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Rural Electric Cooperative serving 20,000+ accounts in Northeastern ND.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$140M
Program Spending
100%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$138.3M
Total Assets
$177.3M
Total Liabilities
▼$104.5M
Net Assets
$72.8M
Officer Compensation
→$0
Other Salaries
$0
Investment Income
$1.1M
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1.7M
Awards Found
2
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Energy | INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA): NODAK ELECTRIC COOPERATIVE AMI IMPROVEMENT PROJECT. THIS PROJECT WILL PROVIDE DIRECT SUPPORT TO ELIGIBLE UTILITIES TO MAKE SIGNIFICANT MODIFICATIONS AND INVESTMENTS THAT ENHANCE THE CYBERSECURITY POSTURE OF ELECTRIC UTILITIES. | $1.6M | FY2026 | Aug 2026 – Aug 2030 | Open → |
| Department of Agriculture | SEC. 9007 REAP-ENERGY EFFICIENCY IMPROVEMENTS GRANTS (MAN) | $25.8K | FY2018 | Jul 2018 – Jul 2020 | Open → |
Department of Energy
$1.6M
INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA): NODAK ELECTRIC COOPERATIVE AMI IMPROVEMENT PROJECT. THIS PROJECT WILL PROVIDE DIRECT SUPPORT TO ELIGIBLE UTILITIES TO MAKE SIGNIFICANT MODIFICATIONS AND INVESTMENTS THAT ENHANCE THE CYBERSECURITY POSTURE OF ELECTRIC UTILITIES.
Department of Agriculture
$25.8K
SEC. 9007 REAP-ENERGY EFFICIENCY IMPROVEMENTS GRANTS (MAN)
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $140M | $0 | $138.3M | $177.3M | $72.8M |
| 2023IRS e-File | $137.6M | $0 | $135.3M | $171M | $70.9M |
| 2022 | $145M | $0 | $141.9M | $167.9M | $68.3M |
| 2021 | $119.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
| Total |
|---|
| Luther Meberg | Chairman | 12 | $17.4K | $0 | $0 | $17.4K |
| David Brag | Secretary Treasurer | 4 | $17.4K | $0 | $0 | $17.4K |
| Les Windjue | Vice Chairman | 5 | $12.2K | $0 | $0 | $12.2K |
Luther Meberg
Chairman
$17.4K
Hrs/Wk
12
Compensation
$17.4K
Related Orgs
$0
Other
$0
David Brag
Secretary Treasurer
$17.4K
Hrs/Wk
4
Compensation
$17.4K
Related Orgs
$0
Other
$0
Les Windjue
Vice Chairman
$12.2K
Hrs/Wk
5
Compensation
$12.2K
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Mylo Einarson | President/ceo | 50 | $323.1K | $0 | $90.3K | $413.4K |
| Tom Edwards | Accounting And Finance Manager | 40 | $160.7K | $0 | $76.6K | $237.3K |
| Blaine Rekken | Customer And Energy Services Manager | 40 | $149.8K | $0 |
Mylo Einarson
President/ceo
$413.4K
Hrs/Wk
50
Compensation
$323.1K
Related Orgs
$0
Other
$90.3K
Tom Edwards
Accounting And Finance Manager
$237.3K
Hrs/Wk
40
Compensation
$160.7K
Related Orgs
$0
Other
$76.6K
Blaine Rekken
Customer And Energy Services Manager
$223K
Hrs/Wk
40
Compensation
$149.8K
Related Orgs
$0
Other
$73.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Cheryl Osowski | Director | 10 | $13.7K | $0 | $0 | $13.7K |
| David Hagert | Director | 3 | $14.3K | $0 | $0 | $14.3K |
| David Kent | Director | 10 | $12.3K | $0 | $0 | $12.3K |
| Pete Naastad | Director | 4 | $15K | $0 | $0 | $15K |
| Ryan Benson | Director | 17 | $12.6K | $0 | $0 | $12.6K |
| Steve Smaaladen | Director |
Cheryl Osowski
Director
$13.7K
Hrs/Wk
10
Compensation
$13.7K
Related Orgs
$0
Other
$0
David Hagert
Director
$14.3K
Hrs/Wk
3
Compensation
$14.3K
Related Orgs
$0
Other
$0
David Kent
Director
$12.3K
Hrs/Wk
10
Compensation
$12.3K
Related Orgs
$0
Other
$0
| $1.5M |
| $111.8M |
| $162.1M |
| $65M |
| 2020 | $104.2M | $0 | $101.3M | $144.9M | $56.8M |
| 2019 | $106.3M | $0 | $105M | $135.2M | $53.7M |
| 2018 | $0 | $0 | $0 | $0 | $0 |
| 2017 | $103.8M | $0 | $102.6M | $127.7M | $50.2M |
| 2016 | $96.4M | $0 | $95.6M | $126.6M | $48.9M |
| 2015 | $95.9M | $0 | $93.1M | $120.7M | $49.7M |
| 2014 | $94.4M | $0 | $92.6M | $118.7M | $47.6M |
| 2013 | $92.5M | $0 | $90.2M | $117.8M | $45.8M |
| 2012 | $84.9M | $0 | $82.4M | $109.7M | $43.6M |
| 2011 | $77.3M | $0 | $77.6M | $103.9M | $41M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| $73.3K |
| $223K |
| Dan Schaefer | Line Superintendant | 40 | $158.3K | $0 | $63.1K | $221.4K |
| Cole Johnson | Engineering Manager | 40 | $135.9K | $0 | $51.9K | $187.9K |
Dan Schaefer
Line Superintendant
$221.4K
Hrs/Wk
40
Compensation
$158.3K
Related Orgs
$0
Other
$63.1K
Cole Johnson
Engineering Manager
$187.9K
Hrs/Wk
40
Compensation
$135.9K
Related Orgs
$0
Other
$51.9K
| 4 |
| $13.2K |
| $0 |
| $0 |
| $13.2K |
Pete Naastad
Director
$15K
Hrs/Wk
4
Compensation
$15K
Related Orgs
$0
Other
$0
Ryan Benson
Director
$12.6K
Hrs/Wk
17
Compensation
$12.6K
Related Orgs
$0
Other
$0
Steve Smaaladen
Director
$13.2K
Hrs/Wk
4
Compensation
$13.2K
Related Orgs
$0
Other
$0