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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 Central Power Electric Cooperative Inc

Central Power Electric Cooperative Inc

Fiscal year ending 2023. Filed on May 10, 2024.

525 20th Ave SW
Minot, North Dakota 58701

Central Power Electric Cooperative Inc (EIN: 45-0226179) has filed an IRS Form 990 between fiscal years 2019 and 2023. In its fiscal year 2023 IRS Form 990 filing, Central Power Electric Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 68 total employees. Among the employees shown here, the average compensation is $345,125. The highest compensated employee at Central Power Electric Cooperative Inc is Thomas L Meland with fiscal year 2023 compensation of $942,799.

Revenue, expenses, and employee compensation

Revenue

$188,214,649

Expenses

$173,849,791

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas L Meland
General Manager
$942,799
$810,385 No related comp$132,414
Mark A Sherman
Manager of Operations Engineering
$422,149
$299,414 No related comp$122,735
Michael J Kossan
Manager of Accounting Finance
$388,625
$279,516 No related comp$109,109
Ryan C Callahan
Chief Transmission Engineer
$289,649
$198,667 No related comp$90,982
Todd T Ahmann
Network Administrator
$268,664
$183,203 No related comp$85,461
Kenneth L Haugen
Operations Superintendent
$264,972
$180,318 No related comp$84,654
Randy Brunner
Substation Engineer
$259,995
$176,461 No related comp$83,534
Dennis M Olson
Chief Substation Engineer
$259,273
$194,484 No related comp$64,789
David Straley
Director
$10,000
$10,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jean Brandt
Vice President
$22,400
$22,400 No related compNo other comp
Mark Brehm
President
$21,600
$21,600 No related compNo other comp
Arden Fuher
Director
$18,000
$18,000 No related compNo other comp
Robert Wolf
Secretary and Treasurer
$15,600
$15,600 No related compNo other comp
Troy Presser
Director
$14,000
$14,000 No related compNo other comp
David Charles
Director
$9,600
$9,600 No related compNo other comp
Kim Rasmussen
Director
$1,200
$1,200 No related compNo other comp

Contractors

Synergy Powerline Construction Inc
Line Construction Contractor
$4,509,001
Roers Constructions JointVentureLLC
General Contractor
$898,610
Widseth Smith Nolting and Association
Line Design Consultant
$599,725
Foss Architecture Interiors
Outpost Design Professional
$378,118
Dakota Tree Service Inc
Tree Clearing Contractor
$220,029

Mission Statement

To assist our member systems to become electric suppliers of choice by serving as a leading and unifying force among our membership providing reliable economical and efficient electric supply and performing those functions that can most efficiently be provided as a united effort.

Revisions to this organization profile

May 10, 2024:
2023 Central Power Electric Cooperative Inc 990 filed
April 24, 2023:
2022 Central Power Electric Cooperative Inc 990 filed
April 29, 2022:
2021 Central Power Electric Cooperative Inc 990 filed

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