Dakota Electric Association
WE ARE A MEMBER-OWNED, MEMBER-FOCUSED ELECTRIC DISTRIBUTION COOPERATIVE, STRIVING TO EXCEED OUR MEMBER'S ENERGY EXPECTATIONS IN A CHANGING WORLD.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$421.7M
+3.5% YoY
Annual Giving
$541K
+25.8% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$541K
+151.6% YoY
About Dakota Electric Association
Based on IRS filings
Dakota Electric Association is a nonprofit organization, based in FARMINGTON, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $421.7M in total assets. In 2024, it awarded 1 grants totaling $541K. Net investment income was $299K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $421,668,479 | $407,291,057 | $393,498,407 |
| Revenue | $229,998,295 | $231,566,305 | $219,708,380 |
| Expenses | $229,656,385 | $221,568,956 | $216,108,429 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $298,745 | $193,148 | $275,681 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL BAKKEN | CHAIR | 25 | $46,020 |
| GERALD PITTMAN JR | TREASURER/VICE CHAIR (BEG MAY) | 16 | $35,400 |
| TERRENCE DONNELLY | SECRETARY | 16 | $35,400 |
| DAVID JONES | DIRECTOR/TREASURER (BEG MAY) | 20 | $35,400 |
| KENNETH DANNER | DIRECTOR | 14 | $35,400 |
| JOHN JACK DEYOE | DIRECTOR | 22 | $35,400 |
| CYNTHIA FIELDS | DIRECTOR | 3 | $35,400 |
| JENNIFER HOEFT | DIRECTOR | 10 | $35,400 |
| BILL MIDDLECAMP | DIRECTOR | 16 | $29,500 |
| STACY MILLER | DIRECTOR | 10 | $35,400 |
| MARGARET SCHREINER | DIRECTOR | 19 | $35,400 |
| CLAY VAN DE BOGART | VICE CHAIR/DIRECTOR (BEG MAY) | 17 | $35,400 |
| RYAN HENTGES | CEO | 40 | $490,774 |
| MICHAEL NELSON | VP-INFORMATION SERVICES/CIO | 40 | $278,385 |
| COREY HINTZ | VP-FINANCIAL SERVICES/CFO | 40 | $284,681 |
| JONATHON BEYER | VP-ENERGY & MEMBER SERVICES | 40 | $258,780 |
| ADAM HEINEN | VP-REGULATORY SERVICES | 40 | $259,878 |
| BETTY JO KIESOW | VP-ENGINEERING SERVICES | 40 | $286,006 |
| TRINA SANDLIE | VP-PEOPLE AND CULTURE | 40 | $249,367 |
| JEFFREY SCHOENECKER | VP-UTILITY SERVICES | 40 | $275,717 |
| GRANT BAUMBERGER | FACILITIES & TECH SERV MGR | 40 | $184,820 |
| JOHN BERGE | GRID MODERNIZATION MANAGER | 40 | $168,928 |
| CARLA HENKE | CORPORATE CONTROLLER | 40 | $178,806 |
| JOHN THURMES | CONTROL CENTER MANAGER | 40 | $191,604 |
| NICOLAS DEVINE | FINANCIAL SYSTEMS OPERATION MANAGER | 40 | $159,598 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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