Public Charity

DAKOTA ELECTRIC ASSOCIATION

DAKOTA ELECTRIC ASSOCIATION is a Public Charity headquartered in FARMINGTON, MN. Financial data from the 2024 filing: $230.0M revenue, $229.7M expenses, $421.7M total assets. IRS filings disclose 18 grants awarded by this foundation, totaling roughly $2.4M.

EIN: 410212180 FARMINGTON, MN Latest filing: 2024
Total Revenue$230.0M
Total Expenses$229.7M
Total Assets$421.7M
Grants Given18
Grant Total$2.4M
Filing Years2019–2024

Mission

WE ARE A MEMBER-OWNED, MEMBER-FOCUSED ELECTRIC DISTRIBUTION COOPERATIVE, STRIVING TO EXCEED OUR MEMBER'S ENERGY EXPECTATIONS IN A CHANGING WORLD.

Sample Grants Given

ROSEMOUNT, MN · 2024
SCHOLARSHIPS FOR EDUCATIONAL PURPOSES
$541,000
ROSEMOUNT, MN · 2023
SCHOLARSHIPS FOR EDUCATIONAL PURPOSES
$416,000
BURNSVILLE, MN · 2023
FOOD SHELF/ENERGY ASSISTANCE
$14,000
ROSEMOUNT, MN · 2022
SCHOLARSHIPS FOR EDUCATIONAL PURPOSES
$388,000
BURNSVILLE, MN · 2022
FOOD SHELF/ENERGY ASSISTANCE AND COVID ASSISTANCE
$14,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

VP-REGULATORY SERVICES Adam Heinen
VP-ENGINEERING SERVICES Betty Jo Kiesow
DIRECTOR Bill Middlecamp
CORPORATE CONTROLLER Carla Henke
VICE CHAIR/DIRECTOR (BEG MAY) Clay Van De Bogart
VP-FINANCIAL SERVICES/CFO Corey Hintz

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS FOR EDUCATIONAL PURPOSES
$2,336,000 7 grants
FOOD SHELF/ENERGY ASSISTANCE AND COVID ASSISTANCE
$33,500 2 grants
FOOD SHELF/ENERGY ASSISTANCE
$29,900 4 grants
EXPANSION CAMPAIGN
$22,000 2 grants
COVID RELIEF
$7,875 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $230.0M $229.7M $421.7M
2023 $231.6M $221.6M $407.3M
2022 $219.7M $216.1M $393.5M
2020 $215.3M $211.0M $361.7M
2019 $207.9M $203.3M $344.1M

Between 2019 and 2024, reported annual revenue grew from $207.9M to $230.0M (+11%), with total assets most recently reported at $421.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN.

MN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for DAKOTA ELECTRIC ASSOCIATION

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