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Filing year 2024

MINNESOTA VALLEY ELECTRIC TRUST

Jordan, Minnesota·EIN 41-1821090·NTEE T30Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$191k
Total assets
$45k
Total expenses
$177k
Reported officers
10

Executive compensation

Form 990-EZ · Part IV · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

President & Director
Board President
Below 10th percentile
$400
$427
Sec./treas. & Director
Unclassified
$400
$427
Director
Unclassified
$400
$427
Director
Unclassified
$400
$427
Director
Unclassified
$400
$427
Director
Unclassified
$400
$427
Director
Unclassified
$400
$427
Vice President & Director
Board Vice President
Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$300
$320
Director
Unclassified
$200
$213
Director
Unclassified
$100
$107

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MINNESOTA VALLEY ELECTRIC TRUST equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 26%.

$400 in 2023 to $400 in 2024.
  • Board Vice President pay held roughly steady from 2023 to 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNESOTA VALLEY ELECTRIC TRUST

What does the Board President of MINNESOTA VALLEY ELECTRIC TRUST earn?

In 2024, the Board President of MINNESOTA VALLEY ELECTRIC TRUST received $400 in total compensation. This pay is in the bottom 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board President pay at MINNESOTA VALLEY ELECTRIC TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board President at MINNESOTA VALLEY ELECTRIC TRUST falls in the bottom 10%. In 2024, the highest total compensation at MINNESOTA VALLEY ELECTRIC TRUST equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MINNESOTA VALLEY ELECTRIC TRUST's revenue and expenses?

In 2024, MINNESOTA VALLEY ELECTRIC TRUST reported $191k in total revenue and $177k in total expenses on its IRS Form 990.

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