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EIN 41-0419150

Minnesota Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
115
City
Jordan
State
Minnesota
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Minnesota Valley Electric Cooperative is a public utility located in Jordan, MN. Its mission is to provide electric service to members.
Total revenues
$108,564,734
2023
Total expenses
$107,152,255
2023
Total assets
$250,122,932
2023
Num. employees
115
2023

Program areas at Minnesota Valley Electric Cooperative

Provide Electric service to members

Personnel at Minnesota Valley Electric Cooperative

NameTitleCompensation
Marvin DenzerChief Executive Officer$226,062
Ryan HentgesChief Executive Officer / Assistant General Manager / Vice President Corporate Services$328,254
Joanne KolbVice President Finance / Chief Financial Officer$225,584
Mike DietzVice President of Operations
Randy ErdmanVice President of Finance
...and 6 more key personnel

Financials for Minnesota Valley Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$104,216,799
Investment income and dividends$273,039
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$435,960
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-239,051
Miscellaneous revenues$3,877,987
Total revenues$108,564,734

Form 990s for Minnesota Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-02990View PDF
2021-122022-11-15990View PDF
2020-122021-10-13990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like Minnesota Valley Electric Cooperative

OrganizationLocationRevenue
Escambia River Electric Cooperative (EREC)Jay, FL$31,915,839
Butler County Rural Electric CooperativeAllison, IA$34,257,753
Laclede Electric CooperativeLebanon, MO$74,741,807
Lake Country PowerCohasset, MN$110,408,177
Homer Electric AssociationHomer, AK$109,015,250
Eastern Iowa Light and Power CooperativeWilton, IA$68,261,552
Three Rivers Electric CooperativeLinn, MO$48,189,109
Suwannee Valley Electric CooperativeLive Oak, FL$76,170,256
Southern Pine Electric CooperativeBrewton, AL$60,293,022
Newberry Electric CooperativeNewberry, SC$48,559,358
Data update history
October 3, 2024
Updated personnel
Identified 7 new personnel
January 21, 2024
Updated personnel
Identified 2 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
125 Minnesota Valley Electric Dr
Jordan, MN 55352
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Scott County, MN
Website URL
mvec.net/ 
Phone
(952) 492-2313
IRS details
EIN
41-0419150
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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
Central organization
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