Skip to content
Nonprofiteer
← DUNN ENERGY COOPERATIVE

Form 990 for tax year 2022

Filed by DUNN ENERGY COOPERATIVE.

Totals

Total revenue
$28,046,131
Total expenses
$28,046,131
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$27,982,383
Investment income
$63,748
Other revenue
$0
Total assets, end of year
$69,568,516
Total liabilities, end of year
$34,841,676
Net assets or fund balances, end of year
$34,726,840
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: ELECTRIC REVENUE

    total $27,169,035 · related or exempt $27,169,035

  • 2b · Program service revenue: CAPITAL CREDITS AND POLE RENT

    total $813,348 · excluded $813,348

  • 3 · Investment income

    total $63,748 · excluded $63,748

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $2,161,662

  • 5 · Compensation of officers, directors and key employees

    total $382,697

  • 20 · Interest

    total $899,213

  • 22 · Depreciation, depletion and amortization

    total $2,037,224

  • 24a · Other expenses: COST OF POWER

    total $17,785,005

  • 24b · Other expenses: OPERATIONS EXPENSE

    total $1,408,215

  • 24c · Other expenses: MAINTENANCE EXPENSE

    total $1,369,965

  • 24d · Other expenses: ADMIN

    total $1,087,252

  • 24e · All other expenses

    total $914,898

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $237,505 · end of year $318,620

  • 2 · Savings and temporary cash investments

    beginning of year $4,045,093 · end of year $1,582,555

  • 4 · Accounts receivable

    beginning of year $2,074,893 · end of year $2,550,520

  • 8 · Inventories for sale or use

    beginning of year $504,333 · end of year $1,686,883

  • 9 · Prepaid expenses and deferred charges

    beginning of year $92,794 · end of year $104,078

  • 10a · Land, buildings and equipment: cost or other basis

    $68,244,580

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,020,098

  • 10c · Land, buildings and equipment, net

    beginning of year $50,162,449 · end of year $51,224,482

  • 12 · Investments: other securities

    beginning of year $50,729 · end of year $30,440

  • 13 · Investments: program-related

    beginning of year $11,605,653 · end of year $12,026,102

  • 15 · Other assets

    beginning of year $161,097 · end of year $44,836

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,605,505 · end of year $2,327,559

  • 23 · Secured mortgages and notes payable

    beginning of year $32,275,814 · end of year $30,809,216

  • 25 · Other liabilities

    beginning of year $1,654,601 · end of year $1,704,901

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $7,117,419 · end of year $7,177,363

  • 31 · Retained earnings, endowment or other funds

    beginning of year $26,281,207 · end of year $27,549,477

Mission and programs · 2022

Mission

TO PROVIDE ELECTRICITY TO ITS MEMBERS

  • TO PROVIDE ELECTRIC SERVICE TO MEMBERS

  • N/A

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jesse Singerhouse

    CEO

    Total calculated
    $289,928
    From this org
    $173,946
    From related orgs
    $0
    Other
    $115,982
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $173,946
    Bonus
    not reported
    Other
    not reported
    Deferred
    $103,976
    Nontaxable benefits
    $12,006
    Filer's total
    $289,928

  • Tyrel Blanchfield

    CFO

    Total calculated
    $176,091
    From this org
    $113,310
    From related orgs
    $0
    Other
    $62,781
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $113,310
    Bonus
    not reported
    Other
    not reported
    Deferred
    $37,564
    Nontaxable benefits
    $25,217
    Filer's total
    $176,091

  • Larry Amble

    PRESIDENT

    Total calculated
    $7,790
    From this org
    $7,790
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.15

  • Tom Zwiefelhofer

    VICE PRESIDE

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.38

  • Brian Johnson

    SECRETARY-TR

    Total calculated
    $6,045
    From this org
    $6,045
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.08

  • Jeffrey Gastyer

    DIRECTOR

    Total calculated
    $6,600
    From this org
    $6,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.38

  • Rachel Kummer

    DIRECTOR

    Total calculated
    $6,965
    From this org
    $6,965
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.69

  • Ed Hartung

    DIRECTOR

    Total calculated
    $7,040
    From this org
    $7,040
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.69

  • Lee Jensen

    DIRECTOR

    Total calculated
    $3,600
    From this org
    $3,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.85

  • Dean Stokke

    DIRECTOR

    Total calculated
    $7,340
    From this org
    $7,340
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.85

  • Jim Wildner

    DIRECTOR

    Total calculated
    $3,900
    From this org
    $3,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Michael Andraschko

    LINE SUPERIN

    Total calculated
    $197,580
    From this org
    $170,621
    From related orgs
    $0
    Other
    $26,959
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $170,621
    Bonus
    not reported
    Other
    not reported
    Deferred
    $1,684
    Nontaxable benefits
    $25,275
    Filer's total
    $197,580

  • Michael Frinack

    LINEMAN

    Total calculated
    $148,938
    From this org
    $122,441
    From related orgs
    $0
    Other
    $26,497
    Hours/week
    46.38

  • John Hestekin

    LINEMAN

    Total calculated
    $199,661
    From this org
    $119,469
    From related orgs
    $0
    Other
    $80,192
    Hours/week
    46.21

    Schedule J breakdown matched by us

    Base
    $119,469
    Bonus
    not reported
    Other
    not reported
    Deferred
    $55,055
    Nontaxable benefits
    $25,137
    Filer's total
    $199,661

  • Loren Luzinski

    LINEMAN

    Total calculated
    $187,926
    From this org
    $118,422
    From related orgs
    $0
    Other
    $69,504
    Hours/week
    48.02

    Schedule J breakdown matched by us

    Base
    $118,422
    Bonus
    not reported
    Other
    not reported
    Deferred
    $44,367
    Nontaxable benefits
    $25,137
    Filer's total
    $187,926

  • David Livingston

    LINEMAN

    Total calculated
    $157,911
    From this org
    $114,979
    From related orgs
    $0
    Other
    $42,932
    Hours/week
    46.49

    Schedule J breakdown matched by us

    Base
    $114,979
    Bonus
    not reported
    Other
    not reported
    Deferred
    $17,795
    Nontaxable benefits
    $25,137
    Filer's total
    $157,911

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202323039349302377

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.