NonprofitsP K M Electric Cooperative Inc

P K M Electric Cooperative Inc

WARREN, MN

Total revenue

$16.4M

Total expenses

$15.8M

Net assets

$23.4M

Grants received

EIN

410484875

Tax year

2024

Mission

Sale of electricity to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$15.8M
Investment income$559K
Other revenue$119K
Total revenue$16.4M

Expenses

Grants paid
Salaries & benefits$465K
Fundraising
Other expenses$13.9M
Total expenses$15.8M
Total assets$41.6M
Net assets$23.4M

People

16 listed

NameRoleCompensation

JEFFREY RUSTAD

CEO

Board

$149K

50 hrs/wk

KAREN OLSON

CFO

Board

$121K

50 hrs/wk

MARK HATTON

PRESIDENT

Board

$13K

8 hrs/wk

CLIFFORD PETERSON

VICE PRESIDENT

Board

$8K

8 hrs/wk

BLAKE OWENS

DIRECTOR

Board

$8K

5 hrs/wk

PAUL AAKRE

DIRECTOR

Board

$8K

5 hrs/wk

WAYNE MALM

SECRETARY TREASURER

Board

$7K

8 hrs/wk

CHRIS MORTENSON

DIRECTOR

Board

$7K

5 hrs/wk

JERRED COPP

DIRECTOR

Board

$6K

5 hrs/wk

STEVE GOODWIN

DIRECTOR

Board

$6K

5 hrs/wk

TOM WOINAROWICZ

DIRECTOR

Board

$6K

5 hrs/wk

SCOTT SLUSAR

LINE FOREMAN

Staff

$131K

40 hrs/wk

JOE MARCOTTE

OPERATIONS MANAGER

Staff

$117K

50 hrs/wk

CALEB NOVAK

JOURNEYMAN LINEWORKER

Staff

$114K

40 hrs/wk

BEN PAHLEN

LINE SUB-FOREMAN

Staff

$110K

40 hrs/wk

CHRIS DEROSIER

LINE FOREMAN/SAFETY COORDINATOR

Staff

$107K

40 hrs/wk

Independent contractors

OLSON UNDERGROUND

UNDERGROUND CABLE INSTALLATION

$715K

Details

EIN410484875
Subsection12
Ruling date1945-02
Formed1940
Employees19
Volunteers0
P K M ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo