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Organizations People's Cooperative Services

People's Cooperative Services

Fiscal year ending 2024. Filed on October 31, 2025.

1775 Lake Shady Avenue South
Oronoco, Minnesota 55960

People's Cooperative Services (EIN: 41-0473341), also known as People's Energy Cooperative, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, People's Cooperative Services, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 69 total employees. Among the employees shown here, the average compensation is $242,843. The highest compensated employee at People's Cooperative Services is Michael J Henke with fiscal year 2024 compensation of $411,714.

Revenue, expenses, and employee compensation

Revenue

$58,283,541

Expenses

$56,974,643

Employee compensation

$752,186
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael J Henke
President and Chief Executive Officer
$411,714
$281,455 No related comp$130,259
Dody Wubker
Chief Financial Officer
$231,910
$150,806 No related comp$81,104
Michelle Olson
Vice President of Information and Services
$231,717
$154,156 No related comp$77,561
Gwen Stevens
Vice President of Cooperative Relations
$229,218
$153,038 No related comp$76,180
Tyler Steinbrink
Lineworker
$205,865
$153,198 No related comp$52,667
Nicholas Woetzel
Vice President, Operations
$197,311
$136,371 No related comp$60,940
Nathan Cliff
Lineworker
$192,168
$134,511 No related comp$57,657

Benchmark Employee Compensation

Non-Employee Board Members

Tracy Lauritzen
Board Treasurer
$27,513
$27,513 No related compNo other comp
John D Winter
Director
$24,475
$24,475 No related compNo other comp
Jodie Tvedt
Board Vice Chair
$22,075
$22,075 No related compNo other comp
Jerome Wooner
Board Chair
$19,725
$19,725 No related compNo other comp
Arther Friedrich
Director
$19,675
$19,675 No related compNo other comp
Jeffery Orth
Director
$19,225
$19,225 No related compNo other comp
Jonathan Kroening
Board Secretary
$18,513
$18,513 No related compNo other comp

Contractors

Riggs Tree Service LLC
Tree Clearing
$1,635,680
E & J Underground LLC
Line Construction
$972,675
Highline Construction Inc
Line Construction
$921,495
Carr's Tree Service Inc.
Tree Clearing
$551,226
Mastec Network Solutions LLC
Line Construction
$271,466

Mission Statement

TO DISTRIBUTE ELECTRICITY TO THE MEMBERS OF THE ELECTRIC COOPERATIVE.

Revisions to this organization profile

October 31, 2025:
2024 People's Cooperative Services 990 filed
October 29, 2024:
2023 People's Cooperative Services 990 filed
October 10, 2023:
2022 People's Cooperative Services 990 filed

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People's Cooperative Services Trust
Oronoco, Minnesota