Civic Intelligence

Verendrye Electric Trust Inc

EIN 45-0442077 • 501(c)3 • Velva, ND

Profile

The trust is the accumulation and disbursement of funds within the exterior geographical boundaries of the area served by verendrye electric cooperative solely for charitable educational economical health safety and scientific purposes.

615 Highway 52 WestVelva, ND 58790-7417

www.verendrye.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-24%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

-1.1%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$22,951

Down $7,305 (-24%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$22,951

Down $7,305 (-24%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin30th percentile

Revenue

Down

$68,438

Down $751 (-1.1%) from 2023

Expenses

Up

$75,743

Up $1,338 (+1.8%) from 2023

Net Income

Down

-$7,305

Down $2,089 (-40%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2012: $21,339Liabilities 2012: $02012Assets 2013: $27,316Liabilities 2013: $02013Assets 2014: $25,919Liabilities 2014: $02014Assets 2015: $22,311Liabilities 2015: $02015Assets 2016: $22,667Liabilities 2016: $02016Assets 2017: $22,844Liabilities 2017: $02017Assets 2018: $23,347Liabilities 2018: $02018Assets 2019: $24,373Liabilities 2019: $02019Assets 2020: $27,074Net Assets 2020: $27,0742020Assets 2021: $23,971Net Assets 2021: $23,9712021Assets 2022: $35,472Net Assets 2022: $35,4722022Assets 2023: $30,256Net Assets 2023: $30,2562023Assets 2024: $22,951Net Assets 2024: $22,9512024

Highlighted filing

2024

Assets$22,951
Liabilities-
Net Assets$22,951
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2012: $54,726Expenses 2012: $51,657Net Income 2012: $3,0692012Revenue 2013: $58,941Expenses 2013: $52,964Net Income 2013: $5,9772013Revenue 2014: $62,824Expenses 2014: $64,221Net Income 2014: -$1,3972014Revenue 2015: $65,801Expenses 2015: $69,409Net Income 2015: -$3,6082015Revenue 2016: $66,540Expenses 2016: $66,184Net Income 2016: $3562016Revenue 2017: $68,034Expenses 2017: $67,857Net Income 2017: $1772017Revenue 2018: $68,812Expenses 2018: $68,309Net Income 2018: $5032018Revenue 2019: $68,943Expenses 2019: $67,917Net Income 2019: $1,0262019Revenue 2020: $69,474Expenses 2020: $66,773Net Income 2020: $2,7012020Revenue 2021: $70,204Expenses 2021: $73,307Net Income 2021: -$3,1032021Revenue 2022: $70,146Expenses 2022: $58,645Net Income 2022: $11,5012022Revenue 2023: $69,189Expenses 2023: $74,405Net Income 2023: -$5,2162023Revenue 2024: $68,438Expenses 2024: $75,743Net Income 2024: -$7,3052024

Highlighted filing

2024

Revenue$68,438
Expenses$75,743
Net Income-$7,305
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,951
Liabilities
-
Net assets
$22,951
Revenue
$68,438
Expenses
$75,743
Net income
-$7,305
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.0$23.0$68.4$75.7$7.31
2023Detailed filing. Detailed filing data is available for this year.$30.3$30.3$69.2$74.4$5.22
2022Detailed filing. Detailed filing data is available for this year.$35.5$35.5$70.1$58.6$11.5
2021Detailed filing. Detailed filing data is available for this year.$24.0$24.0$70.2$73.3$3.10
2020Detailed filing. Detailed filing data is available for this year.$27.1$27.1$69.5$66.8$2.70
2019Summary only. Only limited summary data is available for this year.$24.4$0.00$68.9$67.9$1.03
2018Summary only. Only limited summary data is available for this year.$23.3$0.00$68.8$68.3$0.50
2017Summary only. Only limited summary data is available for this year.$22.8$0.00$68.0$67.9$0.18
2016Summary only. Only limited summary data is available for this year.$22.7$0.00$66.5$66.2$0.36
2015Summary only. Only limited summary data is available for this year.$22.3$0.00$65.8$69.4$3.61
2014Summary only. Only limited summary data is available for this year.$25.9$0.00$62.8$64.2$1.40
2013Summary only. Only limited summary data is available for this year.$27.3$0.00$58.9$53.0$5.98
2012Summary only. Only limited summary data is available for this year.$21.3$0.00$54.7$51.7$3.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.1
Gross Receipts
$68,438
Mission and Program Overview

Mission

Thetrustistheaccumulationanddisbursementoffundswithintheexteriorgeographicalboundariesoftheareaservedbyverendryeelectriccooperativesolelyforcharitable,educational,economical,health,safetyandscientificpurposes.

The trust is the accumulation and disbursement of funds within the exterior geographical boundaries of the area served by verendrye electric cooperative solely for charitable educational economical health safety and scientific purposes.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$0$73,789
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
ASHLEY BRUNERPresident-$75-$75
KRISTI HOWEVice President-$75-$75
SANDRA HANRETTYSecretary-$75-$75
LAURIE DANNEWITZDirector-$75-$75
AMANDA ZIETZTreasurer-$50-$50
Filing and Contact Details

Filer

Filer Name
Verendrye Electric Trust Inc
EIN
45-0442077
Address
615 Highway 52 West, Velva, ND 58790-7417

Signing Officer

Name
Tom Rafferty
Title
Member Services Manager
Phone
7013382855
Signed
2025-11-06
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| ALL UNDER $5,000 INDIVIDUALLY, $73789|”

Part I, line 16

“| Other Expenses:, Amount:| MILEAGE, $485| LICENSE, $10| MEALS, $234|”

Part III, Line 28

“| Explanation:| TRUST COLLECTED $68,438 FROM VERENDRYE ELECTRIC COOPERATIVE MEMBERS WHO HAVE THEIR ELECTRIC BILLS ROUNDED UP TO THE NEAREST DOLLAR. TRUST GRANTED FUNDS TOTALING $73,789 TO 50 BOARD APPROVED RECIPIENTS.”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Verendrye Electric Cooperative Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum07013382855
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0615 Highway 52 West
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Velva
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0587907417
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030256
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022951
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt068438
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7305
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030256
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022951
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt073789
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt068438
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030256
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022951
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030256
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022951
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt075
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt175
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt275
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt350
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt475
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ASHLEY BRUNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTI HOWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SANDRA HANRETTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AMANDA ZIETZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LAURIE DANNEWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0729
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE TRUST IS THE ACCUMULATION AND DISBURSEMENT OF FUNDS WITHIN THE EXTERIOR GEOGRAPHICAL BOUNDARIES OF THE AREA SERVED BY VERENDRYE ELECTRIC COOPERATIVE SOLELY FOR CHARITABLE EDUCATIONAL ECONOMICAL HEALTH SAFETY AND SCIENTIFIC PURPOSES.
IRS990EZ/PrintingPublicationsPostageAmt0100
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073789
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0350
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt075743
IRS990EZ/TotalProgramServiceExpensesAmt073789
IRS990EZ/TotalRevenueAmt068438
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.verendrye.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt069189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt070204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt069474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0347451
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0347451
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068438
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt069189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt070146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt070204
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt069474
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0347451
IRS990ScheduleA/TotalSupportAmt0347451
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| ALL UNDER $5,000 INDIVIDUALLY, $73789|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| MILEAGE, $485| LICENSE, $10| MEALS, $234|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:| TRUST COLLECTED $68,438 FROM VERENDRYE ELECTRIC COOPERATIVE MEMBERS WHO HAVE THEIR ELECTRIC BILLS ROUNDED UP TO THE NEAREST DOLLAR. TRUST GRANTED FUNDS TOTALING $73,789 TO 50 BOARD APPROVED RECIPIENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III, Line 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM RAFFERTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER SERVICES MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum07013382855
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERENDRYE ELECTRIC TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0VERE
ReturnHeader/Filer/EIN0450442077
ReturnHeader/Filer/ForeignPhoneNum07013382855
ReturnHeader/Filer/USAddress/AddressLine1Txt0615 Highway 52 West
ReturnHeader/Filer/USAddress/CityNm0Velva
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd0587907417
ReturnHeader/ReturnTs02025-11-05T07:28:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.