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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 2023. Filed on August 14, 2024.

305 St Peter Street
Suite 500
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 2023 IRS Form 990 filing, District Energy St Paul Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 105 total employees. Among the employees shown here, the average compensation is $473,036. The highest compensated employee at District Energy St Paul Inc. is Kenneth Smith with fiscal year 2023 compensation of $1,081,583.

Revenue, expenses, and employee compensation

Revenue

$61,525,227

Expenses

$54,846,368

Employee compensation

$13,716,321
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth Smith
President and Chief Executive Officer
$1,081,583
$514,910 $502,612 $64,061
Andrew Kasid
Evp/Cfo Finance and Accounting
$627,725
$244,471 $323,774 $59,480
Michael Burns
Senior Vice President Operations Management
$609,829
$125,869 $415,658 $68,302
Michael Ahern
Senior Vice President System Development
$606,036
$58,292 $489,443 $58,301
Michael Auger
Senior Vice President, Chief Business Officer and Corporate Secretary
$515,027
$191,381 $266,549 $57,097
Pamela Sarne
Vice President, Accounting
$391,890
$106,089 $246,329 $39,472
Katherine Verhasselt
Senior Vice President, Chief People and Communications Officer
$246,202
$83,151 $139,309 $23,742
Stephen Rambeck
Business Development Director
$224,296
$180,113 $31,108 $13,075
Christopher Peterson
Production Director
$222,017
$172,053 No related comp$49,964
Amy Stanton
Director, Environmental Health and Safety
$205,758
$86,041 $82,039 $37,678

Benchmark Employee Compensation

Non-Employee Board Members

Kristina Taylor
Chair and Officer (Term 02/2023)
$27,850
$0 $27,850 No other comp
Beverly Jones Heydinger
Director
No compensation reported
Kelly Lange
Director
No compensation reported
Heide Kempf-Schwarze
Director
No compensation reported
Heidi Conrad
Chair and Officer
No compensation reported
David Ybarra
Director
No compensation reported
Pat Wolf
Director
No compensation reported
Patrice Bailey
Director
No compensation reported
Ken Peterson
Director
No compensation reported

Contractors

Nova-Frost
Construction/Repair
$987,600
Pioneer Power Inc.
Construction/Repair
$502,400
Collins Electrical Constructions Inc.
Construction/Repair
$210,641
Hunt Electric Corporation
Construction/Repair
$167,902
Frattalone Companies
Construction/Repair
$160,774

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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