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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 North Itasca Electric Cooperative Inc.

North Itasca Electric Cooperative Inc.

Fiscal year ending 2017. Filed on November 2, 2018.

301 Main Avenue
Bigfork, Minnesota 56628

North Itasca Electric Cooperative Inc. (EIN: 41-0445923) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, North Itasca Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 20 total employees. Among the employees shown here, the average compensation is $84,421. The highest compensated employee at North Itasca Electric Cooperative Inc. is Joel Karels with fiscal year 2017 compensation of $131,251.

Revenue, expenses, and employee compensation

Revenue

$8,712,856

Expenses

$8,704,443

Employee compensation

$1,724,325
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joel Karels
CFO (Jan-May)
$131,251
$103,911 No related comp$27,340
Chris Corradi
CEO (Jan-May)
$98,777
$56,460 No related comp$42,317
Tina Danielson
CFO (Jun-Dec)
$98,434
$73,671 No related comp$24,763
Dan Hoskins
Interim CEO (May-Jul)
$49,092
$49,092 No related compNo other comp
Brad Dolinski
CEO (Aug-Dec)
$44,550
$36,762 No related comp$7,788

Benchmark Employee Compensation

Non-Employee Board Members

James White
Director
$19,048
$19,048 No related compNo other comp
Terry Schmitz
Vice President
$13,577
$13,577 No related compNo other comp
Lloyd Kongsjord
Secretary
$13,173
$13,173 No related compNo other comp
Larry Salmela
President
$12,176
$12,176 No related compNo other comp
Roy Bain
Treasurer
$9,003
$9,003 No related compNo other comp
Bruce Leino
Director
$7,480
$7,480 No related compNo other comp
Walter Breeze
Director
$7,255
$7,255 No related compNo other comp
Wes Waller
Director
$7,205
$7,205 No related compNo other comp
James Cox
Director
$6,728
$6,728 No related compNo other comp

Contractors

Lovdahl & Sons LLC
Row Clearings/Debris Cleanup
$286,000

Mission Statement

DELIVERING VALUE TO OUR MEMBERS AND COMMUNITIES BY PROVIDING SAFE, RELIABLE AND PROGRESSIVE ENERGY AND OTHER SERVICES.

Revisions to this organization profile

November 12, 2025:
2024 North Itasca Electric Cooperative Inc. 990 filed
November 7, 2024:
2023 North Itasca Electric Cooperative Inc. 990 filed
October 19, 2023:
2022 North Itasca Electric Cooperative Inc. 990 filed

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