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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 Beltrami Electric Cooperative Inc.

Beltrami Electric Cooperative Inc.

Fiscal year ending 2024. Filed on October 6, 2025.

PO Box 488
Bemidji, Minnesota 56619

Beltrami Electric Cooperative Inc. (EIN: 41-0144943) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Beltrami Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 68 total employees. Among the employees shown here, the average compensation is $267,777. The highest compensated employee at Beltrami Electric Cooperative Inc. is Jared Echternach with fiscal year 2024 compensation of $446,380.

Revenue, expenses, and employee compensation

Revenue

$61,294,466

Expenses

$60,389,722

Employee compensation

$8,607,518
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jared Echternach
Chief Executive Officer
$446,380
$311,881 No related comp$134,499
Arlene Hogquist
Director of Finance and Corporate Services
$347,637
$176,252 No related comp$171,385
Lee Pemberton
Operations Manager
$249,138
$143,343 No related comp$105,795
Richard Riewer
Engineering Manager
$248,314
$164,092 No related comp$84,222
Mike Birkeland
Vice President of Electrification and Member Experience
$240,548
$174,231 No related comp$66,317
Ryan Rogers
Line Foreman
$173,462
$139,830 No related comp$33,632
Nickolas Zimmel
Line Foreman
$168,960
$135,433 No related comp$33,527

Benchmark Employee Compensation

Non-Employee Board Members

John Lund
Chair and Director
$25,547
$25,547 No related compNo other comp
Suzanne Kringen
Vice Chair and Director
$16,231
$16,231 No related compNo other comp
Craig Gaasvig
Director
$15,780
$15,780 No related compNo other comp
Robert Wallner
Director
$14,988
$14,988 No related compNo other comp
Sharon Lembke
Treasurer and Director
$14,378
$14,378 No related compNo other comp
Murl Nord
Secretary and Director
$14,016
$14,016 No related compNo other comp
Donald Perkins
Director
$12,442
$12,442 No related compNo other comp
Richard Coe
Director
$10,862
$10,862 No related compNo other comp
Kevin Geerdes
Director
$8,349
$8,349 No related compNo other comp

Contractors

Cooperative Development LLC
Construction and Locating
$894,078
Carr's Tree Service Inc.
Right of Way Clearing
$292,019

Mission Statement

TO PROVIDE EXCELLENT VALUE TO OUR MEMBERS THROUGH THE SAFE DELIVERY OF RELIABLE ELECTRIC SERVICE, EXCELLENT MEMBER SERVICE, AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES.

Revisions to this organization profile

October 6, 2025:
2024 Beltrami Electric Cooperative Inc. 990 filed
September 12, 2024:
2023 Beltrami Electric Cooperative Inc. 990 filed
October 3, 2023:
2022 Beltrami Electric Cooperative Inc. 990 filed

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Other organizations also named Beltrami Electric Cooperative

Beltrami Electric Cooperative Trust Inc.
Bemidji, Minnesota