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MINNKOTA POWER COOPERATIVE INC

EIN: 45-0166406Grand Forks, NDZIP: 58201
501(c)(12)

Mission

Minnkota Power is a rural electric cooperative that generates and transmits electric power.

Financials

YearRevenueExpensesAssets
2023$449.7M$0$1.2B

Compensation

Robert McLennan
President & CEO
chief executive officer
$904,893
$114,708
$22,500
$1,251,192
Lowell Stave
Vice President and COO
chief executive officer
$351,005
$8,558
$57,260
$503,274
Gerad Paul
General Counsel-Vp of Legal, Compliance & Risk Mgmt
officer (unspecified)
$332,735
$6,092
$22,500
$445,402
Jami Hovet
Vice President of Administration
vice president
$305,943
$0
$0
$387,029
Kay Schraeder
Vice President and CFO
chief executive officer
$291,248
$0
$7,200
$378,538
Todd Sailer
Vice President of Power Supply
vice president
$255,645
$0
$35,424
$368,989
Craig Bleth
Vice President of Project Development
vice president
$287,332
$0
$0
$367,273
Dan Inman
Vice President and Ciso
vice president
$280,871
$0
$0
$351,479
Brendan Kennelly
Vice President of Power Delivery
vice president
$256,599
$0
$0
$330,147
Andrew Sorbo
Vice President Strategic Initiatives
vice president
$231,184
$0
$0
$298,214
Shannon Mikula
Environmental Manager
highest compensated employee
$219,513
$0
$0
$288,008
Stacey Dahl
Vice President of External Affairs
vice president
$218,874
$0
$278
$287,109
Grant Gunderson
Senior Manager Resource Planning
highest compensated employee
$211,514
$0
$0
$277,471
Theresa Brorby
Senior Manager of Audit & Risk
highest compensated employee
$192,356
$0
$0
$256,622
Andrew Freidt
Senior Manager of Power Production
highest compensated employee
$203,520
$0
$0
$255,112
Tim Hagerott
Senior Manager of Product Development
highest compensated employee
$198,159
$0
$0
$254,880
Kalvin Hoff
Board Member
board member
$0
$0
$0
$19,910
Rick Coe
Board Member
board member
$0
$0
$0
$19,280
Les Windjue
Board Member
board member
$0
$0
$0
$19,060
Mark Habedank
Board Chair
board chair
$0
$0
$0
$18,640
Colette Kujava
Board Secretary/Treasurer
officer (unspecified)
$0
$0
$0
$16,121
Steve Arnesen
Board Member
board member
$0
$0
$0
$12,840
Mike Wahl
Board Member
board member
$0
$0
$0
$12,100
Tom Woinarowicz
Board Vice Chair
board chair
$0
$0
$0
$10,950
Anthony Ottem
Board Member
board member
$0
$0
$0
$10,020
Roger Krostue
Board Member
board member
$0
$0
$0
$9,640
Cheryl Grover
Board Member
board member
$0
$0
$0
$2,650

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