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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mckenzie Electric Cooperative Inc.

Mckenzie Electric Cooperative Inc.

Fiscal year ending 2024. Filed on September 2, 2025.

3817 23rd Ave NE
Watford City, North Dakota 58854

Mckenzie Electric Cooperative Inc. (EIN: 45-0217439) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Mckenzie Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 77 total employees. Among the employees shown here, the average compensation is $212,162. The highest compensated employee at Mckenzie Electric Cooperative Inc. is Matt Hanson with fiscal year 2024 compensation of $321,610.

Revenue, expenses, and employee compensation

Revenue

$478,726,576

Expenses

$478,726,576

Employee compensation

$9,531,899
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matt Hanson
Chief Executive Officer
$321,610
$283,665 No related comp$37,945
Jamie Cross
Director of Accounting and Finance
$222,022
$179,048 No related comp$42,974
Karl Aaker
Director of Engineering SE
$217,187
$180,378 No related comp$36,809
Zane Frick
Operations Director
$210,196
$177,111 No related comp$33,085
James Hansen
Construction Manager
$178,177
$146,333 No related comp$31,844
Austin Fiechtner
Substation Technician Foreman
$177,458
$159,470 No related comp$17,988
Ryan Zastoupil
Journeyman Lineman
$158,482
$149,646 No related comp$8,836

Benchmark Employee Compensation

Non-Employee Board Members

Ken Sanford
Director
$31,875
$31,875 No related compNo other comp
Ray Tescher
Vice President
$31,525
$31,525 No related compNo other comp
Tim Wasem
Secretary and Treasurer
$31,125
$31,125 No related compNo other comp
Chris Link
President
$30,725
$30,725 No related compNo other comp
Travis Thompson
Director at-large
$30,325
$30,325 No related compNo other comp
Richard Jore
Director
$29,475
$29,475 No related compNo other comp
Cameron Wahlstrom
Director
$29,175
$29,175 No related compNo other comp
Clayton Monsen
Director
$28,275
$28,275 No related compNo other comp
Stephen Kershisnik
Director
$26,575
$26,575 No related compNo other comp

Contractors

Highmark Erectors Inc.
Electrical Contractor
$7,122,043
Badlands Electric Inc.
Line Construction
$6,640,264
Stoel Rives LLP
Legal
$5,556,490
4T Construction Inc.
Line Construction
$5,219,858
Mountain Plains LLC
Civil Engineering
$3,162,206

Mission Statement

TO MAKE AVAILABLE AND TO SERVE ALL CONSUMERS WITHIN ITS BOUNDARIES WITH ELECTRIC ENERGY. TO ENSURE AN ADEQUATE SOURCE OF CENTRAL STATION POWER AND WORK TO MAKE THAT ENERGY AS RELIABLE AS POSSIBLE AT THE LOWEST COST POSSIBLE.

Revisions to this organization profile

September 2, 2025:
2024 Mckenzie Electric Cooperative Inc. 990 filed
September 26, 2024:
2023 Mckenzie Electric Cooperative Inc. 990 filed
October 26, 2023:
2022 Mckenzie Electric Cooperative Inc. 990 filed

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