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 2024.

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

Frequently Asked Questions

How large is Kandiyohi Power Cooperative?

As of 2024, Kandiyohi Power Cooperative holds $76.1M in total assets with $23.8M in annual revenue.

Where does Kandiyohi Power Cooperative operate?

Kandiyohi Power Cooperative has awarded grants in Minnesota.

What is Kandiyohi Power Cooperative's EIN?

Kandiyohi Power Cooperative's EIN (Employer Identification Number) is 41-0345595. IRS Form 990 filing data is available on this page for 2020–2024.

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

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