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REDWOOD ELECTRIC COOPERATIVE
REDWOOD ELECTRIC COOPERATIVE
MN · EIN 410184475
18
Executives Disclosed
$16.6M
Annual Revenue
$41.7M
Total Assets
1.1:1
Internal Pay Ratio
REDWOOD ELECTRIC COOPERATIVE has 18 executives with disclosed compensation. The highest-paid executive, Ronald L Horman (GENERAL MANAGER), received peak total compensation of $247,576.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Ronald L Horman | GENERAL MANAGER | $248K | $191K | 2016–2024 | 3.3x |
| Chad Nelsen | OPERATIONS MANAGER | $225K | $203K | 2018–2024 | 3x |
| Clark Gardner | SENIOR FOREMAN | $208K | $192K | 2022–2024 | 2.8x |
| Hope Lang | MANAGER OF FINANCE & ADMIN | $201K | $203K | 2018–2024 | 2.7x |
| Donald Dietz | SENIOR FOREMAN | $180K | $181K | 2022–2024 | 2.4x |
| Martin Berg | FOREMAN | $180K | $182K | 2022–2024 | 2.4x |
| Matthew Grunewald | FOREMAN | $179K | $181K | 2022–2024 | 2.4x |
| Richard Nelson | DIRECTOR | $19K | $0 | 2016–2024 | 0.3x |
| Michael Baune | DIRECTOR | $18K | $0 | 2016–2024 | 0.2x |
| Dean Fultz | DIRECTOR | $18K | $0 | 2016–2024 | 0.2x |
| Jill Weber Vanderwal | SECRETARY/TREASURER | $18K | $0 | 2016–2024 | 0.2x |
| Daniel Tauer | PRESIDENT | $18K | $0 | 2016–2024 | 0.2x |
| Leo Mertens | DIRECTOR UNTIL 08/2020 | $18K | $0 | 2016–2020 | 0.2x |
| Werner Fischer | DIRECTOR UNTIL 05/2020 | $17K | $0 | 2016–2020 | 0.2x |
| Michael Baune Secretary | TREASURER/DIRECTOR (BEG 04/2022) | $15K | $0 | 2022–2022 | 0.2x |
| Emily Evans | VICE PRESIDENT | $14K | $0 | 2020–2024 | 0.2x |
| George Turbes | DIRECTOR | $14K | $0 | 2020–2024 | 0.2x |
| Jill Weber Vanderwal Director | /SECRETARY/TREASURER (BEG 04/2022) | $14K | $0 | 2022–2022 | 0.2x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 8 | $205K | $205K | $205K |
| 2017 | 8 | $205K | $205K | $205K |
| 2018 | 10 | $196K | $232K | $589K |
| 2019 | 10 | $201K | $241K | $602K |
| 2020 | 12 | $216K | $250K | $647K |
| 2021 | 10 | $220K | $244K | $661K |
| 2022 | 14 | $192K | $210K | $1.3M |
| 2023 | 14 | $187K | $200K | $1.3M |
| 2024 | 14 | $190K | $203K | $1.3M |
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