Edgeley, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Dakota Valley Electric Cooperative Inc, founded in 2000, is a mid-sized nonprofit in the Mutual Benefit sector that reported $61.0M in total revenue in fiscal year 2024.
Dakota Valley Electric Cooperative will deliver dependable electric power and energy at fair and reasonable prices; Dakota Valley Electric Cooperative will deliver an extended range of convenient customer support services, complimentary to our core electric and energy business; and Dakota Valley Electric Cooperative will provide technical assistance, financial tools and human resources that foster community development.
The Organization delivers electric energy to its members in rural areas. During 2024 there was 4,188 members and 6,989 service locations in place.The system currently has 4,600.52 miles of line.
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 | $61,008,372 | $61,076,760 | 0.0% |
| Expenses | $62,208,372 | $61,076,758 | +0.0% |
| Net Income | $-1,200,000 | $2 | -600001.0% |
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 |
|---|---|---|---|---|---|---|
| Kim Rasmussen | President | 6.00 |
Officer
Director
|
$17,150 | $0 | $17,150 |
| Patricia Gehlhar | Vice President | 5.00 |
Officer
Director
|
$15,150 | $0 | $15,150 |
| Connie Bitz | Secretary | 3.00 |
Officer
Director
|
$14,550 | $0 | $14,550 |
| Bruce Bosse | Treasurer | 2.00 |
Officer
Director
|
$10,050 | $0 | $10,050 |
| Mike Hauschild | Vice President (Until 6/24) | 2.00 |
Officer
Director
|
$4,200 | $0 | $4,200 |
| Arden Fuher | Director | 8.00 |
Director
|
$11,900 | $0 | $11,900 |
| Paul Dimmer | Director (As of Jun 24) | 2.00 |
Director
|
$8,750 | $0 | $8,750 |
| Jeremy Nitschke | Director | 2.00 |
Director
|
$8,200 | $0 | $8,200 |
| Neil Olerud | Director | 4.00 |
Director
|
$15,050 | $0 | $15,050 |
| David Paulson | Director | 4.50 |
Director
|
$13,500 | $0 | $13,500 |
| Mark Kinzler | General Manager | 43.30 |
Officer
|
$278,125 | $104,332 | $382,457 |
| Kelly Wald | Business Manager | 42.80 |
Officer
|
$167,132 | $128,752 | $295,884 |
| Kristin Syverson | Business Manager (As of 10/24) | 42.70 |
Officer
|
$40,142 | $155 | $40,297 |
| Bradley Lunneborg | Operations Manager | 42.50 |
Highest
|
$152,154 | $32,958 | $185,112 |
| Brandon Giesler | Manager of Engineering & IT | 41.90 |
Highest
|
$138,372 | $49,456 | $187,828 |
| Jon Coleman | Edgeley Line Foreman | 46.90 |
Highest
|
$150,709 | $17,961 | $168,670 |
| Monty Zimmer | Oakes Line Foreman | 44.80 |
Highest
|
$139,465 | $34,099 | $173,564 |
| Trevor Intveld | Wahpeton Line Foreman | 44.60 |
Highest
|
$137,638 | $64,820 | $202,458 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $61,008,372 | $62,208,372 | $179,717,023 | $-1,200,000 |
| 2023 | $61,076,760 | $61,076,758 | $174,627,296 | $2 |
| 2022 | $61,778,658 | $61,778,666 | $161,341,737 | $-8 |
| 2021 | $58,630,686 | $57,796,992 | $148,670,720 | $833,694 |
| 2020 | $56,133,367 | $56,133,367 | $149,021,384 | No data |
| 2019 | $59,508,662 | $59,508,662 | $145,223,766 | No data |
| 2018 | $62,073,691 | $62,073,694 | $132,559,894 | $-3 |
Compare Dakota Valley Electric Cooperative Inc with other nonprofits in North Dakota and across the country.