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Organizations People's Cooperative Services

People's Cooperative Services

Fiscal year ending 2020. Filed on November 11, 2021.

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 2020 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 $183,613. The highest compensated employee at People's Cooperative Services is Michael J Henke with fiscal year 2020 compensation of $274,134.

Revenue, expenses, and employee compensation

Revenue

$50,934,128

Expenses

$51,260,027

Employee compensation

$599,985
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael J Henke
President and Chief Executive Officer
$274,134
$201,059 No related comp$73,075
Gary Fitterer
Engineering Director
$182,215
$119,955 No related comp$62,260
Gary Koehne
Lineworker
$181,457
$115,900 No related comp$65,557
Anthony Stern
Chief Financial Officer
$170,177
$105,924 No related comp$64,253
Tyler Steinbrink
Lineworker
$169,307
$117,819 No related comp$51,488
Michelle Olson
Member Services Director
$155,416
$126,724 No related comp$28,692
Mark Hallum
Lineworker
$152,587
$116,378 No related comp$36,209

Benchmark Employee Compensation

Non-Employee Board Members

Kenneth Wohlers
Secretary and Treasurer
$21,324
$21,324 No related compNo other comp
Joe Book
Director
$20,825
$20,825 No related compNo other comp
Jerome Wooner
Board Chair
$20,521
$20,521 No related compNo other comp
Robert J Hoefs
Director
$18,978
$18,978 No related compNo other comp
Art Friedrich
Vice Chair
$18,977
$18,977 No related compNo other comp
Tracy Lauritzen
Director
$17,094
$17,094 No related compNo other comp
Jeffery Orth
Director
$16,148
$16,148 No related compNo other comp

Contractors

Quanta Electric Power Services LLC
Line Construction
$4,026,092
Highline Construction Inc.
Line Construction
$1,565,996
New Age Tree Service
Tree Clearing
$1,345,179
Carr's Tree Service
Tree Clearing
$1,062,731
Mastec North America Inc.
Line Construction
$978,006

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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Other organizations also named People's Cooperative Services

People's Cooperative Services Trust
Oronoco, Minnesota