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MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION
MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION
MN · EIN 410419129
20
Executives Disclosed
$26.0M
Annual Revenue
$101.1M
Total Assets
3.1:1
Internal Pay Ratio
MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION has 20 executives with disclosed compensation. The highest-paid executive, Patrick Carruth (GENERAL MANAGER), received peak total compensation of $694,932.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Patrick Carruth | GENERAL MANAGER | $695K | $682K | 2017–2024 | 9.3x |
| Robert Kratz | OPERATION MANAGER | $394K | $397K | 2017–2021 | 5.3x |
| Robert Walsh | MEMBER SERV MANAGER | $265K | $222K | 2017–2020 | 3.5x |
| Scott Kubesh | MEMBER SERVICES MANAGER | $257K | $260K | 2022–2024 | 3.4x |
| Eric Wollschlager | OPERATIONS MANAGER | $256K | $0 | 2022–2024 | 3.4x |
| James Hughes | FOREMAN | $247K | $249K | 2021–2022 | 3.3x |
| Jill Rothschadl | OFFICE MANAGER | $227K | $230K | 2018–2024 | 3x |
| Kent Smith | FOREMAN | $224K | $185K | 2017–2024 | 3x |
| Andrew Johnson | CREW CHIEF | $197K | $176K | 2022–2023 | 2.6x |
| John Williamson | OPERATIONS MANAGER | $182K | $184K | 2017–2017 | 2.4x |
| Trevor Diggins | SYSTEM COORDINATOR | $181K | $183K | 2019–2024 | 2.4x |
| Landmark Jan-Eric | LINEMAN | $154K | $156K | 2018–2020 | 2.1x |
| Anthony Bednarek | LINEMAN | $140K | $0 | 2023–2024 | 1.9x |
| Timothy Velde | DIRECTOR | $20K | $0 | 2017–2024 | 0.3x |
| Mark Peterson | SECRETARY | $19K | $0 | 2017–2024 | 0.3x |
| Darryl Bursack | DIRECTOR | $19K | $0 | 2017–2024 | 0.3x |
| Gary Groothuis | TREASURER | $19K | $0 | 2017–2024 | 0.3x |
| Donald Fernholz | VICE PRESIDENT | $19K | $0 | 2017–2024 | 0.3x |
| Steve Norman | PRESIDENT | $19K | $0 | 2017–2024 | 0.3x |
| Wayne Peltier | DIRECTOR | $19K | $0 | 2017–2024 | 0.2x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2017 | 12 | $238K | $441K | $1.2M |
| 2018 | 13 | $244K | $318K | $976K |
| 2019 | 13 | $237K | $398K | $1.4M |
| 2020 | 13 | $259K | $499K | $1.6M |
| 2021 | 13 | $282K | $474K | $1.7M |
| 2022 | 14 | $280K | $659K | $2.0M |
| 2023 | 14 | $295K | $701K | $1.8M |
| 2024 | 14 | $308K | $682K | $1.5M |
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