1. Directory
  2. North Dakota
  3. Grand Forks
  4. Minnkota Power Cooperative
EIN 45-0166406

Minnkota Power Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
418
City
Grand Forks
State
North Dakota
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Minnkota Power Cooperative is a rural electric cooperative that generates and transmits electric power for our eleven member cooperatives. Minnkota Power is a rural electric cooperative that generates and transmits electric power.
Total revenues
$451,623,057
2022
Total expenses
$432,708,147
2022
Total assets
$1,158,057,527
2022
Num. employees
418
2022

Program areas at Minnkota Power Cooperative

Minnkota Power is a rural electric cooperative that generates and transmits electric power.

Personnel at Minnkota Power Cooperative

NameTitleCompensation
Robert McLennanPresident and Chief Executive Officer$986,822
Lowell StaveVice President and Chief Operating Officer$376,329
Kay SchraederVice President and Chief Financial Officer$285,877
Jami HovetVice President of Administration$290,622
Andrew SorboVice President Strategic Initiatives$206,250
...and 14 more key personnel

Financials for Minnkota Power Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$447,046,055
Investment income and dividends$1,262,529
Tax-exempt bond proceeds$0
Royalty revenue$1,350,000
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,964,473
Total revenues$451,623,057

Form 990s for Minnkota Power Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-03990View PDF
2021-122022-04-29990View PDF
2020-122021-05-03990View PDF
2019-122020-09-10990View PDF
2018-122019-06-19990View PDF
...and 8 more Form 990s

Organizations like Minnkota Power Cooperative

OrganizationLocationRevenue
Lee County Electric Cooperative (LCEC)North Fort Myers, FL$626,227,197
Singing River Electric CooperativeLucedale, MS$174,969,099
Clay Electric CooperativeKeystone Heights, FL$477,827,474
Kauai Island Utility CooperativeLihue, HI$175,641,835
McKenzie Electric CooperativeWatford City, ND$401,082,882
Sam Houston Electric CooperativeLivingston, TX$249,325,395
Washington-St Tammany Electric Cooperative 1570Franklinton, LA$117,802,311
Chugach Electric AssociationAnchorage, AK$355,155,073
PNGC Power (PNGC)Clackamas, OR$178,732,216
Snapping Shoals EMCCovington, GA$249,582,310
Data update history
April 6, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 2 new vendors, including , and
July 9, 2023
Used new vendors
Identified 13 new vendors, including , , , , , , , , , , , , and
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
5301 32nd Ave South
Grand Forks, ND 58201
Metro area
Grand Forks, ND-MN
County
Grand Forks County, ND
Website URL
minnkota.com/ 
Phone
(701) 795-4000
IRS details
EIN
45-0166406
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
Free account sign-up

Want updates when Minnkota Power Cooperative has new information, or want to find more organizations like Minnkota Power Cooperative?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy