NonprofitsRedwood Electric Cooperative

Redwood Electric Cooperative

CLEMENTS, MN

Total revenue

$16.6M

Total expenses

$16.6M

Net assets

$18.4M

Grants received

EIN

410184475

Tax year

2024

Mission

Providing electricity to rural communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$16.6M
Investment income$34K
Other revenue
Total revenue$16.6M

Expenses

Grants paid
Salaries & benefits$2.4M
Fundraising
Other expenses$12.8M
Total expenses$16.6M
Total assets$41.7M
Net assets$18.4M

People

14 listed

NameRoleCompensation

HOPE LANG

MANAGER OF FINANCE & ADMIN

Board

$130K

40 hrs/wk

RONALD L HORMAN

GENERAL MANAGER

Board

$124K

26 hrs/wk

MICHAEL BAUNE

DIRECTOR

Board

$16K

4.7 hrs/wk

DANIEL TAUER

PRESIDENT

Board

$15K

4.8 hrs/wk

EMILY EVANS

VICE PRESIDENT

Board

$14K

4 hrs/wk

GEORGE TURBES

DIRECTOR

Board

$14K

3.6 hrs/wk

JILL WEBER VANDERWAL

SECRETARY/TREASURER

Board

$14K

2.4 hrs/wk

DEAN FULTZ

DIRECTOR

Board

$14K

2.2 hrs/wk

RICHARD NELSON

DIRECTOR

Board

$13K

1.6 hrs/wk

CHAD NELSEN

OPERATIONS MANAGER

Staff

$130K

40 hrs/wk

CLARK GARDNER

SENIOR FOREMAN

Staff

$117K

42 hrs/wk

DONALD DIETZ

SENIOR FOREMAN

Staff

$114K

42 hrs/wk

MATTHEW GRUNEWALD

FOREMAN

Staff

$113K

42 hrs/wk

MARTIN BERG

FOREMAN

Staff

$110K

43 hrs/wk

Independent contractors

INTEGRITY CONTRACTING INC

DIRECTIONAL DRILL, EXCAVATION, INSTALLAT

$243K

STAR ENERGY SERVICES LLC

ENGINEERING, IT, SAFETY, MAPPING

$141K

Details

EIN410184475
Subsection12
Ruling date1938-02
Formed1937
Employees18
Volunteers0
REDWOOD ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo