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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 Mutual & Membership Benefit Cooperative Light & Power

Cooperative Light & Power

Fiscal year ending 2024. Filed on July 10, 2025.

1554 Highway 2
PO Box 279
Two Harbors, Minnesota 55616

Cooperative Light & Power (EIN: 41-0203975) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Cooperative Light & Power, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 24 total employees. Among the employees shown here, the average compensation is $204,703. The highest compensated employee at Cooperative Light & Power is Joel Janorschke with fiscal year 2024 compensation of $332,222. Cooperative Light & Power changed its name from Cooperative Light and Power Association of Lake County in 2024.

Revenue, expenses, and employee compensation

Revenue

$15,266,668

Expenses

$15,300,746

Employee compensation

$528,908
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joel Janorschke
Chief Executive Officer
$332,222
$247,990 No related comp$84,232
Brian Bentler
Operations Manager
$201,082
$130,429 No related comp$70,653
Vince Udenberg
Maintenance
$198,592
$139,777 No related comp$58,815
Chase Peterson
Construction
$194,584
$147,829 No related comp$46,755
Rick Heath
Lead Lineman
$191,744
$152,038 No related comp$39,706
Jeff Toland
Lineman
$167,259
$136,919 No related comp$30,340
Shannon Haveri
Finance Manager
$147,438
$120,205 No related comp$27,233

Benchmark Employee Compensation

Non-Employee Board Members

Roger Peterson
Vice President
$11,393
$11,393 No related compNo other comp
Steve Josephson
Director
$10,925
$10,925 No related compNo other comp
Jessica Willemarck
Secretary
$10,163
$10,163 No related compNo other comp
Kyle Weideman
Treasurer
$8,447
$8,447 No related compNo other comp
Scott Veitenheimer
President
$8,320
$8,320 No related compNo other comp

Contractors

Central Applicators Inc.
Row Clearing
$704,880
Lake States Construction LLC
Line Building
$511,936
Star Energy Services LLC
Engineering
$201,571
Gulbranson Inc.
Underground Exc
$124,036

Mission Statement

ELECTRIC ENERGY DISTRIBUTION.

Revisions to this organization profile

July 10, 2025:
2024 Cooperative Light & Power 990 filed
July 21, 2024:
2023 Cooperative Light & Power 990 filed
May 9, 2023:
2022 Cooperative Light & Power 990 filed

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Other organizations also named Cooperative Light & Power

Meeker Cooperative Light & Power Association
Litchfield, Minnesota
Minnesota Valley Cooperative Light & Power Association
Montevideo, Minnesota