Overview

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Est.

1940

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NORTH ITASCA ELECTRIC COOPERATIVE INC is a nonprofit organization dedicated to providing electrical energy to its member-owners, primarily operating in the public utilities sector. With an operating budget of $9.3 million and total revenue of $9.7 million for the filing year 2024, the cooperative focuses on delivering reliable energy services while ensuring community engagement. More information about their initiatives and services can be found on their website, www.northitascaelectric.com.

Mission Statement

THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE ELECTRICAL ENERGY TO MEMBER-OWNERS.
Revenues
$9.7M
Expenses
$9.7M
Net Income:
-$49
Assets
$36.9M
Liabilities
$24.8M
Net Assets:
+$12M
Operating Budget
$9.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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B
Brad Dolinski
Board Member
T
Tina Danielson
Board Member
L
Lloyd Kongsjord
Board Member

Frequently Asked Questions

What is NORTH ITASCA ELECTRIC COOPERATIVE INC’s budget?
In 2024, NORTH ITASCA ELECTRIC COOPERATIVE INC reported an annual operating budget of around $9.3 million. More detailed financial information is available to registered users.
What causes does NORTH ITASCA ELECTRIC COOPERATIVE INC support?
NORTH ITASCA ELECTRIC COOPERATIVE INC supports work in Public utilities.
Where does NORTH ITASCA ELECTRIC COOPERATIVE INC operate?
NORTH ITASCA ELECTRIC COOPERATIVE INC is headquartered in Bigfork, MN.