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MINNESOTA VALLEY ELECTRIC COOPERATIVE

EIN: 41-0419150Jordan, MNZIP: 55352
501(c)(12)

Mission

PROVIDE ELECTRIC SERVICE TO MEMBERS

Financials

YearRevenueExpensesAssets
2023$108.6M$0$250.1M

Compensation

MARVIN DENZER
CEO
chief executive officer
$353,337
$1,250
$9,474
$485,254
RYAN FEDIE
Vp Energy Services
vice president
$207,837
$1,146
$602
$248,796
MICHAEL DIETZ
Vp of Operations
vice president
$168,725
$1,250
$5,152
$236,271
STUART HAEFNER
Foreman - Lead
highest compensated employee
$170,745
$1,250
$350
$230,799
TERRI BAKKEN
Vp Member Services
vice president
$155,641
$1,250
$1,280
$224,388
JOSEPH JUTZ
Foreman - Construction
highest compensated employee
$163,494
$1,250
$612
$206,004
BRANDI ADELMANN
Director of Human Resources
highest compensated employee
$168,525
$1,250
$585
$200,532
SARAH PETERSON
Vp of Engineering
vice president
$162,295
$1,250
$8,458
$188,262
RYAN HENTGES
CEO - Through Feb 2023
chief executive officer
$0
$0
$0
$132,554
RANDY ERDMAN
Vp of Finance
vice president
$0
$0
$0
$119,387
JOANNE KOLB
CFO - Through March 2023
chief financial officer
$0
$0
$0
$97,265
DEBORAH ERICKSON
President
board president
$0
$0
$0
$22,220
BRENT LAWRENCE
Director
board member
$0
$0
$0
$19,100
THOMAS WOLF
Secretary/Treasurer
board treasurer
$0
$0
$0
$18,635
KEVIN GIBBS
Vice President
vice president
$0
$0
$0
$18,410
MICHELLE MORRISON
Director
board member
$0
$0
$0
$18,245
GARY HABERMAN
Director
board member
$0
$0
$0
$18,050
JAMES CONNELLY
Director
board member
$0
$0
$0
$18,050
ELIZABETH KROCAK
Director
board member
$0
$0
$0
$13,550
MICHAEL LINS
Director
board member
$0
$0
$0
$6,000
WILLIAM HEINLEIN
Director (Retired)
board member
$0
$0
$0
$4,550
FRANCES BARTEN
Vice President (Retired)
vice president
$0
$0
$0
$4,550

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Learn more

Data from IRS Form 990 filings (2023).