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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 2023. Filed on September 6, 2024.

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 2023 IRS Form 990 filing, Kandiyohi Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 27 total employees. Among the employees shown here, the average compensation is $162,426. The highest compensated employee at Kandiyohi Power Cooperative is Ryan Nelson with fiscal year 2023 compensation of $227,306.

Revenue, expenses, and employee compensation

Revenue

$24,404,256

Expenses

$24,168,407

Employee compensation

$489,164
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Nelson
Chief Executive Officer
$227,306
$177,504 No related comp$49,802
Patrick Krueger
Chief Financial Officer
$181,435
$136,536 No related comp$44,899
Troy Mead
Line Foreman
$153,885
$116,169 No related comp$37,716
Michael Marcus
Journeyman LINE TECH In-Charge
$150,187
$113,106 No related comp$37,081
Casey Jenny
Journeyman LINE TECH In-Charge
$148,491
$111,522 No related comp$36,969
Dustin Welz
Journeyman LINE TECH In-Charge
$145,677
$114,754 No related comp$30,923
Robert Sankey
Journeyman LINE TECH In-Charge
$130,003
$114,766 No related comp$15,237

Benchmark Employee Compensation

Non-Employee Board Members

Todd Post
Vice Chair
$10,305
$10,305 No related compNo other comp
Diane Helgeson
Director
$8,955
$8,955 No related compNo other comp
Stanley Wubben
Secretary
$8,805
$8,805 No related compNo other comp
Kelly Erickson
Director
$8,705
$8,705 No related compNo other comp
Dale Anderson
Chair
$8,655
$8,655 No related compNo other comp
Rollo Campe
Director
$8,580
$8,580 No related compNo other comp
Larry Powers
Director
$8,455
$8,455 No related compNo other comp
Dan Pomranke
Director
$8,330
$8,330 No related compNo other comp
Darrell Fostervold
Director (Started April 2023)
$5,345
$5,345 No related compNo other comp
Robbert Stone
Director (Through March 2023)
$2,235
$2,235 No related compNo other comp

Contractors

Midwest Underground of MN
Plow Underground Cable
$733,370
Premier Locating
Underground Utility Contractor
$322,865
Treestory
Tree
$294,063
Star Energy Services LLC
Professional Services/Consulting
$275,983
B & B Transformer Inc.
Inventory Refurbishment
$216,080

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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