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Organizations East Central Energy

East Central Energy

Fiscal year ending 2020. Filed on October 18, 2021.

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 2020 IRS Form 990 filing, East Central Energy, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 169 total employees. Among the employees shown here, the average compensation is $254,768. The highest compensated employee at East Central Energy is Vern Johnson with fiscal year 2020 compensation of $430,167.

Revenue, expenses, and employee compensation

Revenue

$127,219,565

Expenses

$127,044,567

Employee compensation

$1,338,368
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Vern Johnson
Coo/Vp of Operations
$430,167
$294,945 No related comp$135,222
Cheryl Hagfors
Cfo/Vp Business and Energy S
$339,493
$252,676 No related comp$86,817
Mark Nelson
Manager, Gov'T and Business Relations
$280,425
$150,260 No related comp$130,165
Tor Kindem
Crew Foreman
$239,540
$167,808 No related comp$71,732
Steve Shurts
President and Chief Executive Officer
$224,789
$206,567 No related comp$18,222
Justin Jahnz
President and Chief Executive Officer
$207,789
$160,942 No related comp$46,847
Mark MacHovec
LINE Personnel
$201,128
$154,980 No related comp$46,148
Tanner Olson
LINE Personnel
$186,636
$170,045 No related comp$16,591
Christy Flaspeter
Human Resources Manager
$182,949
$152,834 No related comp$30,115

Benchmark Employee Compensation

Non-Employee Board Members

Linda Laitala
Chair
$17,125
$17,125 No related compNo other comp
Greg Kvanicka
Assistant Secretary and Treasurer
$14,325
$14,325 No related compNo other comp
Diane Zimmerman
Secretary and Treasurer
$14,025
$14,025 No related compNo other comp
Wayne Eller
Vice Chair
$12,825
$12,825 No related compNo other comp
Jerry Tvedt
Director
$12,600
$12,600 No related compNo other comp
Garry Bye
Director
$12,075
$12,075 No related compNo other comp
Lonnie Johnson
Vice Chair
$11,850
$11,850 No related compNo other comp
Joseph Morley
Director
$11,175
$11,175 No related compNo other comp
Jim Jesok
Director
$11,175
$11,175 No related compNo other comp
David Deutschlander
Director
$10,575
$10,575 No related compNo other comp
Wes Siemers
Director
$10,275
$10,275 No related compNo other comp
Rick Olsen
Director
$8,650
$8,650 No related compNo other comp

Contractors

R & G Waldhalm Contractors
Excavation Work
$2,071,794
Lakes States Tree Service Inc.
Tree Trimming/Clearing
$1,460,989
Yts Companies
Tree Trimming/Clearing
$915,027
Highline Construction Inc.
Power Line Construction
$686,546
New Age Tree Service
Tree Trimming/Clearing
$669,604

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