Nonprofit · EIN 81-0215971
NORVAL ELECTRIC COOPERATIVE INC
Tax-exempt · GLASGOW, MT 59230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 (amended) | $9,117,886 | $9,117,886 | $0 | $31,746,000 | $12,173,526 | $19,572,474 |
| April 30, 2025 | 990 | $3,083,797 | $3,083,797 | $0 | $32,742,923 | $13,632,800 | $19,110,123 |
| December 31, 2024 | 990 | $8,465,854 | $8,465,854 | $0 | $31,894,140 | $13,154,651 | $18,739,489 |
| December 31, 2023 | 990 | $8,395,274 | $8,395,274 | $0 | $29,999,792 | $13,058,679 | $16,941,113 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,306,177
- Investment income
- $104,327
- Other revenue
- $707,382
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $376,116
- Compensation of officers, directors and key employees
- $658,993
- Other salaries and wages
- $920,044
- Salaries, compensation and benefits (total)
- $2,380,206
- Professional fundraising fees
- $0
- Legal fees
- $34,204
- Accounting fees
- $20,997
- Depreciation
- $1,472,491
Balance sheet and other
- Total assets, start of year
- $31,894,140
- Total assets, end of year
- $31,746,000
- Total liabilities, end of year
- $12,173,526
- Net assets, end of year
- $19,572,474
- Land, buildings and equipment
- $22,314,715
- Gross receipts
- $9,117,886
- Employees
- 17
- Volunteers
- 0
- Year formed
- 1941
- State of legal domicile
- MT
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 |
|---|---|---|---|
| Nicholas Dulaney | Line Superintendent Highest-paid employee | 45 | $129,094 |
| Jayson Nelson | Foreman Highest-paid employee | 40 | $122,117 |
| Cody Odom | Foreman Highest-paid employee | 40 | $121,371 |
| Jace Young | Lineman Highest-paid employee | 40 | $114,007 |
| Kyle Shipp | Lineman Highest-paid employee | 40 | $110,454 |
| Rick Stahl | Director Trustee or director, Officer | 3 | $11,550 |
| Chris Christensen | President Trustee or director, Officer | 15 | $10,825 |
| Brian Miller | Director Trustee or director, Officer | 3 | $9,800 |
| Kevin Nelson | Director Trustee or director, Officer | 3 | $9,100 |
| Sam Gundermann | Director Trustee or director, Officer | 3 | $7,700 |
| Rocky Kittleson | Secretary/Treasurer Trustee or director, Officer | 3 | $7,650 |
| Richard Molvig | Vice President Trustee or director, Officer | 3 | $5,325 |
990 for the year ended April 30, 2025: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rick Stahl | Director Trustee or director, Officer | 3 | $0 |
| Chris Christensen | President Trustee or director, Officer | 15 | $0 |
| Rocky Kittleson | Secretary/Treasurer Trustee or director, Officer | 3 | $0 |
| Sam Gundermann | Director Trustee or director, Officer | 3 | $0 |
| Richard Molvig | Vice President Trustee or director, Officer | 3 | $0 |
| Kevin Nelson | Director Trustee or director, Officer | 3 | $0 |
| Brian Miller | Director Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Dulaney | Line Superintendent Highest-paid employee | 45 | $126,289 |
| Cody Odom | Foreman Highest-paid employee | 40 | $118,678 |
| Jayson Nelson | Foreman Highest-paid employee | 40 | $118,677 |
| Jace Young | Lineman Highest-paid employee | 40 | $110,716 |
| Ryan Bergtoll | Lineman Highest-paid employee | 40 | $109,853 |
| Rick Stahl | Director Trustee or director, Officer | 3 | $8,825 |
| Chris Christensen | President Trustee or director, Officer | 15 | $8,250 |
| Rocky Kittleson | Secretary/Treasurer Trustee or director, Officer | 3 | $6,475 |
| Sam Gundermann | Director Trustee or director, Officer | 3 | $6,150 |
| Ronald Reddig | Director Trustee or director, Officer | 3 | $5,950 |
| Richard Molvig | Vice President Trustee or director, Officer | 3 | $5,825 |
| Kevin Nelson | Director Trustee or director, Officer | 3 | $4,125 |
| Brian Miller | Director Trustee or director, Officer | 3 | $1,050 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Dulaney | Line Superintendent Highest-paid employee | 45 | $130,676 |
| Doris Donaldson | Office Manager Highest-paid employee | 45 | $112,856 |
| Jayson Nelson | Foreman Highest-paid employee | 40 | $108,377 |
| Cody Odom | Foreman Highest-paid employee | 40 | $108,321 |
| Joseph Odom | Foreman Highest-paid employee | 40 | $102,326 |
| Rick Stahl | Director Trustee or director, Officer | 3 | $5,500 |
| Chris Christensen | President Trustee or director, Officer | 15 | $5,100 |
| Ronald Reddig | Director Trustee or director, Officer | 3 | $4,750 |
| Richard Molvig | Vice President Trustee or director, Officer | 3 | $4,650 |
| Rocky Kittleson | Secretary/Treasurer Trustee or director, Officer | 3 | $4,200 |
| Sam Gundermann | Director Trustee or director, Officer | 3 | $4,050 |
| Kevin Nelson | Director Trustee or director, Officer | 3 | $2,550 |
Address and contacts
- Address (IRS master file)
- PO BOX 951, GLASGOW, MT 59230-0951
- Principal officer (990 for 2025)
- Marie Donaldson, PO Box 951, Glasgow, MT 59230
- Signed the 990
- Marie Donaldson, Office Manager
- Phone
- (406) 228-9351
- Website
- www.norval.coop
Mission
To provide electricity to rural farms, residences, businesses and other industrial entities in Northeastern Montana.
Program accomplishments
- To provide electricity to rural farms, residences, businesses and other industrial entities in Northeast Montana.
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
- 81-0215971
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $31,746,000
- Income (IRS master file)
- $9,117,886
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,117,886 | $9,117,886 | $31,746,000 | IRS |
| 990 | April 2025 | $3,083,797 | $3,083,797 | $32,742,923 | XML |
| 990 | December 2024 | $8,465,854 | $8,465,854 | $31,894,140 | IRS |
| 990 | December 2023 | $8,395,274 | $8,395,274 | $29,999,792 | XML |
| 990 | December 2022 | $8,069,987 | $8,069,987 | $30,343,737 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 81-0215971).
Questions about NORVAL ELECTRIC COOPERATIVE INC
- What is the EIN of NORVAL ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of NORVAL ELECTRIC COOPERATIVE INC is 81-0215971.
- Is NORVAL ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1956.
- Are donations to NORVAL ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORVAL 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 NORVAL 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 NORVAL 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 NORVAL ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names Marie Donaldson.
- Who are the officers and directors of NORVAL ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 12 received compensation from the organization, the highest $129,094 (Nicholas Dulaney, Line Superintendent).
- How much revenue does NORVAL ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,117,886, expenses of $9,117,886 and total assets of $31,746,000 at year end.
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All nonprofits in GLASGOW · Montana · Mutual and membership benefit