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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 Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric

Fiscal year ending 2017. Filed on September 4, 2018.

2411 West Bridge Street PO Box 485
Owatonna, Minnesota 55060

Steele-Waseca Cooperative Electric (EIN: 41-0558515) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Steele-Waseca Cooperative Electric, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 35 total employees. Among the employees shown here, the average compensation is $192,742. The highest compensated employee at Steele-Waseca Cooperative Electric is Sydney Briggs with fiscal year 2017 compensation of $279,717.

Revenue, expenses, and employee compensation

Revenue

$39,569,632

Expenses

$39,569,632

Employee compensation

$698,102
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sydney Briggs
General Manager
$279,717
$185,325 No related comp$94,392
David Lundberg
Finance Manager
$192,241
$129,083 No related comp$63,158
Jack Schwab
Line Foreman
$181,148
$116,030 No related comp$65,118
Nordean Hartle
Line Foreman
$180,938
$108,352 No related comp$72,586
Kim Huxford
Operations Manager
$177,392
$119,004 No related comp$58,388
Jon Stelter
Controller
$169,310
$110,852 No related comp$58,458
Douglas Hughes
Marketing Manager
$168,449
$107,838 No related comp$60,611

Benchmark Employee Compensation

Non-Employee Board Members

Renee Malecha
Secretary and Treasurer
$35,797
$35,797 No related compNo other comp
Patrick Duchene
Director
$35,517
$35,517 No related compNo other comp
Duane Edwardson
Director
$33,902
$33,902 No related compNo other comp
Gary Wilson
President
$30,221
$30,221 No related compNo other comp
John Beal
Vice President
$27,271
$27,271 No related compNo other comp
Dennis Ringhofer
Director
$26,661
$26,661 No related compNo other comp
Ronald Sommers
Acting Secretary/Treasurer
$13,685
$13,685 No related compNo other comp
Geraldine Lienke
Director
$12,285
$12,285 No related compNo other comp
Rodney Krell
Director
$10,805
$10,805 No related compNo other comp

Contractors

Midwest Diversified Utilities
Underground Utility Construction
$553,076
Carr's Tree Service
Tree Clearing
$426,118

Mission Statement

THE MISSION OF STEELE-WASECA COOPERATIVE ELECTRIC IS TO PROVIDE COMPETITIVE, RELIABLE QUALITY SERVICE TO OUR MEMBERSHIP.

Revisions to this organization profile

September 16, 2025:
2024 Steele-Waseca Cooperative Electric 990 filed
November 8, 2024:
2023 Steele-Waseca Cooperative Electric 990 filed
November 2, 2023:
2022 Steele-Waseca Cooperative Electric 990 filed

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