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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 2019. Filed on October 16, 2020.

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 2019 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 118 total employees. Among the employees shown here, the average compensation is $226,103. The highest compensated employee at Minnesota Valley Electric Cooperative is Ryan Hentges with fiscal year 2019 compensation of $306,066.

Revenue, expenses, and employee compensation

Revenue

$92,655,686

Expenses

$92,342,792

Employee compensation

$1,010,244
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Hentges
General Manager
$306,066
$236,662 No related comp$69,404
Marvin Denzer
Vice President KEY Accounts
$280,859
$192,519 No related comp$88,340
Gerald Mareck
Vice President, Finance
$245,797
$184,736 No related comp$61,061
James Schwalbe
Foreman - LEAD
$211,041
$148,984 No related comp$62,057
Steven Volek
Foreman
$198,997
$155,304 No related comp$43,693
Stuart Haefner
Foreman Maintenance
$196,172
$148,545 No related comp$47,627
Bryan Ott
ONE MAN Maintenance
$193,765
$159,946 No related comp$33,819
Curt Cordt
Engineering Manager
$176,126
$149,090 No related comp$27,036

Benchmark Employee Compensation

Non-Employee Board Members

Brent Lawrence
President
$22,250
$22,250 No related compNo other comp
Michelle Morrison
Secretary and Treasurer
$18,830
$18,830 No related compNo other comp
Gary Haberman
Vice President
$18,530
$18,530 No related compNo other comp
Frances Barten
Director
$18,050
$18,050 No related compNo other comp
William Heinlein
Director
$18,050
$18,050 No related compNo other comp
Kevin Gibbs
Director
$18,050
$18,050 No related compNo other comp
James Connelly
Director
$18,050
$18,050 No related compNo other comp
Thomas Wolf
Director
$18,050
$18,050 No related compNo other comp
Deborah Erickson
Director
$13,900
$13,900 No related compNo other comp

Contractors

Donlie Underground Inc.
Underground Installation
$2,830,328
Carr's Tree Service
Tree Trimming
$1,835,323
Karianpeterson Power Line Contracting
Powerline Construction
$1,484,726
National Information Solutions Cooperati
Software Support Data Processing
$603,208
Highline Construction Inc.
Powerline Construction
$502,073

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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