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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 Public & Societal Benefit District Energy St Paul Inc.

District Energy St Paul Inc.

Fiscal year ending 2021. Filed on August 15, 2022.

305 St Peter Street
ST Paul, Minnesota 55102

District Energy St Paul Inc. (EIN: 41-1358662) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, District Energy St Paul Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 93 total employees. Among the employees shown here, the average compensation is $315,031. The highest compensated employee at District Energy St Paul Inc. is Kenneth Smith with fiscal year 2021 compensation of $733,148.

Revenue, expenses, and employee compensation

Revenue

$38,563,375

Expenses

$37,956,895

Employee compensation

$12,637,742
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth Smith
President and Chief Executive Officer
$733,148
$523,208 $150,840 $59,100
Andrew Kasid
Evp/Cfo Finance and ACCT
$398,535
$228,331 $124,321 $45,883
Michael Burns
Senior Vice President Operations MGMT
$383,297
$127,631 $204,714 $50,952
Michael Ahern
Senior Vice President System Development
$377,558
$101,971 $233,953 $41,634
Michael Auger
Vice President General Counsel and CORP Secretary
$323,880
$167,990 $132,943 $22,947
Pamela Sarne
Vice President, Accounting
$245,160
$110,892 $99,198 $35,070
Stephen Rambeck
Director of Business DEV
$214,178
$164,257 $37,608 $12,313
Nina Axelson
Vice President, Public Relations
$205,725
$126,075 $68,578 $11,072
Katherine Verhasselt
Vice President, Human Resources
$198,961
$108,694 $72,552 $17,715
Christopher Peterson
Production Director
$198,622
$165,329 No related comp$33,293
Anders Rydaker
Executive Vice President Sustainable Energy Solutions
$186,277
$150,894 $16,766 $18,617

Benchmark Employee Compensation

Non-Employee Board Members

Kristina Taylor
Chair and Officer
$14,700
$0 $14,700 No other comp
Nicole Hansen
Director
No compensation reported
David Ybarra
Director
No compensation reported
Heidi Conrad
Director
No compensation reported
Erin Campbell
Director
No compensation reported
Patricia Wolf
Director
No compensation reported
Beverly Jones Heydinger
Director
No compensation reported
Julio Fesser
Director
No compensation reported
Ken Peterson
Director
No compensation reported

Contractors

Pioneer Power Inc.
Construction/Repair
$304,553
Ckc Contracting Inc.
Construction/Repair
$274,454
Hunt Electric Corporation
Construction/Repair
$130,614
Collins Electrical Constructions Inc.
Construction/Repair
$111,139

Mission Statement

TO DEVELOP, CONSTRUCT, & OPERATE A DISTRICT HEATING SYSTEM FOR ST. PAUL, MINNESOTA THAT BENEFITS ITS CUSTOMERS, COMMUNITY AND THE ENVIRONMENT.

Revisions to this organization profile

August 14, 2025:
2024 District Energy St Paul Inc. 990 filed
August 14, 2024:
2023 District Energy St Paul Inc. 990 filed
August 14, 2023:
2022 District Energy St Paul Inc. 990 filed

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