P K M ELECTRIC COOPERATIVE INC

Cite this

Plain text P K M ELECTRIC COOPERATIVE INC. furp.org, nonprofit organization profile, tax years 2010–2025. https://furp.org/org/p-k-m-electric-cooperative-inc-410484875. Retrieved 2026-10-26.

APA furp.org. (n.d.). P K M ELECTRIC COOPERATIVE INC [Nonprofit organization profile; tax years 2010–2025]. Retrieved October 26, 2026, from https://furp.org/org/p-k-m-electric-cooperative-inc-410484875

MLA “P K M ELECTRIC COOPERATIVE INC.” furp.org, tax years 2010–2025, https://furp.org/org/p-k-m-electric-cooperative-inc-410484875. Accessed 26 Oct. 2026.

Retrieved 2026-10-26; covers tax years 2010–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990 · revenue $17.6M · expenses $17.2M · assets $44.2M

EIN
41-0484875
Address
406 NORTH MINNESOTA, WARREN, MN 56762-1151
Website
WWW.PKMCOOP.COM
NTEE code
-
Exempt type
501(c)(12): benevolent life insurance or mutual company (cooperative)
Ruling date
February 1945 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
No
Cross-check
ProPublica Nonprofit Explorer

Mission

TO PROVIDE ELECTRIC SERVICE TO MEMBERS.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

32 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Karen Olson CFO2018-2025 $189,560$1,563,072 1
Jeffrey Rustad CEO2019-2025 $243,794$1,336,782 1
Joe Marcotte OPERATIONS MANAGER2020-2025 $215,881$1,303,500 1
Scott Slusar LINE FOREMAN2020-2025 $180,737$895,941 1
Chris Derosier LINE FOREMAN/SAFETY COORDI2023-2025 $204,406$549,599 1
Ben Pahlen LINE SUB-FOREMAN2024-2025 $166,228$312,478 1
Nolan Buchner JOURNEYMAN LINEWORKER2025 $177,110$177,110 1
Blake Owens DIRECTOR2010-2025 $7,975$106,800 1
Wayne Malm SECRETARY TREASURER2010-2025 $6,850$102,725 1
Mark Hatton PRESIDENT2016-2025 $14,750$98,125 1
Steve Goodwin DIRECTOR2010-2025 $7,150$93,475 1
Paul Aakre DIRECTOR2016-2025 $10,450$75,725 1
Tom Woinarowicz DIRECTOR2016-2025 $7,150$70,725 1
Chris Mortenson DIRECTOR2018-2025 $7,700$55,975 1
Clifford Peterson VICE PRESIDENT2020-2025 $7,400$39,675 1
Jerred Copp DIRECTOR2023-2025 $6,875$17,650 1
Mike Schmidt (former) CEO2010-2022 $239,252$2,629,626 1
Charles Riesen (former) MANAGER2010-2017 $296,100$1,814,284 1
Richard Bye (former) OPERATIONS MANAGER2019 $164,469$164,469 1
Caleb Novak (former) JOURNEYMAN LINEWORKER2024 $133,727$133,727 1
Mike Beaudry (former) VICE PRESIDENT (THROUGH APRIL 2023)2016-2023 $2,000$55,800 1
Gordon Bernstrom (former) SECRETARY TREASURER2010-2018 $4,175$55,325 1
Michael Beaudry (former) DIRECTOR2010-2015 $7,450$33,700 1
Ronald Reitmeier (former) PRESIDENT2010-2015 $7,025$32,950 1
Jeffrey Folland (former) DIRECTOR2010-2015 $7,450$31,750 1
Thomas Woinarowicz (former) VICE PRESIDENT2010-2015 $7,500$31,200 1
Jeff Folland (former) DIRECTOR2016-2020 $1,000$26,000 1
John Anderson (former) Vice President (Jan-Apr)2010-2013 $2,250$17,975 1
Jerod Hanson (former) DIRECTOR2013-2016 $1,750$17,000 1
Gordan Bernstrom (former) Secretary/Treasurer2013 $6,100$6,100 1
Blake Owens Director Jan-Apr (former) Vice President (Apr-Dec)2013 $5,050$5,050 1
Ron Reitmeier (former) DIRECTOR2016 $1,000$1,000 1

People by year

2025 · 16 people listed · 16 paid, $1.5M · 21 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JEFFREY RUSTAD CEO50 $154,424$0$89,370 $243,7941
JOE MARCOTTE OPERATIONS MANAGER50 $119,157$0$96,724 $215,8811
CHRIS DEROSIER LINE FOREMAN/SAFETY COORDI40 $117,423$0$86,983 $204,4061
KAREN OLSON CFO50 $126,416$0$63,144 $189,5601
SCOTT SLUSAR LINE FOREMAN40 $127,443$0$53,294 $180,7371
NOLAN BUCHNER JOURNEYMAN LINEWORKER40 $108,932$0$68,178 $177,1101
BEN PAHLEN LINE SUB-FOREMAN40 $114,239$0$51,989 $166,2281
MARK HATTON PRESIDENT8 $14,750$0$0 $14,7501
PAUL AAKRE DIRECTOR5 $10,450$0$0 $10,4501
BLAKE OWENS DIRECTOR5 $7,975$0$0 $7,9751
CHRIS MORTENSON DIRECTOR5 $7,700$0$0 $7,7001
CLIFFORD PETERSON VICE PRESIDENT8 $7,400$0$0 $7,4001
TOM WOINAROWICZ DIRECTOR5 $7,150$0$0 $7,1501
STEVE GOODWIN DIRECTOR5 $7,150$0$0 $7,1501
JERRED COPP DIRECTOR5 $6,875$0$0 $6,8751
WAYNE MALM SECRETARY TREASURER8 $6,850$0$0 $6,8501
2024 · 16 people listed · 16 paid, $1.3M · 19 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JEFFREY RUSTAD CEO50 $148,997$0$67,205 $216,2021
JOE MARCOTTE OPERATIONS MANAGER50 $116,954$0$92,888 $209,8421
CHRIS DEROSIER LINE FOREMAN/SAFETY COORDINATOR40 $107,029$0$70,030 $177,0591
SCOTT SLUSAR LINE FOREMAN40 $130,883$0$43,122 $174,0051
KAREN OLSON CFO50 $121,435$0$49,338 $170,7731
BEN PAHLEN LINE SUB-FOREMAN40 $110,287$0$35,963 $146,2501
CALEB NOVAK JOURNEYMAN LINEWORKER40 $114,291$0$19,436 $133,7271
MARK HATTON PRESIDENT8 $12,800$0$0 $12,8001
CLIFFORD PETERSON VICE PRESIDENT8 $8,050$0$0 $8,0501
BLAKE OWENS DIRECTOR5 $7,800$0$0 $7,8001
PAUL AAKRE DIRECTOR5 $7,550$0$0 $7,5501
WAYNE MALM SECRETARY TREASURER8 $7,050$0$0 $7,0501
CHRIS MORTENSON DIRECTOR5 $7,050$0$0 $7,0501
JERRED COPP DIRECTOR5 $6,300$0$0 $6,3001
TOM WOINAROWICZ DIRECTOR5 $6,050$0$0 $6,0501
STEVE GOODWIN DIRECTOR5 $6,050$0$0 $6,0501
2023 · 15 people listed · 15 paid, $969K · 20 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOE MARCOTTE OPERATIONS MANAGER50 $116,078$0$103,294 $219,3721
JEFFREY RUSTAD CEO50 $142,872$0$59,775 $202,6471
KAREN OLSON CFO50 $119,443$0$51,527 $170,9701
CHRIS DEROSIER LINE FOREMAN40 $101,300$0$66,834 $168,1341
SCOTT SLUSAR LINE FOREMAN/SAFETY COORDINATOR40 $104,738$0$38,199 $142,9371
MARK HATTON PRESIDENT8 $9,975$0$0 $9,9751
BLAKE OWENS DIRECTOR5 $7,475$0$0 $7,4751
PAUL AAKRE DIRECTOR5 $7,225$0$0 $7,2251
CLIFFORD PETERSON VICE PRESIDENT (EFF APRIL 2023)8 $7,225$0$0 $7,2251
WAYNE MALM SECRETARY TREASURER8 $6,975$0$0 $6,9751
CHRIS MORTENSON DIRECTOR5 $6,725$0$0 $6,7251
TOM WOINAROWICZ DIRECTOR5 $6,225$0$0 $6,2251
STEVE GOODWIN DIRECTOR5 $6,225$0$0 $6,2251
JERRED COPP DIRECTOR5 $4,475$0$0 $4,4751
MIKE BEAUDRY VICE PRESIDENT (THROUGH APRIL 2023)8 $2,000$0$0 $2,0001
2022 · 14 people listed · 14 paid, $1.1M · 21 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MIKE SCHMIDT CEO50 $195,293$0$43,959 $239,2521
JOE MARCOTTE OPERATIONS MANAGER50 $111,457$0$122,538 $233,9951
SCOTT SLUSAR LINE FOREMAN/SAFETY COORDINATOR40 $121,417$0$94,580 $215,9971
JEFFREY RUSTAD MANAGER MEMBER SERVICES50 $117,516$0$68,598 $186,1141
KAREN OLSON CFO50 $113,505$0$23,473 $136,9781
MARK HATTON PRESIDENT8 $8,750$0$0 $8,7501
BLAKE OWENS DIRECTOR5 $8,750$0$0 $8,7501
TOM WOINAROWICZ DIRECTOR5 $7,250$0$0 $7,2501
WAYNE MALM SECRETARY TREASURER8 $7,000$0$0 $7,0001
PAUL AAKRE DIRECTOR5 $7,000$0$0 $7,0001
CHRIS MORTENSON DIRECTOR5 $7,000$0$0 $7,0001
MIKE BEAUDRY VICE PRESIDENT8 $6,750$0$0 $6,7501
CLIFFORD PETERSON DIRECTOR5 $6,500$0$0 $6,5001
STEVE GOODWIN DIRECTOR5 $6,250$0$0 $6,2501
2021 · 13 people listed · 13 paid, $1.0M · 19 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN OLSON CFO50 $105,506$0$182,246 $287,7521
MIKE SCHMIDT CEO50 $151,782$0$98,810 $250,5921
JOE MARCOTTE OPERATIONS MANAGER50 $104,866$0$117,869 $222,7351
JEFFREY RUSTAD MANAGER MEMBER SERVICES50 $111,397$0$65,328 $176,7251
BLAKE OWENS DIRECTOR5 $9,000$0$0 $9,0001
MARK HATTON PRESIDENT8 $8,750$0$0 $8,7501
WAYNE MALM SECRETARY TREASURER8 $8,250$0$0 $8,2501
PAUL AAKRE DIRECTOR5 $8,250$0$0 $8,2501
MIKE BEAUDRY VICE PRESIDENT8 $8,000$0$0 $8,0001
CHRIS MORTENSON DIRECTOR5 $7,750$0$0 $7,7501
TOM WOINAROWICZ DIRECTOR5 $7,500$0$0 $7,5001
STEVE GOODWIN DIRECTOR5 $7,250$0$0 $7,2501
CLIFFORD PETERSON DIRECTOR5 $7,000$0$0 $7,0001
2020 · 15 people listed · 15 paid, $1.1M · 18 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAREN OLSON CFO50 $101,782$0$162,704 $264,4861
MIKE SCHMIDT CEO50 $143,280$0$93,621 $236,9011
JOE MARCOTTE OPERATIONS MANAGER50 $101,281$0$100,394 $201,6751
SCOTT SLUSAR LINE FOREMAN45 $100,617$0$81,648 $182,2651
JEFFREY RUSTAD MANAGER MEMBER SERVICES50 $106,656$0$57,400 $164,0561
MARK HATTON PRESIDENT8 $9,750$0$0 $9,7501
BLAKE OWENS DIRECTOR5 $8,000$0$0 $8,0001
PAUL AAKRE DIRECTOR5 $7,750$0$0 $7,7501
MIKE BEAUDRY VICE PRESIDENT8 $7,250$0$0 $7,2501
TOM WOINAROWICZ DIRECTOR5 $6,750$0$0 $6,7501
STEVE GOODWIN DIRECTOR5 $6,750$0$0 $6,7501
WAYNE MALM SECRETARY TREASURER8 $6,500$0$0 $6,5001
CHRIS MORTENSON DIRECTOR5 $5,750$0$0 $5,7501
CLIFFORD PETERSON DIRECTOR5 $3,500$0$0 $3,5001
JEFF FOLLAND DIRECTOR5 $1,000$0$0 $1,0001
2019 · 13 people listed · 13 paid, $794K · 20 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MIKE SCHMIDT CEO45 $138,667$0$79,960 $218,6271
KAREN OLSON CFO45 $92,595$0$106,970 $199,5651
RICHARD BYE OPERATIONS MANAGER45 $102,239$0$62,230 $164,4691
JEFFREY RUSTAD MANAGER OF MEMBER SERVICES45 $102,731$0$44,513 $147,2441
MARK HATTON DIRECTOR5 $9,750$0$0 $9,7501
TOM WOINAROWICZ PRESIDENT8 $8,250$0$0 $8,2501
BLAKE OWENS DIRECTOR5 $7,750$0$0 $7,7501
WAYNE MALM SECRETARY TREASURER8 $7,250$0$0 $7,2501
CHRIS MORTENSON DIRECTOR5 $7,250$0$0 $7,2501
MIKE BEAUDRY VICE PRESIDENT8 $7,000$0$0 $7,0001
PAUL AAKRE DIRECTOR5 $6,750$0$0 $6,7501
STEVE GOODWIN DIRECTOR5 $5,500$0$0 $5,5001
JEFF FOLLAND DIRECTOR5 $5,000$0$0 $5,0001
2018 · 12 people listed · 12 paid, $435K · 20 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MIKE SCHMIDT CEO40 $132,985$0$77,792 $210,7771
KAREN OLSON CFO40 $74,451$0$68,537 $142,9881
MARK HATTON DIRECTOR7 $11,750$0$0 $11,7501
MIKE BEAUDRY VICE PRESIDENT8 $9,850$0$0 $9,8501
PAUL AAKRE DIRECTOR7 $9,250$0$0 $9,2501
BLAKE OWENS DIRECTOR7 $8,500$0$0 $8,5001
WAYNE MALM SECRETARY TREASURER8 $8,450$0$0 $8,4501
TOM WOINAROWICZ PRESIDENT8 $7,850$0$0 $7,8501
JEFF FOLLAND DIRECTOR7 $7,500$0$0 $7,5001
STEVE GOODWIN DIRECTOR7 $7,000$0$0 $7,0001
CHRIS MORTENSON DIRECTOR7 $6,750$0$0 $6,7501
GORDON BERNSTROM SECRETARY TREASURER8 $4,175$0$0 $4,1751
2017 · 11 people listed · 11 paid, $547K · 20 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHARLES RIESEN MANAGER40 $231,211$0$64,889 $296,1001
MIKE SCHMIDT ASSISTANT MANAGER40 $113,841$0$71,736 $185,5771
GORDON BERNSTROM SECRETARY TREASURER5 $8,850$0$0 $8,8501
BLAKE OWENS DIRECTOR4 $8,250$0$0 $8,2501
TOM WOINAROWICZ PRESIDENT5 $7,350$0$0 $7,3501
MIKE BEAUDRY VICE PRESIDENT4 $7,100$0$0 $7,1001
STEVE GOODWIN DIRECTOR4 $7,000$0$0 $7,0001
PAUL AAKRE DIRECTOR4 $7,000$0$0 $7,0001
MARK HATTON DIRECTOR4 $7,000$0$0 $7,0001
WAYNE MALM DIRECTOR4 $6,500$0$0 $6,5001
JEFF FOLLAND DIRECTOR4 $6,000$0$0 $6,0001
2016 · 13 people listed · 13 paid, $482K · 21 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHARLES RIESEN MANAGER40 $158,440$0$83,606 $242,0461
MIKE SCHMIDT ASSISTANT MANAGER40 $110,755$0$73,287 $184,0421
MIKE BEAUDRY VICE PRESIDENT4 $7,850$0$0 $7,8501
GORDON BERNSTROM SECRETARY TREASURER5 $7,350$0$0 $7,3501
JEFF FOLLAND DIRECTOR4 $6,500$0$0 $6,5001
TOM WOINAROWICZ PRESIDENT5 $6,350$0$0 $6,3501
BLAKE OWENS DIRECTOR4 $6,000$0$0 $6,0001
WAYNE MALM DIRECTOR4 $5,500$0$0 $5,5001
MARK HATTON DIRECTOR4 $4,850$0$0 $4,8501
STEVE GOODWIN DIRECTOR4 $4,500$0$0 $4,5001
PAUL AAKRE DIRECTOR4 $4,500$0$0 $4,5001
JEROD HANSON DIRECTOR4 $1,750$0$0 $1,7501
RON REITMEIER DIRECTOR4 $1,000$0$0 $1,0001
2015 · 11 people listed · 11 paid, $471K · 21 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHARLES RIESEN MANAGER40 $141,818$0$82,913 $224,7311
MIKE SCHMIDT ASSISTANT MANAGER40 $107,626$0$71,417 $179,0431
GORDON BERNSTROM SECRETARY TREASURER5 $9,800$0$0 $9,8001
BLAKE OWENS DIRECTOR4 $7,550$0$0 $7,5501
THOMAS WOINAROWICZ VICE PRESIDENT4 $7,500$0$0 $7,5001
MICHAEL BEAUDRY DIRECTOR4 $7,450$0$0 $7,4501
JEFFREY FOLLAND DIRECTOR4 $7,450$0$0 $7,4501
WAYNE MALM DIRECTOR4 $7,200$0$0 $7,2001
RONALD REITMEIER PRESIDENT5 $7,025$0$0 $7,0251
STEVE GOODWIN DIRECTOR4 $6,550$0$0 $6,5501
JEROD HANSON DIRECTOR4 $6,550$0$0 $6,5501
2014 · 11 people listed · 11 paid, $440K · 24 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHARLES RIESEN MANAGER40 $132,155$0$69,730 $201,8851
MIKE SCHMIDT ASSISTANT MANAGER40 $104,713$0$88,020 $192,7331
GORDON BERNSTROM SECRETARY TREASURER5 $6,100$0$0 $6,1001
JEROD HANSON DIRECTOR4 $5,550$0$0 $5,5501
RONALD REITMEIER PRESIDENT5 $5,200$0$0 $5,2001
MICHAEL BEAUDRY DIRECTOR4 $4,950$0$0 $4,9501
BLAKE OWENS DIRECTOR4 $4,900$0$0 $4,9001
JEFFREY FOLLAND DIRECTOR4 $4,800$0$0 $4,8001
STEVE GOODWIN DIRECTOR4 $4,800$0$0 $4,8001
WAYNE MALM DIRECTOR4 $4,800$0$0 $4,8001
THOMAS WOINAROWICZ VICE PRESIDENT4 $4,500$0$0 $4,5001
2013 · 12 people listed · 12 paid, $450K · 22 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Charles Riesen Manager40 $130,678$0$74,708 $205,3861
Mike Schmidt Assistant Manager40 $100,978$0$97,906 $198,8841
Gordan Bernstrom Secretary/Treasurer5 $6,100$0$0 $6,1001
Jeffrey Folland Director4 $5,250$0$0 $5,2501
Blake Owens Director Jan-Apr Vice President (Apr-Dec)5 $5,050$0$0 $5,0501
Thomas Woinarowicz Director4 $4,950$0$0 $4,9501
Steve Goodwin Director4 $4,950$0$0 $4,9501
Michael Beaudry Director4 $4,800$0$0 $4,8001
Wayne Malm Director4 $4,800$0$0 $4,8001
Ronald Reitmeier President5 $4,750$0$0 $4,7501
Jerod Hanson Director (Apr-Dec)4 $3,150$0$0 $3,1501
John Anderson Vice President (Jan-Apr)5 $2,250$0$0 $2,2501
2012 · 11 people listed · 11 paid, $428K · 20 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Charles Riesen Manager40 $128,718$0$76,861 $205,5791
Mike Schmidt Assistant Manager40 $95,897$0$89,870 $185,7671
Gordon Bernstrom Secretary/Treasurer5 $5,500$0$0 $5,5001
Ronald Reitmeier President5 $4,375$0$0 $4,3751
Jeffrey Folland Director4 $4,200$0$0 $4,2001
Michael Beaudry Director4 $4,050$0$0 $4,0501
John Anderson Vice President5 $4,000$0$0 $4,0001
Blake Owens Director4 $3,900$0$0 $3,9001
Wayne Malm Director4 $3,900$0$0 $3,9001
Thomas Woinarowicz Director4 $3,750$0$0 $3,7501
Steve Goodwin Director4 $3,300$0$0 $3,3001
2011 · 11 people listed · 11 paid, $453K · 19 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Charles Riesen Manager40 $155,821$0$69,784 $225,6051
Mike Schmidt Assistant Manager40 $90,840$0$83,757 $174,5971
Gordon Bernstrom Secretary/Treasurer5 $6,850$0$0 $6,8501
Michael Beaudry Director4 $6,450$0$0 $6,4501
John Anderson Vice President5 $6,225$0$0 $6,2251
Blake Owens Director4 $6,150$0$0 $6,1501
Ronald Reitmeier President5 $5,950$0$0 $5,9501
Thomas Woinarowicz Director4 $5,850$0$0 $5,8501
Jeffrey Folland Director4 $5,250$0$0 $5,2501
Wayne Malm Director4 $5,100$0$0 $5,1001
Steve Goodwin Director4 $5,100$0$0 $5,1001
2010 · 11 people listed · 11 paid, $436K · 18 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Charles Riesen Manager40 $152,217$0$60,735 $212,9521
Mike Schmidt Assistant Manager40 $89,516$0$83,318 $172,8341
Gordon Bernstrom Secretary/Treasurer5 $6,700$0$0 $6,7001
Wayne Malm Director4 $6,600$0$0 $6,6001
Michael Beaudry Director4 $6,000$0$0 $6,0001
Ronald Reitmeier Presdent5 $5,650$0$0 $5,6501
John Anderson Vice President5 $5,500$0$0 $5,5001
Steve Goodwin Director4 $5,100$0$0 $5,1001
Jeffrey Folland Director4 $4,800$0$0 $4,8001
Blake Owens Director4 $4,800$0$0 $4,8001
Thomas Woinarowicz Director4 $4,650$0$0 $4,6501

Highest-paid independent contractors

2025 · 1 contractor · $395K
NameLocationServicePaid
OLSON UNDERGROUNDWARREN, MNUNDERGROUND CABLE INSTALLATION$394,929
2024 · 1 contractor · $715K
NameLocationServicePaid
OLSON UNDERGROUNDWARREN, MNUNDERGROUND CABLE INSTALLATION$715,411
2023 · 1 contractor · $191K
NameLocationServicePaid
OLSON UNDERGROUNDWARREN, MNUNDERGROUND CABLE INSTALLATION$190,910
2022 · 1 contractor · $365K
NameLocationServicePaid
OLSON UNDERGROUNDWARREN, MNUNDERGROUND CABLE INSTALLATION$365,200
2020 · 1 contractor · $117K
NameLocationServicePaid
OLSON UNDERGROUND INCWARREN, MNINSTALLATION OF UNDERGROUND UTILITIES$116,552
2018 · 1 contractor · $106K
NameLocationServicePaid
OLSON UNDERGROUND INCWARREN, MNINSTALLATION OF UNDERGROUND UTILITES$106,058
2016 · 1 contractor · $139K
NameLocationServicePaid
OLSON UNDERGROUND INCWARREN, MNINSTALLATION OF UNDERGROUND UTILITIES$139,443
2015 · 1 contractor · $106K
NameLocationServicePaid
DR EICHER CONSULTING INCWARREN, MNCONSULTING$106,082

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990 period ending 2025-12-31 · view filing · original 990 ↗
$17,607,293$17,216,224 $44,181,940$25,049,492 $0$17,216,223 $509,083210
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$16,432,304$15,754,750 $41,644,641$23,444,939 $0$15,754,752 $465,284190
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$15,284,496$15,094,578 $38,351,962$21,686,806 $0$14,712,599 $457,335200
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$15,190,253$14,858,333 $35,400,036$20,448,425 $0$14,766,764 $528,680210
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$14,516,004$13,757,347 $34,625,055$19,697,268 $0$13,757,347 $471,065190
2020 · Form 990 period ending 2020-12-31 · view filing · original 990 ↗
$15,210,319$14,675,808 $33,297,526$17,656,129 $0$14,675,809 $451,032180
2019 · Form 990 period ending 2019-12-31 · view filing · original 990 ↗
$15,433,899$15,118,132 $31,051,007$16,868,866 $0$15,101,900 $426,729200
2018 · Form 990 period ending 2018-12-31 · view filing · original 990 ↗
$14,814,247$14,612,004 $29,572,203$15,721,207 $0$14,611,795 $413,614200
2017 · Form 990 period ending 2017-12-31 · view filing · original 990 ↗
$14,505,345$14,266,455 $29,999,346$15,134,329 $0$14,266,149 $552,581200
2016 · Form 990 period ending 2016-12-31 · view filing · original 990 ↗
$15,105,955$14,814,452 $28,938,692$14,485,594 $0$14,814,220 $489,853210
2015 · Form 990 period ending 2015-12-31 · view filing · original 990 ↗
$13,782,571$13,841,849 $27,722,614$13,500,175 $0$13,420,820 $485,618210
2014 · Form 990 period ending 2014-12-31 · view filing · original 990 ↗
$14,727,514$14,426,237 $28,178,248$13,945,559 $0$14,424,608 $419,316240
2013 · Form 990 period ending 2013-12-31 · view filing · original 990 ↗
$12,700,685$12,617,653 $27,215,453$12,582,521 $0$12,529,845 $414,720220
2012 · Form 990 period ending 2012-12-31 · view filing · original 990 ↗
$12,861,765$12,065,023 $27,356,878$12,645,468 $0$12,760,312 $402,106200
2011 · Form 990 period ending 2011-12-31 · view filing · original 990 ↗
$11,458,885$11,190,599 $23,818,117$11,998,754 $0$11,321,294 $436,909190
2010 · Form 990 period ending 2010-12-31 · view filing · original 990 ↗
$10,269,312$9,349,050 $23,546,677$11,678,125 $0$10,098,593 $429,661180

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

1 grantor reported grants to this organization, $249,330 in all, tax years 2014 to 2017. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP Public charity Exact 2014-2017 4$249,330 2017$23,900
show

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
ROSEAU ELECTRIC COOPERATIVE INCMNNot reported $20,439,224$20,212,848 GENERAL MANAGER$309,541 Similar name, revenue within 2x, same state
REDWOOD ELECTRIC COOPERATIVEMNNot reported $16,573,640$16,573,640 MANAGER OF FINANCE & ADMIN$200,645 Similar name, revenue within 2x, same state, similar mission
LYON-LINCOLN ELECTRIC COOPERATIVE INCMNNot reported $13,175,699$13,175,699 GENERAL MANAGER$357,482 Similar name, revenue within 2x, same state
CLEARWATER-POLK ELECTRIC COOPERATIVE INCMNNot reported $10,256,913$10,185,531 GENERAL MANAGER$344,878 Similar name, revenue within 2x, same state
ARROWHEAD ELECTRIC COOPERATIVE INCMNNot reported $17,965,861$14,869,024 GENERAL MANAGER/CEO$307,918 Similar name, revenue within 2x, same state
DOUGLAS ELECTRIC COOPERATIVE INCORNot reported $27,554,709$21,498,684 CEO$398,712 Similar name, revenue within 2x, similar mission
SOMERSET RURAL ELECTRIC COOPERATIVE INCPANot reported $30,148,509$28,094,827 GENERAL MANA$377,514 Similar name, revenue within 2x, similar mission
LANE ELECTRIC COOPERATIVE INCORNot reported $31,946,003$31,563,218 General Manager$325,365 Similar name, revenue within 2x, similar mission
ROSEBUD ELECTRIC COOPERATIVE INCSDNot reported $11,088,235$11,088,235 GENERAL MANAGER$256,278 Similar name, revenue within 2x, similar mission
SUSSEX RURAL ELECTRIC COOPERATIVE INCNJNot reported $29,547,553$27,904,062 PRESIDENT/CEO$404,150 Similar name, revenue within 2x, similar mission
RICHLAND ELECTRIC COOPERATIVEWINot reported $9,867,520$9,584,384 EXECUTIVE VP$409,291 Similar name, revenue within 2x, similar mission
SLOPE ELECTRIC COOPERATIVE INCNDNot reported $22,308,484$22,308,484 OPERATIONS MANAGER$254,436 Similar name, revenue within 2x, similar mission
HARNEY ELECTRIC COOPERATIVE INCORNot reported $17,373,602$17,373,602 GENERAL MANAGER$313,993 Similar name, revenue within 2x, similar mission
PRICE ELECTRIC COOPERATIVE INCWINot reported $16,427,176$16,427,176 PRESIDENT/CE$279,954 Similar name, revenue within 2x, similar mission
M & A ELECTRIC POWER COOPERATIVEMONot reported $32,693,480$24,301,384 GENERAL MANAGER$750,825 Similar name, revenue within 2x, similar mission
WARREN ELECTRIC COOPERATIVE INCPANot reported $13,706,300$13,147,601 GENERAL MANAGER & CEO$291,266 Similar name, revenue within 2x, similar mission
CLAY ELECTRIC COOPERATIVE INCILNot reported $8,944,046$8,767,093 CEO$206,980 Similar name, revenue within 2x, similar mission
ANZA ELECTRIC COOPERATIVE INCCANot reported $17,626,290$17,084,917 GENERAL MANAGER$631,397 Similar name, revenue within 2x, similar mission
RAVALLI COUNTY ELECTRIC COOPERATIVE INCMTNot reported $20,690,346$20,715,246 General Manager$660,768 Similar name, revenue within 2x, similar mission
SE-MA-NO ELECTRIC COOPERATIVE INCMONot reported $14,533,455$14,533,455 General Manager/CEO$270,751 Similar name, revenue within 2x, similar mission
VERNON ELECTRIC COOPERATIVEWINot reported $25,221,516$24,854,869 CEO/GENERAL$391,839 Similar name, revenue within 2x, similar mission
WASHINGTON ELECTRIC COOPERATIVE INCOHNot reported $24,881,718$23,651,588 GENERAL MGR/$310,890 Similar name, revenue within 2x, similar mission
NORTHFORK ELECTRIC COOPERATIVE INCOKNot reported $24,452,890$24,457,006 GENERAL MANA$324,045 Similar name, revenue within 2x, similar mission
ADAMS RURAL ELECTRIC COOPERATIVE INCOHNot reported $19,903,711$19,468,565 Manager of Operations$232,999 Similar name, revenue within 2x, similar mission
WASHINGTON ELECTRIC CO-OPERATIVE INCVTNot reported $9,858,451$9,858,451 DIR OF FINAN$311,465 Similar name, revenue within 2x, similar mission

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
ST CROIX VALLEY FOUNDATION DAF sponsor$32,3751 12021–2021 BAYFIELD ELECTRIC COOPERATIVE
ADLER - CLARK ELECTRIC COMMUNITY COMMITMENT FOUNDATION TR Private foundation$3,0003 12012–2014 TAYLOR ELECTRIC COOPERATIVE
LONG LEWIS FOUNDATION INC Private foundation$4001 12018–2018 FRANKLIN ELECTRIC COOPERATIVE

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990 · $17,216,224 spent · pay $509,083 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $10,615,495--- 61.7%
Benefits paid to members $1,587,683--- 9.2%
Other (as described)DISTRIBUTION EXPENSE $1,527,219--- 8.9%
Depreciation and depletion $1,282,971--- 7.5%
Interest $759,845--- 4.4%
Pay: officers, directors, trustees, key employees $509,083--- 3.0%
Other (as described)ALL OTHER EXPENSES $476,773--- 2.8%
Other (as described)ADMINISTRATIVE & GENERA $451,876--- 2.6%
All other expenses $5,279--- 0.0%
Total$17,216,224100%

View the filing

2024 · Form 990 · $15,754,750 spent · pay $465,284 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,614,043--- 61.0%
Other (as described)DISTRIBUTION EXPENSE $1,440,952--- 9.1%
Benefits paid to members $1,434,047--- 9.1%
Depreciation and depletion $1,211,860--- 7.7%
Interest $719,606--- 4.6%
Pay: officers, directors, trustees, key employees $465,284--- 3.0%
Other (as described)ALL OTHER EXPENSES $460,539--- 2.9%
Other (as described)ADMINISTRATIVE & GENERA $403,470--- 2.6%
All other expenses $4,949--- 0.0%
Total$15,754,750100%

View the filing

2023 · Form 990 · $15,094,578 spent · pay $457,335 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,560,584--- 63.3%
Other (as described)DISTRIBUTION EXPENSE $1,416,786--- 9.4%
Depreciation and depletion $1,148,209--- 7.6%
Benefits paid to members $906,104--- 6.0%
Interest $656,616--- 4.4%
Other (as described)ALL OTHER EXPENSES $524,169--- 3.5%
Pay: officers, directors, trustees, key employees $457,335--- 3.0%
Other (as described)ADMINISTRATIVE & GENERA $418,985--- 2.8%
All other expenses $5,790--- 0.0%
Total$15,094,578100%

View the filing

2022 · Form 990 · $14,858,333 spent · pay $528,680 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,507,193--- 64.0%
Other (as described)DISTRIBUTION EXPENSE $1,364,451--- 9.2%
Depreciation and depletion $1,085,337--- 7.3%
Benefits paid to members $997,672--- 6.7%
Interest $584,943--- 3.9%
Pay: officers, directors, trustees, key employees $528,680--- 3.6%
Other (as described)ALL OTHER EXPENSES $456,814--- 3.1%
Other (as described)ADMINISTRATIVE & GENERA $327,634--- 2.2%
All other expenses $5,609--- 0.0%
Total$14,858,333100%

View the filing

2021 · Form 990 · $13,757,347 spent · pay $471,065 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,107,133--- 66.2%
Other (as described)DISTRIBUTION EXPENSE $1,063,743--- 7.7%
Depreciation and depletion $1,035,356--- 7.5%
Benefits paid to members $652,563--- 4.7%
Interest $585,839--- 4.3%
Other (as described)ALL OTHER EXPENSES $512,634--- 3.7%
Pay: officers, directors, trustees, key employees $471,065--- 3.4%
Other (as described)ADMINISTRATIVE & GENERA $325,375--- 2.4%
All other expenses $3,639--- 0.0%
Total$13,757,347100%

View the filing

2020 · Form 990 · $14,675,808 spent · pay $451,032 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,599,253--- 65.4%
Other (as described)DISTRIBUTION EXPENSE $1,265,525--- 8.6%
Depreciation and depletion $981,658--- 6.7%
Benefits paid to members $782,046--- 5.3%
Interest $591,326--- 4.0%
Other (as described)ALL OTHER EXPENSES $531,485--- 3.6%
Other (as described)ADMINISTRATIVE & GENERA $469,108--- 3.2%
Pay: officers, directors, trustees, key employees $451,032--- 3.1%
All other expenses $4,375--- 0.0%
Total$14,675,808100%

View the filing

2019 · Form 990 · $15,118,132 spent · pay $426,729 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $10,140,722--- 67.1%
Other (as described)DISTRIBUTION EXPENSE $1,255,538--- 8.3%
Depreciation and depletion $946,043--- 6.3%
Benefits paid to members $770,080--- 5.1%
Interest $582,956--- 3.9%
Other (as described)ALL OTHER EXPENSES $510,651--- 3.4%
Other (as described)ADMINISTRATIVE & GENERA $483,384--- 3.2%
Pay: officers, directors, trustees, key employees $426,729--- 2.8%
All other expenses $2,029--- 0.0%
Total$15,118,132100%

View the filing

2018 · Form 990 · $14,612,004 spent · pay $413,614 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,683,006--- 66.3%
Other (as described)DISTRIBUTION EXPENSE $1,190,160--- 8.1%
Depreciation and depletion $915,636--- 6.3%
Benefits paid to members $872,939--- 6.0%
Interest $566,669--- 3.9%
Other (as described)ALL OTHER EXPENSES $494,980--- 3.4%
Other (as described)ADMINISTRATIVE & GENERA $475,000--- 3.3%
Pay: officers, directors, trustees, key employees $413,614--- 2.8%
Total$14,612,004100%

View the filing

2017 · Form 990 · $14,266,455 spent · pay $552,581 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,522,593--- 66.7%
Other (as described)DISTRIBUTION EXPENSE $1,041,672--- 7.3%
Depreciation and depletion $890,274--- 6.2%
Benefits paid to members $796,602--- 5.6%
Interest $572,145--- 4.0%
Other (as described)ALL OTHER EXPENSES $555,616--- 3.9%
Pay: officers, directors, trustees, key employees $552,581--- 3.9%
Other (as described)ADMINISTRATIVE & GENERA $330,809--- 2.3%
All other expenses $4,163--- 0.0%
Total$14,266,455100%

View the filing

2016 · Form 990 · $14,814,452 spent · pay $489,853 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,838,436--- 66.4%
Other (as described)DISTRIBUTION EXPENSE $1,219,729--- 8.2%
Other (as described)ADMINISTRATIVE & GENERA $948,715--- 6.4%
Depreciation and depletion $868,212--- 5.9%
Benefits paid to members $723,823--- 4.9%
Interest $580,186--- 3.9%
Pay: officers, directors, trustees, key employees $489,853--- 3.3%
All other expenses $147,358--- 1.0%
Other (as described)990-T TAXES/REFUND -$1,860--- -0.0%
Total$14,814,452100%

View the filing

2015 · Form 990 · $13,841,849 spent · pay $485,618 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,398,327--- 67.9%
Other (as described)DISTRIBUTION EXPENSE $1,216,200--- 8.8%
Other (as described)ADMINISTRATIVE & GENERA $1,172,411--- 8.5%
Depreciation and depletion $877,640--- 6.3%
Interest $584,102--- 4.2%
Pay: officers, directors, trustees, key employees $485,618--- 3.5%
All other expenses $108,318--- 0.8%
Other (as described)990-T TAXES/REFUND -$767--- -0.0%
Total$13,841,849100%

View the filing

2014 · Form 990 · $14,426,237 spent · pay $419,316 · grants $6,739 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)COST OF POWER PURCHASED $9,281,157--- 64.3%
Benefits paid to members $1,094,147--- 7.6%
Other (as described)DISTRIBUTION EXPENSE $1,085,661--- 7.5%
Other (as described)ADMINISTRATIVE & GENERA $904,108--- 6.3%
Depreciation and depletion $849,603--- 5.9%
Interest $599,251--- 4.2%
Pay: officers, directors, trustees, key employees $419,316--- 2.9%
Other (as described)ALL OTHER EXPENSES $186,255--- 1.3%
Grants to US organizations and governments $6,739--- 0.0%
Total$14,426,237100%

View the filing

2013 · Form 990 · $12,617,653 spent · pay $1,856,597 · grants $6,365 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)Cost of Power Purchased $8,858,133--- 70.2%
Other salaries and wages $1,018,660--- 8.1%
Other (as described)Distribution Expense $982,410--- 7.8%
Other (as described)Administrative and Gene $927,794--- 7.4%
Depreciation and depletion $815,593--- 6.5%
Interest $613,374--- 4.9%
Pay: officers, directors, trustees, key employees $414,720--- 3.3%
Pension plan contributions $328,541--- 2.6%
Payroll taxes $94,676--- 0.8%
Grants to US organizations and governments $6,365--- 0.1%
Other (as described)UBIT Tax (Refund) -$859--- -0.0%
All other expenses -$1,441,754--- -11.4%
Total$12,617,653100%

View the filing

2012 · Form 990 · $12,065,023 spent · pay $1,727,934 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)Cost of Power Purchased $8,226,616--- 68.2%
Other (as described)Distribution Expense $1,077,398--- 8.9%
Other salaries and wages $972,051--- 8.1%
Other (as described)Administrative and Gene $921,071--- 7.6%
Depreciation and depletion $820,207--- 6.8%
Interest $501,880--- 4.2%
Pay: officers, directors, trustees, key employees $402,106--- 3.3%
Pension plan contributions $286,817--- 2.4%
Payroll taxes $66,960--- 0.6%
Other (as described)Income taxes $13,959--- 0.1%
All other expenses -$1,224,042--- -10.1%
Total$12,065,023100%

View the filing

2011 · Form 990 · $11,190,599 spent · pay $1,725,688 · grants $4,453 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)Cost of Power Purchased $7,530,919--- 67.3%
Other (as described)Distribution Expense $1,029,694--- 9.2%
Other salaries and wages $927,776--- 8.3%
Other (as described)Administrative and Gene $926,981--- 8.3%
Depreciation and depletion $738,621--- 6.6%
Interest $502,463--- 4.5%
Other (as described)Customer Service $457,468--- 4.1%
Pay: officers, directors, trustees, key employees $436,909--- 3.9%
Pension plan contributions $296,627--- 2.7%
Payroll taxes $64,376--- 0.6%
Grants to US organizations and governments $4,453--- 0.0%
All other expenses -$1,725,688--- -15.4%
Total$11,190,599100%

View the filing

2010 · Form 990 · $9,349,050 spent · pay $1,181,258 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)Cost of Power Purchased $5,906,597--- 63.2%
Other (as described)Distribution Expense $853,706--- 9.1%
Depreciation and depletion $753,033--- 8.1%
Interest $516,681--- 5.5%
Pay: officers, directors, trustees, key employees $429,661--- 4.6%
Other (as described)Customer Service $428,179--- 4.6%
Other (as described)Administrative and Gene $418,182--- 4.5%
Other salaries and wages $367,883--- 3.9%
Pension plan contributions $299,696--- 3.2%
Payroll taxes $84,018--- 0.9%
All other expenses $6,616--- 0.1%
Other (as described)Capitalized Costs -$715,202--- -7.6%
Total$9,349,050100%

View the filing

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