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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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Organizations Arrowhead Electric Cooperative Inc.

Arrowhead Electric Cooperative Inc.

Fiscal year ending 2024. Filed on December 23, 2025.

PO Box 39
Lutsen, Minnesota 55612

Arrowhead Electric Cooperative Inc. (EIN: 41-0735682) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Arrowhead Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 33 total employees. Among the employees shown here, the average compensation is $198,129. The highest compensated employee at Arrowhead Electric Cooperative Inc. is John Twiest with fiscal year 2024 compensation of $307,918.

Revenue, expenses, and employee compensation

Revenue

$17,965,861

Expenses

$14,869,024

Employee compensation

$583,725
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Twiest
Chief Executive Officer and General Manager
$307,918
$237,085 No related comp$70,833
Derrick Seidel
Communication Lineman
$195,984
$155,553 No related comp$40,431
Jenny Kartes
Finance Director
$192,589
$144,425 No related comp$48,164
Sara McManus
Member Service Manager
$189,028
$142,050 No related comp$46,978
Cody Selger
Lineman
$177,566
$160,650 No related comp$16,916
Erick Arnold
Communication Lineman
$175,740
$135,096 No related comp$40,644
Nathan Norquest
Lineman
$148,079
$133,742 No related comp$14,337

Benchmark Employee Compensation

Non-Employee Board Members

Sharon Hexum-Platzer
Director
$16,115
$16,115 No related compNo other comp
Donna Lunke
Secretary
$13,200
$13,200 No related compNo other comp
Roger Opp
Treasurer
$11,534
$11,534 No related compNo other comp
Stanley Tull
Director Through JULY, President
$11,490
$11,490 No related compNo other comp
Mike Littfin
President Through July,Vice President
$11,080
$11,080 No related compNo other comp
Don McKeever
Director
$10,200
$10,200 No related compNo other comp
Michael Valentini
Vice President Through JULY
$5,800
$5,800 No related compNo other comp
Matthew Schuerger
Director Beginning August
$3,800
$3,800 No related compNo other comp

Contractors

Paradigm Line Construction LLC
Line Construction
$992,789
Gulbranson Excavating
Line Construction
$951,752
Mj Electric Inc.
Line Construction
$433,814
Jay Carlson Excavating
Line Construction
$250,255
Friest Tree Experts
Tree Clearing
$222,518

Mission Statement

ELECTRIC ENERGY DISTRIBUTION

Revisions to this organization profile

December 23, 2025:
2024 Arrowhead Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Arrowhead Electric Cooperative Inc. 990 filed
December 21, 2023:
2022 Arrowhead Electric Cooperative Inc. 990 filed

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