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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 2023. Filed on November 5, 2024.

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 2023 IRS Form 990 filing, Verendrye Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 71 total employees. Among the employees shown here, the average compensation is $226,665. The highest compensated employee at Verendrye Electric Cooperative Inc. is Randy Hauck with fiscal year 2023 compensation of $391,901.

Revenue, expenses, and employee compensation

Revenue

$58,329,631

Expenses

$56,474,366

Employee compensation

$10,868,682
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Randy Hauck
General Manager
$391,901
$270,577 No related comp$121,324
Brad Doll
Engineering Manager
$254,516
$179,781 No related comp$74,735
Christel Laskowski
Business Manager
$227,083
$168,011 No related comp$59,072
Tim Krumwiede
Operations Manager
$225,969
$152,671 No related comp$73,298
Dj Randolph
Computer Engineer
$205,253
$134,772 No related comp$70,481
Rick Erickson
AREA Foreman
$187,370
$126,330 No related comp$61,040
Bryan Schwan
Lineman
$187,288
$128,080 No related comp$59,208
Curt Peterson
Lineman
$181,889
$129,214 No related comp$52,675
Tom Rafferty
Member Service Manager
$178,717
$128,530 No related comp$50,187

Benchmark Employee Compensation

Non-Employee Board Members

Karen Hennessy
Vice President
$23,813
$23,813 No related compNo other comp
Maxine Rognlien
Assistant Secretary and Treasurer
$23,413
$23,413 No related compNo other comp
Clint Gjellstad
Director
$12,413
$12,413 No related compNo other comp
Ken Schild
Director
$10,613
$10,613 No related compNo other comp
Blaine Bruner
President
$10,013
$10,013 No related compNo other comp
Shawn Kaylor
Secretary and Treasurer
$9,813
$9,813 No related compNo other comp
Jon Hansen
Director
$9,213
$9,213 No related compNo other comp
Robert Wolf
Director
$6,613
$6,613 No related compNo other comp
Robert Hargrave
Director
$6,206
$6,206 No related compNo other comp

Contractors

Central Trenching Inc.
Digging and Trenching
$1,931,176
Summit Utility Services LLC
Line Locating
$270,751

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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