LIGNITE ENERGY COUNCIL

EIN: 450321174

BISMARCK, ND

Total Revenue
$5,583,322
Total Expenses
$5,596,451
Total Assets
$4,164,440
Net Assets
$3,950,526
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
ND
Principal Officer
JONATHAN FORTNER
Phone
7012587117
Tax Period
2024-01-01 to 2024-12-31

LIGNITE ENERGY COUNCIL, founded in 1974, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2024.

Mission

PROMOTE THE USE AND ENHANCE THE DEVELOPMENT OF OUR REGION'S ABUNDANT LIGNITE RESOURCES. THE COUNCIL AND ITS MEMBERS SEEK THE SAFE USE OF LOW-COST, RELIABLE AND ENVIRONMENTALLY-RESPONSIBLE ENERGY TO PROMOTE ECONCOMIC GROWTH IN THIS REGION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,492,355
Investment Income $90,967
Other Revenue $0
TOTAL REVENUE $5,583,322

Expense Breakdown

Grants Paid $5,750
Salaries & Benefits $1,775,194
Fundraising Expenses $0
Other Expenses $3,815,507
TOTAL EXPENSES $5,596,451

Year-over-Year Comparison

2024 2023 Change
Revenue $5,583,322 $5,232,846 +0.1%
Expenses $5,596,451 $5,657,258 0.0%
Net Income $-13,129 $-424,412 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
10
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
8
$934,014
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN WALTHER DIRECTOR 0.50
Director
$0 $0 $0
CHARLIE GORECKI DIRECTOR 0.50
Director
$0 $0 $0
CHRIS FRIEZ DIRECTOR 0.50
Director
$0 $0 $0
DALE JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
JAY KOST DIRECTOR 0.50
Director
$0 $0 $0
JEFF HAMMES DIRECTOR 0.50
Director
$0 $0 $0
KAI XIA DIRECTOR 0.50
Director
$0 $0 $0
MAC MCLENNAN CHAIRMAN 0.50
Officer Director
$0 $0 $0
MIKE HEGER DIRECTOR 0.50
Director
$0 $0 $0
TIM ROGELSTAD DIRECTOR 0.50
Director
$0 $0 $0
TROY TWEETEN DIRECTOR 0.50
Director
$0 $0 $0
TWYLAH BLOTSKY DIRECTOR 0.50
Director
$0 $0 $0
WADE MANN SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
STACEY TSCHIDER DIRECTOR 0.50
Director
$0 $0 $0
TODD BRICKHOUSE CHAIRMAN ELECT 0.50
Officer Director
$0 $0 $0
JULIE PIERCE DIRECTOR 0.50
Director
$0 $0 $0
RYAN RAYDA DIRECTOR 0.50
Director
$0 $0 $0
ADAM VAN DOORNE DIRECTOR 0.50
Director
$0 $0 $0
PERRIE SCHAFER DIRECTOR 0.50
Director
$0 $0 $0
DONN STEFFEN DIRECTOR 0.50
Director
$0 $0 $0
GARRET SENGER PAST CHAIRMAN 0.50
Officer Director
$0 $0 $0
MARK PETERSON DIRECTOR 0.50
Director
$0 $0 $0
DAVID ALLARD DIRECTOR OF ADMINISTRATIO 40.00
Officer
$17,871 $8,946 $26,817
JASON BOHRER PRESIDENT/CEO 40.00
Officer
$311,795 $79,933 $391,728
RACHELLE ANDERSON OFFICE, FINANCE, AND BENEF 40.00
Officer
$95,759 $42,230 $137,989
MICHAEL J HOLMES VP OF R&D 40.00
Officer
$300,769 $76,711 $377,480
JONATHAN FORTNER VP OF GOVERNMENT RELATIONS 40.00
Highest
$165,662 $53,890 $219,552
KAY LACOE VICE PRESIDENT OF MARKETIN 40.00
Highest
$111,881 $47,453 $159,334
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 $5,583,322 $5,596,451 $4,164,440 $-13,129
2023 $5,232,846 $5,657,258 $4,463,114 $-424,412
2022 $4,393,581 $4,261,139 $4,963,760 $132,442
2021 $4,452,905 $4,270,366 $4,866,875 $182,539
2020 $3,801,816 $3,862,665 $5,637,210 $-60,849
2019 $3,736,316 $4,086,702 $5,502,749 $-350,386
2018 $3,966,617 $4,026,766 $5,063,441 $-60,149
Explore More Nonprofits
Top 100 Nonprofits in North Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIGNITE ENERGY COUNCIL with other nonprofits in North Dakota and across the country.