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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Minnkota Power Cooperative Inc. Kay Schraeder

Kay Schraeder

Officer

Vice President and Chief Financial Officer at Minnkota Power Cooperative Inc.

Fiscal year ended December 31, 2023. Published on January 25, 2026.

$378,538
2023

Total compensation

Kay Schraeder has been listed as an employee of Minnkota Power Cooperative Inc. in Form 990 filings since fiscal year 2020. Total compensation for Kay Schraeder has increased by 84.6% from 2020 to 2023.

Annual compensation details

$378,538
+4.9%
Vice President and Chief Financial Officer
2023
$299k org
40 hrs/wk
$81k other
--
$360,998
+2.5%
Vice President and Chief Financial Officer
2022
$286k org
40 hrs/wk
$76k other
--

Total compensation by year

Compare the compensation of Kay Schraeder to:

2023

Other employees at Minnkota Power Cooperative Inc.

Robert McLennan
President and Chief Executive Officer
$1,251,192
$1,042,101 from orgNo related comp$209,091 other
Lowell Stave
Vice President and Chief Operating Officer
$503,274
$417,183 from orgNo related comp$86,091 other
Gerad Paul
General Counsel-Vp of Legal, Compliance and Risk Mgmt
$445,402
$361,327 from orgNo related comp$84,075 other
Jami Hovet
Vice President, Administration
$387,029
$305,943 from orgNo related comp$81,086 other
Todd Sailer
Vice President of Power Supply
$368,989
$291,069 from orgNo related comp$77,920 other
Craig Bleth
Vice President of Project Development
$367,273
$287,332 from orgNo related comp$79,941 other
Dan Inman
Vice President and CISO
$351,479
$280,871 from orgNo related comp$70,608 other
Brendan Kennelly
Vice President of Power Delivery
$330,147
$256,599 from orgNo related comp$73,548 other
Andrew Sorbo
Vice President, Strategic Initiatives
$298,214
$231,184 from orgNo related comp$67,030 other
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Revisions to this profile

January 25, 2026:
2023 Minnkota Power Cooperative Inc. 990 published
January 25, 2026:
2022 Minnkota Power Cooperative Inc. 990 published
January 25, 2026:
2021 Minnkota Power Cooperative Inc. 990 published

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$352,072
+71.7%
Vice President and Chief Financial Officer
2021
$281k org
40 hrs/wk
$72k other
--
$205,087
Vice President and Chief Financial Officer
2020
$157k org
40 hrs/wk
$49k other
--

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