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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 2018. Filed on October 2, 2019.

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 2018 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 113 total employees. Among the employees shown here, the average compensation is $209,532. The highest compensated employee at Minnesota Valley Electric Cooperative is Marvin Denzer with fiscal year 2018 compensation of $274,198.

Revenue, expenses, and employee compensation

Revenue

$96,408,322

Expenses

$96,525,782

Employee compensation

$938,040
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marvin Denzer
Vice President KEY Accounts
$274,198
$186,199 No related comp$87,999
Ryan Hentges
General Manager
$266,833
$198,687 No related comp$68,146
Gerald Mareck
Vice President, Finance
$232,480
$172,616 No related comp$59,864
Steven Volek
Foreman
$198,974
$152,521 No related comp$46,453
Eddie Webster
Vice President Corporate Services
$181,242
$157,016 No related comp$24,226
Terri Bakken
Vice President, Member Services
$179,178
$137,353 No related comp$41,825
Bryan Ott
ONE MAN Maintenance
$172,306
$138,838 No related comp$33,468
Curt Cordt
Engineering Manager
$171,048
$146,454 No related comp$24,594

Benchmark Employee Compensation

Non-Employee Board Members

Brent Lawrence
President
$22,200
$22,200 No related compNo other comp
Michelle Morrison
Secretary and Treasurer
$18,780
$18,780 No related compNo other comp
Gary Haberman
Vice President
$18,347
$18,347 No related compNo other comp
Kevin Gibbs
Director
$18,134
$18,134 No related compNo other comp
William Heinlein
Director
$18,000
$18,000 No related compNo other comp
James Connelly
Director
$18,000
$18,000 No related compNo other comp
Frances Barten
Director
$18,000
$18,000 No related compNo other comp
Thomas Wolf
Director
$18,000
$18,000 No related compNo other comp
Deborah Erickson
Director
$13,620
$13,620 No related compNo other comp

Contractors

Donlie Underground Inc.
Underground Installation
$2,952,364
Carr's Tree Service
Tree Trimming
$1,759,138
Karianpeterson Power Line Contracting
Powerline Construction
$1,188,420
National Information Solutions Cooperati
Software Support Data Processing
$653,523
Powerhouse Electric
Electrical Contractor
$180,620

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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