Public Charity

VERENDRYE ELECTRIC COOPERATIVE INC

VERENDRYE ELECTRIC COOPERATIVE INC is a nonprofit organization categorized as Public Charity based in VELVA, ND. Its most recent IRS filing (2024) reports revenue of $57.4M, expenses of $55.8M, total assets of $182.9M.

EIN: 450206162 VELVA, ND Latest filing: 2024
Total Revenue$57.4M
Total Expenses$55.8M
Total Assets$182.9M
Grant Records0
Filing Years2020–2024

Mission

TO PROVIDE QUALITY ELECTRIC SERVICE AT A COMPETITIVE COST STRENGTHEN THE AREA ECONOMY & LEAD IN IMPROVING THE REGIONS QUALITY OF LIFE THROUGH INNOVATION WHILE OPERATING WITHIN THE COOPERATIVE PRINCIPLES

Officers & Directors

DIRECTOR Blaine Bruner
GENERAL MANAGER Brad Doll
LINEMAN Bryan Schwan
BUSINESS MANAGER Christel Laskowski
PRESIDENT Clint Gjellstad
LINEMAN Curt Peterson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $57.4M $55.8M $182.9M
2023 $58.3M $56.5M $181.2M
2022 $58.3M $56.8M $170.7M
2020 $54.7M $53.7M $151.7M

Between 2020 and 2024, reported annual revenue grew from $54.7M to $57.4M (+5%), with total assets most recently reported at $182.9M.

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

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