{"success":true,"data":{"_id":410445923,"filings":[{"Organization":{"value":null,"Person":["Larry Salmela","Wesley Waller","Lloyd Kongsjord","Roy Bain","Walter Breeze","James Cox","Jeff Kilian","Bruce Leino","Mary Rahier","James White","Brad Dolinski","Tina Danielson","Bruce Carlson","Cody Eischens","Charles Peck","Jerry Pula"],"Title":["President","Vice President","Secretary","Treasurer","Director","Director (Jan-Apr)","Director (Jun-Dec)","Director","Director (July-Dec)","Director","CEO","CFO","Lineman/Foreman","Lineman","Lineman/Foreman","Lineman/Foreman"],"Hours":[9.7,5.6,6.2,6.0,3.8,0.2,6.0,12.3,6.5,5.1,40.0,40.0,40.0,46.8,47.1,40.0],"Total Compensation":[9530,5659,13158,6434,5372,840,4143,7477,3840,8734,185806,197318,159458,135850,156426,167939],"Direct compensation":[9320,5380,6480,6260,5260,840,4000,7360,2800,7580,127763,92824,103140,101747,100521,101611],"Other compensation":[210,279,6678,174,112,0,143,117,1040,1154,58043,104494,56318,34103,55905,66328]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2019,"name":"North Itasca Electric Cooperative Inc","phone":2187433131,"website":"www.northitascaelectric.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Brad Dolinski","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"301 Main Avenue, Bigfork, MN, 566280227, USA","city":"Bigfork","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":18,"Total Gross UBI":-48292,"Net unrelated business taxable income":0,"Number of employees":18,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8933222,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8950677,"Total revenue":{"value":8950677,"Electric Sales":8760773,"Captial Credits":189063,"Northland Connect LLC":841},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":43990,"Investment income total":40368,"Net investment gain":3622,"Income from invest bond proceeds":0},"Other revenues":{"value":-61445,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-61445,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8933157,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":406298,"Benefits paid to members Total":406298},"Salaries":{"value":1740929,"Current officers":378945,"Disqualified persons":0,"Other salaries and wages":1041691,"Pension plan contributions":223006,"Other employee benefits":0,"Payroll taxes":97287},"Other expenses":{"value":6785930,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":697250,"Payments to affiliates":0,"Depreciation and depletion":1050219,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6750089,"Cost of Power":4254467,"Distribution":1247118,"Administration & Genera":827841,"Customer Accounts & Ser":420663},"All other expenses":-1711628},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":31762404,"Non-interest bearing cash":0,"Savings and temp cash investments":1167891,"Pledges and grants receivable":0,"Accounts receivable":912330,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":34285,"Inventories for sale or use":429641,"Prepaid expenses deferred charges":370682,"Land, building, equipment":25248918,"Investments publicly traded":0,"Investments other":192099,"Investments program related":3402470,"Intangible assets":361,"Other assets":3727},"Liabilities":{"value":20857451,"Sum of Total Liabilities":0,"Accounts payable, accrued":1324714,"Grants payable":0,"Deferred, revenue":104954,"Tax exempt bond liabilities":0,"Escrow account liability":1933,"Loans from officers, directors":0,"Secured mortgages and notes payable":19425850,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":10904953,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":7.27621008411075e-06,"percentile":0.39414459352242115},"Liabilities to Assets Ratio":{"score":0.6566710441690748,"percentile":0.10115685320197368},"Operating Reserve Ratio":{"score":3.5555631676461075,"percentile":0.7468471234023927},"Officer Compensation Ratio":{"score":0.11955280759086626,"percentile":0.49114818853975023},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.02218457389702716,"percentile":0.4757933631610053},"Asset Growth":{"score":0.0380796752623371,"percentile":0.4794754553556985},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.45619954427986,"percentile":0.22363446959962865}},"source_xml":"202031549349300138_public.xml"},{"Organization":{"value":null,"Person":["LARRY SALMELA","WESLEY WALLER","LLOYD KONGSJORD","ROY BAIN","JEFFREY KILLIAN","BRUCE LEINO","MARY RAHIER","JAMES WHITE","TODD CHRISTENSEN","BRAD DOLINSKI","TINA DANIELSON","COLE SERFLING","CODY EISCHENS","JOHN RAHIER JR","JOSHUA HUBBARD"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","FINANCE/OFFICE MANAGER","LINEMAN","LINEMAN","LINEMAN/LEAD","LINEMAN"],"Hours":[8.5,5.6,8.5,6.5,5.6,6.5,3.0,4.4,4.1,40.0,40.0,47.0,47.1,48.3,46.0],"Total Compensation":[9524,5650,11595,6969,7172,7474,7352,8082,6512,257220,271597,149889,162390,181331,144598],"Direct compensation":[9524,5650,11595,6969,7172,7474,7352,8082,6512,153096,105880,112474,113842,120617,109798],"Other compensation":[0,0,0,0,0,0,0,0,0,104124,165717,37415,48548,60714,34800]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2022,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":24,"Total Gross UBI":6141,"Net unrelated business taxable income":0,"Number of employees":24,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9342322,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":9150867,"Total revenue":9150867,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":21734,"Investment income total":21734,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":169721,"Other total":176285,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-6564,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":9343985,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":501390,"Benefits paid to members Total":501390},"Salaries":{"value":447751,"Current officers":447751,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8394844,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":699815,"Payments to affiliates":0,"Depreciation and depletion":1154858,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6511080,"COST OF POWER":4366790,"DISTRIBUTION":1208681,"CUSTOMER ACCOUNTS":469142,"ADMINISTRATIVE & GENERA":466467},"All other expenses":29091},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":34073699,"Non-interest bearing cash":0,"Savings and temp cash investments":1034465,"Pledges and grants receivable":0,"Accounts receivable":1309756,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":54964,"Inventories for sale or use":474618,"Prepaid expenses deferred charges":232856,"Land, building, equipment":27216673,"Investments publicly traded":0,"Investments other":209045,"Investments program related":3537212,"Intangible assets":361,"Other assets":3749},"Liabilities":{"value":22479512,"Sum of Total Liabilities":0,"Accounts payable, accrued":1128459,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":4074,"Loans from officers, directors":0,"Secured mortgages and notes payable":21221989,"Unsecured notes loans payable":0,"Other liabilities":124990},"Fund balance":{"value":11594187,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.00017800713784003593,"percentile":0.38584386710441015},"Liabilities to Assets Ratio":{"score":0.6597320707681311,"percentile":0.10062488426551826},"Operating Reserve Ratio":{"score":3.646591791403775,"percentile":0.7516597251679833},"Officer Compensation Ratio":{"score":0.13242262268186433,"percentile":0.4554615840320149},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.01921338012544216,"percentile":0.46063567601224126},"Asset Growth":{"score":0.0297543898729096,"percentile":0.4449231768179393},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5155324937956602,"percentile":0.361606700926709}},"source_xml":"202342929349300614_public.xml"},{"Organization":{"value":null,"Person":["TERENCE SCHMITZ","WESLEY WALLER","LARRY SALMELA","ROY BAIN","WALTER BREEZE","JAMES COX","BRUCE LEINO","LLOYD KONGSJORD","JAMES WHITE","ED SHEAREN","JARED ECHTERNACH","CHRIS CORRADI"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","CFO"],"Hours":[4.0,7.6,7.9,3.8,6.1,3.4,9.2,3.9,5.4,1.0,40.0,40.0],"Total Compensation":[15088,8592,17799,5833,6319,4447,8056,6049,18945,2059,186612,112630],"Direct compensation":[15088,8592,17799,5833,6319,4447,8056,6049,18945,2059,135016,77230],"Other compensation":[0,0,0,0,0,0,0,0,0,0,51596,35400]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2014,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JARED ECHTERNACH","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":18,"Total Gross UBI":-31706,"Net unrelated business taxable income":-31706,"Number of employees":18,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8495520,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8111810,"Total revenue":8111810,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":61832,"Investment income total":66382,"Net investment gain":-4550,"Income from invest bond proceeds":0},"Other revenues":{"value":321878,"Other total":382865,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-60987,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8487886,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":806004,"Benefits paid to members Total":806004},"Salaries":{"value":391781,"Current officers":391781,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":7290101,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":644458,"Payments to affiliates":0,"Depreciation and depletion":736508,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6256089,"COST OF POWER":4109870,"DISTRIBUTION - OPER & M":903541,"ADMIN & GENERAL":742694,"CUSTOMER ACCOUNTS & SER":499984},"All other expenses":-346954},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":26348480,"Non-interest bearing cash":1,"Savings and temp cash investments":602011,"Pledges and grants receivable":0,"Accounts receivable":782622,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":30734,"Inventories for sale or use":314824,"Prepaid expenses deferred charges":593620,"Land, building, equipment":20976484,"Investments publicly traded":0,"Investments other":218794,"Investments program related":2826218,"Intangible assets":361,"Other assets":2811},"Liabilities":{"value":15999559,"Sum of Total Liabilities":0,"Accounts payable, accrued":1072638,"Grants payable":0,"Deferred, revenue":58512,"Tax exempt bond liabilities":0,"Escrow account liability":1690,"Loans from officers, directors":0,"Secured mortgages and notes payable":14466719,"Unsecured notes loans payable":0,"Other liabilities":400000},"Fund balance":{"value":10348921,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0008985912575098405,"percentile":0.3976449243979482},"Liabilities to Assets Ratio":{"score":0.607228917948967,"percentile":0.11071549719533359},"Operating Reserve Ratio":{"score":3.1042452737937336,"percentile":0.7195833928660565},"Officer Compensation Ratio":{"score":0.04623400926921026,"percentile":0.7754898910745395},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4728048866181229,"percentile":0.2585229971384192}},"source_xml":"201542519349300519_public.xml"},{"Organization":{"value":null,"Person":["Larry Salmela","Terry Schmitz","Lloyd Kongsjord","Roy Bain","Bruce Leino","James White","Wes Waller","James Cox","Walter Breeze","Dan Hoskins","Chris Corradi","Brad Dolinski","Joel Karels","Tina Danielson"],"Title":["President","Vice President","Secretary","Treasurer","Director","Director","Director","Director","Director","Interim CEO (May-Jul)","CEO (Jan-May)","CEO (Aug-Dec)","CFO (Jan-May)","CFO (Jun-Dec)"],"Hours":[10.5,5.5,7.0,7.5,10.4,6.2,7.4,4.1,8.0,40.0,40.0,40.0,40.0,40.0],"Total Compensation":[12176,13577,13173,9003,7480,19048,7205,6728,7255,49092,98777,44550,131251,98434],"Direct compensation":[12176,13577,13173,9003,7480,19048,7205,6728,7255,49092,56460,36762,103911,73671],"Other compensation":[0,0,0,0,0,0,0,0,0,0,42317,7788,27340,24763]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2017,"name":"North Itasca Electric Cooperative Inc","phone":2187433131,"website":"www.northitascaelectric.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Brad Dolinski","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"301 Main Avenue, Bigfork, MN, 566280227, USA","city":"Bigfork","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":20,"Total Gross UBI":-28338,"Net unrelated business taxable income":-28338,"Number of employees":20,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8712856,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8739767,"Total revenue":{"value":8739767,"Electric Sales":8431291,"Capital Credits":275121,"Northland Connect LLC":33355},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":50138,"Investment income total":50138,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":-77049,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-77049,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8704443,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":442930,"Benefits paid to members Total":442930},"Salaries":{"value":1724325,"Current officers":479476,"Disqualified persons":0,"Other salaries and wages":964458,"Pension plan contributions":186606,"Other employee benefits":0,"Payroll taxes":93785},"Other expenses":{"value":6537188,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":706199,"Payments to affiliates":0,"Depreciation and depletion":1001818,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6517565,"Cost of Power":4187317,"Distribution":1044080,"Administration & Genera":804035,"Customer Accounts & Ser":482133},"All other expenses":-1688394},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":30266480,"Non-interest bearing cash":0,"Savings and temp cash investments":1089889,"Pledges and grants receivable":0,"Accounts receivable":985050,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":26905,"Inventories for sale or use":326702,"Prepaid expenses deferred charges":441531,"Land, building, equipment":23927350,"Investments publicly traded":0,"Investments other":204288,"Investments program related":3261155,"Intangible assets":361,"Other assets":3249},"Liabilities":{"value":19987214,"Sum of Total Liabilities":0,"Accounts payable, accrued":1399190,"Grants payable":0,"Deferred, revenue":68185,"Tax exempt bond liabilities":0,"Escrow account liability":1853,"Loans from officers, directors":0,"Secured mortgages and notes payable":17675903,"Unsecured notes loans payable":842083,"Other liabilities":0},"Fund balance":{"value":10279266,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0009655846487076109,"percentile":0.3978680895978726},"Liabilities to Assets Ratio":{"score":0.6603745794026924,"percentile":0.10051345141937587},"Operating Reserve Ratio":{"score":3.477130012799211,"percentile":0.7425508648597415},"Officer Compensation Ratio":{"score":0.05948100297744497,"percentile":0.7116930649210983},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.022228704170102944,"percentile":0.47601537690122014},"Asset Growth":{"score":0.05262602012697573,"percentile":0.5367826922920568},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4739769294800572,"percentile":0.2610790013484967}},"source_xml":"201843069349301199_public.xml"},{"Organization":{"value":null,"Person":["LARRY SALMELA","WESLEY WALLER","LLOYD KONGSJORD","ROY BAIN","JEFFREY KILLIAN","BRUCE LEINO","MARY RAHIER","JAMES WHITE","TODD CHRISTENSEN","BRAD DOLINSKI","TINA DANIELSON","DARYL PEDERSON","CODY EISCHENS","JOHN RAHIER JR","CHARLES PECK","JAKE BOWERS"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","CFO","LINE SUPERINTENDENT","LINEMAN","LINEMAN/LEAD","LINEMAN/LEAD","LINEMAN"],"Hours":[9.8,6.7,11.3,5.7,5.8,7.5,4.4,3.8,5.9,44.0,54.5,42.8,44.0,44.5,44.0,44.8],"Total Compensation":[9750,4998,13755,5553,6960,5717,6520,6989,6420,238278,207919,149918,144432,158230,171279,150045],"Direct compensation":[9750,4998,13755,5553,6960,5717,6520,6989,6420,170821,117368,104346,104399,108121,108880,111428],"Other compensation":[0,0,0,0,0,0,0,0,0,67457,90551,45572,40033,50109,62399,38617]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2023,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":22,"Total Gross UBI":-26123,"Net unrelated business taxable income":0,"Number of employees":22,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9326357,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":9025484,"Total revenue":9025484,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":43823,"Investment income total":39323,"Net investment gain":4500,"Income from invest bond proceeds":0},"Other revenues":{"value":257050,"Other total":302570,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-45520,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":9326357,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":577051,"Benefits paid to members Total":577051},"Salaries":{"value":480452,"Current officers":480452,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8268854,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":753634,"Payments to affiliates":0,"Depreciation and depletion":1201585,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6281844,"COST OF POWER":4155354,"DISTRIBUTION":1105632,"ADMINISTRATIVE & GENERA":512313,"CUSTOMER ACCOUNTS":508545},"All other expenses":31791},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":35556302,"Non-interest bearing cash":0,"Savings and temp cash investments":715670,"Pledges and grants receivable":0,"Accounts receivable":1718217,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":51177,"Inventories for sale or use":538595,"Prepaid expenses deferred charges":254130,"Land, building, equipment":28437267,"Investments publicly traded":0,"Investments other":217099,"Investments program related":3620037,"Intangible assets":361,"Other assets":3749},"Liabilities":{"value":23691675,"Sum of Total Liabilities":0,"Accounts payable, accrued":1231405,"Grants payable":0,"Deferred, revenue":264627,"Tax exempt bond liabilities":0,"Escrow account liability":1662,"Loans from officers, directors":0,"Secured mortgages and notes payable":22088644,"Unsecured notes loans payable":0,"Other liabilities":105337},"Fund balance":{"value":11864627,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.6663143709376751,"percentile":0.09944275383337184},"Operating Reserve Ratio":{"score":3.812453458515474,"percentile":0.7599943737787371},"Officer Compensation Ratio":{"score":0.13797059237599418,"percentile":0.44122699014967665},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.017784932466342954,"percentile":0.45343128814723793},"Asset Growth":{"score":0.03000720505628918,"percentile":0.44597593323141266},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.44944691773569545,"percentile":0.2101781003575126}},"source_xml":"202423129349302652_public.xml"},{"Organization":{"value":null,"Person":["TERENCE SCHMITZ","WESLEY WALLER","LARRY SALMELA","ROY BAIN","WALTER BREEZE","JAMES COX","BRUCE LEINO","LLOYD KONGSJORD","JAMES WHITE","JARED ECHTERNACH","CHRIS CORRADI"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","CFO"],"Hours":[4.0,7.52,7.85,3.8,6.2,3.45,9.18,3.75,5.57,40.0,40.0],"Total Compensation":[11775,9881,10833,7153,6816,5200,8705,4940,9494,199225,116953],"Direct compensation":[11775,9881,10833,7153,6816,5200,8705,4940,9494,133874,77193],"Other compensation":[0,0,0,0,0,0,0,0,0,65351,39760]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2015,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"CHRIS CORRADI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":19,"Total Gross UBI":-12831,"Net unrelated business taxable income":-12831,"Number of employees":19,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":7690612,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":7512835,"Total revenue":7512835,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":58526,"Investment income total":58526,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":119251,"Other total":166915,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-47664,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7684231,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":55175,"Benefits paid to members Total":55175},"Salaries":{"value":373621,"Current officers":373621,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":7255435,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":684157,"Payments to affiliates":0,"Depreciation and depletion":827787,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":5698918,"COST OF POWER":3913999,"DISTRIBUTION - OPER & M":850554,"CUSTOMER ACCOUNTS & SER":547523,"ADMIN & GENERAL":386842},"All other expenses":44573},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":28286608,"Non-interest bearing cash":661859,"Savings and temp cash investments":21236,"Pledges and grants receivable":0,"Accounts receivable":754846,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":26256,"Inventories for sale or use":327834,"Prepaid expenses deferred charges":497941,"Land, building, equipment":22886484,"Investments publicly traded":0,"Investments other":212549,"Investments program related":2894447,"Intangible assets":361,"Other assets":2795},"Liabilities":{"value":18035144,"Sum of Total Liabilities":0,"Accounts payable, accrued":1233686,"Grants payable":0,"Deferred, revenue":79787,"Tax exempt bond liabilities":0,"Escrow account liability":4906,"Loans from officers, directors":0,"Secured mortgages and notes payable":16716765,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":10251464,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0008297129019120976,"percentile":0.39740321304898896},"Liabilities to Assets Ratio":{"score":0.6375859558700004,"percentile":0.10476182867855392},"Operating Reserve Ratio":{"score":3.6811241098816523,"percentile":0.7534621773031687},"Officer Compensation Ratio":{"score":0.05088017265488245,"percentile":0.752460871472059},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.0037982888504236763,"percentile":0.3535799785601359},"Asset Growth":{"score":0.05954828641648184,"percentile":0.5621265062757459},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4667256821828616,"percentile":0.24546099768757712}},"source_xml":"201633209349313953_public.xml"},{"Organization":{"value":null,"Person":["LARRY SALMELA","WESLEY WALLER","LLOYD KONGSJORD","ROY BAIN","JEFFREY KILLIAN","BRUCE LEINO","MARY RAHIER","JAMES WHITE","TODD CHRISTENSEN","WALTER BREEZE","BRAD DOLINSKI","TINA DANIELSON","BRUCE CARLSON","CODY EISCHENS","CHARLES PECK"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","FINANCE MANAGER","LINEMAN/FOREMAN","LINEMAN","LINEMAN"],"Hours":[9.83,6.04,7.5,5.16,4.19,9.17,3.36,4.19,4.36,4.3,40.0,40.0,45.8,46.0,45.1],"Total Compensation":[7776,4768,11804,5019,5008,5061,7403,6677,5454,1658,239542,234251,175384,145434,170826],"Direct compensation":[7776,4768,11804,5019,5008,5061,7403,6677,5454,1658,147054,101691,104623,102906,101499],"Other compensation":[0,0,0,0,0,0,0,0,0,0,92488,132560,70761,42528,69327]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2020,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":17,"Total Gross UBI":-22029,"Net unrelated business taxable income":0,"Number of employees":17,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8922668,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8738387,"Total revenue":8738387,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":34012,"Investment income total":34012,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":150269,"Other total":183890,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-33621,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8900682,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":405016,"Benefits paid to members Total":405016},"Salaries":{"value":428880,"Current officers":428880,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8066786,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":691048,"Payments to affiliates":0,"Depreciation and depletion":1094927,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6229945,"COST OF POWER":4228006,"DISTRIBUTION":1167425,"ADMINISTRATIVE & GENERA":425452,"CUSTOMER ACCOUNTS":409062},"All other expenses":50866},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":31085711,"Non-interest bearing cash":0,"Savings and temp cash investments":572443,"Pledges and grants receivable":0,"Accounts receivable":869919,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":34603,"Inventories for sale or use":211117,"Prepaid expenses deferred charges":284282,"Land, building, equipment":25461293,"Investments publicly traded":0,"Investments other":200365,"Investments program related":3447593,"Intangible assets":361,"Other assets":3735},"Liabilities":{"value":20018551,"Sum of Total Liabilities":0,"Accounts payable, accrued":895071,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":1939,"Loans from officers, directors":0,"Secured mortgages and notes payable":19059338,"Unsecured notes loans payable":0,"Other liabilities":62203},"Fund balance":{"value":11067160,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.002464061197839032,"percentile":0.4027650881584061},"Liabilities to Assets Ratio":{"score":0.6439791903103005,"percentile":0.10355245455424403},"Operating Reserve Ratio":{"score":3.492508888644713,"percentile":0.7433925750450815},"Officer Compensation Ratio":{"score":0.11527936847985357,"percentile":0.5038311696874358},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.019819442314286503,"percentile":0.46373882897130925},"Asset Growth":{"score":0.030863414012023457,"percentile":0.44955362286985046},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5219943162812635,"percentile":0.37878038542247666}},"source_xml":"202123199349305142_public.xml"},{"Organization":{"value":null,"Person":["Larry Salmela","Terence Schmitz","Lloyd Kongsjord","Roy Bain","Walter Breeze","James Cox","Bruce Leino","Wesley Waller","James White","Brad Dolinski","Tina Danielson","Cody Eischens","Charles Peck"],"Title":["President","Vice President","Secretary","Treasurer","Director","Director","Director","Director","Director","CEO","CFO","Lineman","Lineman/Foreman"],"Hours":[6.3,3.3,5.8,5.1,4.4,1.9,9.2,6.3,4.0,40.0,40.0,46.8,47.1],"Total Compensation":[10183,20566,9214,6647,5168,3121,6813,5429,11410,166277,189157,132439,155632],"Direct compensation":[10183,20566,9214,6647,5168,3121,6813,5429,11410,108685,86991,100135,103216],"Other compensation":[0,0,0,0,0,0,0,0,0,57592,102166,32304,52416]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2018,"name":"North Itasca Electric Cooperative Inc","phone":2187433131,"website":"www.northitascaelectric.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Brad Dolinski","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"301 Main Avenue, Bigfork, MN, 566280227, USA","city":"Bigfork","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":20,"Total Gross UBI":-53255,"Net unrelated business taxable income":0,"Number of employees":20,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8820350,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8904118,"Total revenue":{"value":8904118,"Electric Sales":8690317,"Captial Credits":207689,"Northland Connect LLC":6112},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":-18205,"Investment income total":52512,"Net investment gain":-70717,"Income from invest bond proceeds":0},"Other revenues":{"value":-65563,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-65563,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8567083,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":649079,"Benefits paid to members Total":649079},"Salaries":{"value":1659002,"Current officers":382490,"Disqualified persons":0,"Other salaries and wages":1017401,"Pension plan contributions":165342,"Other employee benefits":0,"Payroll taxes":93769},"Other expenses":{"value":6259002,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":691264,"Payments to affiliates":0,"Depreciation and depletion":1017155,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6176683,"Cost of Power":4070478,"Administration & Genera":904733,"Distribution":823378,"Customer Accounts & Ser":378094},"All other expenses":-1626100},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":30899389,"Non-interest bearing cash":0,"Savings and temp cash investments":961583,"Pledges and grants receivable":0,"Accounts receivable":978408,"Receivables from officers":139,"Receivables from disqual persons":0,"Other net note and loans":36735,"Inventories for sale or use":279152,"Prepaid expenses deferred charges":449740,"Land, building, equipment":24602595,"Investments publicly traded":0,"Investments other":203111,"Investments program related":3384770,"Intangible assets":361,"Other assets":2795},"Liabilities":{"value":20137579,"Sum of Total Liabilities":0,"Accounts payable, accrued":1070748,"Grants payable":0,"Deferred, revenue":75724,"Tax exempt bond liabilities":0,"Escrow account liability":1872,"Loans from officers, directors":0,"Secured mortgages and notes payable":18989235,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":10761810,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.02871393992301893,"percentile":0.47465954059762216},"Liabilities to Assets Ratio":{"score":0.6517144724123833,"percentile":0.10209317588527661},"Operating Reserve Ratio":{"score":3.606757282496271,"percentile":0.74959132090701},"Officer Compensation Ratio":{"score":0.0842825965384017,"percentile":0.6078219449907621},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.023046591864560984,"percentile":0.48015804690621194},"Asset Growth":{"score":0.04315394325124101,"percentile":0.49996789863932284},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.48053548522614065,"percentile":0.27581927224374614}},"source_xml":"201923119349303272_public.xml"},{"Organization":{"value":null,"Person":["Terence Schmitz","Wesley Waller","Walter Breeze","Larry Salmela","Roy Bain","Bruce Leino","Edward Shearen","James D White","James F Cox","Jared Echternach","Chris Corradi","Kathryn Lind"],"Title":["President","Vice President","Secretary","Treasurer","Director","Director","Director","Director","Director","CEO","CFO (Partial Year)","CFO (Partial Year)"],"Hours":[4.7,7.9,6.1,7.5,5.3,8.3,4.7,4.6,4.3,40.0,40.0,40.0],"Total Compensation":[19332,7600,8256,8499,7601,6030,7426,13673,5113,183695,75465,68310],"Direct compensation":[19332,7600,8256,8499,7601,6030,7426,13673,5113,113700,50542,41099],"Other compensation":[0,0,0,0,0,0,0,0,0,69995,24923,27211]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2013,"name":"North Itasca Electric Cooperative Inc","phone":2187433131,"website":"www.northitascaelectric.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Jared Echternach","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"PO Box 227, Bigfork, MN, 566280227, USA","city":"Bigfork","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":20,"Total Gross UBI":19772,"Net unrelated business taxable income":0,"Number of employees":20,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":7751226,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":7732391,"Total revenue":{"value":7732391,"Sale of Electricity":7410670,"Capital Credits":251546,"NCB LLC":70175},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":61517,"Investment income total":64517,"Net investment gain":-3000,"Income from invest bond proceeds":0},"Other revenues":{"value":-42682,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-42682,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7745971,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":432818,"Benefits paid to members Total":432818},"Salaries":{"value":1692483,"Current officers":394583,"Disqualified persons":0,"Other salaries and wages":1010843,"Pension plan contributions":194019,"Other employee benefits":0,"Payroll taxes":93038},"Other expenses":{"value":5620670,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":509999,"Payments to affiliates":0,"Depreciation and depletion":707638,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":5996873,"Cost of Power":3921583,"Admin & General":947016,"Distribution - Ops & Ma":733807,"Customer Accounts & Ser":394467},"All other expenses":-1593840},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":25120406,"Non-interest bearing cash":0,"Savings and temp cash investments":1359924,"Pledges and grants receivable":0,"Accounts receivable":910028,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":14831,"Inventories for sale or use":358310,"Prepaid expenses deferred charges":630513,"Land, building, equipment":19039465,"Investments publicly traded":0,"Investments other":249617,"Investments program related":2554567,"Intangible assets":361,"Other assets":2790},"Liabilities":{"value":15382763,"Sum of Total Liabilities":0,"Accounts payable, accrued":1280381,"Grants payable":0,"Deferred, revenue":246682,"Tax exempt bond liabilities":0,"Escrow account liability":5084,"Loans from officers, directors":0,"Secured mortgages and notes payable":13785616,"Unsecured notes loans payable":0,"Other liabilities":65000},"Fund balance":{"value":9737643,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0006779572676632058,"percentile":0.39684927422397104},"Liabilities to Assets Ratio":{"score":0.6123612412952243,"percentile":0.10969846763449372},"Operating Reserve Ratio":{"score":3.2430286661284944,"percentile":0.7286126292095867},"Officer Compensation Ratio":{"score":0.05305984233609963,"percentile":0.74193315220603},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4707204476175445,"percentile":0.2539993436502764}},"source_xml":"201443019349300234_public.xml"},{"Organization":{"value":null,"Person":["LLOYD KONGSJORD","LARRY SALMELA","TODD CHRISTENSEN","JAMES WHITE","JEFFREY KILLIAN","WESLEY WALLER","ROY BAIN","MARY RAHIER","TOM KALLIO","BRUCE LEINO","BRAD DOLINSKI","TINA DANIELSON","JOHN RAHIER JR","CODY EISCHENS","JOSHUA HUBBARD","CHARLES PECK","JAKE BOWERS"],"Title":["SECRETARY","PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","VICE PRESIDENT","TREASURER","DIRECTOR","DIRECTOR (JOINED JUNE 2024)","DIRECTOR (LEFT FEBRUARY 2024)","CEO","CFO","LINEMAN/LEAD","LINEMAN","LINEMAN","LINEMAN/LEAD","LINEMAN"],"Hours":[12.6,10.73,5.92,3.54,4.69,6.73,5.25,2.9,5.69,0.0,45.3,50.25,45.0,45.75,45.75,44.75,45.5],"Total Compensation":[15532,10414,7405,7215,6305,6103,5777,5445,4626,0,283384,228113,199942,184258,179465,200355,179564],"Direct compensation":[15532,10414,7405,7215,6305,6103,5777,5445,4626,0,192373,128626,123672,121524,121328,122240,120154],"Other compensation":[0,0,0,0,0,0,0,0,0,0,91011,99487,76270,62734,58137,78115,59410]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2024,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":23,"Total Gross UBI":-25537,"Net unrelated business taxable income":0,"Number of employees":23,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9745246,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":9545075,"Total revenue":9545075,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":49505,"Investment income total":32169,"Net investment gain":17336,"Income from invest bond proceeds":0},"Other revenues":{"value":150666,"Other total":184152,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-33486,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":9745295,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":421776,"Benefits paid to members Total":421776},"Salaries":{"value":524826,"Current officers":524826,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8798693,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":840220,"Payments to affiliates":0,"Depreciation and depletion":1276014,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6655461,"COST OF POWER":4317877,"DISTRIBUTION":1214561,"ADMINISTRATIVE & GENERA":570853,"CUSTOMER ACCOUNTS":552170},"All other expenses":26998},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":36856720,"Non-interest bearing cash":0,"Savings and temp cash investments":1335730,"Pledges and grants receivable":0,"Accounts receivable":1017908,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":93089,"Inventories for sale or use":636574,"Prepaid expenses deferred charges":276298,"Land, building, equipment":29635673,"Investments publicly traded":0,"Investments other":217714,"Investments program related":3640017,"Intangible assets":361,"Other assets":3356},"Liabilities":{"value":24849177,"Sum of Total Liabilities":0,"Accounts payable, accrued":1233845,"Grants payable":0,"Deferred, revenue":18908,"Tax exempt bond liabilities":0,"Escrow account liability":1658,"Loans from officers, directors":0,"Secured mortgages and notes payable":23432099,"Unsecured notes loans payable":0,"Other liabilities":162667},"Fund balance":{"value":12007543,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-5.0280926720577396e-06,"percentile":0.3865227376806186},"Liabilities to Assets Ratio":{"score":0.6742102118690975,"percentile":0.09807073691524384},"Operating Reserve Ratio":{"score":3.7820014684009053,"percentile":0.7585154697844232},"Officer Compensation Ratio":{"score":0.15637320368444466,"percentile":0.39787023203862965},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.01824456918150543,"percentile":0.45573177604552934},"Asset Growth":{"score":0.030358007582226173,"percentile":0.44741474705669776},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.44546701042892317,"percentile":0.2023203022648465}},"source_xml":"202503169349306000_public.xml"},{"Organization":{"value":null,"Person":["LARRY SALMELA","TERRY SCHMITZ","LLOYD KONGSJORD","ROY BAIN","BRUCE LEINO","JAMES WHITE","WES WALLER","JAMES COX","WALTER BREEZE","JARED ECHTERNACH","CHRIS CORRADI","JOEL KARELS"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CEO","CEO","MANAGER OF FINANCE"],"Hours":[6.9,5.1,6.9,4.4,9.6,5.0,7.4,3.2,6.7,40.0,40.0,40.0],"Total Compensation":[10278,16587,11627,4789,6700,17884,6040,3740,6730,94002,156506,96313],"Direct compensation":[10278,16587,11627,4789,6700,17884,6040,3740,6730,39373,111980,70913],"Other compensation":[0,0,0,0,0,0,0,0,0,54629,44526,25400]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2016,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":18,"Total Gross UBI":-18578,"Net unrelated business taxable income":-18578,"Number of employees":18,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8397118,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8105050,"Total revenue":8105050,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":47601,"Investment income total":53601,"Net investment gain":-6000,"Income from invest bond proceeds":0},"Other revenues":{"value":244467,"Other total":297045,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-52578,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8641400,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":387508,"Current officers":387508,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8253892,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":684924,"Payments to affiliates":0,"Depreciation and depletion":866771,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6144843,"COST OF POWER":4026616,"DISTRIBUTION - OPER & M":1150528,"CUSTOMER ACCOUNTS & SER":523050,"LOSS ON DISPOSAL OF PLA":444649},"All other expenses":557354},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":30887323,"Non-interest bearing cash":2065467,"Savings and temp cash investments":58086,"Pledges and grants receivable":0,"Accounts receivable":1058850,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":30022,"Inventories for sale or use":423729,"Prepaid expenses deferred charges":507782,"Land, building, equipment":23454373,"Investments publicly traded":0,"Investments other":212415,"Investments program related":3067871,"Intangible assets":361,"Other assets":8367},"Liabilities":{"value":20848357,"Sum of Total Liabilities":0,"Accounts payable, accrued":1621618,"Grants payable":0,"Deferred, revenue":87740,"Tax exempt bond liabilities":0,"Escrow account liability":1316,"Loans from officers, directors":0,"Secured mortgages and notes payable":18344986,"Unsecured notes loans payable":792697,"Other liabilities":0},"Fund balance":{"value":10038966,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.029091171518609123,"percentile":0.32070551181359125},"Liabilities to Assets Ratio":{"score":0.6749810270058043,"percentile":0.09794373624500806},"Operating Reserve Ratio":{"score":3.574342467655704,"percentile":0.7478587923550485},"Officer Compensation Ratio":{"score":0.049898858981183604,"percentile":0.7572861575338685},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.014013129515381664,"percentile":0.4344668912561022},"Asset Growth":{"score":0.06955310619034583,"percentile":0.5962837558423776},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.46209362061124465,"percentile":0.23577853936388474}},"source_xml":"201723079349301707_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["LLOYD KONGSJORD","LARRY SALMELA","TODD CHRISTENSEN","JAMES WHITE","JEFFREY KILLIAN","WESLEY WALLER","ROY BAIN","MARY RAHIER","TOM KALLIO","BRUCE LEINO","BRAD DOLINSKI","TINA DANIELSON","JOHN RAHIER JR","CODY EISCHENS","JOSHUA HUBBARD","CHARLES PECK","JAKE BOWERS"],"Title":["SECRETARY","PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","VICE PRESIDENT","TREASURER","DIRECTOR","DIRECTOR (JOINED JUNE 2024)","DIRECTOR (LEFT FEBRUARY 2024)","CEO","CFO","LINEMAN/LEAD","LINEMAN","LINEMAN","LINEMAN/LEAD","LINEMAN"],"Hours":[12.6,10.73,5.92,3.54,4.69,6.73,5.25,2.9,5.69,0.0,45.3,50.25,45.0,45.75,45.75,44.75,45.5],"Total Compensation":[15532,10414,7405,7215,6305,6103,5777,5445,4626,0,283384,228113,199942,184258,179465,200355,179564],"Direct compensation":[15532,10414,7405,7215,6305,6103,5777,5445,4626,0,192373,128626,123672,121524,121328,122240,120154],"Other compensation":[0,0,0,0,0,0,0,0,0,0,91011,99487,76270,62734,58137,78115,59410]},"Basic":{"value":null,"mission":"The exempt purpose of the organization is to provide electrical energy to member-owners.","year":2024,"name":"NORTH ITASCA ELECTRIC COOPERATIVE INC","phone":2187433131,"website":"WWW.NORTHITASCAELECTRIC.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRAD DOLINSKI","year_formation":1940,"state_legal_domicile":"MN","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"301 MAIN AVENUE, BIGFORK, MN, 566280227, USA","city":"BIGFORK","state":"MN","country":"USA","zip_code":566280227},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":23,"Total Gross UBI":-25537,"Net unrelated business taxable income":0,"Number of employees":23,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9745246,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":9545075,"Total revenue":9545075,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":49505,"Investment income total":32169,"Net investment gain":17336,"Income from invest bond proceeds":0},"Other revenues":{"value":150666,"Other total":184152,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-33486,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":9745295,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":421776,"Benefits paid to members Total":421776},"Salaries":{"value":524826,"Current officers":524826,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8798693,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":840220,"Payments to affiliates":0,"Depreciation and depletion":1276014,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":6655461,"COST OF POWER":4317877,"DISTRIBUTION":1214561,"ADMINISTRATIVE & GENERA":570853,"CUSTOMER ACCOUNTS":552170},"All other expenses":26998},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":36856720,"Non-interest bearing cash":0,"Savings and temp cash investments":1335730,"Pledges and grants receivable":0,"Accounts receivable":1017908,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":93089,"Inventories for sale or use":636574,"Prepaid expenses deferred charges":276298,"Land, building, equipment":29635673,"Investments publicly traded":0,"Investments other":217714,"Investments program related":3640017,"Intangible assets":361,"Other assets":3356},"Liabilities":{"value":24849177,"Sum of Total Liabilities":0,"Accounts payable, accrued":1233845,"Grants payable":0,"Deferred, revenue":18908,"Tax exempt bond liabilities":0,"Escrow account liability":1658,"Loans from officers, directors":0,"Secured mortgages and notes payable":23432099,"Unsecured notes loans payable":0,"Other liabilities":162667},"Fund balance":{"value":12007543,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-5.0280926720577396e-06,"percentile":0.3865227376806186},"Liabilities to Assets Ratio":{"score":0.6742102118690975,"percentile":0.09807073691524384},"Operating Reserve Ratio":{"score":3.7820014684009053,"percentile":0.7585154697844232},"Officer Compensation Ratio":{"score":0.15637320368444466,"percentile":0.39787023203862965},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.01824456918150543,"percentile":0.45573177604552934},"Asset Growth":{"score":0.030358007582226173,"percentile":0.44741474705669776},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.44546701042892317,"percentile":0.2023203022648465}},"source_xml":"202503169349306000_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}