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NORVAL ELECTRIC COOPERATIVE INC

MT · Mutual Benefit · EIN 810215971

21
Executives Disclosed
$8.5M
Annual Revenue
$31.9M
Total Assets

NORVAL ELECTRIC COOPERATIVE INC has 21 executives with disclosed compensation. The highest-paid executive, Craig Herbert (General Manager), received peak total compensation of $141,655. 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
Craig Herbert General Manager $142K $0 2020–2022 1.9x
Nicholas Dulaney Line Superintendent $131K $0 2023–2024 1.7x
Cody Odom Foreman $119K $0 2023–2024 1.6x
Jayson Nelson Foreman $119K $0 2023–2024 1.6x
Nick Dulaney Line Superintendent $115K $0 2020–2022 1.5x
Doris Donaldson Office Manager $113K $0 2023–2023 1.5x
Jace Young Lineman $111K $0 2024–2024 1.5x
Ryan Bergtoll Lineman $110K $0 2024–2024 1.5x
Joseph Odom Foreman $102K $0 2023–2023 1.4x
Rick Stahl Director $9K $0 2022–2024 0.1x
Chris Christensen President $8K $0 2020–2024 0.1x
Rocky Kittleson Secretary/Treasurer $6K $0 2020–2024 0.1x
Sam Gundermann Director $6K $0 2020–2024 0.1x
Ronald Reddig Director $6K $0 2023–2024 0.1x
Richard Molvig Vice President $6K $0 2020–2024 0.1x
Ron Reddig President $4K $0 2020–2022 0.1x
Kevin Nelson Director $4K $0 2021–2024 0.1x
Gary Meyer Director $4K $0 2020–2021 0.1x
Kurt Breigenzer Secretary/Treasurer $3K $0 2020–2021 0x
Lee Risa Director $2K $0 2020–2021 0x
Brian Miller Director $1K $0 2024–2024 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2020 10 $0 $0 $0
2021 11 $0 $0 $0
2022 9 $0 $0 $0
2023 12 $0 $0 $0
2024 13 $0 $0 $0
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