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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 Clearwater-Polk Electric Cooperative Inc.

Clearwater-Polk Electric Cooperative Inc.

Fiscal year ending 2020. Filed on August 9, 2021.

PO Box O
Bagley, Minnesota 56621

Clearwater-Polk Electric Cooperative Inc. (EIN: 41-0654789) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Clearwater-Polk Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 2 out of 18 total employees. Among the employees shown here, the average compensation is $191,578. The highest compensated employee at Clearwater-Polk Electric Cooperative Inc. is Bruce Bjerke with fiscal year 2020 compensation of $254,936.

Revenue, expenses, and employee compensation

Revenue

$9,916,145

Expenses

$9,700,649

Employee compensation

$1,614,677
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bruce Bjerke
Chief Executive Officer and General Manager
$254,936
$136,204 No related comp$118,732
Deanna Lefebvre
Office Manager
$128,219
$79,379 No related comp$48,840

Benchmark Employee Compensation

Non-Employee Board Members

Bill Lanners
Director
$6,697
$6,697 No related compNo other comp
Greg Spaulding - Vice Pres
(Jan-Jul)/Pres (Aug-Dec)
$6,244
$6,244 No related compNo other comp
Kim Solberg - Director
(Jan-Jul)/Secretary (Aug-Dec)
$5,409
$5,409 No related compNo other comp
Greg Renner - Treasurer Jan
July)/Vice Pres (Aug-Dec)
$3,625
$3,625 No related compNo other comp
Robert Johnson - Secretary
(Jan-Jul)/Director (Aug-Dec)
$3,413
$3,413 No related compNo other comp
Harlan Highberg
Treasurer (Aug-Dec)
$2,255
$2,255 No related compNo other comp
Leroy Riewer
President (Jan-Jul)
$2,090
$2,090 No related compNo other comp
Gary Mathis
Director (Jan-Jul)
$2,000
$2,000 No related compNo other comp
Dennis Engebretson
Director (Aug-Dec)
$1,625
$1,625 No related compNo other comp

Contractors

Legacy Power Line Inc.
Power Line Construction
$139,723

Mission Statement

CLEARWATER-POLK ELECTRIC COOPERATIVE WILL STRIVE TO PROVIDE ECONOMICAL AND RELIABLE ENERGY SERVICES WHILE ENSURING THE SAFETY AND WELL-BEING OF OUR EMPLOYEES AND MEMBERS WITH CONSIDERATION FOR THE ENVIRONMENT.

Revisions to this organization profile

August 15, 2025:
2024 Clearwater-Polk Electric Cooperative Inc. 990 filed
August 19, 2024:
2023 Clearwater-Polk Electric Cooperative Inc. 990 filed
October 10, 2023:
2022 Clearwater-Polk Electric Cooperative Inc. 990 filed

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