Public Charity

CENTRAL POWER ELECTRIC COOP INC

CENTRAL POWER ELECTRIC COOP INC, of MINOT, ND, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $204.7M in revenue, $193.4M in expenses, $537.5M in total assets.

EIN: 450226179 MINOT, ND Latest filing: 2025
Total Revenue$204.7M
Total Expenses$193.4M
Total Assets$537.5M
Grant Records0
Filing Years2021–2025

Mission

To assist our member systems to become electric suppliers of choice by serving as a leading and unifying force among our membership providing reliable economical and efficient electric supply and performing those functions that can most efficiently be provided as a united effort.

Where $100 goes at Central Power Electric Coop Inc

How Central Power Electric Coop Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Providing wholesale all-requirements electric service to our six member rural electric cooperatives in North Dakota
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Arden Fuher
Director Clint Gjellstad
Director David Charles
Chief Substation Engineer Dennis Olson
Vice President Jean Brandt
Operations Superintendent Kenneth Haugen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $204.7M $193.4M $537.5M
2024 $190.9M $180.6M $510.5M
2023 $188.2M $173.8M $479.6M
2022 $181.6M $164.2M $453.1M
2021 $167.8M $160.2M $419.7M

Between 2021 and 2025, reported annual revenue grew from $167.8M to $204.7M (+22%), with total assets most recently reported at $537.5M.

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

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