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MIENERGY COOPERATIVE

MN · EIN 410254835

32
Executives Disclosed
$84.4M
Annual Revenue
$239.8M
Total Assets
2.6:1
Internal Pay Ratio

MIENERGY COOPERATIVE has 32 executives with disclosed compensation. The highest-paid executive, Brian Krambeer (CEO), received peak total compensation of $551,454.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Brian Krambeer CEO $551K $531K 2016–2024 7.4x
Steven Oian VP OF SYSTEM OPERATIONS $300K $241K 2021–2024 4x
Shelly Hove CFO $293K $295K 2018–2024 3.9x
Michael Walton VP OF ENGINEERING & SYSTEM PLANNING $275K $276K 2019–2024 3.7x
Vassil Vutov VP OF INFORMATION TECHNOLOGY $227K $228K 2019–2024 3x
Teddy Kjos VP OF MARKETING & EXTERNAL $221K $222K 2019–2020 2.9x
Kaye Bernard COO $209K $159K 2017–2020 2.8x
Brian Bauer JOURNEYMAN FOREMAN $203K $204K 2022–2022 2.7x
Davin Thompson DIRECTOR OF OPERATIONS $198K $200K 2023–2024 2.6x
Kent Whitcomb VP OF MEMBER SERVICES $187K $188K 2024–2024 2.5x
Chad Chaffee VP OF SYSTEM OPERATIONS $168K $169K 2019–2020 2.2x
Tyler Eide JOURNEYMAN FOREMAN $164K $0 2019–2023 2.2x
Dennis Lefebvre JOURNEYMAN FOREMAN $160K $161K 2021–2021 2.1x
Shelly Girolamo CFO $160K $161K 2017–2017 2.1x
Jennifer Scharmer DIRECTOR $21K $0 2016–2024 0.3x
Charles Frana DIRECTOR UNTIL 04/2022 $21K $0 2017–2022 0.3x
Dean Nierling PRESIDENT $20K $0 2017–2024 0.3x
Donald Petersen TREASURER $20K $0 2016–2022 0.3x
Don Petersen TREASURER $20K $0 2023–2024 0.3x
Ronald Stevens VICE PRESIDENT $20K $0 2016–2024 0.3x
Beth Olson DIRECTOR $19K $0 2016–2024 0.3x
Dennis Ptacek SECRETARY $18K $0 2017–2024 0.2x
Kyle Holthaus DIRECTOR $17K $0 2022–2024 0.2x
Dean Fisher DIRECTOR UNTIL 04/2022 $17K $0 2017–2022 0.2x
Dennis Young DIRECTOR UNTIL 04/2024 $17K $0 2017–2024 0.2x
Jeffrey Redalen DIRECTOR $17K $0 2016–2022 0.2x
Jeff Redalen DIRECTOR UNTIL 11/2024 $17K $0 2023–2024 0.2x
Roger Hegland DIRECTOR UNTIL 09/2019 $16K $0 2016–2019 0.2x
Carl Reicks DIRECTOR $15K $0 2017–2024 0.2x
Skip Wieser DIRECTOR $14K $0 2016–2022 0.2x
Darla Rance DIRECTOR UNTIL 09/2019 $13K $0 2017–2019 0.2x
Al Skip Wieser DIRECTOR $13K $0 2023–2024 0.2x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 8 $190K $190K $190K
2017 17 $243K $376K $728K
2018 17 $237K $330K $712K
2019 22 $204K $373K $1.6M
2020 20 $223K $384K $1.6M
2021 19 $234K $339K $1.6M
2022 20 $277K $506K $1.9M
2023 18 $296K $554K $1.8M
2024 18 $280K $531K $2.0M
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