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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 Minnesota Valley Cooperative Light & Power Association

Minnesota Valley Cooperative Light & Power Association

Fiscal year ending 2017. Filed on October 1, 2018.

PO Box 248
Montevideo, Minnesota 56265

Minnesota Valley Cooperative Light & Power Association (EIN: 41-0419129) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2017 IRS Form 990 filing, Minnesota Valley Cooperative Light & Power Association, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 39 total employees. Among the employees shown here, the average compensation is $236,258. The highest compensated employee at Minnesota Valley Cooperative Light & Power Association is Patrick Carruth with fiscal year 2017 compensation of $436,887.

Revenue, expenses, and employee compensation

Revenue

$21,105,262

Expenses

$21,002,885

Employee compensation

$553,407
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Carruth
General Manager
$436,887
$254,860 No related comp$182,027
Robert Kratz
Operations Manager
$207,835
$103,982 No related comp$103,853
Robert Walsh
Member SERV Manager
$185,865
$133,694 No related comp$52,171
John Williamson
Operations Manager
$182,321
$114,582 No related comp$67,739
Kent Smith
Foreman
$168,383
$103,082 No related comp$65,301

Benchmark Employee Compensation

Non-Employee Board Members

Timothy Velde
Secretary
$20,040
$20,040 No related compNo other comp
Mark Peterson
Vice President
$19,080
$19,080 No related compNo other comp
Gary Groothuis
Treasurer
$19,040
$19,040 No related compNo other comp
Darryl Bursack
Director
$19,000
$19,000 No related compNo other comp
Donald Fernholz
Director
$18,920
$18,920 No related compNo other comp
Steve Norman
President
$18,840
$18,840 No related compNo other comp
Wayne Peltier
Director
$18,600
$18,600 No related compNo other comp

Mission Statement

MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION IS A PROACTIVE COOPERATIVE THAT CONTINUES TO PROVIDE VALUE TO OUR MEMBERS.

Revisions to this organization profile

September 22, 2025:
2024 Minnesota Valley Cooperative Light & Power Association 990 filed
November 14, 2024:
2023 Minnesota Valley Cooperative Light & Power Association 990 filed
November 6, 2023:
2022 Minnesota Valley Cooperative Light & Power Association 990 filed

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