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Dakota Electric Association

501(c)
Other · FARMINGTON, MN · EIN 41-0212180

About

We are a member-owned, member-focused electric distribution cooperative, striving to exceed our member's energy expectations in a changing world.

Donations are NOT tax-deductible
Category
Other
Employees
218
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$230.0M
Expenses
$229.7M
Assets
$421.7M
Liabilities
$227.6M

Financial history

$231.6M$115.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $230.0M · Peak FY2023: $231.6M · Avg: $217.6M
DAKOTA ELECTRIC ASSOCIATION
Your actions

Address

4300 220th ST W
Farmington, MN, 55024-900

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.