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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 2021. Filed on November 15, 2022.

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 2021 IRS Form 990 filing, Minnesota Valley Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 118 total employees. Among the employees shown here, the average compensation is $239,440. The highest compensated employee at Minnesota Valley Electric Cooperative is Ryan Hentges with fiscal year 2021 compensation of $394,191.

Revenue, expenses, and employee compensation

Revenue

$97,633,848

Expenses

$96,823,868

Employee compensation

$1,208,075
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Hentges
Chief Executive Officer
$394,191
$283,231 No related comp$110,960
Marvin Denzer
Vice President of Energy Services
$332,620
$201,279 No related comp$131,341
Michael Dietz
Operations Manager
$236,801
$148,908 No related comp$87,893
Joseph Jutz
Lineman
$216,615
$167,218 No related comp$49,397
Lee Hoese
Foreman - Maintenance
$210,813
$148,794 No related comp$62,019
Terri Bakken
Vice President, Member Services
$208,262
$148,808 No related comp$59,454
Bryan Ott
Maintenance
$202,563
$151,021 No related comp$51,542
Joanne Kolb
Vice President Finance (Started March 2021)
$201,455
$188,154 No related comp$13,301
Gerald Mareck
Vice President Finance (Retired April 2021)
$151,643
$142,503 No related comp$9,140

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
Frances Barten
Vice President
$18,530
$18,530 No related compNo other comp
Thomas Wolf
Director
$18,050
$18,050 No related compNo other comp
James Connelly
Director
$18,050
$18,050 No related compNo other comp
Gary Haberman
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
Deborah Erickson
Director
$13,830
$13,830 No related compNo other comp

Contractors

Carr's Tree Service Inc.
Tree Trimming
$2,553,918
Donlie Underground Inc.
Underground Installation
$2,318,042
National Information Solutions Cooperati
Software Support Data Processing
$736,878
Power System Engineering Inc.
Engineering
$196,465
Mbi Designbuild LLC
Concrete Contractor
$184,219

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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