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NORTH STAR ELECTRIC COOPERATIVE INCORPORATED
NORTH STAR ELECTRIC COOPERATIVE INCORPORATED
MN · EIN 410449191
24
Executives Disclosed
$16.2M
Annual Revenue
$43.9M
Total Assets
1.9:1
Internal Pay Ratio
NORTH STAR ELECTRIC COOPERATIVE INCORPORATED has 24 executives with disclosed compensation. The highest-paid executive, Ann Ellis (GENERAL MANAGER - PART YEAR), received peak total compensation of $636,460.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Ann Ellis | GENERAL MANAGER - PART YEAR | $636K | $0 | 2016–2021 | 8.5x |
| Kevin Holen | GENERAL MANAGER | $399K | $399K | 2022–2024 | 5.3x |
| Marty Mollberg | OPERATIONS MANAGER | $313K | $275K | 2016–2021 | 4.2x |
| Joshua Compton | GENERAL MANAGER | $287K | $287K | 2022–2022 | 3.8x |
| Timothy Pelach | OPERATIONS MANAGER | $268K | $268K | 2020–2024 | 3.6x |
| Josh Compton | GENERAL MANAGER | $256K | $256K | 2021–2021 | 3.4x |
| Robyn Sonstegard | FINANCE MANAGER | $252K | $212K | 2016–2024 | 3.4x |
| Todd Thydean | FOREMAN | $208K | $199K | 2021–2024 | 2.8x |
| Glen Marcotte | SUB-FOREMAN | $207K | $207K | 2021–2021 | 2.8x |
| Todd Higgins | FOREMAN | $178K | $163K | 2020–2024 | 2.4x |
| Preston Kennedy | SUB-FOREMAN | $174K | $155K | 2021–2024 | 2.3x |
| Jesse Huot | SUB-FOREMAN | $159K | $159K | 2022–2024 | 2.1x |
| Nathan Zortman | LEAD LINEMAN | $149K | $0 | 2023–2023 | 2x |
| Michael Hanson | VICE PRESIDENT | $13K | $0 | 2016–2024 | 0.2x |
| Steve Arnesen | PRESIDENT | $12K | $0 | 2016–2024 | 0.2x |
| Tom Smith | DIRECTOR | $12K | $0 | 2016–2024 | 0.2x |
| Bruce Sampson | DIRECTOR | $11K | $0 | 2017–2022 | 0.2x |
| Douglas King | DIRECTOR | $10K | $0 | 2022–2024 | 0.1x |
| Julian Brzoznowski | Director (Jan-Oct) | $9K | $0 | 2016–2017 | 0.1x |
| Randall Bergan | DIRECTOR | $9K | $0 | 2016–2024 | 0.1x |
| Lorraine Nygaard | SECRETARY-TREASURER - PART YEAR | $9K | $0 | 2016–2024 | 0.1x |
| Shelley Spears | DIRECTOR/SECRETARY-TREASURER | $8K | $0 | 2017–2024 | 0.1x |
| Michael Trueman | Director (Jan-Oct) | $5K | $0 | 2016–2017 | 0.1x |
| Bruce Polkinghorne | Director (Partial Year) | $750 | $0 | 2016–2016 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 11 | $320K | $377K | $640K |
| 2017 | 12 | $296K | $435K | $887K |
| 2018 | 10 | $331K | $494K | $994K |
| 2019 | 10 | $352K | $528K | $1.1M |
| 2020 | 12 | $300K | $636K | $1.5M |
| 2021 | 15 | $225K | $275K | $1.6M |
| 2022 | 16 | $203K | $287K | $1.6M |
| 2023 | 14 | $205K | $284K | $1.2M |
| 2024 | 14 | $222K | $399K | $1.6M |
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