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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 East Central Energy

East Central Energy

Fiscal year ending 2018. Filed on September 30, 2019.

PO Box 39
Braham, Minnesota 55006

East Central Energy (EIN: 41-0480748) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, East Central Energy, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 163 total employees. Among the employees shown here, the average compensation is $244,976. The highest compensated employee at East Central Energy is Cheryl Hagfors with fiscal year 2018 compensation of $387,098.

Revenue, expenses, and employee compensation

Revenue

$127,272,111

Expenses

$131,530,098

Employee compensation

$1,103,280
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Cheryl Hagfors
Cfo/Vp Business and Energy S
$387,098
$221,143 No related comp$165,955
Steve Shurts
President and Chief Executive Officer
$382,509
$285,276 No related comp$97,233
Vern Johnson
Coo/Vp of Operations
$332,594
$222,190 No related comp$110,404
Joseph Diethelm
LINE Personnel
$189,387
$139,768 No related comp$49,619
Mark MacHovec
LINE Personnel
$185,149
$144,230 No related comp$40,919
Christy Flaspeter
Human Resources Manager
$175,978
$141,837 No related comp$34,141
Tanner Olson
LINE Personnel
$155,545
$143,981 No related comp$11,564
Kevin Klock
LINE Personnel
$151,545
$134,597 No related comp$16,948

Benchmark Employee Compensation

Non-Employee Board Members

Garry Bye
Director
$14,750
$14,750 No related compNo other comp
Wayne Eller
Vice Chair
$14,200
$14,200 No related compNo other comp
Jerry Tvedt
Chair
$14,150
$14,150 No related compNo other comp
Diane Zimmerman
Assistant Secretary and Treasurer
$13,900
$13,900 No related compNo other comp
Linda Laitala
Secretary and Treasurer
$12,900
$12,900 No related compNo other comp
Lonnie Johnson
Director
$12,100
$12,100 No related compNo other comp
Donald Swanson
Director
$11,400
$11,400 No related compNo other comp
David Deutschlander
Director
$11,350
$11,350 No related compNo other comp
Jim Jesok
Director
$10,300
$10,300 No related compNo other comp
Wes Siemers
Director
$9,700
$9,700 No related compNo other comp
Joseph Morley
Director
$9,200
$9,200 No related compNo other comp
Greg Kvanicka
Director
$7,850
$7,850 No related compNo other comp

Contractors

New Age Tree Service Inc.
Tree Trimming/Clearing
$1,589,672
R & G Waldhalm Contractors
Excavation Work
$1,245,248
Lakes States Tree Service Inc.
Tree Trimming/Clearing
$1,025,887
Highline Construction
Power Line Construction
$983,167
Premier Locating LLC
Wire Locating
$474,732

Mission Statement

TO PROVIDE ELECTRIC DISTRIBUTION, FIBER AND OTHER RELATED SERVICES TO ITS MEMBERS.

Revisions to this organization profile

November 11, 2025:
2024 East Central Energy 990 filed
November 14, 2024:
2023 East Central Energy 990 filed
November 8, 2023:
2022 East Central Energy 990 filed

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East Central Energy Trust
Braham, Minnesota