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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 Verendrye Electric Cooperative Inc.

Verendrye Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

615 Hwy 52 W
Velva, North Dakota 58790

Verendrye Electric Cooperative Inc. (EIN: 45-0206162) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Verendrye Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 68 total employees. Among the employees shown here, the average compensation is $223,045. The highest compensated employee at Verendrye Electric Cooperative Inc. is Brad Doll with fiscal year 2024 compensation of $331,622.

Revenue, expenses, and employee compensation

Revenue

$57,430,112

Expenses

$55,790,750

Employee compensation

$11,356,732
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brad Doll
General Manager
$331,622
$234,971 No related comp$96,651
Christel Laskowski
Business Manager
$246,630
$182,313 No related comp$64,317
Tim Krumwiede
Operations Manager
$237,536
$159,841 No related comp$77,695
Dj Randolph
Computer Engineer
$214,895
$141,486 No related comp$73,409
Rick Erickson
AREA Foreman
$190,906
$126,069 No related comp$64,837
Bryan Schwan
Lineman
$189,925
$127,151 No related comp$62,774
Curt Peterson
Lineman
$187,127
$131,065 No related comp$56,062
Tom Rafferty
Member Service Manager
$185,722
$133,860 No related comp$51,862

Benchmark Employee Compensation

Non-Employee Board Members

Robert Hargrave
Director
$17,713
$17,713 No related compNo other comp
Maxine Rognlien
Assistant Secretary and Treasurer
$16,613
$16,613 No related compNo other comp
Karen Hennessy
Vice President
$15,813
$15,813 No related compNo other comp
Clint Gjellstad
President
$11,713
$11,713 No related compNo other comp
Shawn Kaylor
Secretary and Treasurer
$10,013
$10,013 No related compNo other comp
Jon Hansen
Director
$9,213
$9,213 No related compNo other comp
Blaine Bruner
Director
$8,213
$8,213 No related compNo other comp
Ken Schild
Director
$8,013
$8,013 No related compNo other comp
Robert Wolf
Director
$6,713
$6,713 No related compNo other comp

Contractors

Central Trenching Inc.
Digging and Trenching
$1,862,629
Summit Utility Services LLC
Line Locating
$212,407

Mission Statement

TO PROVIDE QUALITY ELECTRIC SERVICE AT A COMPETITIVE COST STRENGTHEN THE AREA ECONOMY & LEAD IN IMPROVING THE REGIONS QUALITY OF LIFE THROUGH INNOVATION WHILE OPERATING WITHIN THE COOPERATIVE PRINCIPLES

Revisions to this organization profile

November 5, 2025:
2024 Verendrye Electric Cooperative Inc. 990 filed
November 5, 2024:
2023 Verendrye Electric Cooperative Inc. 990 filed
November 8, 2023:
2022 Verendrye Electric Cooperative Inc. 990 filed

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