Civic Intelligence

Nodak Electric Trust

990EZ • Fiscal year 2022 • EIN 45-0453582

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 07, 2025

Organization Profile
PO Box 13000 4000 32nd Ave SGrand Forks, ND 58208

(701) 746-4461

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE T • <$500k nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE T • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

4.5%

Higher net margin than 55% of similar nonprofits.

2022 filings • NTEE T • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$315

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2022 filings • NTEE T • <$500k nonprofits • Source year 2022

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2022 filings • NTEE T • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

1.1%

Faster revenue growth than 56% of similar nonprofits.

2022 filings • NTEE T • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$15,035

Up $2,268 (+18%) from 2021

Net Assets

Up

$15,035

Up $2,268 (+18%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin55th percentile

Revenue

Up

$50,203

Up $538 (+1.1%) from 2021

Expenses

Down

$47,935

Down $2,283 (-4.5%) from 2021

Net Income

Up

$2,268

Up $2,821 (+510%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0Assets 2011: $16,120Liabilities 2011: $02011Assets 2012: $13,747Liabilities 2012: $02012Assets 2013: $12,037Liabilities 2013: $02013Assets 2014: $11,769Liabilities 2014: $02014Assets 2015: $12,287Liabilities 2015: $02015Assets 2016: $19,012Liabilities 2016: $02016Assets 2017: $19,799Liabilities 2017: $02017Assets 2018: $16,049Liabilities 2018: $02018Assets 2021: $12,767Liabilities 2021: $0Net Assets 2021: $12,7672021Assets 2022: $15,035Liabilities 2022: $0Net Assets 2022: $15,0352022Assets 2023: $8,988Liabilities 2023: $0Net Assets 2023: $8,9882023Assets 2024: $14,469Liabilities 2024: $0Net Assets 2024: $14,4692024

Highlighted filing

2022

Assets$15,035
Liabilities$0
Net Assets$15,035
Open 2022 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $46,950Expenses 2011: $41,585Net Income 2011: $5,3652011Revenue 2012: $49,630Expenses 2012: $52,003Net Income 2012: -$2,3732012Revenue 2013: $48,002Expenses 2013: $49,712Net Income 2013: -$1,7102013Revenue 2014: $46,202Expenses 2014: $46,470Net Income 2014: -$2682014Revenue 2015: $49,006Expenses 2015: $48,488Net Income 2015: $5182015Revenue 2016: $49,774Expenses 2016: $43,049Net Income 2016: $6,7252016Revenue 2017: $50,498Expenses 2017: $49,711Net Income 2017: $7872017Revenue 2018: $51,633Expenses 2018: $55,382Net Income 2018: -$3,7492018Revenue 2021: $49,665Expenses 2021: $50,218Net Income 2021: -$5532021Revenue 2022: $50,203Expenses 2022: $47,935Net Income 2022: $2,2682022Revenue 2023: $44,203Expenses 2023: $50,251Net Income 2023: -$6,0482023Revenue 2024: $51,958Expenses 2024: $46,477Net Income 2024: $5,4812024

Highlighted filing

2022

Revenue$50,203
Expenses$47,935
Net Income$2,268
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 7, 2025
Return Version
2022v5.0
Gross Receipts
$50,203
Mission and Program Overview

Mission

Charitable trust

Program Services

DescriptionGrantsExpenses
NODAK ELECTRIC TRUST IS NODAK ELECTRIC COOPERATIVE MEMBERS WHO ROUND THEIR MONTHLY ELECTRIC BILL UP TO THE NEAREST DOLLAR. THOSE FUNDS ARE THEN DISBURSED TO INDIVIDUALS AND NONPROFITS IN NEED.$46,664$0
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORRINE BERGDirector-$315-$315
PAM MONTAGDirector-$285-$285
MAUREEN PUPPEDirector-$233-$233
MARGARET ESTVOLDDirector-$220-$220
WAYNE REINHARTDirector-$128-$128
Filing and Contact Details

Filer

Filer Name
Nodak Electric Trust
EIN
45-0453582
Phone
7017464461
Address
PO Box 13000 4000 32nd Ave S, Grand Forks, ND 58208

Signing Officer

Name
Michelle Markuson
Title
Accountant
Phone
7017464461
Signed
2025-07-07
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
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHELLE MARKUSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07017464461
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0Nodak Electric Cooperative
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO Box 13000 4000 32nd Ave S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Grand Forks
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058208
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1285
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2233
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt3220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt4128
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CORRINE BERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAM MONTAG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MAUREEN PUPPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARGARET ESTVOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WAYNE REINHART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Charitable trust
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NODAK ELECTRIC TRUST IS NODAK ELECTRIC COOPERATIVE MEMBERS WHO ROUND THEIR MONTHLY ELECTRIC BILL UP TO THE NEAREST DOLLAR. THOSE FUNDS ARE THEN DISBURSED TO INDIVIDUALS AND NONPROFITS IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt046664
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt01183
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047935
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt050203
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Altru Ambulance 125.00 Janet Bennett 1399.00 Joanne Close 2500.00 Deandre Davis 995.00 Jaxon & Grace Hesse 1500.00 Simon Knutson 1000.00 William Newland 2195.00 Pembina Co. Backpack Program 1000.00 Aneta Ambulance 125.00 Binford Ambulance 125.00 Cooperstown Ambulance 125.00 Drayton Ambulance 125.00 Emerado Ambulance 125.00 Finley Ambulance 125.00 Fordville Ambulance 125.00 Hillsboro Ambulance 125.00 Hoople Ambulance 125.00 Hope Ambulance 125.00 Lake Region Ambulance 125.00 Lakota Ambulance 125.00 Larimore Ambulance 125.00 McVille Ambulance 125.00 Michigan Ambulance 125.00 Northwood Ambulance 125.00 Park River Ambulance 125.00 Pembina County Ambulance 125.00 Valley Ambulance 125.00 West Traill Ambulance 125.00 Dakota Prairie High School 50.00 Hatton-Northwood HS 50.00 Larimore High School 50.00 Minto High School 50.00 Red River High School 50.00 Cavalier High School 50.00 Park River High School 50.00 Thompson High School 50.00 GF Central High School 50.00 Valley-Edinburg High School 50.00 Central Valley High School 50.00 Devils Lake High School 50.00 North Border Walhalla HS 50.00 Houriya Ali 268.00 Altru Health System 1700.00 Diane Curtiss 2000.00 Jamie Dunn 1200.00 Gary Edwards 2000.00 Robert Gemmill 648.00 Ava John 1000.00 Simon Knutson 1500.00 Francine McClendon 750.00 Dean Skjerven 1000.00 Ray Helgoe 450.00 Troy Hruby 1450.00 Charlotte Mitchell 2087.00 Leila Roberts 2000.00 McKinley Salazar 416.00 Veteran's Honor Flight 3000.00 Mohammed Alsarray 247.00 Kyra Burns 100.00 Kyanne Stringer 200.00 Nova Stringer 200.00 Waris Aden 2500.00 Colton Buchls 800.00 Christmas Angel Program 300.00 Titus Ewals 240.00 Theresia Hoffner 2144.00 Raymond Merrick 1714.00 Joshua Rodriquez 952.00 Betty Rolland 1714.00 BreAnn Ziegelmann 220.00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt052277
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051632
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0256030
IRS990ScheduleA/TotalSupportAmt0256030
ReasonableCauseExplanation/ExplanationTxt02022 990ez was mailed and apparently not received. I didn't receive any correspondence regarding the filing. I am filing.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michelle Markuson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accountant
ReturnHeader/BusinessOfficerGrp/PhoneNum07017464461
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NODAK ELECTRIC TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NODA
ReturnHeader/Filer/EIN0450453582
ReturnHeader/Filer/PhoneNum07017464461
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 13000 4000 32nd Ave S
ReturnHeader/Filer/USAddress/CityNm0Grand Forks
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058208
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02025-07-07T17:31:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,035
Liabilities
$0
Net assets
$15,035
Revenue
$50,203
Expenses
$47,935
Net income
$2,268
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.5$0.00$14.5$52.0$46.5$5.48
2023Detailed filing. Detailed filing data is available for this year.$8.99$0.00$8.99$44.2$50.3$6.05
2022Detailed filing. Detailed filing data is available for this year.$15.0$0.00$15.0$50.2$47.9$2.27
2021Detailed filing. Detailed filing data is available for this year.$12.8$0.00$12.8$49.7$50.2$0.55
2018Summary only. Only limited summary data is available for this year.$16.0$0.00$51.6$55.4$3.75
2017Summary only. Only limited summary data is available for this year.$19.8$0.00$50.5$49.7$0.79
2016Summary only. Only limited summary data is available for this year.$19.0$0.00$49.8$43.0$6.73
2015Summary only. Only limited summary data is available for this year.$12.3$0.00$49.0$48.5$0.52
2014Summary only. Only limited summary data is available for this year.$11.8$0.00$46.2$46.5$0.27
2013Summary only. Only limited summary data is available for this year.$12.0$0.00$48.0$49.7$1.71
2012Summary only. Only limited summary data is available for this year.$13.7$0.00$49.6$52.0$2.37
2011Summary only. Only limited summary data is available for this year.$16.1$0.00$47.0$41.6$5.37
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits