Lignite Energy Council
- Assets
- $4.9m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Bismarck, ND
- Founding
- 10/1974
- Data as of
- 12/2021
- EIN
- 45-0321174
Organization Overview
Lignite Energy Council is located in Bismarck, ND. The organization was established in 1974. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Lignite Energy Council employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lignite Energy Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Lignite Energy Council generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 0.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & PUBLIC RELATIONS PROGRAM TO KEEP THE PUBLIC AWARE OF AND EDUCATED AS TO THE RECLAMATION, MINING, AND ENERGY CONVERSION PROCESS OF LIGNITE RESOURCES, INCLUDING TEACHERS' SEMINARS AND COLLEGE PROFESSORS SEMINARS.
RESEARCH AND DEVELOPMENT PROGRAM THAT PROMOTES ECONOMIC, EFFICIENT, AND CLEAN USES OF LIGNITE AND LIGNITE BY-PRODUCTS. ENTERED INTO A CONTRACT WITH ENERGY & ENVIRONMENTAL RESEARCH CENTER AT THE UNIVERSITY OF NORTH DAKOTA TO PROVIDE A RESEARCH STUDY ON SUPER CRITICAL CO2.
MEETING AND REGISTRATIONS FOR SPECIAL MEETINGS RELATED TO LIGNITE INDUSTRY, INCLUDING SEMINARS AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Bohrer President/ceo | Officer | 40 | $277,663 |
Michael J Holmes VP Of R&d | 40 | $262,318 | |
Jonathan Fortner Director Of Government Rel | 40 | $132,270 | |
David Allard Director Of Administratio | 40 | $103,684 | |
Steve Van Dyke Vice President Of Communications | 40 | $103,470 | |
Marie Hoerner Director Of Finance & Bene | Officer | 40 | $91,094 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jackson Walker Llp Public Affairs | 12/30/18 | $119,269 |
One Minnesota Government Affairs Llc Public Affairs | 12/30/18 | $150,000 |
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 | $4,411,474 |
| Investment income | $10,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,452,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,319,615 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $213,931 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $37,438 |
| Other employee benefits | $124,958 |
| Payroll taxes | $74,528 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $435,066 |
| Office expenses | $253,587 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,975 |
| Travel | $43,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $235,931 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,082 |
| Insurance | $0 |
| All other expenses | $204,516 |
| Total functional expenses | $4,270,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,905,813 |
| Savings and temporary cash investments | $245,000 |
| Pledges and grants receivable | $1,590,440 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,454 |
| Net Land, buildings, and equipment | $574,999 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $499,169 |
| Total assets | $4,866,875 |
| Accounts payable and accrued expenses | $190,856 |
| Grants payable | $0 |
| Deferred revenue | $291,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $482,256 |
| Net assets without donor restrictions | $4,272,304 |
| Net assets with donor restrictions | $112,315 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,866,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Saint Paul Rivercentre Convention And Visitors Authority St Paul, MN | $10,775,339 | $12,198,491 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
Aca International Eagan, MN | $12,262,505 | $9,311,579 |
Minneapolis Downtown Improvement District Minneapolis, MN | $3,331,993 | $8,257,561 |
Greater Sioux Falls Chamber Of Commerce Sioux Falls, SD | $10,050,793 | $7,933,347 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |
Minnesota Association Of Professional Employees Mape Shoreview, MN | $22,099,313 | $6,757,766 |
Minnesota Chamber Of Commerce And Industry St Paul, MN | $7,317,783 | $6,035,761 |
Lignite Energy Council Bismarck, ND | $4,866,875 | $4,452,905 |
National Association Of Tower Erectors Watertown, SD | $8,490,002 | $4,294,406 |
Grain Elevator & Processing Society Golden Valley, MN | $3,501,132 | $5,479,710 |