MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION IS A PROACTIVE COOPERATIVE THAT CONTINUES TO PROVIDE VALUE TO OUR MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $530k
- Bonus
- —
- Other
- —
- Benefits
- $30k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $175k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $123k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $122k
- Bonus
- —
- Other
- —
- Benefits
- $26k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager Above 90th percentile | $530k | — | — | $30k | $675k $726k |
Member Services Manager Highest Compensated Employee 75th to 90th percentile | $155k | — | — | $27k | $257k $276k |
Office Manager Above 90th percentile | $175k | — | — | $27k | $227k $244k |
Foreman Highest Compensated Employee Median to 75th percentile | $123k | — | — | $26k | $183k $197k |
System Coordinator Highest Compensated Employee Median to 75th percentile | $122k | — | — | $26k | $181k $195k |
Lineman Highest Compensated Employee 25th percentile to median | — | — | — | — | $140k $151k |
Operations Manager Median to 75th percentile | — | — | — | — | $134k $144k |
Secretary Board Secretary 75th to 90th percentile | — | — | — | — | $19k $21k |
President Board President Median to 75th percentile | — | — | — | — | $19k $20k |
Vice President Board Vice President 25th percentile to median | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $19k $20k |
Treasurer Board Treasurer 75th to 90th percentile | — | — | — | — | $19k $20k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $20k |
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.
Down 3%
from 2023
From $695k in 2023 to $675k in 2024.
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.
General Manager pay fell 3% from 2023 to 2024, while revenue rose 1%.
- Highest Compensated Employee pay rose 10% from 2023 to 2024.
- Office Manager pay rose 5% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION
What does the General Manager of MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION earn?
In 2024, the General Manager of MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION received $675,299 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does General Manager pay at MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION falls in the top 10%.
What are MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION's revenue and expenses?
In 2024, MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION reported $26M in total revenue and $25.3M in total expenses on its IRS Form 990.
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