1. Directory
  2. Minnesota
  3. Jordan
  4. Minnesota Valley Electric Cooperative
EIN 41-0419150

Minnesota Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
123
City
Jordan
State
Minnesota
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Minnesota Valley Electric Cooperative is a public utility located in Jordan, MN. Its mission is to provide electric service to members.
Total revenues
$112,862,188
2022
Total expenses
$109,796,025
2022
Total assets
$240,589,872
2022
Num. employees
123
2022

Program areas at Minnesota Valley Electric Cooperative

Provide Electric service to members

Personnel at Minnesota Valley Electric Cooperative

NameTitleCompensation
Marvin DenzerChief Executive Officer$226,062
Ryan HentgesChief Executive Officer / Assistant General Manager / Vice President Corporate Services$328,254
Joanne KolbVice President Finance / Chief Financial Officer$225,584
Gerald MareckVice President Finance$142,503
Terri BakkenVice President of Member Service / Vice President Member Services$150,879
...and 5 more key personnel

Financials for Minnesota Valley Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$108,269,661
Investment income and dividends$210,804
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$558,921
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-175,239
Miscellaneous revenues$3,998,041
Total revenues$112,862,188

Form 990s for Minnesota Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-15990View PDF
2020-122021-10-13990View PDF
2019-122021-06-08990View PDF
2018-122019-12-13990View PDF
...and 9 more Form 990s

Organizations like Minnesota Valley Electric Cooperative

OrganizationLocationRevenue
Eastern Iowa Light and Power CooperativeWilton, IA$66,377,154
Three Rivers Electric CooperativeLinn, MO$47,009,896
McKenzie Electric CooperativeWatford City, ND$401,082,882
Talquin Electric CooperativeQuincy, FL$155,209,914
Baldwin County Electric Membership CorporationSummerdale, AL$195,242,494
Newberry Electric CooperativeNewberry, SC$45,705,196
Wiregrass Electric CooperativeHartford, AL$56,969,794
Southern Pine Electric CooperativeBrewton, AL$57,265,989
Licking Rural ElectrificationNewark, OH$68,341,532
Wright-Hennepin Cooperative Electric AssociationRockford, MN$125,595,485
Data update history
January 21, 2024
Updated personnel
Identified 2 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
125 Minnesota Valley Electric Dr
Jordan, MN 55352
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Scott County, MN
Website URL
mvec.net/ 
Phone
(952) 492-2313
IRS details
EIN
41-0419150
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
Free account sign-up

Want updates when Minnesota Valley Electric Cooperative has new information, or want to find more organizations like Minnesota Valley Electric Cooperative?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy