74th Annual Meeting Highlights
Burke-Divide Electric Cooperative held its 74th annual meeting June 12 at the cooperative’s outpost in Crosby.
Jean Luke Arel, Eide Bailly, LLP, presented the cooperative’s 2018 financial report. Arel reported that the cooperative received an unmodified (“clean”) audit opinion for 2018. Net margins for 2018 were $3,669,061.
President Sigloh and Manager Jerry King presented a report on the past year of operations and upcoming projects. Sigloh and King discussed the retirement of capital credits, the cooperative’s new strategic plan and construction work plan, community service projects, and grants available through the cooperative.
President Sigloh and Manager King recognized employees and directors for their years of service to the cooperative.
Director Lynn Jacobson presented a report on the activities of NRECA. Jacobson is the NRECA Director for North Dakota. NRECA is dedicated to representing the national interests of electric cooperatives and their consumer-members. NRECA supports Burke-Divide’s mission to provide electricity to its members through outreach, advocacy, workforce development, safety resources, business/operational strategies, and provision of employee benefits.
Members re-elected Kent Haugland, Lane Titus and David Sigloh to the Board of Directors. Director Haugland represents District 1. Director Titus represents District 2. Director Sigloh represents District 3. Each will serve a three-year term.
Burke-Divide Electric Cooperative directors, management, and employees thank all members and guests for attending the cooperative’s 74th annual meeting. We value your interest in the operation and success of your electric cooperative.
Photos from the 74th annual meeting can be found on the cooperative’s Facebook page, www.facebook.com/BurkeDivideElectric.