engaged member-cooperatives, congressional members and the National Rural Electric Cooperative Association (NRECA) to promote...
Government Relations & Communication Services:GOVERNMENT RELATIONS- Engaged member-cooperatives, congressional members and the National Rural Electric Cooperative Association (NRECA) to promote achievable and sensible public policies related to energy, electricity and the environment.- Worked with member-cooperatives to coordinate educational and relationship-building opportunities with local legislators.- Facilitated North Dakota's participation in NRECA's Legislative Conference and the fall fly-in in Washington, D.C.- Represented North Dakota's electric cooperatives on "Keep It Local," a statewide coalition against an initiated ballot measure which sought to abolish property tax in North Dakota.- Coordinated Rural Electric Political Action Committee (REPAC) meetings and provided support to statewide and legislative candidates who support electric cooperative issues.COMMUNICATIONS- Emphasized key themes on social media, including energy efficiency, cooperative philosophy, the electric cooperative network and community building. Key posts included opposition to Measure 4, job openings, employee highlights, events, awards and workforce training programs. Posts also promoted smart thermostats, energy-saving technologies and highlighted Co-op Month in October.- Produced additional communications, including the Cooperative Power pamphlet, the bimonthly Know What's Happening e-newsletter, the NDAREC Annual Review, and a statewide brochure and values statement, initiatives established through the NDAREC board's strategic planning process.- Created videos for rural development, education, safety and government relations.- Developed special school materials, presentations, a rural development brochure, annual meeting materials, educational brochures and materials for the ND REC Benefit Trust.- Sponsored a one-day software training course for co-op communicators focusing on Touchstone Energy Cooperative's SHiNE platform.- Worked with the media to promote issues important to electric cooperatives and their members, appearing in more than 45 news stories and interviews.- Earned a gold Spotlight on Excellence Award in the Best Wild Card category for the Cooperative Center corridor displays, which showcase the rich history of North Dakota's electric cooperatives.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,096,674 | $5,508,370 | +0.1% |
| Expenses | $6,498,521 | $5,347,774 | +0.2% |
| Net Income | $-401,847 | $160,596 | -3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Angela Carlson | President | 3.00 |
Officer
Director
|
$12,075 | $0 | $12,075 |
| Randy Simon | Vice President | 2.00 |
Officer
Director
|
$1,050 | $0 | $1,050 |
| Connie Bitz | Secretary | 2.00 |
Officer
Director
|
$1,225 | $0 | $1,225 |
| Maxine Rognlien | Treasurer | 3.00 |
Officer
Director
|
$1,050 | $0 | $1,050 |
| Lynn Jacobson | Director | 5.00 |
Director
|
$1,750 | $0 | $1,750 |
| Deon Vilhauer | Director | 3.00 |
Director
|
$700 | $0 | $700 |
| Tom Seymour | Director | 2.00 |
Director
|
$700 | $0 | $700 |
| Michele Schommer | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Carmen Essig | Director | 2.50 |
Director
|
$0 | $0 | $0 |
| Ken Sanford | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rod Stockdill | Director | 2.50 |
Director
|
$0 | $0 | $0 |
| Robert Grant | Director | 1.00 |
Director
|
$2,100 | $0 | $2,100 |
| Chad Harrison | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Brag | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lori Kittleson | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| Arnold Kainz | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Troy Presser | Director | 1.25 |
Director
|
$0 | $0 | $0 |
| Jean Brandt | Director | 1.00 |
Director
|
$700 | $0 | $700 |
| Les Windjue | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| David Sigloh | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Dennis Schmierer | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Wade Harpestad | Director - Alternate (Nov) | 1.00 |
Director
|
$0 | $0 | $0 |
| Roger Kudrna | Director - Alternate (Jul) | 0.50 |
Director
|
$0 | $0 | $0 |
| David Charles | Director - Alternate (Apr) | 0.10 |
Director
|
$0 | $0 | $0 |
| Kalvin Hoff | Director - Alternate (Jul) | 0.10 |
Director
|
$0 | $0 | $0 |
| Josh Kramer | Executive VP & General Mgr | 43.00 |
Officer
|
$245,915 | $67,623 | $313,538 |
| Brenna Ohman | Finance Director | 41.60 |
Officer
|
$142,109 | $14,169 | $156,278 |
| Zac Smith | Communic & Gov Rel/General Counsel | 42.60 |
Highest
|
$177,698 | $21,338 | $199,036 |
| Christina Roemmich | Safety Services Director | 40.90 |
Highest
|
$123,507 | $35,286 | $158,793 |
| Pamela Clark-Stein | Education & Member Serv Director | 43.20 |
Highest
|
$110,478 | $24,082 | $134,560 |
| Cally Peterson | Editor | 44.90 |
Highest
|
$107,798 | $42,179 | $149,977 |
| Tavi Leier | HR Manager/Benefits Coordinator | 41.00 |
Highest
|
$107,916 | $17,872 | $125,788 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $6,096,674 | $6,498,521 | $14,522,805 | $-401,847 |
| 2023 | $5,508,370 | $5,347,774 | $14,878,389 | $160,596 |
| 2022 | $8,787,226 | $4,553,910 | $14,788,040 | $4,233,316 |
| 2021 | $4,395,007 | $3,796,121 | $8,007,431 | $598,886 |
| 2020 | $3,803,529 | $3,763,046 | $4,233,843 | $40,483 |
| 2019 | $3,847,251 | $3,887,424 | $3,259,269 | $-40,173 |
| 2018 | $3,853,708 | $3,801,859 | $3,912,050 | $51,849 |
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