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DAKOTA VALLEY ELECTRIC COOPERATIVE INC

ND · Mutual Benefit · EIN 450454206

34
Executives Disclosed
$61.0M
Annual Revenue
$179.7M
Total Assets
2.2:1
Internal Pay Ratio

DAKOTA VALLEY ELECTRIC COOPERATIVE INC has 34 executives with disclosed compensation. The highest-paid executive, Mark Kinzler (General Manager), received peak total compensation of $382,457. The sector average for Mutual Benefit executives is $194K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Mark Kinzler General Manager $382K $387K 2018–2024 5.1x
Bruce Garber General Manager (Jan-Aug) $382K $382K 2016–2018 5.1x
Kelly Wald Business Manager $296K $299K 2016–2024 3.9x
Jon Coleman Edgeley Line Foreman $227K $171K 2017–2024 3x
Monty Zimmer Oakes Line Foreman $208K $176K 2018–2024 2.8x
Trevor Intveld Wahpeton Line Foreman $202K $205K 2019–2024 2.7x
Brandon Giesler Manager of Engineering & IT $188K $190K 2021–2024 2.5x
Grant Baker Gackle Line Foreman $186K $173K 2018–2023 2.5x
Bradley Lunneborg Operations Manager $185K $188K 2020–2024 2.5x
Brad Lunneborg Operations Manager $172K $174K 2023–2023 2.3x
Cory Koenig Journeyman Lineman $163K $165K 2022–2022 2.2x
John Schwalk Journeyman Lineman $157K $159K 2022–2022 2.1x
Craig Rysavy Operations Manager $152K $154K 2016–2018 2x
John Krump Hankinson Line Foreman $141K $0 2018–2021 1.9x
Kristin Syverson Business Manager (As of 10/24) $40K $0 2024–2024 0.5x
Connie Bitz Secretary $27K $0 2016–2024 0.4x
Richard Schlosser President (Jan-Jun) $18K $0 2016–2020 0.2x
David Paulson Director $18K $0 2016–2024 0.2x
Kim Rasmussen President $17K $0 2016–2024 0.2x
Arden Fuher Director $17K $0 2016–2024 0.2x
Patricia Gehlhar Vice President $16K $0 2020–2024 0.2x
Richard Johnson -Director (Jan-Jun)/Treasurer (Jun-Dec) $16K $0 2019–2019 0.2x
Neil Olerud Director $15K $0 2017–2024 0.2x
Richard Johnson Director (Until March) $15K $0 2016–2022 0.2x
Blaine Lundgren Director (Until March) $14K $0 2016–2022 0.2x
Bruce Bosse Treasurer $14K $0 2022–2024 0.2x
Arden Fuher - Vp Jan-Jun President (Jun-Dec) $13K $0 2020–2020 0.2x
Kim Rasmussen -Director Jan- Jun)/ Vice President (Jun-Dec) $13K $0 2020–2020 0.2x
Blaine Lundgren - Treasurer (Jan-Jun)/Director (Jun-Dec) $13K $0 2019–2019 0.2x
Jeremy Nitschke Director $13K $0 2022–2024 0.2x
John Hauschild Treasurer (Jan-Jun) $12K $0 2016–2018 0.2x
Mike Hauschild Vice President (Until 6/24) $12K $0 2018–2024 0.2x
Paul Dimmer Director (As of Jun 24) $9K $0 2024–2024 0.1x
Matthew Thompson Director $1K $0 2016–2016 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 12 $243K $322K $487K
2017 13 $242K $339K $726K
2018 18 $230K $382K $1.2M
2019 16 $216K $272K $1.1M
2020 17 $235K $303K $1.2M
2021 16 $216K $338K $1.3M
2022 18 $213K $356K $1.5M
2023 16 $216K $365K $1.5M
2024 18 $231K $387K $1.6M
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