Source of information about of non-profits and private foundations.

Kem Electric Cooperative Inc (EIN: 45-0218423 )

Primary Exempt Statement

The purpose of kem electric is to make its members more productive and increase their quality of life. this will be accomplished by: providing safe, reliable, quality electric service; providing other services that will benefit the membership

Overview

Kem Electric Cooperative Inc is was formed in 1944 in Linton, ND and is non-profit organization still located in the same city. Organization is led by John Knox, and had governing board consisting of 12 members. In 2015 this non-profit organization had 21 employees.

Kem Electric Cooperative Inc is not IRS Exempt Organizations Select Check Database.
Organization has likely closed in 2015 or 2016.

Finances and Program Service Revenues

It had revenue of $8,836,771.00 and expenses $8,836,771.00 between January 2015 and December 2015 Kem Electric Cooperative Inc started 2015 with $29,292,425.00 in assets, and finished it with $31,267,140.00

Revenue has not always exceeded expenses. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
January 2010 - December 2010 $7,004,095.00 $6,194,808.00 $809,287.00 $22,944,004.00 $24,439,679.00 $1,495,675.00
January 2011 - December 2011 $7,339,057.00 $6,817,421.00 $521,636.00 $24,439,679.00 $24,710,073.00 $270,394.00
January 2012 - December 2012 $7,794,392.00 $7,448,693.00 $345,699.00 $24,710,073.00 $26,362,513.00 $1,652,440.00
January 2013 - December 2013 $9,143,835.00 $8,562,636.00 $581,199.00 $26,362,513.00 $28,941,382.00 $2,578,869.00
January 2014 - December 2014 $9,422,217.00 $9,101,962.00 $320,255.00 $28,941,382.00 $29,292,425.00 $351,043.00
January 2015 - December 2015 $8,836,771.00 $8,836,771.00 $0.00 $29,292,425.00 $31,267,140.00 $1,974,715.00

Governance

Kem Electric Cooperative Inc has large board consisting of 12 members. The board members are Dean Dewald as chair, Milton Brandner as director, Carter Vander Wal as sec/treas, Carmen Essig as director, Dean Hummel as director, Victor Wald as vice-chairman, John Beck as director, Alex Craigmile as office manager, Don Franklund Iea as co-manager, Chris Baumgartner Iea as co-manager, Travis Kupper Iea as cfo and Gary Hulm as line superintendent.
Tax Returns

More information on individual tax returns for 2010, 2011, 2012, 2013, 2014, 2015 year.

Web Presence

Kem Electric Cooperative Inc maintains web site at http://kemelectric.com .

Address

Kem Electric Cooperative Inc was located on 2 different addresses. Kem Electric Cooperative Inc
BOX 790
LINTON, ND 58552

Business Officer

Year: 2010
John Knox
General Manager
(701) 254-xxxx

Years: 2011, 2012, 2013 and 2014
Don Franklund
Co-alliance Manager
(701) 254-xxxx

Year: 2015
Travis Kupper
Cfo
(701) 254-xxxx

Board of Directors

Governing board for each of tax years 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: