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Filing year 2024

KANDIYOHI POWER COOPERATIVE

Spicer, Minnesota·EIN 41-0345595·501(c)(12)
Total revenue
$23.8M
Total assets
$76.1M
Total expenses
$23.8M
Reported officers
16
Mission

TO PROVIDE ELECTRIC DISTRIBUTION AND OTHER RELATED SERVICES TO ITS 9,049 MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
75th to 90th percentile
$280k
$301k
Base
$223k
Bonus
Other
Benefits
$17k
CFO
75th to 90th percentile
$214k
$231k
Base
$157k
Bonus
Other
$7k
Benefits
$17k
Journeyman Line Tech In-charge
Highest Compensated Employee
Median to 75th percentile
$168k
$181k
Base
$131k
Bonus
Other
Benefits
$22k
Journeyman Line Tech In-charge
Highest Compensated Employee
25th percentile to median
$164k
$177k
Base
$127k
Bonus
Other
Benefits
$22k
Line Superintendent
Highest Compensated Employee
25th percentile to median
$164k
$176k
Base
$109k
Bonus
$5k
Other
$10k
Benefits
$17k
Line Foreman
Highest Compensated Employee
25th percentile to median
$156k
$168k
Base
$117k
Bonus
Other
Benefits
$22k
Journeyman Line Tech In-charge
Highest Compensated Employee
25th percentile to median
$152k
$164k
Base
$121k
Bonus
Other
Benefits
$16k
Chair
Board Chair
25th percentile to median
$10k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Secretary
Board Secretary
Median to 75th percentile
$9k
$10k
Vice Chair
Board Vice Chair
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 23%
from 2023

From $227k in 2023 to $280k in 2024.

$227k
2023
$280k
2024
In today's dollarsEst.
Up 20% in real terms$251k to $301k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 23% from 2023 to 2024, while revenue fell 3%.

$227k in 2023 to $280k in 2024.
  • Chief Financial Officer pay rose 18% from 2023 to 2024.
  • Highest Compensated Employee pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KANDIYOHI POWER COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.4M
$24.2M
2023
$23.8M
$23.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KANDIYOHI POWER COOPERATIVE

What does the Chief Executive Officer of KANDIYOHI POWER COOPERATIVE earn?

In 2024, the Chief Executive Officer of KANDIYOHI POWER COOPERATIVE received $280,187 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KANDIYOHI POWER COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at KANDIYOHI POWER COOPERATIVE falls between the 75th and 90th percentiles.

What are KANDIYOHI POWER COOPERATIVE's revenue and expenses?

In 2024, KANDIYOHI POWER COOPERATIVE reported $23.8M in total revenue and $23.8M in total expenses on its IRS Form 990.

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