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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 Electric Cooperative

Minnesota Valley Electric Cooperative

Fiscal year ending 2017. Filed on August 8, 2018.

125 Minnesota Valley Electric Drive
Jordan, Minnesota 55352

Minnesota Valley Electric Cooperative (EIN: 41-0419150) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Minnesota Valley Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 106 total employees. Among the employees shown here, the average compensation is $201,913. The highest compensated employee at Minnesota Valley Electric Cooperative is Ryan Hentges with fiscal year 2017 compensation of $267,815.

Revenue, expenses, and employee compensation

Revenue

$89,725,384

Expenses

$90,057,533

Employee compensation

$871,378
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Hentges
General Manager
$267,815
$209,955 No related comp$57,860
Marvin Denzer
Vice President KEY Accounts
$245,241
$176,520 No related comp$68,721
Gerald Mareck
Vice President, Finance
$211,638
$153,540 No related comp$58,098
Daryl Hoffman
Vice President, Operations
$196,168
$176,360 No related comp$19,808
Steven Volek
Foreman
$194,558
$151,459 No related comp$43,099
Lee Hoese
Foreman
$171,287
$139,411 No related comp$31,876
Curt Cordt
Engineering Manager
$164,769
$140,765 No related comp$24,004
Eddie Webster
Vice President Corporate Services
$163,829
$142,578 No related comp$21,251

Benchmark Employee Compensation

Non-Employee Board Members

Brent Lawrence
President
$18,030
$18,030 No related compNo other comp
Gary Haberman
Director
$15,710
$15,710 No related compNo other comp
Deborah Erickson
Director
$15,005
$15,005 No related compNo other comp
William Heinlein
Director
$14,065
$14,065 No related compNo other comp
James Connelly
Director
$12,890
$12,890 No related compNo other comp
Thomas Wolf
Director
$11,950
$11,950 No related compNo other comp
Michelle Morrison
Secretary and Treasurer
$11,790
$11,790 No related compNo other comp
Frances Barten
Director
$11,245
$11,245 No related compNo other comp
Kevin Gibbs
Vice President
$11,020
$11,020 No related compNo other comp

Contractors

Donlie Underground Inc.
Underground Installation
$2,616,274
Carr's Tree Service
Tree Trimming
$1,720,904
Karianpeterson Power Line Contracting
Powerline Construction
$927,756
National Information Solutions Cooperati
Software Support Data Processing
$626,277
Powerhouse Electric
Electrical Contractor
$243,217

Mission Statement

PROVIDE ELECTRIC SERVICE TO MEMBERS

Revisions to this organization profile

November 5, 2025:
2024 Minnesota Valley Electric Cooperative 990 filed
November 14, 2024:
2023 Minnesota Valley Electric Cooperative 990 filed
November 2, 2023:
2022 Minnesota Valley Electric Cooperative 990 filed

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