NonprofitsKandiyohi Power Cooperative

Kandiyohi Power Cooperative

SPICER, MN

Total revenue

$23.8M

Total expenses

$23.8M

Net assets

$36.3M

Grants received

EIN

410345595

Tax year

2024

Mission

To provide electric distribution and other related services to its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$23.1M
Investment income$96K
Other revenue$593K
Total revenue$23.8M

Expenses

Grants paid$17K
Salaries & benefits$575K
Fundraising
Other expenses$21.7M
Total expenses$23.8M
Total assets$76.1M
Net assets$36.3M

People

16 listed

NameRoleCompensation

RYAN NELSON

CEO

Board

$223K

40 hrs/wk

PATRICK KRUEGER

CFO

Board

$164K

40 hrs/wk

DALE ANDERSON

CHAIR

Board

$10K

10.85 hrs/wk

LARRY POWERS

DIRECTOR

Board

$9K

6.76 hrs/wk

STANLEY WUBBEN

SECRETARY

Board

$9K

6.81 hrs/wk

TODD POST

VICE CHAIR

Board

$9K

7.52 hrs/wk

KELLY ERICKSON

DIRECTOR

Board

$9K

7.29 hrs/wk

ROLLO CAMPE

DIRECTOR

Board

$8K

3.65 hrs/wk

DARRELL FOSTERVOLD

DIRECTOR

Board

$8K

7.37 hrs/wk

DIANE HELGESON

DIRECTOR

Board

$8K

5.53 hrs/wk

DAN POMRANKE

DIRECTOR

Board

$7K

4.96 hrs/wk

CASEY JENNY

JOURNEYMAN LINE TECH IN-CHARGE

Staff

$131K

45.11 hrs/wk

MICHAEL MARCUS

JOURNEYMAN LINE TECH IN-CHARGE

Staff

$127K

44.74 hrs/wk

BRENT HATLESTAD

LINE SUPERINTENDENT

Staff

$124K

40 hrs/wk

DUSTIN WELZ

JOURNEYMAN LINE TECH IN-CHARGE

Staff

$121K

43.11 hrs/wk

TROY MEAD

LINE FOREMAN

Staff

$117K

41.93 hrs/wk

Independent contractors

MIDWEST UNDERGROUND OF MN

PLOW UNDERGROUND CABLE

$776K

PREMIER LOCATING INC

UNDERGROUND UTILITY CONTRACTOR

$241K

TREESTORY

TREE SERVICE

$224K

STAR ENERGY SERVICES

PROFESSIONAL SERVICES/CONSULTING

$131K

Details

EIN410345595
Subsection12
Ruling date1941-07
Formed1938
Employees29
Volunteers0
KANDIYOHI POWER COOPERATIVE — Mission, Financials & Grants Received | Grantivo