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MIDLAND POWER COOPERATIVE

IA · EIN 421378565

40
Executives Disclosed
$60.1M
Annual Revenue
$169.3M
Total Assets
1.7:1
Internal Pay Ratio

MIDLAND POWER COOPERATIVE has 40 executives with disclosed compensation. The highest-paid executive, William McKim (CEO), received peak total compensation of $446,122.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
William McKim CEO $446K $317K 2020–2024 5.9x
Bill McKim CEO $251K $218K 2016–2019 3.3x
Dan Kyle VP OF OPERATIONS $221K $222K 2019–2024 2.9x
Norm Fandel SENIOR VP OF BUSINESS OPS UNTIL 04/2022 $215K $0 2018–2022 2.9x
Scott Benz LINE FOREMAN $198K $199K 2017–2024 2.6x
Justin Schmidt LINE FOREMAN $186K $187K 2021–2024 2.5x
Jill Gannon VP OF ADMINISTRATION $181K $182K 2019–2024 2.4x
Brian Killeen LINE SUPERINTENDENT $173K $171K 2018–2024 2.3x
Lucas Shipley LINEMAN $165K $166K 2024–2024 2.2x
Barry Munson LINE FOREMAN $160K $161K 2018–2024 2.1x
Bruce Keeney VP OF OPERATIONS $158K $158K 2016–2019 2.1x
Justin Kirchhoff LINE FOREMAN $149K $0 2023–2023 2x
Cody Buscher FIRST CLASS LINEMAN $143K $0 2020–2020 1.9x
Jordan Bos FIRST CLASS LINEMAN $143K $0 2020–2020 1.9x
Dylan McConnell LINE FOREMAN $134K $0 2022–2022 1.8x
Jeff Brophy VP of Finance $129K $0 2016–2018 1.7x
Caleb Mckim FAMILY MEMBER OF CEO $114K $114K 2023–2024 1.5x
Mike Coleman PRESIDENT $18K $0 2019–2024 0.2x
Jack Runge DIRECTOR END 05/2023 $12K $0 2016–2023 0.2x
Joel Skow ASSIST SECRETARY/TREASURER $12K $0 2016–2024 0.2x
James Byriel DIRECTOR $11K $0 2018–2024 0.1x
Tom Ingebritson DIRECTOR (UNTIL 08/24) $9K $0 2016–2024 0.1x
Kimberley Rinker TREASURER $9K $0 2020–2024 0.1x
Tom Ross DIRECTOR FROM JANUARY THROUGH JUNE $9K $0 2016–2020 0.1x
Michael Coleman TREASURER $8K $0 2016–2018 0.1x
Rick Thompson VICE PRESIDENT $7K $0 2016–2024 0.1x
Kim Rinker DIRECTOR $7K $0 2016–2019 0.1x
James Viekandt DIRECTOR $7K $0 2022–2024 0.1x
Paul Heineman DIRECTOR $6K $0 2016–2024 0.1x
Randy Christensen SECRETARY $6K $0 2016–2024 0.1x
Charles Gilbert DIRECTOR UNTIL 06/2022 $6K $0 2016–2022 0.1x
William Harleen DIRECTOR $6K $0 2019–2024 0.1x
James Weigel DIRECTOR $6K $0 2016–2018 0.1x
Earl Check DIRECTOR $5K $0 2016–2018 0.1x
Doug Robey DIRECTOR $5K $0 2020–2024 0.1x
Paul Skartvedt DIRECTOR (BEG 07/24) $4K $0 2023–2024 0.1x
Francis Buckel DIRECTOR (BEG 08/24) $4K $0 2024–2024 0x
Jim Weigel DIRECTOR $3K $0 2019–2019 0x
Jim Marso DIRECTOR - TO 06/30/16 $3K $0 2016–2016 0x
Kevin Rasmussen DIRECTOR - TO 06/30/16 $3K $0 2016–2016 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 17 $229K $229K $229K
2017 16 $241K $241K $241K
2018 20 $251K $251K $251K
2019 20 $170K $218K $679K
2020 21 $237K $405K $947K
2021 20 $223K $432K $1.1M
2022 22 $223K $449K $1.3M
2023 21 $223K $445K $1.3M
2024 21 $201K $317K $1.6M
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