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CAPITAL ELECTRIC COOPERATIVE INC

ND · EIN 450217628

37
Executives Disclosed
$47.5M
Annual Revenue
$158.2M
Total Assets
2.2:1
Internal Pay Ratio

CAPITAL ELECTRIC COOPERATIVE INC has 37 executives with disclosed compensation. The highest-paid executive, Paul Fitterer (GENERAL MANAGER), received peak total compensation of $469,499.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Paul Fitterer GENERAL MANAGER $469K $371K 2016–2024 6.3x
Luke Steen BUSINESS MANAGER $213K $214K 2016–2024 2.8x
Ron Lipp Manager of Engineering & Operations (thru 04/18/19) $184K $66K 2016–2019 2.5x
Rick Dressler OPERATIONS MANAGER $184K $184K 2016–2023 2.5x
Steven Kuball LEAD LINEWORKER $177K $178K 2021–2024 2.4x
Gregory Owen ENGINEERING MANAGER $174K $175K 2020–2024 2.3x
Ordean 'lars' Nygren General Manager (retired 4-1-16) $169K $170K 2016–2016 2.3x
Matt Hagen LEAD LINEWORKER $166K $167K 2019–2024 2.2x
Seth Lothspeich LEAD LINEMAN $165K $165K 2021–2021 2.2x
Joshua Schaffner MANAGER OF ENERGY SERVICES $160K $161K 2024–2024 2.1x
Doug Mork Member Services Director (retired 2-2-2017) $154K $18K 2016–2017 2.1x
Jesse Goehring LEAD LINEWORKER $147K $0 2018–2024 2x
Braden Martin JOURNEYMAN LINEWORKER $140K $0 2023–2023 1.9x
Lance Diebold Journeyman Lineman $133K $133K 2018–2018 1.8x
Hunter Babeck JOURNEYMAN LINEWORKER $124K $0 2022–2022 1.7x
Greg Owen Engineering Manager (starting 04/01/19) $81K $97K 2019–2019 1.1x
Deon Vilhauer PRESIDENT $23K $0 2016–2024 0.3x
Kyle Tschosik SECRETARY-TREASURER $15K $0 2020–2024 0.2x
Lyndon Anderson ASSISTANT SECRETARY/TREASURER $13K $0 2022–2024 0.2x
David Charles VICE PRESIDENT $13K $0 2017–2024 0.2x
David Straley SECRETARY-TREASURER $12K $0 2020–2023 0.2x
Dwight Wrangham DIRECTOR $12K $0 2016–2024 0.2x
Sara Vollmer DIRECTOR $12K $0 2022–2024 0.2x
Arlene Olson DIRECTOR (LEFT IN JUNE) $10K $0 2016–2022 0.1x
Kyle Hilken DIRECTOR (LEFT IN JUNE) $9K $0 2016–2022 0.1x
Bret Weiland DIRECTOR $9K $0 2023–2024 0.1x
Sheri Haugen-Hoffart PAST PRESIDENT (LEFT IN JANUARY) $9K $0 2016–2022 0.1x
Kayla Pulvermacher DIRECTOR $9K $0 2022–2024 0.1x
Richard Koski President $8K $0 2016–2019 0.1x
Rex Hollenbeck DIRECTOR (THROUGH JUNE 2024) $8K $0 2016–2024 0.1x
William Patrie Director $8K $0 2016–2019 0.1x
Rodney Eckroth Asst. Secretary/Treasurer (through 6-6-2017) $6K $0 2016–2017 0.1x
Richard Koski Through 102020 DIRECTOR $5K $0 2020–2020 0.1x
Greg Dehne DIRECTOR (STARTED JUNE 2024) $5K $0 2024–2024 0.1x
William Patrie Through 102020 DIRECTOR $4K $0 2020–2020 0.1x
David Liuska Secretary/Treasurer through 6-1-16 $4K $0 2016–2016 0.1x
Josh Kramer Director through 7-1-16 $2K $0 2016–2016 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 17 $156K $212K $936K
2017 15 $154K $297K $772K
2018 15 $178K $331K $1.1M
2019 16 $153K $344K $1.1M
2020 15 $243K $397K $730K
2021 16 $222K $469K $1.3M
2022 19 $226K $399K $1.1M
2023 17 $215K $365K $1.1M
2024 17 $211K $371K $1.3M
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