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Organizations Minnesota Valley Cooperative Light & Power Association

Minnesota Valley Cooperative Light & Power Association

Fiscal year ending 2021. Filed on November 10, 2022.

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 2021 IRS Form 990 filing, Minnesota Valley Cooperative Light & Power Association, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 38 total employees. Among the employees shown here, the average compensation is $278,963. The highest compensated employee at Minnesota Valley Cooperative Light & Power Association is Patrick Carruth with fiscal year 2021 compensation of $469,175.

Revenue, expenses, and employee compensation

Revenue

$22,632,419

Expenses

$23,060,089

Employee compensation

$680,661
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Carruth
General Manager
$469,175
$431,536 No related comp$37,639
Robert Kratz
Operations Manager
$393,776
$245,296 No related comp$148,480
James Hughes
Foreman
$228,852
$113,668 No related comp$115,184
Kent Smith
Foreman
$223,518
$115,189 No related comp$108,329
Jill Rothschadl
Office Manager
$186,752
$153,354 No related comp$33,398
Trevor Diggins
System Coordinator
$171,707
$109,018 No related comp$62,689

Benchmark Employee Compensation

Non-Employee Board Members

Darryl Bursack
Director
$19,082
$19,082 No related compNo other comp
Mark Peterson
Secretary
$18,720
$18,720 No related compNo other comp
Donald Fernholz
Vice President
$18,640
$18,640 No related compNo other comp
Timothy Velde
Director
$18,600
$18,600 No related compNo other comp
Gary Groothuis
Treasurer
$18,600
$18,600 No related compNo other comp
Steve Norman
President
$18,600
$18,600 No related compNo other comp
Wayne Peltier
Director
$18,440
$18,440 No related compNo other comp

Contractors

Karian Peterson Powerline
Powerline Contracting
$1,701,331
Minnesota Valley Tree Service
Right of Way Tree Cleaning
$1,047,698
Power Systems Engineering Inc.
Engineering Consulting
$262,675
Nisc
Computer Software
$111,139

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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