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Nonprofit · EIN 45-0454206

DAKOTA VALLEY ELECTRIC COOPERATIVE INC

Tax-exempt · EDGELEY, ND 58433

Financials

$61.1M$61.1M2023$61M$62.2M2024$63.7M$63.6M2025
Revenue Expenses · by fiscal year end
Financials of DAKOTA VALLEY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$63,679,922$63,573,220$106,702$196,309,695$107,795,291$88,514,404
December 31, 2024990$61,008,372$62,208,372-$1,200,000$179,717,023$96,176,728$83,540,295
December 31, 2023990$61,076,760$61,076,758$2$174,627,296$94,354,954$80,272,342
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$59,974,682
Investment income
$562,855
Net gain from sales of assets
$138,625
Net income from sales of inventory
$176
Other revenue
$3,142,385

Expenses

Grants and similar amounts paid
$37,985
Benefits paid to members
$5,806,895
Compensation of officers, directors and key employees
$715,526
Other salaries and wages
$4,045,251
Salaries, compensation and benefits (total)
$5,957,653
Professional fundraising fees
$0
Depreciation
$4,016,688

Balance sheet and other

Total assets, start of year
$179,717,023
Total assets, end of year
$196,309,695
Total liabilities, end of year
$107,795,291
Net assets, end of year
$88,514,404
Land, buildings and equipment
$115,608,604
Gross receipts
$63,706,664
Employees
46
Volunteers
0
Year formed
2000
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.

NameTitleHours / weekCompensationOther / benefits
MARK KINZLERGENERAL MANAGER
Officer
40$289,041$130,378
BRANDON GIESLERMANAGER OF ENGINEERING/IT
Highest-paid employee
40$142,505$54,220
BRADLEY LUNNEBORGOPERATIONS MANGER
Highest-paid employee
40$155,130$30,949
CORY IVERSONFOREMAN
Highest-paid employee
40$142,026$39,841
JON COLEMANFOREMAN
Highest-paid employee
40$153,437$17,198
KRISTIN SYVERSONBUSINESS MANAGER/CFO
Officer
40$164,799$4,875
SAMUAL SCHMIDTFOREMAN
Highest-paid employee
40$139,156$20,784
KIM RASMUSSENPRESIDENT
Trustee or director, Officer
6$20,400$0
CONNIE BITZSECRETARY
Trustee or director, Officer
3$16,800$0
PATRICIA GEHLHARVICE PRESIDENT
Trustee or director, Officer
5$15,600$0
DAVID PAULSONDIRECTOR
Trustee or director
2.5$15,600$0
PAUL DIMMERDIRECTOR
Trustee or director
2$14,400$0
JEREMY NITSCHKEDIRECTOR
Trustee or director
2$12,000$0
NEIL OLERUDDIRECTOR
Trustee or director
4$11,600$0
BRUCE BOSSETREASURER
Trustee or director, Officer
2$9,600$0
2 more people on this return
NameTitleHours / weekCompensation
ARDEN FUHERDIRECTOR (LEFT 06/2025)
Trustee or director
4$6,400
MATT HERMANDIRECTOR (JOINED 06/2025)
Trustee or director
2$5,600
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
Mark KinzlerGeneral Manager
Officer
43.3$278,125$104,332
Kelly WaldBusiness Manager
Officer
42.8$167,132$128,752
Trevor IntveldWahpeton Line Foreman
Highest-paid employee
44.6$137,638$64,820
Brandon GieslerManager of Engineering & IT
Highest-paid employee
41.9$138,372$49,456
Bradley LunneborgOperations Manager
Highest-paid employee
42.5$152,154$32,958
Monty ZimmerOakes Line Foreman
Highest-paid employee
44.8$139,465$34,099
Jon ColemanEdgeley Line Foreman
Highest-paid employee
46.9$150,709$17,961
Kristin SyversonBusiness Manager (As of 10/24)
Officer
42.7$40,142$155
Kim RasmussenPresident
Trustee or director, Officer
6$17,150$0
Patricia GehlharVice President
Trustee or director, Officer
5$15,150$0
Neil OlerudDirector
Trustee or director
4$15,050$0
Connie BitzSecretary
Trustee or director, Officer
3$14,550$0
David PaulsonDirector
Trustee or director
4.5$13,500$0
Arden FuherDirector
Trustee or director
8$11,900$0
Bruce BosseTreasurer
Trustee or director, Officer
2$10,050$0
Paul DimmerDirector (As of Jun 24)
Trustee or director
2$8,750$0
Jeremy NitschkeDirector
Trustee or director
2$8,200$0
Mike HauschildVice President (Until 6/24)
Trustee or director, Officer
2$4,200$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
Mark KinzlerGeneral Manager
Officer
42.9$266,582$94,072
Kelly WaldBusiness Manager
Officer
41.9$157,350$122,148
Trevor IntveldWahpeton Line Foreman
Highest-paid employee
42.3$121,789$61,830
Brandon GieslerManager of Engineering & IT
Highest-paid employee
41.6$128,463$49,549
Brad LunneborgOperations Manager
Highest-paid employee
41.3$139,320$32,360
Grant BakerGackle Line Foreman
Highest-paid employee
42.5$122,099$48,412
Jon ColemanEdgeley Line Foreman
Highest-paid employee
44.5$134,044$17,264
Connie BitzSecretary
Trustee or director, Officer
3$26,600$0
David PaulsonTreasurer
Trustee or director, Officer
4.5$17,500$0
Arden FuherPresident
Trustee or director, Officer
8$16,800$0
Patricia GehlharDirector
Trustee or director
6$15,750$0
Kim RasmussenDirector
Trustee or director
4$13,650$0
Bruce BosseDirector
Trustee or director
2$13,650$0
Jeremy NitschkeDirector
Trustee or director
2$12,600$0
Neil OlerudDirector
Trustee or director
4$12,250$0
Mike HauschildVice President
Trustee or director, Officer
2$11,550$0

Address and contacts

Address (IRS master file)
7296 HIGHWAY 281, EDGELEY, ND 58433-9503
Principal officer (990 for 2025)
MARK KINZLER, 7296 HWY 281, EDGELEY, ND 584339503
Signed the 990
MARK KINZLER, GENERAL MANAGER
Phone
(701) 493-2281
Return prepared by
BRADY MARTZ PLLC

Mission

DAKOTA VALLEY ELECTRIC COOPERATIVE WILL DELIVER DEPENDABLE ELECTRIC POWER AND ENERGY AT FAIR AND REASONABLE PRICES; DAKOTA VALLEY ELECTRIC COOPERATIVE WILL DELIVER AN EXTENDED RANGE OF CONVENIENT CUSTOMER SUPPORT SERVICES, COMPLIMENTARY TO OUR CORE ELECTRIC AND ENERGY BUSINESS; AND DAKOTA VALLEY ELECTRIC COOPERATIVE WILL PROVIDE TECHNICAL ASSISTANCE, FINANCIAL TOOLS AND HUMAN RESOURCES THAT FOSTER COMMUNITY DEVELOPMENT.

990 for the year ended December 31, 2025

Program accomplishments

  • THE COOPERATIVE DELIVERS ELECTRIC ENERGY TO ITS MEMBERS IN RURAL AREAS. DURING 2025, THE COOPERATIVE HAD 4,209 MEMBERS AND 7,117 SERVICE LOCATIONS. THE SYSTEM CURRENTLY HAS 4,593.92 MILES OF LINE.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0454206
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$196,309,695
Income (IRS master file)
$63,706,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$63,679,922$63,573,220$196,309,695XML
990December 2024$61,008,372$62,208,372$179,717,023XML
990December 2023$61,076,760$61,076,758$174,627,296XML
990December 2022$61,778,658$61,778,666$161,341,737IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 45-0454206).

Questions about DAKOTA VALLEY ELECTRIC COOPERATIVE INC

What is the EIN of DAKOTA VALLEY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of DAKOTA VALLEY ELECTRIC COOPERATIVE INC is 45-0454206.
Is DAKOTA VALLEY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2000.
Are donations to DAKOTA VALLEY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DAKOTA VALLEY 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 DAKOTA VALLEY 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 DAKOTA VALLEY 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 DAKOTA VALLEY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 names MARK KINZLER.
Who are the officers and directors of DAKOTA VALLEY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 lists 17 people; 17 received compensation from the organization, the highest $289,041 (MARK KINZLER, GENERAL MANAGER).
How much revenue does DAKOTA VALLEY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $63,679,922, expenses of $63,573,220 and total assets of $196,309,695 at year end.

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