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Mckenzie Electric Cooperative INC

501(c)Fed auditsIRS 990
DBA: % PERATIVE INC
Other · WATFORD CITY, ND · EIN 45-0217439

About

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.

In care of Perative INC

Donations are NOT tax-deductible
Category
Other
Employees
77
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$478.7M
Expenses
$478.7M
Assets
$646.8M
Liabilities
$181.7M

Financial history

$478.7M$239.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $478.7M · Avg: $351.6M
MCKENZIE ELECTRIC COOPERATIVE INC
Your actions

Address

PO BOX 649
Watford City, ND, 58854-064

Governance

Voting board members9
Independent members8
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.