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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 Kandiyohi Power Cooperative

Kandiyohi Power Cooperative

Fiscal year ending 2024. Filed on October 24, 2025.

8605 47th St NE
Spicer, Minnesota 56288

Kandiyohi Power Cooperative (EIN: 41-0345595) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Kandiyohi Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 29 total employees. Among the employees shown here, the average compensation is $185,564. The highest compensated employee at Kandiyohi Power Cooperative is Ryan Nelson with fiscal year 2024 compensation of $280,187.

Revenue, expenses, and employee compensation

Revenue

$23,791,639

Expenses

$23,754,534

Employee compensation

$574,679
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Nelson
Chief Executive Officer
$280,187
$223,437 No related comp$56,750
Patrick Krueger
Chief Financial Officer
$214,284
$164,449 No related comp$49,835
Casey Jenny
Journeyman LINE TECH In-Charge
$168,189
$131,025 No related comp$37,164
Michael Marcus
Journeyman LINE TECH In-Charge
$164,476
$127,157 No related comp$37,319
Brent Hatlestad
Line Superintendent
$163,823
$124,418 No related comp$39,405
Troy Mead
Line Foreman
$155,879
$116,913 No related comp$38,966
Dustin Welz
Journeyman LINE TECH In-Charge
$152,113
$120,731 No related comp$31,382

Benchmark Employee Compensation

Non-Employee Board Members

Dale Anderson
Chair
$9,530
$9,530 No related compNo other comp
Larry Powers
Director
$9,455
$9,455 No related compNo other comp
Stanley Wubben
Secretary
$9,180
$9,180 No related compNo other comp
Todd Post
Vice Chair
$9,055
$9,055 No related compNo other comp
Kelly Erickson
Director
$8,955
$8,955 No related compNo other comp
Rollo Campe
Director
$8,205
$8,205 No related compNo other comp
Diane Helgeson
Director
$8,080
$8,080 No related compNo other comp
Darrell Fostervold
Director
$8,080
$8,080 No related compNo other comp
Dan Pomranke
Director
$7,455
$7,455 No related compNo other comp

Contractors

Midwest Underground of MN
Plow Underground Cable
$776,311
Premier Locating
Underground Utility Contractor
$241,146
Treestory
Tree
$224,102
Star Energy Services LLC
Professional Services/Consulting
$131,092

Mission Statement

TO PROVIDE ELECTRIC DISTRIBUTION AND OTHER RELATED SERVICES TO ITS 9,049 MEMBERS.

Revisions to this organization profile

October 24, 2025:
2024 Kandiyohi Power Cooperative 990 filed
September 6, 2024:
2023 Kandiyohi Power Cooperative 990 filed
September 11, 2023:
2022 Kandiyohi Power Cooperative 990 filed

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