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
Among its reported 2024 grants, the largest include Dakota County Technical College Foundation ($541,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DAKOTA COUNTY TECHNICAL COLLEGE FOUNDATION ROSEMOUNT, MN | SCHOLARSHIPS FOR EDUCATIONAL PURPOSES | $541,000 |
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 |
Frequently Asked Questions
How large is Dakota Electric Association?
As of 2024, Dakota Electric Association holds $421.7M in total assets with $230.0M in annual revenue. It awarded 1 grants totaling $541K in 2024.
Where does Dakota Electric Association operate?
Dakota Electric Association has awarded grants in Minnesota.
What size grants does Dakota Electric Association award?
In 2024, Dakota Electric Association awarded 1 grants totaling $541K — an average of about $541K per grant, based on its IRS Form 990 filings.
What is Dakota Electric Association's EIN?
Dakota Electric Association's EIN (Employer Identification Number) is 41-0212180. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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