Dakota Valley Electric Cooperative Inc

Dakota Valley Electric Cooperative Inc Overview

Dakota Valley Electric Cooperative Inc is located in Edgeley, ND. The organization was established in 2000. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2020, Dakota Valley Electric Cooperative Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dakota Valley 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 12/2020, Dakota Valley Electric Cooperative Inc generated $56.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $56.1m during the year ending 12/2020. While expenses have increased by 2.4% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

DELIVER ELECTRIC ENERGY TO RURAL MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION DELIVERS ELECTRIC ENERGY TO ITS MEMBERS IN RURAL AREAS. DURING 2020 THERE WERE 4,195 MEMBERS AND 6,784 SERVICE IN PLACE.


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Dakota Valley Electric Cooperative Inc Board, Officers & Key Employees

Dakota Valley Electric Cooperative Inc Vendors

Vendor Name (Service)Compensation
K & H Electric
Replace Ug Cable
$871,225
David Zorn Z's Trees
Tree Trimming
$169,350
Ace Utility Services Llc
Cable Locates
$104,154
Legacy Power Line
Repair Oh Line
$101,445
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$55,696,604
Investment income $379,999
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $56,764
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,133,367

Dakota Valley Electric Cooperative Inc Peer Organizations

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