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STEARNS COOPERATIVE ELECTRIC ASSOCIATION
STEARNS COOPERATIVE ELECTRIC ASSOCIATION
MN · EIN 410558175
38
Executives Disclosed
$71.5M
Annual Revenue
$190.4M
Total Assets
1.7:1
Internal Pay Ratio
STEARNS COOPERATIVE ELECTRIC ASSOCIATION has 38 executives with disclosed compensation. The highest-paid executive, Matthew O'Shea (CEO), received peak total compensation of $396,864.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Matthew O'Shea | CEO | $397K | $397K | 2024–2024 | 5.3x |
| Robin C Doege | CEO - PART YEAR | $375K | $315K | 2018–2022 | 5x |
| Matt O'Shea | CEO | $339K | $339K | 2023–2023 | 4.5x |
| Victoria A Herkenhoff | VP OF ADMINISTRATION AND FINANCE | $286K | $286K | 2024–2024 | 3.8x |
| Matthew R O'Shea | CEO | $280K | $280K | 2016–2022 | 3.7x |
| Victoria Herkenhoff | VP OF ADMINISTRATION AND FINANCE | $274K | $274K | 2016–2023 | 3.6x |
| Glenn Blommel | MANAGER OF OPERATIONS | $266K | $266K | 2016–2024 | 3.5x |
| David B Gruenes | CEO - PART YEAR | $265K | $0 | 2016–2019 | 3.5x |
| James Pachan | VP OF ENGINEERING & OPERATIONS | $244K | $244K | 2018–2023 | 3.2x |
| Ryan Zierden | MANAGER OF IT | $231K | $231K | 2023–2024 | 3.1x |
| Cindy Anderson | MANAGER OF FINANCE | $231K | $231K | 2020–2024 | 3.1x |
| Ralph E Martin | CFO | $212K | $212K | 2016–2018 | 2.8x |
| Ryan A Zierden | MANAGER OF IT | $207K | $207K | 2016–2022 | 2.8x |
| Darla Honkomp | MANAGER OF MEMBER ACCOUNTS | $203K | $203K | 2021–2023 | 2.7x |
| James Turner | MANAGER OF ENGINEERING | $199K | $199K | 2024–2024 | 2.6x |
| Jacob Dooner | LINE SUPERINTENDENT | $174K | $174K | 2022–2023 | 2.3x |
| Gerald Mathaler | ENGINEERING SUPERVISOR | $174K | $174K | 2020–2020 | 2.3x |
| Jacob Ronning | JOUNEYMAN LINEMAN | $171K | $171K | 2024–2024 | 2.3x |
| Eric Pfeninger | JOURNEYMAN LINEMAN | $150K | $0 | 2017–2019 | 2x |
| Dylan Jude | JOURNEYMAN LINEMAN | $136K | $0 | 2019–2019 | 1.8x |
| Grant Wenker | LINEMAN | $134K | $0 | 2016–2016 | 1.8x |
| Eric Peterson | PRESIDENT | $21K | $0 | 2020–2024 | 0.3x |
| Michael Cramer | SECRETARY/TREASURER | $21K | $0 | 2021–2024 | 0.3x |
| Scott Dirkes | DIRECTOR | $19K | $0 | 2023–2024 | 0.2x |
| Randall Rothstein | VICE PRESIDENT | $17K | $0 | 2016–2024 | 0.2x |
| Arlyn Lawrenz | DIRECTOR | $16K | $0 | 2016–2024 | 0.2x |
| Greg Blaine | DIRECTOR | $16K | $0 | 2016–2024 | 0.2x |
| Jerome Fries | DIRECTOR | $16K | $0 | 2016–2024 | 0.2x |
| Robert Niehaus | DIRECTOR | $16K | $0 | 2022–2024 | 0.2x |
| Jeff Koehler | DIRECTOR | $16K | $0 | 2022–2024 | 0.2x |
| Lawrence Iverson | DIRECTOR | $13K | $0 | 2016–2023 | 0.2x |
| Steven Notch | SECRETARY/TREASURER - PART YEAR | $13K | $0 | 2016–2022 | 0.2x |
| Anthony C Ampe | DIRECTOR - PART YEAR | $12K | $0 | 2018–2021 | 0.2x |
| Anthony Ampe | VICE PRESIDENT | $11K | $0 | 2020–2020 | 0.2x |
| Richard Nathe | DIRECTOR - PART YEAR | $11K | $0 | 2016–2021 | 0.1x |
| A Michael Blenkush | DIRECTOR - PART YEAR | $9K | $0 | 2016–2019 | 0.1x |
| John Anderson | DIRECTOR, VICE PRESIDENT-PART YEAR | $7K | $0 | 2016–2018 | 0.1x |
| Harlan Jopp | DIRECTOR, VP, PART YEAR | $3K | $0 | 2016–2016 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 17 | $203K | $231K | $1.0M |
| 2017 | 16 | $216K | $265K | $1.1M |
| 2018 | 18 | $199K | $212K | $1.4M |
| 2019 | 18 | $232K | $343K | $1.4M |
| 2020 | 17 | $229K | $368K | $1.8M |
| 2021 | 18 | $237K | $375K | $1.9M |
| 2022 | 18 | $237K | $315K | $1.9M |
| 2023 | 18 | $241K | $339K | $1.9M |
| 2024 | 16 | $254K | $397K | $1.8M |
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