DAKOTA ENERGY COOPERATIVE INC (EIN 460434317) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

CHAD FELDERMAN

Phone

6053528591

Tax Period

2024-01-01 to 2024-12-31

DAKOTA ENERGY COOPERATIVE INC, founded in 1995, is a mid-sized nonprofit that reported $26.9M in total revenue in fiscal year 2018.

Mission

SERVICE FOR YOUR WAY OF LIFE

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $28,128,806

Investment Income $13,299

Other Revenue $173,045

TOTAL REVENUE $28,315,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,863,865

Fundraising Expenses $0

Other Expenses $22,168,633

TOTAL EXPENSES $26,587,804

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,315,150	$27,659,641	+0.0%
Expenses	$26,587,804	$25,334,957	+0.0%
Net Income	$1,727,346	$2,324,684	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$326,838

Total Directors

$93,530

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD FELDERMAN	GENERAL MANA	40.00	Officer	$164,778	$117,032	$281,810
MATT ZOMER	MANAGER OF O	40.00	Highest	$112,372	$141,991	$254,363
JODENE DECKER	MANAGER OF H	40.00	Highest	$107,639	$90,082	$197,721
BRANDON MOORE	JOURNEYMAN	40.00	Highest	$102,371	$79,264	$181,635
DARRELL RASCKE	PRESIDENT	9.90	Officer Director	$14,507	$0	$14,507
NICK NEMEC	VICE PRESIDE	7.50	Officer Director	$13,707	$0	$13,707
BRIAN BAUM	DIRECTOR	2.30	Director	$10,907	$0	$10,907
DOUG SCHAEFERS	DIRECTOR	1.60	Director	$10,307	$0	$10,307
BRIAN BONEBRIGHT	TREASURER	3.80	Officer Director	$9,507	$0	$9,507
TOMMY BARUTH	SECRETARY	1.90	Officer Director	$7,307	$0	$7,307
DANIEL LANGBEHN	DIRECTOR	1.60	Director	$7,011	$0	$7,011
JD WANGSNESS	DIRECTOR	1.60	Director	$5,011	$0	$5,011
CHAD DEARBORN	DIRECTOR	4.20	Director	$4,297	$0	$4,297
CHASE BINGER	DIRECTOR	5.30	Director	$3,697	$0	$3,697
JOANN MORFORD	DIRECTOR	1.30	Director	$3,650	$0	$3,650
TODD BUSHONG	DIRECTOR	1.40	Director	$3,622	$0	$3,622

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	$28,315,150	$26,587,804	$64,983,574	$1,727,346
2023	$27,659,641	$25,334,957	$62,870,380	$2,324,684
2022	$25,787,850	$24,205,129	$60,692,155	$1,582,721
2021	$26,541,158	$25,623,330	$57,340,254	$917,828
2020	$24,199,442	$22,872,193	$54,873,317	$1,327,249
2019	$24,818,294	$23,413,449	$52,881,600	$1,404,845
2018	$26,940,536	$26,940,536	$50,317,903	No data

DAKOTA ENERGY COOPERATIVE INC