Kandiyohi Power Cooperative logo

Kandiyohi Power Cooperative

SPICER, MN EIN: 41-0345595 Website

TO PROVIDE ELECTRIC DISTRIBUTION AND OTHER RELATED SERVICES TO ITS 9,049 MEMBERS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$76.1M

+1.6% YoY

Revenue

$23.8M

-2.5% YoY

Net Investment Income

$96K

-13.2% YoY

Expenses

$23.8M

-1.7% YoY

About Kandiyohi Power Cooperative

Based on IRS filings

Kandiyohi Power Cooperative is a nonprofit organization, based in SPICER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $76.1M in total assets. Net investment income was $96K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

WILLMAR

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$27M20202021202220232024
Metric202420232022
Total Assets$76,130,838$74,936,440$73,609,035
Revenue$23,791,639$24,404,256$22,281,330
Expenses$23,754,534$24,168,407$22,081,711
Qualifying Distributions
Net Investment Income$95,501$110,019$93,995
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$9K$14K$19K0 grants20201 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Kandiyohi Power Cooperative

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RYAN NELSONCEO$223KPATRICK KRUEGERCFO$164KCASEY JENNYJOURNEYMAN LINE TECH IN-CHARGE$131KMICHAEL MARCUSJOURNEYMAN LINE TECH IN-CHARGE$127KBRENT HATLESTADLINE SUPERINTENDENT$124KDUSTIN WELZJOURNEYMAN LINE TECH IN-CHARGE$121KTROY MEADLINE FOREMAN$117KDALE ANDERSONCHAIR$10KLARRY POWERSDIRECTOR$9KSTANLEY WUBBENSECRETARY$9KTODD POSTVICE CHAIR$9KKELLY ERICKSONDIRECTOR$9KROLLO CAMPEDIRECTOR$8KDARRELL FOSTERVOLDDIRECTOR$8KDIANE HELGESONDIRECTOR$8KDAN POMRANKEDIRECTOR$7K

From 2024 filing

NameTitleHoursCompensation
DALE ANDERSONCHAIR10.85$9,530
LARRY POWERSDIRECTOR6.76$9,455
STANLEY WUBBENSECRETARY6.81$9,180
TODD POSTVICE CHAIR7.52$9,055
KELLY ERICKSONDIRECTOR7.29$8,955
ROLLO CAMPEDIRECTOR3.65$8,205
DARRELL FOSTERVOLDDIRECTOR7.37$8,080
DIANE HELGESONDIRECTOR5.53$8,080
DAN POMRANKEDIRECTOR4.96$7,455
RYAN NELSONCEO40$223,437
PATRICK KRUEGERCFO40$164,449
CASEY JENNYJOURNEYMAN LINE TECH IN-CHARGE45.11$131,025
MICHAEL MARCUSJOURNEYMAN LINE TECH IN-CHARGE44.74$127,157
DUSTIN WELZJOURNEYMAN LINE TECH IN-CHARGE43.11$120,731
TROY MEADLINE FOREMAN41.93$116,913
BRENT HATLESTADLINE SUPERINTENDENT40$124,418

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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