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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 2020. Filed on May 13, 2021.

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 2020 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 $208,939. The highest compensated employee at Steele-Waseca Cooperative Electric is Sydney Briggs with fiscal year 2020 compensation of $323,932.

Revenue, expenses, and employee compensation

Revenue

$38,367,246

Expenses

$38,367,246

Employee compensation

$755,261
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sydney Briggs
General Manager
$323,932
$205,727 No related comp$118,205
David Lundberg
Finance Manager
$210,890
$140,061 No related comp$70,829
Dan Meier
Operations Manager
$205,632
$128,815 No related comp$76,817
Jon Stelter
Controller
$204,472
$121,348 No related comp$83,124
Troy Pederson
Line Foreman
$192,562
$117,620 No related comp$74,942
Steve Nordahl
System Technician
$170,695
$120,677 No related comp$50,018
Chad Henderson
LINE Technician
$154,393
$114,271 No related comp$40,122

Benchmark Employee Compensation

Non-Employee Board Members

Rodney Krell
Acting Secretary/Treasurer
$26,505
$26,505 No related compNo other comp
Dennis Ringhofer
Director
$26,405
$26,405 No related compNo other comp
Patrick Duchene
Director
$26,150
$26,150 No related compNo other comp
Ronald Sommers
Director
$25,440
$25,440 No related compNo other comp
John Beal
Vice President
$24,305
$24,305 No related compNo other comp
Gary Wilson
President
$24,195
$24,195 No related compNo other comp
Geraldine Lienke
Director
$22,885
$22,885 No related compNo other comp
Renee Malecha
Secretary and Treasurer
$22,380
$22,380 No related compNo other comp
Duane Edwardson
Director
$22,175
$22,175 No related compNo other comp

Contractors

Carr's Tree Service
Tree Clearing
$580,830
Met-Con Companies Inc.
Sub Station Construction
$558,845
Midwest Diversified Utilities
Underground Utility Construction
$506,915
Power System Engineering Inc.
Engineering
$148,857

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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