NFP500

#327 of 500 · Member & Benefit Funds

Mountrail-Williams Electric Cooperative Inc

EIN 45-0216732 · ND · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, member-owned electric distribution cooperative serving northwestern North Dakota, headquartered in Williston. It provides electric service to homes, farms, businesses, and industry (including the oil-and-gas region) across its service area, and, consistent with cooperative principles, supports its local communities through programs such as Operation Round Up.

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Financials, fiscal 2023

Revenue
$463.6M
Expenses
$461.4M
Total assets
$893.3M
Net assets
$389.3M
Operating margin
0.5%
1-year growth
32.0%
5-year growth (CAGR)
9.5%
Reserve (years of spending)
10.1
Contributions share
n/a
Programme spending
99.5%
Fundraising cost
n/a
Executive pay share
0.23%
Employees
143
Revenue per employee
$3.2M
Grants paid
n/a
Years filing
74

NFP Health Score: 77 / 100

Financial 59 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide safe, reliable, and affordable electricity to the communities they serve while supporting and strengthening those communities.

Revenue history

YearRevenue
2019$322.6M
2020$318.2M
2021$319.6M
2022$351.2M
2023$463.6M