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Filing year 2024

Dakota Valley Electric Cooperative Inc

Edgeley, North Dakota·EIN 45-0454206·NTEE Y22 · Mutual & Membership Benefit·501(c)(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 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

General Manager
Above 90th percentilevs all sectors nationwide
$382k
$411k
Base
$271k
Bonus
$150
Other
$7k
Benefits
$35k
Business Manager
Above 90th percentilevs all sectors nationwide
$296k
$318k
Base
$163k
Bonus
$150
Other
$4k
Benefits
$33k
Wahpeton Line Foreman
Highest Compensated Employee
Median to 75th percentile
$202k
$218k
Base
$137k
Bonus
$150
Other
$558
Benefits
$25k
Manager of Engineering & IT
IT Manager
Median to 75th percentilevs all sectors nationwide
$188k
$202k
Base
$138k
Bonus
$150
Other
$454
Benefits
$28k
Operations Manager
75th to 90th percentilevs all sectors nationwide
$185k
$199k
Base
$149k
Bonus
$150
Other
$3k
Benefits
$31k
Oakes Line Foreman
Highest Compensated Employee
25th percentile to median
$174k
$187k
Base
$138k
Bonus
$150
Other
$2k
Benefits
$33k
Edgeley Line Foreman
Highest Compensated Employee
25th percentile to median
$169k
$181k
Base
$149k
Bonus
$150
Other
$2k
Benefits
$16k
Business Manager (as of 10/24)
Business Manager
10th to 25th percentilevs all sectors nationwide
$40k
$43k
President
25th percentile to median
$17k
$18k
Vice President
Median to 75th percentile
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Secretary
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$12k
$13k
Treasurer
Officer (Unspecified)
$10k
$11k
Director (as of Jun 24)
Board Member
25th percentile to median
$9k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Vice President (until 6/24)
Vice President
25th percentile to median
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Dakota Valley Electric Cooperative Inc equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.6%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

General Manager pay rose 6% from 2023 to 2024, while revenue held roughly steady.

$361k in 2023 to $382k in 2024.
  • Business Manager pay rose 6% from 2023 to 2024.
  • Highest Compensated Employee pay rose 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Dakota Valley Electric Cooperative Inc

What does the General Manager of Dakota Valley Electric Cooperative Inc earn?

In 2024, the General Manager of Dakota Valley Electric Cooperative Inc received $382,457 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at Dakota Valley Electric Cooperative Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at Dakota Valley Electric Cooperative Inc falls in the top 10%. In 2024, the highest total compensation at Dakota Valley Electric Cooperative Inc equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are Dakota Valley Electric Cooperative Inc's revenue and expenses?

In 2024, Dakota Valley Electric Cooperative Inc reported $61M in total revenue and $62.2M in total expenses on its IRS Form 990.

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