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Organizations Capital Electric Cooperative Inc.

Capital Electric Cooperative Inc.

Fiscal year ending 2019. Filed on April 23, 2020.

PO Box 730
Bismarck, North Dakota 58502

Capital Electric Cooperative Inc. (EIN: 45-0217628) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Capital Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 39 total employees. Among the employees shown here, the average compensation is $110,584. The highest compensated employee at Capital Electric Cooperative Inc. is Paul Fitterer with fiscal year 2019 compensation of $193,158.

Revenue, expenses, and employee compensation

Revenue

$40,140,299

Expenses

$39,373,096

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul Fitterer
General Manager
$193,158
$193,158 No related compNo other comp
Luke Steen
Business Manager
$118,083
$118,083 No related compNo other comp
Rick Dressler
Operations Manager
$117,647
$117,647 No related compNo other comp
Jesse Goehring
Lead Lineworker
$102,572
$102,572 No related compNo other comp
Matt Hagen
Lead Lineworker
$102,311
$102,311 No related compNo other comp
Greg Owen
Engineering Manager (Starting 04/01/19)
$80,808
$80,808 No related compNo other comp
Ron Lipp
Manager of Engineering and Operations (Thru 04/18/19)
$59,509
$59,509 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Deon Vilhauer
Director
$14,735
$14,735 No related compNo other comp
David Charles
Assistant Secretary and Treasurer
$11,735
$11,735 No related compNo other comp
Dwight Wrangham
Director
$8,560
$8,560 No related compNo other comp
Richard Koski
President
$8,410
$8,410 No related compNo other comp
Arlene Olson
Vice President
$8,060
$8,060 No related compNo other comp
Rex Hollenbeck
Director
$7,335
$7,335 No related compNo other comp
William Patrie
Director
$6,835
$6,835 No related compNo other comp
Kyle Hilken
Director
$5,910
$5,910 No related compNo other comp
Sheri Haugen-Hoffart
Secretary and Treasurer
$5,060
$5,060 No related compNo other comp

Contractors

Summit Utility Services
Line Location
$165,857

Mission Statement

CAPITAL ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND EFFICIENT ELECTRIC POWER AT A REASONABLE COST TO ALL MEMBER OWNERS.

Revisions to this organization profile

September 22, 2025:
2024 Capital Electric Cooperative Inc. 990 filed
September 30, 2024:
2023 Capital Electric Cooperative Inc. 990 filed
August 3, 2023:
2022 Capital Electric Cooperative Inc. 990 filed

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