Central Power Electric Coop Inc
Minot, ND · EIN 45-0226179 · Rank 2,956 by total revenue
Providing wholesale all-requirements electric service to our six member rural electric cooperatives in North Dakota.
Money, Form 990 for tax year 2025
- Total revenue
- $204,731,346
- Total expenses
- $193,355,577
- Total assets
- $537,543,464
- Salary base (all salaries and wages)
- $0
- Salaries, other pay and benefits
- $0
- Employees
- 66
"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 (10)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Thomas Meland | General Manager | Officer | 40 | $989,835 |
| Michael Kossan | CFO Manager of Accounting and Finance | Officer | 40 | $438,711 |
| Mark Sherman | Manager of Operations and Engineering | Key employee | 40 | $466,973 |
| Jean Brandt | Vice President | Board | 4 | $23,100 |
| David Charles | Director | Board | 4 | $22,300 |
| Mark Brehm | President | Board | 7 | $22,000 |
| Troy Presser | Director | Board | 4 | $13,900 |
| Robert Wolf | Secretary Treasurer | Board | 4 | $13,500 |
| Kim Rasmussen | Director | Board | 4 | $13,200 |
| Clint Gjellstad | Director | Board | 4 | $1,200 |
Top 10 paid people listed
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Thomas Meland | General Manager | Officer | 40 | $846,596 | $0 | $143,239 | $989,835 |
| Mark Sherman | Manager of Operations and Engineering | Key employee | 40 | $330,236 | $0 | $136,737 | $466,973 |
| Michael Kossan | CFO Manager of Accounting and Finance | Officer | 40 | $308,770 | $0 | $129,941 | $438,711 |
| Ryan Callahan | Chief Transmission Engineer | Highly paid employee | 40 | $217,978 | $0 | $100,081 | $318,059 |
| Todd Ahmann | Network Administrator | Highly paid employee | 40 | $203,102 | $0 | $94,753 | $297,855 |
| Kenneth Haugen | Operations Superintendent | Highly paid employee | 40 | $198,974 | $0 | $92,649 | $291,623 |
| Dennis Olson | Chief Substation Engineer | Highly paid employee | 40 | $216,057 | $0 | $69,304 | $285,361 |
| Randy Brunner | Substation Engineer | Highly paid employee | 40 | $191,706 | $0 | $92,490 | $284,196 |
| Jean Brandt | Vice President | Board | 4 | $23,100 | $0 | $0 | $23,100 |
| David Charles | Director | Board | 4 | $22,300 | $0 | $0 | $22,300 |
Sources
- IRS e-file return 202621179349300302 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 45-0226179