Nonprofit · EIN 45-0217628
CAPITAL ELECTRIC COOPERATIVE INC
Tax-exempt · BISMARCK, ND 58503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $51,656,407 | $51,656,407 | $0 | $168,367,997 | $106,300,990 | $62,067,007 |
| December 31, 2024 | 990 | $47,454,359 | $47,454,359 | $0 | $158,236,502 | $98,068,326 | $60,168,176 |
| December 31, 2023 | 990 | $46,315,028 | $46,315,028 | $0 | $150,150,055 | $91,798,200 | $58,351,855 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $48,353,875
- Investment income
- $1,005,271
- Net gain from sales of assets
- $842,188
- Net income from sales of inventory
- -$61,447
- Other revenue
- $2,297,261
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $3,517,650
- Compensation of officers, directors and key employees
- $669,528
- Salaries, compensation and benefits (total)
- $1,698,461
- Professional fundraising fees
- $0
- Depreciation
- $4,554,249
Balance sheet and other
- Total assets, start of year
- $158,236,502
- Total assets, end of year
- $168,367,997
- Total liabilities, end of year
- $106,300,990
- Net assets, end of year
- $62,067,007
- Land, buildings and equipment
- $115,678,167
- Gross receipts
- $52,092,561
- Employees
- 39
- Volunteers
- 0
- Year formed
- 1945
- State of legal domicile
- ND
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL FITTERER | GENERAL MANAGER Officer | 45.4 | $239,351 | $162,070 |
| LUKE STEEN | BUSINESS MANAGER Officer | 51 | $164,747 | $61,190 |
| JEFFREY HOLZER | OPERATIONS MANAGER Highest-paid employee | 40.4 | $133,983 | $82,203 |
| STEVEN KUBALL | LEAD LINEWORKER Highest-paid employee | 41.8 | $130,108 | $59,048 |
| GREGORY OWEN | ENGINEERING MANAGER Highest-paid employee | 40.6 | $144,760 | $41,639 |
| JOSHUA SCHAFFNER | MANAGER OF ENERGY SERVICES Highest-paid employee | 40.2 | $132,051 | $44,003 |
| JESSE GOEHRING | LEAD LINEWORKER Highest-paid employee | 42.8 | $134,244 | $22,120 |
| DEON VILHAUER | PRESIDENT Trustee or director, Officer | 3 | $23,500 | $0 |
| KYLE TSCHOSIK | SECRETARY-TREASURER Trustee or director, Officer | 5 | $12,425 | $0 |
| SARA VOLLMER | VICE PRESIDENT Trustee or director, Officer | 6 | $11,025 | $0 |
| WHITFORD DWYER | DIRECTOR Trustee or director | 4 | $9,925 | $0 |
| GREG DEHNE | ASSISTANT SECRETARY/TREASU Trustee or director, Officer | 5 | $9,875 | $0 |
| BRET WEILAND | DIRECTOR Trustee or director | 6 | $9,175 | $0 |
| DAVID CHARLES | DIRECTOR Trustee or director | 5 | $7,725 | $0 |
| DWIGHT WRANGHAM | DIRECTOR Trustee or director | 6 | $7,375 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUKE ELLENBAUM | DIRECTOR Trustee or director | 5 | $7,375 |
| LYNDON ANDERSON | DIRECTOR (THROUGH JUNE 2025) Trustee or director | 4 | $4,425 |
| KAYLA PULVERMACHER | DIRECTOR (THROUGH JUNE 2025) Trustee or director | 5 | $1,600 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL FITTERER | GENERAL MANAGER Officer | 46 | $231,165 | $137,612 |
| LUKE STEEN | BUSINESS MANAGER Officer | 46 | $160,629 | $52,029 |
| STEVEN KUBALL | LEAD LINEWORKER Highest-paid employee | 40 | $130,386 | $46,413 |
| GREGORY OWEN | ENGINEERING MANAGER Highest-paid employee | 40 | $138,823 | $35,070 |
| MATT HAGEN | LEAD LINEWORKER Highest-paid employee | 40 | $121,598 | $43,993 |
| JOSHUA SCHAFFNER | MANAGER OF ENERGY SERVICES Highest-paid employee | 40 | $124,948 | $35,049 |
| JESSE GOEHRING | LEAD LINEWORKER Highest-paid employee | 40 | $129,989 | $16,580 |
| DEON VILHAUER | PRESIDENT Trustee or director, Officer | 3 | $17,850 | $0 |
| LYNDON ANDERSON | ASSISTANT SECRETARY/TREASURER Trustee or director | 4 | $13,275 | $0 |
| KYLE TSCHOSIK | SECRETARY-TREASURER Trustee or director, Officer | 5 | $11,850 | $0 |
| SARA VOLLMER | DIRECTOR Trustee or director | 6 | $11,475 | $0 |
| BRET WEILAND | DIRECTOR Trustee or director | 6 | $8,900 | $0 |
| KAYLA PULVERMACHER | DIRECTOR Trustee or director | 5 | $8,430 | $0 |
| DWIGHT WRANGHAM | DIRECTOR Trustee or director | 6 | $8,025 | $0 |
| DAVID CHARLES | VICE PRESIDENT Trustee or director, Officer | 5 | $7,475 | $0 |
| GREG DEHNE | DIRECTOR (STARTED JUNE 2024) Trustee or director | 5 | $4,625 | $0 |
| REX HOLLENBECK | DIRECTOR (THROUGH JUNE 2024) Trustee or director | 5 | $3,225 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL FITTERER | GENERAL MANAGER Officer | 46 | $223,759 | $141,605 |
| LUKE STEEN | BUSINESS MANAGER Officer | 46 | $156,321 | $50,934 |
| RICK DRESSLER | OPERATIONS MANAGER Highest-paid employee | 40 | $136,556 | $47,074 |
| GREGORY OWEN | ENGINEERING MANAGER Highest-paid employee | 40 | $130,138 | $34,923 |
| MATT HAGEN | LEAD LINEWORKER Highest-paid employee | 40 | $113,497 | $41,817 |
| JESSE GOEHRING | LEAD LINEWORKER Highest-paid employee | 40 | $124,813 | $17,085 |
| BRADEN MARTIN | JOURNEYMAN LINEWORKER Highest-paid employee | 40 | $108,894 | $30,690 |
| DEON VILHAUER | PRESIDENT Trustee or director, Officer | 6 | $22,675 | $0 |
| KYLE TSCHOSIK | ASSISTANT SECRETARY-TREASU Trustee or director, Officer | 5 | $15,075 | $0 |
| LYNDON ANDERSON | DIRECTOR Trustee or director | 40 | $13,275 | $0 |
| SARA VOLLMER | DIRECTOR Trustee or director | 8 | $11,625 | $0 |
| DAVID CHARLES | VICE PRESIDENT Trustee or director, Officer | 6 | $10,225 | $0 |
| DWIGHT WRANGHAM | DIRECTOR Trustee or director | 6 | $9,625 | $0 |
| KAYLA PULVERMACHER | DIRECTOR Trustee or director | 5 | $8,675 | $0 |
| REX HOLLENBECK | DIRECTOR Trustee or director | 5 | $6,675 | $0 |
| BRET WEILAND | DIRECTOR (STARTED IN JUNE) Trustee or director | 5 | $5,625 | $0 |
| DAVID STRALEY | SECRETARY-TREASURER Trustee or director, Officer | 3 | $3,050 | $0 |
Address and contacts
- Address (IRS master file)
- 7401 YUKON DR, BISMARCK, ND 58503-9755
- Principal officer (990 for 2025)
- PAUL FITTERER, PO BOX 730, BISMARCK, ND 585020730
- Signed the 990
- PAUL FITTERER, GENERAL MANAGER
- Phone
- (701) 223-1513
- Website
- CAPITALELEC.COM
- Return prepared by
- BRADY MARTZ PLLC
Mission
CAPITAL ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND EFFICIENT ELECTRIC POWER AT A REASONABLE COST TO ALL MEMBER OWNERS.
Program accomplishments
- WE ARE AN ELECTRICAL DISTRIBUTION COOPERATIVE SUPPLYING ELECTRIC POWER TO OUR MEMBER CONSUMERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0217628
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1949
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $168,367,997
- Income (IRS master file)
- $52,092,561
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $51,656,407 | $51,656,407 | $168,367,997 | XML |
| 990 | December 2024 | $47,454,359 | $47,454,359 | $158,236,502 | XML |
| 990 | December 2023 | $46,315,028 | $46,315,028 | $150,150,055 | XML |
| 990 | December 2022 | $48,164,166 | $48,164,166 | $145,742,846 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0217628).
Questions about CAPITAL ELECTRIC COOPERATIVE INC
- What is the EIN of CAPITAL ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of CAPITAL ELECTRIC COOPERATIVE INC is 45-0217628.
- Is CAPITAL ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1949.
- Are donations to CAPITAL ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPITAL ELECTRIC COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPITAL ELECTRIC COOPERATIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITAL ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAPITAL ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names PAUL FITTERER.
- Who are the officers and directors of CAPITAL ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 18 received compensation from the organization, the highest $239,351 (PAUL FITTERER, GENERAL MANAGER).
- How much revenue does CAPITAL ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $51,656,407, expenses of $51,656,407 and total assets of $168,367,997 at year end.
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