NonprofitsMinnesota Valley Cooperative Light And Power Association

Minnesota Valley Cooperative Light And Power Association

MONTEVIDEO, MN

Total revenue

$26.0M

Total expenses

$25.3M

Net assets

$35.3M

Grants received

EIN

410419129

Tax year

2024

Mission

To provide electrical energy services to rural customers

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$23.5M
Investment income$1.0M
Other revenue$1.5M
Total revenue$26.0M

Expenses

Grants paid$40
Salaries & benefits$1.1M
Fundraising
Other expenses$21.6M
Total expenses$25.3M
Total assets$101.1M
Net assets$35.3M

People

14 listed

NameRoleCompensation

PATRICK CARRUTH

GENERAL MANAGER

Board

$530K

40 hrs/wk

JILL ROTHSCHADL

OFFICE MANAGER

Board

$175K

40 hrs/wk

MARK PETERSON

SECRETARY

Board

$19K

8 hrs/wk

STEVE NORMAN

PRESIDENT

Board

$19K

8 hrs/wk

DONALD FERNHOLZ

VICE PRESIDENT

Board

$19K

8 hrs/wk

TIMOTHY VELDE

DIRECTOR

Board

$19K

8 hrs/wk

DARRYL BURSACK

DIRECTOR

Board

$19K

8 hrs/wk

GARY GROOTHUIS

TREASURER

Board

$19K

8 hrs/wk

WAYNE PELTIER

DIRECTOR

Board

$18K

8 hrs/wk

SCOTT KUBESH

MEMBER SERVICES MANAGER

Staff

$155K

40 hrs/wk

ERIC WOLLSCHLAGER

OPERATIONS MANAGER

Staff

$125K

40 hrs/wk

ANTHONY BEDNAREK

LINEMAN

Staff

$124K

40 hrs/wk

KENT SMITH

FOREMAN

Staff

$123K

40 hrs/wk

TREVOR DIGGINS

SYSTEM COORDINATOR

Staff

$122K

40 hrs/wk

Independent contractors

KARIAN PETERSON POWERLINE

POWERLINE CONTRACTING

$2.2M

MINNESOTA VALLEY TREE SERVICE

RIGHT OF WAY TREE CLEANING

$1.1M

POWER SYSTEMS ENGINEERING INC

ENGINEERING CONSULTING

$618K

NISC

COMPUTER SOFTWARE AND SERVICES

$148K

Details

EIN410419129
Subsection12
Ruling date1943-05
Formed1938
Employees35
Volunteers0
MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION — Mission, Financials & Grants Received | Grantivo