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Filing year 2024

Cass County Electric Cooperative Inc

Fargo, North Dakota·EIN 45-0115790·12
Total revenue
$158.7M
Total assets
$347.2M
Total expenses
$157.2M
Reported officers
18
Mission

The mission of Cass County Electric Cooperative: To serve our member's energy needs with affordable and reliable electricity.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

$459k
$493k
Base
$287k
Bonus
$31k
Other
$19k
Benefits
$29k
VP of Engineering & Operat
vice president
$448k
$482k
Base
$208k
Bonus
$38k
Other
$15k
Benefits
$23k
Base
$242k
Bonus
$43k
Other
$19k
Benefits
$34k
$350k
$376k
Base
$301k
Bonus
Other
$4k
Benefits
$17k
Cio/vp of Information Tech
highest compensated employee
$298k
$320k
Base
$188k
Bonus
$37k
Other
$18k
Benefits
$33k
VP of Member & Energy Serv
vice president
$224k
$241k
Base
$138k
Bonus
$2k
Other
$6k
Benefits
$31k
Line Crew Foreman
highest compensated employee
$201k
$217k
Base
$142k
Bonus
$1k
Other
$2k
Benefits
$29k
Line Crew Foreman
highest compensated employee
$186k
$201k
Base
$157k
Bonus
$1k
Other
$1k
Benefits
$2k
Director
board member
$31k
$34k
Board Chair
board chair
$26k
$28k
Director
board member
$25k
$27k
Director
board member
$25k
$27k
Treasurer
officer (unspecified)
$19k
$21k
Vice Chair
board vice chair
$19k
$20k
Secretary
officer (unspecified)
$18k
$19k
Director (apr-dec)
board member
$15k
$16k
Director (jan-apr)
board member
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Up 9%
from 2023

From $421k in 2023 to $459k in 2024.

$421k
2023
$459k
2024
In today's dollarsEst.
Up 6% in real terms$465k to $493k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Cass County Electric Cooperative Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$162.1M
$155.5M
2023
$158.7M
$157.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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