Dakota Electric Association
Farmington, MN · EIN 41-0212180 · Rank 2,696 by total revenue
Electric distribution coop
Money, Form 990 for tax year 2024
- Total revenue
- $229,998,295
- Total expenses
- $229,656,385
- Total assets
- $421,668,479
- Salary base (all salaries and wages)
- $21,497,838
- Salaries, other pay and benefits
- $27,709,062
- Employees
- 218
- Salary base per employee
- $98,614
"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 (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Ryan Hentges | CEO | Officer | 40 | $577,201 |
| Corey Hintz | VP-FINANCIAL SERVICES/CFO | Officer | 40 | $354,209 |
| Michael Nelson | VP-INFORMATION SERVICES/CIO | Officer | 40 | $309,898 |
| Paul Bakken | CHAIR | Board, Officer | 25 | $46,020 |
| Gerald Pittman Jr | TREASURER/VICE CHAIR (BEG MAY) | Board, Officer | 16 | $35,400 |
| Terrence Donnelly | SECRETARY | Board, Officer | 16 | $35,400 |
| David Jones | DIRECTOR/TREASURER (BEG MAY) | Board, Officer | 20 | $35,400 |
| Betty Jo Kiesow | VP-ENGINEERING SERVICES | Key employee | 40 | $445,867 |
| Jeffrey Schoenecker | VP-UTILITY SERVICES | Key employee | 40 | $337,055 |
| Adam Heinen | VP-REGULATORY SERVICES | Key employee | 40 | $325,174 |
| Jonathon Beyer | VP-ENERGY & MEMBER SERVICES | Key employee | 40 | $322,543 |
| Trina Sandlie | VP-PEOPLE AND CULTURE | Key employee | 40 | $267,291 |
| Kenneth Danner | DIRECTOR | Board | 14 | $35,400 |
| John Jack Deyoe | DIRECTOR | Board | 22 | $35,400 |
| Cynthia Fields | DIRECTOR | Board | 3 | $35,400 |
| Jennifer Hoeft | DIRECTOR | Board | 10 | $35,400 |
| Stacy Miller | DIRECTOR | Board | 10 | $35,400 |
| Margaret Schreiner | DIRECTOR | Board | 19 | $35,400 |
| Clay Van De Bogart | VICE CHAIR/DIRECTOR (BEG MAY) | Board | 17 | $35,400 |
| Bill Middlecamp | DIRECTOR | Board | 16 | $29,500 |
Top 10 paid people listed
These 10 people received $3,493,202, which is 16.2% of the $21,497,838 salary base shared by 218 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Ryan Hentges | CEO | Officer | 40 | $490,774 | $0 | $86,427 | $577,201 |
| Betty Jo Kiesow | VP-ENGINEERING SERVICES | Key employee | 40 | $286,006 | $0 | $159,861 | $445,867 |
| Corey Hintz | VP-FINANCIAL SERVICES/CFO | Officer | 40 | $284,681 | $0 | $69,528 | $354,209 |
| Jeffrey Schoenecker | VP-UTILITY SERVICES | Key employee | 40 | $275,717 | $0 | $61,338 | $337,055 |
| Adam Heinen | VP-REGULATORY SERVICES | Key employee | 40 | $259,878 | $0 | $65,296 | $325,174 |
| Jonathon Beyer | VP-ENERGY & MEMBER SERVICES | Key employee | 40 | $258,780 | $0 | $63,763 | $322,543 |
| Michael Nelson | VP-INFORMATION SERVICES/CIO | Officer | 40 | $278,385 | $0 | $31,513 | $309,898 |
| John Thurmes | CONTROL CENTER MANAGER | Highly paid employee | 40 | $191,604 | $0 | $86,354 | $277,958 |
| Carla Henke | CORPORATE CONTROLLER | Highly paid employee | 40 | $178,806 | $0 | $93,338 | $272,144 |
| Grant Baumberger | FACILITIES & TECH SERV MGR | Highly paid employee | 40 | $184,820 | $0 | $86,333 | $271,153 |
Sources
- IRS e-file return 202532889349302523 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 41-0212180
- Organization website (as filed): www.dakotaelectric.com