NonprofitsNorth Star Electric Cooperative Incorporated

North Star Electric Cooperative Incorporated

BAUDETTE, MN

Total revenue

$16.2M

Total expenses

$16.2M

Net assets

$17.8M

Grants received

EIN

410449191

Tax year

2024

Mission

To provide safe, reliable electric services to improve the quality of life in the communities we serve.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$15.8M
Investment income$111K
Other revenue$340K
Total revenue$16.2M

Expenses

Grants paid
Salaries & benefits$666K
Fundraising
Other expenses$14.1M
Total expenses$16.2M
Total assets$43.9M
Net assets$17.8M

People

15 listed

NameRoleCompensation

KEVIN HOLEN

GENERAL MANAGER

Board

$181K

50 hrs/wk

ROBYN SONSTEGARD

FINANCE MANAGER

Board

$135K

50 hrs/wk

STEVE ARNESEN

PRESIDENT

Board

$12K

11 hrs/wk

MICHAEL HANSON

VICE PRESIDENT

Board

$11K

9 hrs/wk

TOM SMITH

DIRECTOR

Board

$11K

15 hrs/wk

DOUGLAS KING

DIRECTOR

Board

$10K

9 hrs/wk

RANDALL BERGAN

DIRECTOR

Board

$7K

3 hrs/wk

SHELLEY SPEARS

DIRECTOR/SECRETARY-TREASURER

Board

$7K

5 hrs/wk

LORRAINE NYGAARD

SECRETARY-TREASURER - PART YEAR

Board

$4K

2 hrs/wk

RICHARD FERGUSON JR

DIRECTOR

Board

1 hrs/wk

TIMOTHY PELACH

OPERATIONS MANAGER

Staff

$136K

50 hrs/wk

JESSE HUOT

SUB-FOREMAN

Staff

$125K

44 hrs/wk

TODD HIGGINS

FOREMAN

Staff

$124K

43 hrs/wk

TODD THYDEAN

FOREMAN

Staff

$123K

43 hrs/wk

PRESTON KENNEDY

SUB-FOREMAN

Staff

$122K

43 hrs/wk

Independent contractors

LAKE STATES CONSTRUCTION LLC

CONTRACTED CONSTRUCTION

$467K

TJADER & HIGHSTROM UTILITY SERVICES LLC

CONTRACTED CONSTRUCTION

$343K

WRIGHT TREE SERVICE INC

RIGHT OF WAY CLEARING

$139K

JEFF POWELL EXCAVATING LLC

RIGHT OF WAY CLEARING

$112K

Details

EIN410449191
Subsection12
Ruling date1943-03
Formed1940
Employees24
Volunteers0
NORTH STAR ELECTRIC COOPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo