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Filing year 2023

MIENERGY COOPERATIVE

Rushford, Minnesota·EIN 41-0254835·501(c)(12)
Total revenue
$82.5M
Total assets
$226M
Total expenses
$81.9M
Reported officers
18
Mission

TO DELIVER HIGH-QUALITY ENERGY SERVICES AT REASONABLE PRICES AND MAXIMIZE VALUE TO OUR MEMBERS CONSISTENT WITH THE WISE USE OF RESOURCES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

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

CEO
Above 90th percentile
$551k
$609k
Base
$315k
Bonus
$31k
Other
$485
Benefits
$27k
VP of System Operations
Board Vice President
75th to 90th percentile
$300k
$331k
Base
$155k
Bonus
Other
$250
Benefits
$29k
CFO
75th to 90th percentile
$259k
$287k
Base
$177k
Bonus
Other
$250
Benefits
$24k
VP of Engineering & System Planning
Board Vice President
75th to 90th percentile
$251k
$278k
Base
$148k
Bonus
$250
Other
Benefits
$31k
VP of Information Technology
Board Vice President
75th to 90th percentile
$219k
$241k
Base
$157k
Bonus
Other
$250
Benefits
$29k
Director of Operations
Median to 75th percentile
$188k
$207k
Base
$115k
Bonus
$450
Other
Benefits
$29k
Journeyman Foreman
Highest Compensated Employee
25th percentile to median
$147k
$163k
President
10th to 25th percentile
$20k
$22k
Treasurer
Officer (Unspecified)
$20k
$22k
Director
Board Member
Median to 75th percentile
$19k
$21k
Secretary
Officer (Unspecified)
$18k
$20k
Vice President
25th percentile to median
$18k
$20k
Director
Board Member
Median to 75th percentile
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$14k
$16k
Director
Board Member
25th percentile to median
$13k
$14k

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.

FAQ

Common questions about MIENERGY COOPERATIVE

What does the Chief Executive Officer of MIENERGY COOPERATIVE earn?

In 2023, the Chief Executive Officer of MIENERGY COOPERATIVE received $551,454 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MIENERGY COOPERATIVE falls in the top 10%.

What are MIENERGY COOPERATIVE's revenue and expenses?

In 2023, MIENERGY COOPERATIVE reported $82.5M in total revenue and $81.9M in total expenses on its IRS Form 990.

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