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MINNESOTA RURAL ELECTRIC ASSOCIATIO N
MINNESOTA RURAL ELECTRIC ASSOCIATIO N
MN · EIN 410417193
40
Executives Disclosed
$5.5M
Annual Revenue
$3.9M
Total Assets
2.1:1
Internal Pay Ratio
MINNESOTA RURAL ELECTRIC ASSOCIATIO N has 40 executives with disclosed compensation. The highest-paid executive, Darrick Moe (PRESIDENT &), received peak total compensation of $395,055.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Darrick Moe | PRESIDENT & | $395K | $395K | 2016–2024 | 5.3x |
| Joe Miller | DIRECTOR OF | $264K | $264K | 2023–2024 | 3.5x |
| Melissa Stachovich | DIRECTOR-FIN | $224K | $224K | 2016–2024 | 3x |
| Mike Bull | DIRECTOR- GO | $222K | $222K | 2022–2022 | 3x |
| Jenny Glumack | DIRECTOR GOV | $218K | $218K | 2021–2024 | 2.9x |
| Lidia Dilley Jacobson | DIRECTOR-SAF | $215K | $184K | 2016–2022 | 2.9x |
| Joyce Pepin | DIRECTOR-GOV | $191K | $191K | 2019–2020 | 2.6x |
| Anthony Lenz | DIRECTOR-SAF | $180K | $180K | 2023–2024 | 2.4x |
| James Horan | DIRECTOR-GOV | $170K | $170K | 2016–2017 | 2.3x |
| Alison Deelstra | DIRECTOR-EDU | $169K | $169K | 2016–2017 | 2.3x |
| Krista Benjamin | DIRECTOR- ED | $143K | $0 | 2019–2021 | 1.9x |
| Wes Waller | CHAIR | $14K | $0 | 2016–2024 | 0.2x |
| Warren Rau | TREASURER | $11K | $0 | 2016–2024 | 0.1x |
| Ron Stevens | SECRETARY | $10K | $0 | 2016–2024 | 0.1x |
| Tim Velde | DIRECTOR | $10K | $0 | 2016–2024 | 0.1x |
| Jeff Nornes | SECOND VICE | $10K | $0 | 2020–2024 | 0.1x |
| Richard Coe | FIRST VICE C | $9K | $0 | 2018–2024 | 0.1x |
| Thomas Woinarowicz | DIRECTOR | $9K | $0 | 2016–2020 | 0.1x |
| Rick Coe | DIRECTOR | $8K | $0 | 2016–2017 | 0.1x |
| John Reynolds | DIRECTOR | $8K | $0 | 2023–2024 | 0.1x |
| Janet Lekson | TREASURER | $8K | $0 | 2016–2020 | 0.1x |
| Jerry Tvedt | DIRECTOR | $8K | $0 | 2019–2024 | 0.1x |
| Ronald Schwartau | DIRECTOR | $7K | $0 | 2016–2024 | 0.1x |
| John Wells | DIRECTOR | $7K | $0 | 2016–2023 | 0.1x |
| Aileen Demenge | DIRECTOR | $7K | $0 | 2022–2024 | 0.1x |
| Ken Fiereck | SECOND VICE | $7K | $0 | 2016–2023 | 0.1x |
| Sandy Ludeman | DIRECTOR | $7K | $0 | 2017–2023 | 0.1x |
| Barbara Welty | DIRECTOR | $7K | $0 | 2016–2022 | 0.1x |
| Stacy Miller | DIRECTOR | $7K | $0 | 2020–2023 | 0.1x |
| Scott Thiesse | DIRECTOR | $7K | $0 | 2023–2024 | 0.1x |
| Duane Lindenfelser | SECOND VICE | $7K | $0 | 2017–2018 | 0.1x |
| Tracy Lauritzen | DIRECTOR | $7K | $0 | 2024–2024 | 0.1x |
| Linda Laitala | SECRETARY (J | $6K | $0 | 2016–2017 | 0.1x |
| James Connelly | DIRECTOR | $6K | $0 | 2017–2023 | 0.1x |
| John Deyoe | DIRECTOR | $6K | $0 | 2023–2024 | 0.1x |
| Duane Butch Lindenfelser | SECOND VICE | $6K | $0 | 2016–2016 | 0.1x |
| Jerry Twedt | DIRECTOR | $5K | $0 | 2021–2021 | 0.1x |
| Philip Nestande | TREASURER (J | $5K | $0 | 2016–2017 | 0.1x |
| Shelly Peterson | DIRECTOR | $5K | $0 | 2024–2024 | 0.1x |
| Butch Lindenselser | DIRECTOR (EN | $1K | $0 | 2019–2019 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 19 | $235K | $235K | $235K |
| 2017 | 21 | $189K | $269K | $945K |
| 2018 | 17 | $213K | $296K | $638K |
| 2019 | 20 | $205K | $296K | $819K |
| 2020 | 21 | $231K | $332K | $926K |
| 2021 | 19 | $250K | $338K | $749K |
| 2022 | 20 | $223K | $351K | $1.1M |
| 2023 | 22 | $250K | $361K | $1.0M |
| 2024 | 19 | $256K | $395K | $1.3M |
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