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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 2023. Filed on November 8, 2024.

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 2023 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 32 total employees. Among the employees shown here, the average compensation is $222,127. The highest compensated employee at Steele-Waseca Cooperative Electric is Sydney R Briggs with fiscal year 2023 compensation of $327,139.

Revenue, expenses, and employee compensation

Revenue

$45,660,073

Expenses

$45,660,073

Employee compensation

$853,343
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sydney R Briggs
General Manager
$327,139
$231,704 No related comp$95,435
Jon P Stelter
Finance Manager
$267,114
$142,402 No related comp$124,712
Dan H Meier
Operations Manager
$230,929
$149,939 No related comp$80,990
Steve E Nordahl
System Technician
$195,930
$138,579 No related comp$57,351
Kevin A Kjersten
Line Foreman
$193,814
$132,175 No related comp$61,639
Jacob D Jablonski
Line Foreman
$180,359
$130,190 No related comp$50,169
Chad L Henderson
Line Foreman
$159,607
$136,865 No related comp$22,742

Benchmark Employee Compensation

Non-Employee Board Members

Rodney D Krell
Vice President
$31,115
$31,115 No related compNo other comp
Patrick J Duchene
Acting Sec/Treas
$30,105
$30,105 No related compNo other comp
Gary W Wilson
President
$29,610
$29,610 No related compNo other comp
Geraldine G Lienke
Director
$29,415
$29,415 No related compNo other comp
John R Beal
Director
$29,350
$29,350 No related compNo other comp
Dennis C Ringhofer
Director
$29,135
$29,135 No related compNo other comp
Ronald D Sommers
Secretary and Treasurer
$27,210
$27,210 No related compNo other comp
Scott J Carlson
Director
$19,880
$19,880 No related compNo other comp
Duane R Edwardson
Director Through AUG 2023
$19,720
$19,720 No related compNo other comp
Renee Malecha
Director Through JUNE 2023
$11,840
$11,840 No related compNo other comp
Neil R Schlaak
Director
$1,710
$1,710 No related compNo other comp

Contractors

Midwest Diversified Utilities LLC
Underground Line Contractor
$739,249
Carr's Tree Service Inc.
Tree Clearing
$669,335
Power System Engineering Inc.
Engineering
$160,381

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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