McKenzie Electric Cooperative Inc
Watford City, ND · EIN 45-0217439 · Rank 1,297 by total revenue
The tax-exempt purpose of the organization is to deliver electricity to its members.
Money, Form 990 for tax year 2025
- Total revenue
- $514,412,694
- Total expenses
- $514,412,694
- Total assets
- $705,586,901
- Salary base (all salaries and wages)
- $7,868,185
- Salaries, other pay and benefits
- $10,094,654
- Employees
- 82
- Salary base per employee
- $95,953
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (12)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Matt Hanson | CEO | Officer | 55.1 | $360,076 |
| Jamie Cross | DIRECTOR OF ACCOUNTING AND | Officer | 45.9 | $245,034 |
| Chris Link | PRESIDENT | Board, Officer | 8.6 | $32,375 |
| Ray Tescher | VICE PRESIDENT | Board, Officer | 8.8 | $31,725 |
| Travis Thompson | SECRETARY/TREASURER | Board, Officer | 6.5 | $29,775 |
| Ken Sanford | DIRECTOR | Board | 5.4 | $31,425 |
| Stephen Kershisnik | DIRECTOR | Board | 4.3 | $28,125 |
| Cameron Wahlstrom | DIRECTOR AT LARGE | Board | 5.2 | $27,825 |
| Richard Jore | DIRECTOR | Board | 3.7 | $27,225 |
| Clayton Monsen | DIRECTOR | Board | 3.4 | $26,025 |
| Clay Bombach Eff 62025 | DIRECTOR | Board | 3.5 | $14,863 |
| Tim Wasem Term 62025 | SECRETARY/TREASURER | Board | 6.4 | $12,413 |
Top 10 paid people listed
These 10 people received $1,740,326, which is 22.1% of the $7,868,185 salary base shared by 82 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Matt Hanson | CEO | Officer | 55.1 | $309,704 | $0 | $50,372 | $360,076 |
| Jamie Cross | DIRECTOR OF ACCOUNTING AND | Officer | 45.9 | $189,422 | $0 | $55,612 | $245,034 |
| Karl Aaker | DIRECTOR OF ENGINEERING SE | Highly paid employee | 43.2 | $189,566 | $0 | $44,256 | $233,822 |
| Zane Frick | DIRECTOR OF OPERATIONS | Highly paid employee | 44.6 | $188,206 | $0 | $42,591 | $230,797 |
| Austin Fiechtner | SUBSTATION TECHNICIAN FORE | Highly paid employee | 51.6 | $174,404 | $0 | $22,582 | $196,986 |
| James Hansen | CONSTRUCTION MANAGER | Highly paid employee | 42.3 | $152,641 | $0 | $41,277 | $193,918 |
| Nick Shattuck | JOURNEYMAN LINEMAN | Highly paid employee | 44.5 | $147,884 | $0 | $36,284 | $184,168 |
| Chris Link | PRESIDENT | Board, Officer | 8.6 | $32,375 | $0 | $0 | $32,375 |
| Ray Tescher | VICE PRESIDENT | Board, Officer | 8.8 | $31,725 | $0 | $0 | $31,725 |
| Ken Sanford | DIRECTOR | Board | 5.4 | $31,425 | $0 | $0 | $31,425 |
Sources
- IRS e-file return 202642439349300519 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 45-0217439
- Organization website (as filed): http://www.mckenzieelectric.com