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MINNESOTA POWER EMPLOYEES CREDIT UNION

MN · EIN 410418235

6
Executives Disclosed
$8.5M
Annual Revenue
$160.2M
Total Assets
1.2:1
Internal Pay Ratio

MINNESOTA POWER EMPLOYEES CREDIT UNION has 6 executives with disclosed compensation. The highest-paid executive, Debora Almirall (PRESIDENT/CEO), received peak total compensation of $226,655.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Debora Almirall PRESIDENT/CEO $227K $180K 2016–2024 3x
Jason Olsen SVP BUSINESS LENDING $195K $195K 2022–2024 2.6x
Dave Kauma VP FINANCE $168K $168K 2024–2024 2.2x
Brian Shelton SR VPMBL $158K $159K 2016–2018 2.1x
Annie Lepper VP LENDING & MARKETING $144K $0 2023–2024 1.9x
Terese Thorstad VP FINANCE $118K $0 2016–2022 1.6x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 3 $174K $174K $174K
2017 3 $173K $184K $345K
2018 3 $172K $186K $344K
2019 2 $191K $191K $191K
2020 2 $201K $201K $201K
2021 2 $208K $208K $208K
2022 3 $212K $212K $212K
2023 3 $193K $227K $385K
2024 4 $181K $195K $544K
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