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Filing year 2024

Dakota Valley Electric Cooperative Inc

Edgeley, North Dakota·EIN 45-0454206·NTEE Y22 · Mutual & Membership Benefit·12
Total revenue
$61M
Total assets
$179.7M
Total expenses
$62.2M
Reported officers
18
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.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$382k
$411k
Base
$271k
Bonus
$150
Other
$7k
Benefits
$35k
Business Manager
officer (unspecified)
$296k
$318k
Base
$163k
Bonus
$150
Other
$4k
Benefits
$33k
Wahpeton Line Foreman
highest compensated employee
$202k
$218k
Base
$137k
Bonus
$150
Other
$558
Benefits
$25k
Manager of Engineering & IT
highest compensated employee
$188k
$202k
Base
$138k
Bonus
$150
Other
$454
Benefits
$28k
Operations Manager
highest compensated employee
$185k
$199k
Base
$149k
Bonus
$150
Other
$3k
Benefits
$31k
Oakes Line Foreman
highest compensated employee
$174k
$187k
Base
$138k
Bonus
$150
Other
$2k
Benefits
$33k
Edgeley Line Foreman
highest compensated employee
$169k
$181k
Base
$149k
Bonus
$150
Other
$2k
Benefits
$16k
Business Manager (as of 10/24)
officer (unspecified)
$40k
$43k
$17k
$18k
Vice President
vice president
$15k
$16k
Director
board member
$15k
$16k
Secretary
officer (unspecified)
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$12k
$13k
Treasurer
officer (unspecified)
$10k
$11k
Director (as of Jun 24)
board member
$9k
$9k
Director
board member
$8k
$9k
Vice President (until 6/24)
vice president
$4k
$5k

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.

Browse compensation in Mutual & Membership Benefit

Up 6%
from 2023

From $361k in 2023 to $382k in 2024.

$361k
2023
$382k
2024
In today's dollarsEst.
Up 3% in real terms$398k to $411k

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

Dakota Valley Electric Cooperative Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$61.1M
$61.1M
2023
$61M
$62.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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