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MCKENZIE ELECTRIC COOPERATIVE INC

EIN 45-0217439 WATFORD CITY, ND

Browse the largest nonprofits in North Dakota

Revenue 2025
$514,412,694
Expenses 2025
$514,412,694

As filed

Subsection
12
Classification
1000
Street
PO BOX 649

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

TO MAKE AVAILABLE AND TO SERVE ALL CONSUMERS WITHIN ITS BOUNDARIES WITH ELECTRIC ENERGY. TO ENSURE AN ADEQUATE SOURCE OF CENTRAL STATION POWER AND WORK TO MAKE THAT ENERGY AS RELIABLE AS POSSIBLE AT THE LOWEST COST POSSIBLE.

Activities or mission (Part I)

THE TAX-EXEMPT PURPOSE OF THE ORGANIZATION IS TO DELIVER ELECTRICITY TO ITS MEMBERS.

  • THE COOPERATIVE DELIVERS ELECTRIC ENERGY TO MEMBERS.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Matt Hanson

    CEO

    Total calculated
    $360,076
    From this org
    $309,704
    From related orgs
    $0
    Other
    $50,372
    Hours/week
    55.1

    Schedule J breakdown matched by us

    Base
    $304,339
    Bonus
    $0
    Other
    $5,365
    Deferred
    $43,461
    Nontaxable benefits
    $6,911
    Filer's total
    $360,076
  • Jamie Cross

    DIRECTOR OF ACCOUNTING AND

    Total calculated
    $245,034
    From this org
    $189,422
    From related orgs
    $0
    Other
    $55,612
    Hours/week
    45.9

    Schedule J breakdown matched by us

    Base
    $188,449
    Bonus
    $0
    Other
    $973
    Deferred
    $51,221
    Nontaxable benefits
    $4,391
    Filer's total
    $245,034
  • Karl Aaker

    DIRECTOR OF ENGINEERING SE

    Total calculated
    $233,822
    From this org
    $189,566
    From related orgs
    $0
    Other
    $44,256
    Hours/week
    43.2

    Schedule J breakdown matched by us

    Base
    $188,507
    Bonus
    $0
    Other
    $1,059
    Deferred
    $35,981
    Nontaxable benefits
    $8,275
    Filer's total
    $233,822
  • Zane Frick

    DIRECTOR OF OPERATIONS

    Total calculated
    $230,797
    From this org
    $188,206
    From related orgs
    $0
    Other
    $42,591
    Hours/week
    44.6

    Schedule J breakdown matched by us

    Base
    $187,519
    Bonus
    $0
    Other
    $687
    Deferred
    $35,680
    Nontaxable benefits
    $6,911
    Filer's total
    $230,797
  • James Hansen

    CONSTRUCTION MANAGER

    Total calculated
    $193,918
    From this org
    $152,641
    From related orgs
    $0
    Other
    $41,277
    Hours/week
    42.3

    Schedule J breakdown matched by us

    Base
    $151,486
    Bonus
    $0
    Other
    $1,155
    Deferred
    $38,779
    Nontaxable benefits
    $2,498
    Filer's total
    $193,918
  • Nick Shattuck

    JOURNEYMAN LINEMAN

    Total calculated
    $184,168
    From this org
    $147,884
    From related orgs
    $0
    Other
    $36,284
    Hours/week
    44.5

    Schedule J breakdown matched by us

    Base
    $147,194
    Bonus
    $0
    Other
    $690
    Deferred
    $36,284
    Nontaxable benefits
    $0
    Filer's total
    $184,168
  • Austin Fiechtner

    SUBSTATION TECHNICIAN FORE

    Total calculated
    $196,986
    From this org
    $174,404
    From related orgs
    $0
    Other
    $22,582
    Hours/week
    51.6

    Schedule J breakdown matched by us

    Base
    $174,095
    Bonus
    $0
    Other
    $309
    Deferred
    $20,084
    Nontaxable benefits
    $2,498
    Filer's total
    $196,986
  • Chris Link

    PRESIDENT

    Total calculated
    $32,375
    From this org
    $32,375
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.6
  • Ray Tescher

    VICE PRESIDENT

    Total calculated
    $31,725
    From this org
    $31,725
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.8
  • Travis Thompson

    SECRETARY/TREASURER

    Total calculated
    $29,775
    From this org
    $29,775
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5
  • Tim Wasem Term 62025

    SECRETARY/TREASURER

    Total calculated
    $12,413
    From this org
    $12,413
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.4
  • Clayton Monsen

    DIRECTOR

    Total calculated
    $26,025
    From this org
    $26,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.4
  • Stephen Kershisnik

    DIRECTOR

    Total calculated
    $28,125
    From this org
    $28,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.3
  • Ken Sanford

    DIRECTOR

    Total calculated
    $31,425
    From this org
    $31,425
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.4
  • Richard Jore

    DIRECTOR

    Total calculated
    $27,225
    From this org
    $27,225
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.7
  • Clay Bombach Eff 62025

    DIRECTOR

    Total calculated
    $14,863
    From this org
    $14,863
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.5
  • Cameron Wahlstrom

    DIRECTOR AT LARGE

    Total calculated
    $27,825
    From this org
    $27,825
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.2

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $514,412,694
    Expenses
    $514,412,694
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $441,740,325
    Expenses
    $441,740,325
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $401,082,882
    Expenses
    $401,082,882
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $371,972,199
    Expenses
    $371,972,199
    Assets (EOY)
    $422,129,232
  • 2020 · 990

    Revenue
    $347,685,156
    Expenses
    $347,685,156
    Assets (EOY)
    $399,130,163
  • 2019 · 990

    Revenue
    $335,917,669
    Expenses
    $335,917,669
    Assets (EOY)
    $393,514,370
  • 2018 · 990

    Revenue
    $309,175,400
    Expenses
    $309,175,400
    Assets (EOY)
    $354,105,277
  • 2017 · 990

    Revenue
    $257,714,614
    Expenses
    $257,714,614
    Assets (EOY)
    $314,568,419
  • 2016 · 990

    Revenue
    $236,814,718
    Expenses
    $236,814,718
    Assets (EOY)
    $316,287,709
  • 2015 · 990

    Revenue
    $175,203,434
    Expenses
    $174,975,079
    Assets (EOY)
    $334,935,220
  • 2014 · 990

    Revenue
    $129,654,416
    Expenses
    $129,474,556
    Assets (EOY)
    $323,700,983
  • 2013 · 990

    Revenue
    $90,641,960
    Expenses
    $90,498,421
    Assets (EOY)
    $160,231,315
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $66,828,149
    Assets (EOY)
    $122,184,906

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.