2021-03-04T09:46:38-07:00 2020-12-31 990 2020-01-01 450172533 NODAK ELECTRIC COOPERATIVE INC NODA 7017464461 4000 32nd Ave South Grand Forks ND 58201 Nodak Electric Cooperative Inc Acctg and finance mgr 7017464461 2021-03-01 0 11 AAL2 2020 2022-09-23 18:48:47Z Tom Edwards 4000 32nd Ave S Grand Forks ND 58201 104296706 0 X www.nodakelectric.com X 1939 ND Rural Electric Cooperative serving 20,000+ accounts in Northeastern ND 9 9 76 0 0 0 0 105719568 102119329 419082 226854 153113 1876895 106291763 104223078 0 2100741 2106490 0 0 0 102880528 99187683 104981269 101294173 1310494 2928905 136048774 144864960 82398199 88111799 53650575 56753161 Rural Electric Cooperative serving 20000+ accounts in Northeastern ND 0 0 83243014 104223078 Power cost expense to provide electricity to 20,000 accounts 4492760 104223078 Depreciation expense to provide electric service to 20,000 accounts 2222006 104223078 Interest expense to provide electric service to 20,000 accounts 11336393 104223078 All other expenses of the cooperative to provide electric service to 20,000 accounts 11336393 0 104223078 101294173 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 51 0 1 76 1 0 0 0 0 0 102119330 440568 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 ND X Nodak Electric Cooperative Inc 7017464461 4000 32nd Ave S Grand Forks ND 58201 Mylo Einarson President/CEO 50 0 X 263717 0 57653 Steve Breidenbach Engineering Manager 40 0 X 160820 0 63121 Tom Edwards Accounting and finance manager 40 0 X 135948 0 58238 Blaine Rekken Customer and Energy Services Manager 40 0 X 132506 0 58467 Dan Schaefer Line Superintendant 40 0 X 137425 0 49856 Luther Meberg Director 10.5 0 X 16800 0 0 David Brag Secretary Treasurer 4 X X 15300 0 0 Steve Smaaladen Chairman 4 X X 14769 0 0 David Hagert Director 3 0 X 13500 0 0 David Kent Vice Chairman 5 X X 13450 0 0 Cheryl Osowski Director 14 0 X 13350 0 0 Paul Sigurdson Director 3 0 X 13200 0 0 Pete Naastad Director 4 0 X 13200 0 0 Les Windjue Director 8.5 0 X 12300 0 0 956285 0 287335 5 0 1 0 North Plains Utility PO Box 299 Carrington ND 58421 Utility Contractor 784871 AW Power 1985 47th Ave SW Hannover ND 58563 Tree Contractor 378498 Dakota Tree Service PO Box 195 Devils Lake ND 58301 Tree Contractor 147728 3 0 Electric Revenue 221122 100817479 100817479 0 0 Penalty Revenue 221122 123329 123329 0 0 AFB Revenue 900099 1178521 1178521 0 0 0 0 0 0 102119329 226854 226854 0 0 0 0 0 0 0 0 0 0 0 0 0 0 92102 73628 18474 18474 0 0 Other Capital Credits 221000 1858421 1858421 0 0 0 0 0 0 1858421 104223078 104223078 0 0 0 0 0 0 0 0 2106490 2106490 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2222006 2222006 0 0 83243014 83243014 0 0 4492760 4492760 0 0 0 0 0 0 9229903 9229903 0 0 101294173 101294173 0 0 6763671 8158523 0 5522915 0 0 12099688 10967809 0 0 0 0 545315 598093 1935836 2718266 0 0 170374035 65637035 104084452 104737000 0 0 0 0 8904748 11098081 0 0 1715064 1064273 136048774 144864960 8193314 7719338 0 0 0 0 0 0 0 0 0 0 69438841 75350992 0 0 4766044 5041469 82398199 88111799 X 0 0 0 0 53650575 56753161 53650575 56753161 136048774 144864960 2928905 0 0 0 173681 0 X 1 X 1 X 1 0 0 1006978 1006978 0 4642742 3037197 1605545 0 0 0 0 0 0 0 0 0 164724315 62599838 102124477 104737000 Minnkota Power Cooperative 5848645 F Various Patronage allocations 5249436 F 11098081 deferreed debits 787479 other current and accrued assets 276794 1064273 0 Customer Deposits 579689 Accrued taxes 914762 Other accrued liabilities 560009 Deferred credits 2987009 5041469 104223078 0 0 0 0 0 104223078 0 0 0 104223078 101294173 0 0 0 0 0 101294173 0 0 0 101294173 Schedule D, Part IX The Cooperative has interpreted patronaged dividends paid as capital credit allocations to member in the pre-existing obligations pursuant to the bylaws of the Cooperative Schedule D, Part X Other accrued liabilities consists of payroll related liability, accrued interest, accrued vacation and PTO Deferred credits consist of customer energy prepayments, settlement proceeds and customer advances for construction X 0 0 0 Mylo Einarson President/CEO 263717 0 0 0 0 0 38252 0 19401 0 321370 0 0 0 Steve Breidenbach Engineering Manager 160820 0 0 0 0 0 47032 0 16089 0 223941 0 0 0 Dan Schaefer Line Superintendant 137425 0 0 0 0 0 40100 0 9757 0 187282 0 0 0 Tom Edwards Accounting and finance manager 135948 0 0 0 0 0 39921 0 18318 0 194187 0 0 0 Blaine Rekken Customer and Energy Services Manager 132506 0 0 0 0 0 40197 0 18270 0 190973 0 0 0 Form 990, Part VI, Section A, Line 6 The cooperative has voting members Form 990, Part VI, Section A, Line 7a The cooperative currently has 14914 voting members Form 990, Part VI, Section A, Line 7b The members of the cooperative elect the governing body in the form of a director for each district; who serves a 3 year term. Form 990, Part VI, Section B, Line 11b A copy of the Form 990 is made available to all directors. Questions are then answered concerning its completion. Form 990, Part VI, Section B, Line 12c Cooperative has a regular scheduled monthly meeting to review practices and policies along with an all member Annual Meeting Form 990, Part VI, Section B, Line 15 Section B Line 15c - NRECA salary survey used as a compensation tool Form 990, Part VI, Section C, Line 19 Governing documents are available upon request, conflict of interest policies are reviewed annually and financial statements are provided on our Annual Report to the members. Nodak Electric Trust PO Box 13000 Grand Forks ND 58201 Charitable trust ND 501C3 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 Nodak Electric Trust s 53262 Amount received through donations