2025-05-09T07:36:35-04:00 2024-12-31 990 2024-01-01 450226179 CENTRAL POWER ELECTRIC COOP INC % THOMAS L MELAND CENT 7018524407 525 20TH AVE SW MINOT ND 587016436 Michael Kossan CPA CFO Mgr of Accounting & Finance 2025-05-09 2024 2025-03-06 01:10:19Z THOMAS L MELAND 525 20TH AVE SW MINOT ND 587016436 190861966 false X X Cooperative 1949 ND Providing wholesale all-requirements electric service to our six member rural electric cooperatives in North Dakota. 6 6 65 0 0 0 0 0 175594334 181384947 261085 195081 12359230 9281938 188214649 190861966 0 0 0 0 0 0 0 0 0 173849791 180644169 173849791 180644169 14364858 10217797 479614700 510514335 322120127 346615816 157494573 163898519 To assist our member systems to become electric suppliers of choice by serving as a leading and unifying force among our membership providing reliable economical and efficient electric supply and performing those functions that can most efficiently be provided as a united effort. false false 180644169 0 190666885 Providing wholesale all-requirements electric service to our six member rural electric cooperatives in North Dakota. 0 0 0 0 0 0 0 0 0 180644169 false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 56 0 true 65 true false false false false false 165454861 15930086 false false false 6 6 false false false false true false false true true false false true false true false true true false ND X Michael Kossan CPA 7018524407 525 20TH AVE SW MINOT ND 587016436 Mark Brehm President 7.00 0.00 X 18400 0 0 Jean Brandt Vice President 4.00 0.00 X 20400 0 0 Robert Wolf Secretary Treasurer 4.00 0.00 X 16000 0 0 Arden Fuher Director 4.00 0.00 X 18800 0 0 Troy Presser Director 4.00 0.00 X 14800 0 0 David Charles Director 4.00 0.00 X 17600 0 0 Clint Gjellstad Director 4.00 0.00 X 2000 0 0 Thomas Meland General Manager 40.00 0.00 X 824744 0 139146 Michael Kossan CFO Manager of Accounting and Finance 40.00 0.00 X 293599 0 123266 Mark Sherman Manager of Operations and Engineering 40.00 0.00 X 314425 0 129612 Ryan Callahan Chief Transmission Engineer 40.00 0.00 X 206718 0 95450 Todd Ahmann Network Administrator 40.00 0.00 X 192251 0 90099 Kenneth Haugen Operations Superintendent 40.00 0.00 X 185103 0 88759 Randy Brunner Substation Engineer 40.00 0.00 X 185192 0 88056 Dennis Olson Chief Substation Engineer 40.00 0.00 X 206783 0 65097 2516815 0 819485 54 false true false Northwest Contracting Inc 2840 Valley Forge St Bismarck ND 58503 General Contractor 2871712 Synergy Powerline Construction Inc 1435 Sinclair Lewis Avenue W Sauk Centre MN 56378 Line Construction Contractor 2761953 Widseth Smith Nolting & Associates PO Box 458 Crookston MN 56716 Line Design Contractor 579771 Bechtold Paving Inc 5140 US 2 Frontage Rd Minot ND 58701 Paving & Concrete Contractor 254034 MMI Excavation LLC 9993 Desert Road Bismarck ND 58504 Excavation Contractor 205774 14 0 0 0 0 0 0 0 0 Electricity Sales to Members 221121 165454861 165454861 0 0 Transmission Revenues - SPP 221121 12258940 12258940 0 0 Transmission Revenues - Leases 221121 2608224 2608224 0 0 Other Electric Revenues 221121 1062922 1062922 0 0 0 0 0 0 0 0 0 0 181384947 195081 195081 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Patronage Allocations & Capital 900999 9281938 9281938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9281938 190861966 190861966 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9989285 9989285 0 0 0 0 0 0 10943164 10943164 0 0 0 0 0 0 Cost of Power 145375798 145375798 0 0 Transmission Operations & Maintenance 7482292 7482292 0 0 Distribution Operations & Maintenance 3870162 3870162 0 0 Administrative & General 2742422 2742422 0 0 241046 241046 0 0 180644169 180644169 0 0 0 0 0 0 255524 246648 0 0 0 0 15247002 17176586 0 0 0 0 217000 217000 23620864 27096627 489033 568194 450072283 112292466 316843846 337779817 0 0 0 0 0 0 0 0 122941431 127429463 479614700 510514335 13403097 16945943 0 0 3800000 3000000 0 0 0 0 0 0 300921996 317942067 2017000 5617000 1978034 3110806 322120127 346615816 X 157494573 163898519 0 0 157494573 163898519 479614700 510514335 X 10217797 0 0 0 0 -3813851 X false true X true false 25612026 25612026 14723617 2674448 12049169 0 0 0 395319339 109570789 285748550 14417301 47229 14370072 337779817 Memberships 550 Patronage Capital Allocations - Basin Electric Power Cooperative Inc 122146497 Patronage Capital Allocations - Member & Associated Cooperatives 143414 Patronage Capital Allocations - Other Non-Profit Cooperatives Organizations 2139002 Special Funds 3000000 127429463 Finance Lease Payable 1575751 Accrued Taxes 244874 Miscellaneous Accrued Liabilities 1290181 3110806 X 190861966 0 190861966 0 190861966 180644169 0 180644169 0 180644169 Part X, line 2 The Cooperative is exempt from income taxes under Section 501 c12. The Cooperative is annually required to file a Return of Organization Exempt from Income Tax Form 990 with the IRS. The Cooperative files an Exempt Organization Business Income Tax Return 990-T with the IRS to report its unrelated business taxable income. The Cooperative evaluates its tax positions that have been taken or are expected to be taken on income tax return and determined the tax accrual to be zero. X X X false true false Thomas Meland General Manager 482635 0 0 0 342109 0 111838 0 31708 0 968290 0 0 0 Michael Kossan CFO Manager of Accounting and Finance 293599 0 0 0 0 0 95958 0 30528 0 420085 0 0 0 Mark Sherman Manager of Operations and Engineering 314425 0 0 0 0 0 102304 0 30654 0 447383 0 0 0 Ryan Callahan Chief Transmission Engineer 206718 0 0 0 0 0 68142 0 29688 0 304548 0 0 0 Todd Ahmann Network Administrator 192251 0 0 0 0 0 62791 0 29498 0 284540 0 0 0 Kenneth Haugen Operations Superintendent 185103 0 0 0 0 0 61451 0 29459 0 276013 0 0 0 Randy Brunner Substation Engineer 185192 0 0 0 0 0 60748 0 29428 0 275368 0 0 0 Dennis Olson Chief Substation Engineer 206783 0 0 0 0 0 65097 0 2276 0 274156 0 0 0 Part I Line 4b | Name :, Title:, Item Selected:, Amount:| Thomas Meland, 340000| Part VI, Line 6 Each member distribution cooperative member elects one director to serve on the Board and each member gets one vote. Part VI, Line 11b The Central Power Board of Directors reviews the Form 990 and related schedules annually after the form is prepared. Once the Board has reviewed the form it will be filed with the IRS. Part VI, Line 15 The Central Power Board of Directors reviews determines & approves the General Managers salary annually. The Board of Directors reviews and approves the compensation of other officers key employees & non-union employees during the annual budget & rate making process. The union employee wage scale is determined by a labor contract that is negotiated. The current labor agreement runs through 10 31 2030. Part VI, Line 19 The governing documents including the Articles of Incorporation bylaws and related Board policys as well as the financial statements of the cooperative can be made available upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| Patronage Retirement, Central Power retired $3,813,851 to the members in December of 2024., $-3813851|