Skip to main content
Filing year 2024

RED RIVER VALLEY COOPERATIVE POWER ASSOCIATION

Halstad, Minnesota·EIN 41-0497361·12
Total revenue
$16.6M
Total assets
$53.7M
Total expenses
$16.1M
Reported officers
14
Mission

RED RIVER VALLEY COOOPERATIVE POWER ASSOCIATION IS COMMITTED TO ENHANCING THE QUALITY OF LIFE OF ITS MEMBERSHIP BY PROVIDING ENERGY, LEADERSHIP, ESSENTIAL SERVICES AND PRODUCTS CONSISTENT WITH COOPERATIVE PRINCIPLES.

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Base
$125k
Bonus
Other
Benefits
$20k
Lead Lineman
highest compensated employee
$163k
$175k
Base
$116k
Bonus
Other
Benefits
$1k
Engineering Manager
highest compensated employee
$153k
$165k
Base
$112k
Bonus
Other
Benefits
$24k
Line Superintendent
highest compensated employee
$153k
$165k
Base
$111k
Bonus
Other
Benefits
$24k
Lead Lineman
highest compensated employee
$149k
$161k
Base
$117k
Bonus
Other
Benefits
$24k
Lead Lineman
highest compensated employee
$142k
$153k
Director of Finance and Administration
$120k
$129k
Director
board member
$8k
$9k
Sec/treas
officer (unspecified)
$8k
$8k
Director
board member
$6k
$7k
Director
board member
$6k
$6k
Chair
board chair
$5k
$5k
Director
board member
$3k
$3k
Vice Chair
board vice chair
$2k
$2k

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 $177k in 2023 to $172k in 2024.

$177k
2023
$172k
2024
In today's dollarsEst.
Down 5% in real terms$195k to $185k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

RED RIVER VALLEY COOPERATIVE POWER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.7M
$16.4M
2023
$16.6M
$16.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.