Mountrail-Williams Electric Cooperative Inc

Organization Overview

Mountrail-Williams Electric Cooperative Inc is located in Williston, ND. The organization was established in 1949. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Mountrail-Williams Electric Cooperative Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountrail-Williams Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Mountrail-Williams Electric Cooperative Inc generated $319.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $319.4m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MEET THE CHANGING NEEDS OF MEMBERS, PROVIDE EXCELLENT ELECTRIC SERVICE & IMPROVE THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 8,174 MEMBERS SERVICING 21,055 METERS AND 5,396 MILES OF LINE.


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Board, Officers & Key Employees

Name (title)Compensation
Dale L Haugen
General Manager
$1,012,927
Jay P Lux
CFO
$216,566
Alexios Vournas
COO
$207,096
Jerry Rehak
Special Projects Manager
$187,200
Chris Brostuen
Key Accounts Manager
$183,634
Leah Jonson Ellis
In-House Legal Counsel
$179,654

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anderson & Wood Construction
Electric Substation & Transmission Const
$8,941,093
J Grubl Excavating
Electric Distribution Construction
$6,015,671
Keller Construction Llc
Electric Distribution Construction
$2,452,755
Jrg Power Llc
Electric Distribution Construction
$973,199
Hdr Engineering Inc
Electrical Engineering
$1,795,672
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$319,287,161
Investment income $169,548
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $214,280
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$79,555
Miscellaneous Revenue$0
Total Revenue $319,591,434

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