Overview
What is Minnesota Valley Electric Cooperative?
Minnesota Valley Electric Cooperative, based in Jordan, Minnesota, is a public utility committed to delivering electric services to its community members. As a vital organization, it strives to ensure a consistent power supply and enhance the quality of life for its members through the provision of essential electric services.
Official website here: www.mvec.net
Is Minnesota Valley Electric Cooperative legitimate?
Minnesota Valley Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Minnesota Valley Electric Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,180,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Minnesota Valley Electric Cooperative?
Minnesota Valley Electric Cooperative is committed to delivering electric service to its member base. Based in Jordan, Minnesota, this public utility prioritizes the provision of electricity to its community. The cooperative's mission revolves around ensuring a steady electric supply for its members, contributing to their daily lives and supporting their various needs. By focusing on electric service delivery, Minnesota Valley Electric Cooperative plays a crucial role in enhancing the quality of life for its members. This essential service is vital for powering homes, businesses, and essential infrastructure, allowing the community to thrive.
Official website here: www.mvec.net
Who is the CEO of Minnesota Valley Electric Cooperative?
Marvin Denzer is the Director of Minnesota Valley Electric Cooperative. The CEO's salary of Minnesota Valley Electric Cooperative is $328,254 and their total compensation is $445,725.
Official website here: www.mvec.net
What is the revenue of Minnesota Valley Electric Cooperative?
Minnesota Valley Electric Cooperative's revenue in 2022 was $112,862,188.
Official website here: www.mvec.net
Who are the executives of Minnesota Valley Electric Cooperative and what are their salaries?
The average compensation at Minnesota Valley Electric Cooperative during 2022 was $9,600. There are 123 employees at Minnesota Valley Electric Cooperative.
Here are 17 key members and their salaries (Minnesota Valley Electric Cooperative's CEO's salary is $328,254 and their total compensation is $445,725):
- Ryan Hentges (Ceo)
- Marvin Denzer (Coo/Vp Of Egineering & Operations)
- Joanne Kolb (Cfo)
- Michael Dietz (Operations Manager)
- Ryan Fedie (Vp Energy Services)
- Terri Bakken (Vp Member Services)
- Brandi Adelmann (Director Of Human Resources)
- Sarah Peterson (Engineering Manager)
- Brent Lawrence (President) [Trustee/Director]
- Michelle Morrison (Secretary/Treasurer) [Trustee/Director]
- Gary Haberman (Director)
- Frances Barten (Vice President) [Trustee/Director]
- James Connelly (Director)
- Thomas Wolf (Director)
- William Heinlein (Director)
- Kevin Gibbs (Director)
- Deborah Erickson (Director)
Official website here: www.mvec.net
Where can I find the form 990 for Minnesota Valley Electric Cooperative?
The Minnesota Valley Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mvec.net
Learn more at the official website: www.mvec.net
Mission Statement of Minnesota Valley Electric Cooperative
Minnesota Valley Electric Cooperative, a public utility organization, is dedicated to delivering electric services to its members. Based in Jordan, MN, this mission-driven cooperative focuses on ensuring access to reliable and effective electric power for its community. By providing electric service, Minnesota Valley Electric Cooperative plays a vital role in enhancing the quality of life and supporting the development of its members. Through its commitment to this essential service, the cooperative contributes to the progress and sustainability of the communities it serves.
Impact
This information is meant to be a general summary of Minnesota Valley Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Minnesota Valley Electric Cooperative's impact is significant as it provides essential electric service to its members, contributing to the functioning and development of the community. Its reliable electricity supply powers residential homes, businesses, and institutions in Jordan, MN, enhancing the quality of life and supporting economic activities in the region. By ensuring a steady supply of electricity, Minnesota Valley Electric Cooperative plays a crucial role in promoting sustainability and growth in its served areas, ultimately benefiting the local population and economy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSUMER ELECTRIC SALES
Revenue
$108,234,581
POLE RENTALS
Revenue
$35,080
Organization Details
Founding Year
1937
Phone
(952) 492-2313
Principal Officer
Marvin Denzer
Main Address
125 MINNESOTA VALLEY ELECTRIC DRIVE, JORDAN, MN, 55352
Website
www.mvec.net
NTEE Category
Code: W80 - Public benefit
If you are a representative of Minnesota Valley Electric Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.