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Filing year 2024

North Dakota Association of Rural Electric Cooperatives

Mandan, North Dakota·EIN 45-0231058·6
Total revenue
$6.1M
Total assets
$14.5M
Total expenses
$6.5M
Reported officers
32
Mission

Our mission is to provide member cooperatives a complete package of quality services in communications, government relations, education, safety training, professional and economic development.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Executive VP & General Mgr
executive vice president
$314k
$337k
Base
$238k
Bonus
Other
$8k
Benefits
$36k
Communic & Gov Rel/general Counsel
highest compensated employee
$199k
$214k
Base
$164k
Bonus
$750
Other
$13k
Benefits
$2k
Safety Services Director
highest compensated employee
$159k
$171k
Base
$122k
Bonus
$750
Other
$759
Benefits
$13k
Finance Director
$156k
$168k
Base
$141k
Bonus
$750
Other
$420
Benefits
$2k
Editor
highest compensated employee
$150k
$161k
Base
$107k
Bonus
$750
Other
$337
Benefits
$32k
Education & Member Serv Director
highest compensated employee
$135k
$145k
HR Manager/benefits Coordinator
highest compensated employee
$126k
$135k
$12k
$13k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Secretary
officer (unspecified)
$1k
$1k
Vice President
vice president
$1k
$1k
Treasurer
officer (unspecified)
$1k
$1k
Director
board member
$700
$753
Director
board member
$700
$753
Director
board member
$700
$753

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 16 unpaid individuals.

Up 6%
from 2023

From $297k in 2023 to $314k in 2024.

$297k
2023
$314k
2024
In today's dollarsEst.
Up 3% in real terms$328k to $337k

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

North Dakota Association of Rural Electric Cooperatives reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.5M
$5.3M
2023
$6.1M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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