Connexus Energy
Ramsey, MN · EIN 41-0128105 · Rank 2,466 by total revenue
Providing utility services to members.
Money, Form 990 for tax year 2024
- Total revenue
- $258,953,092
- Total expenses
- $258,953,092
- Total assets
- $493,777,555
- Salary base (all salaries and wages)
- $23,520,208
- Salaries, other pay and benefits
- $30,852,880
- Employees
- 261
- Salary base per employee
- $90,116
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (18)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Greg Ridderbusch | PRESIDENT/CEO UNTIL 03/2024 | Officer | 50 | $557,796 |
| Yan Paul Martinez | VP/CFO | Officer | 50 | $512,051 |
| Brian Burandt | PRESIDENT/CEO | Officer | 50 | $478,400 |
| Nick Loehlein | VP ELECTRIC OPERATIONS | Officer | 45 | $388,156 |
| Linda Maegi | VP EMPLOYEE SERVICES | Officer | 50 | $386,838 |
| Mark Koplin | VP TECHNOLOGY | Officer | 45 | $383,859 |
| Sidney Jackson | PRESIDENT AND CEO 03/2024-06/2024 | Officer | 50 | $320,080 |
| Alison Miles | VP MEMBER SERVICES | Officer | 47 | $303,462 |
| Fran Bator | CHAIR | Board, Officer | 25 | $60,510 |
| Shelly Peterson | SECRETARY/TREASURER | Board, Officer | 10 | $49,423 |
| Mike Thews | ASST. SECRETARY/TREASURER | Board, Officer | 14 | $49,223 |
| Mark Ethen | VICE CHAIR | Board, Officer | 14 | $49,183 |
| Richard Braastad | DIRECTOR | Board | 9 | $49,183 |
| Angela Ronayne | DIRECTOR FROM 04/2024 | Board | 7 | $32,789 |
| Joseph Gruenes | DIRECTOR FROM 04/2024 | Board | 10 | $32,789 |
| Sam Villella | DIRECTOR FROM 04/2024 | Board | 10 | $32,789 |
| Kenneth Fiereck | DIRECTOR UNTIL 04/2024 | Board | 14 | $16,394 |
| Gordon Westerlind | DIRECTOR UNTIL 04/2024 | Board | 12 | $16,394 |
Top 10 paid people listed
These 10 people received $3,909,421, which is 16.6% of the $23,520,208 salary base shared by 261 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Greg Ridderbusch | PRESIDENT/CEO UNTIL 03/2024 | Officer | 50 | $518,420 | $0 | $39,376 | $557,796 |
| Yan Paul Martinez | VP/CFO | Officer | 50 | $439,202 | $0 | $72,849 | $512,051 |
| Brian Burandt | PRESIDENT/CEO | Officer | 50 | $407,389 | $0 | $71,011 | $478,400 |
| Nick Loehlein | VP ELECTRIC OPERATIONS | Officer | 45 | $291,669 | $0 | $96,487 | $388,156 |
| Linda Maegi | VP EMPLOYEE SERVICES | Officer | 50 | $289,918 | $0 | $96,920 | $386,838 |
| Mark Koplin | VP TECHNOLOGY | Officer | 45 | $295,622 | $0 | $88,237 | $383,859 |
| Sidney Jackson | PRESIDENT AND CEO 03/2024-06/2024 | Officer | 50 | $303,905 | $0 | $16,175 | $320,080 |
| Alison Miles | VP MEMBER SERVICES | Officer | 47 | $241,483 | $0 | $61,979 | $303,462 |
| Scott Johnson | CREW LEAD | Highly paid employee | 62 | $233,198 | $0 | $65,892 | $299,090 |
| Jared Newton | DIRECTOR, ENGINEERING & SYSTEM OPS | Highly paid employee | 50 | $216,174 | $0 | $63,515 | $279,689 |
Sources
- IRS e-file return 202532629349300628 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 41-0128105
- Organization website (as filed): www.connexusenergy.com