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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 2019. Filed on November 3, 2020.

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 2019 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 33 total employees. Among the employees shown here, the average compensation is $206,171. The highest compensated employee at Steele-Waseca Cooperative Electric is Sydney Briggs with fiscal year 2019 compensation of $305,239.

Revenue, expenses, and employee compensation

Revenue

$39,882,173

Expenses

$39,882,173

Employee compensation

$781,113
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sydney Briggs
General Manager
$305,239
$199,342 No related comp$105,897
David Lundberg
Finance Manager
$206,709
$137,868 No related comp$68,841
Kim Huxford
Operations Manager
$205,407
$133,924 No related comp$71,483
Jon Stelter
Controller
$191,500
$124,006 No related comp$67,494
Dan Meier
Line Superintendent
$188,501
$125,716 No related comp$62,785
Troy Pederson
Line Foreman
$182,319
$120,401 No related comp$61,918
Steve Nordahl
System Technician
$163,521
$120,319 No related comp$43,202

Benchmark Employee Compensation

Non-Employee Board Members

Gary Wilson
President
$31,855
$31,855 No related compNo other comp
Geraldine Lienke
Director
$31,745
$31,745 No related compNo other comp
Rodney Krell
Director
$31,680
$31,680 No related compNo other comp
Dennis Ringhofer
Director
$31,290
$31,290 No related compNo other comp
John Beal
Vice President
$31,075
$31,075 No related compNo other comp
Ronald Sommers
Acting Secretary/Treasurer
$30,970
$30,970 No related compNo other comp
Patrick Duchene
Director
$29,265
$29,265 No related compNo other comp
Duane Edwardson
Director
$27,645
$27,645 No related compNo other comp
Renee Malecha
Secretary and Treasurer
$23,640
$23,640 No related compNo other comp

Contractors

Midwest Diversified Utilities
Underground Utility Construction
$603,005
Carr's Tree Service
Tree Clearing
$499,727
Legacy Power Line Inc.
Storm Restoration
$159,535

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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