Skip to content
Nonprofiteer
← WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION

Form 990 for tax year 2022

Filed by WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION.

Totals

Total revenue
$125,595,485
Total expenses
$120,136,621
Contributions and grants received
$0
Grants paid
$5,000
Program service revenue
$120,914,322
Investment income
$149,990
Other revenue
$4,531,173
Total assets, end of year
$243,904,716
Total liabilities, end of year
$141,892,516
Net assets or fund balances, end of year
$102,012,200
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • ERICK HEINZ

    CHAIR

    Total calculated
    $44,100
    From this org
    $36,309
    From related orgs
    $7,791
    Other
    $0
    Hours/week
    10.4 + 2.2 related

  • TIMOTHY YOUNG

    VICE CHAIR

    Total calculated
    $39,950
    From this org
    $29,026
    From related orgs
    $10,924
    Other
    $0
    Hours/week
    5.6 + 2.1 related

  • MICHAEL TIEVA

    SECRETARY-TREASURER

    Total calculated
    $37,425
    From this org
    $29,823
    From related orgs
    $7,602
    Other
    $0
    Hours/week
    8.2 + 2.1 related

  • PAT BAKEBERG

    DIRECTOR

    Total calculated
    $37,000
    From this org
    $27,750
    From related orgs
    $9,250
    Other
    $0
    Hours/week
    6 + 2 related

  • KENNETH HIEBEL

    DIRECTOR

    Total calculated
    $33,700
    From this org
    $24,326
    From related orgs
    $9,374
    Other
    $0
    Hours/week
    4.1 + 1.6 related

  • CHRIS LANTTO

    DIRECTOR

    Total calculated
    $38,400
    From this org
    $28,800
    From related orgs
    $9,600
    Other
    $0
    Hours/week
    9 + 3 related

  • DUANE BUTCH LINDENFELSER

    DIRECTOR

    Total calculated
    $37,100
    From this org
    $19,526
    From related orgs
    $17,574
    Other
    $0
    Hours/week
    10 + 9 related

  • JOHN REYNOLDS

    DIRECTOR

    Total calculated
    $34,450
    From this org
    $22,722
    From related orgs
    $11,728
    Other
    $0
    Hours/week
    3.1 + 1.6 related

  • MARK SKINNER

    DIRECTOR (BEG 05/2022)

    Total calculated
    $24,350
    From this org
    $18,198
    From related orgs
    $6,152
    Other
    $0
    Hours/week
    4.9 + 1.7 related

  • DAVID SILVER

    DIRECTOR (END 04/2022)

    Total calculated
    $14,250
    From this org
    $9,088
    From related orgs
    $5,162
    Other
    $0
    Hours/week
    4.6 + 2.6 related

  • TIMOTHY SULLIVAN

    PRESIDENT & CEO

    Total calculated
    $522,335
    From this org
    $388,411
    From related orgs
    $33,775
    Other
    $100,149
    Hours/week
    41.4 + 3.6 related

    Schedule J breakdown matched by us

    Base
    $309,765 + $26,936 related
    Bonus
    $74,520 + $6,480 related
    Other
    $4,126 + $359 related
    Deferred
    $66,042 + $5,743 related
    Nontaxable benefits
    $28,520 + $2,480 related
    Filer's total
    $482,973 + $41,998 related

  • BRIAN SWANSON

    CFO

    Total calculated
    $350,550
    From this org
    $173,628
    From related orgs
    $115,752
    Other
    $61,170
    Hours/week
    27 + 18 related

    Schedule J breakdown matched by us

    Base
    $142,465 + $94,977 related
    Bonus
    $30,720 + $20,480 related
    Other
    $443 + $295 related
    Deferred
    $31,699 + $21,133 related
    Nontaxable benefits
    $6,371 + $4,248 related
    Filer's total
    $211,698 + $141,133 related

  • ROBERT SANDBERG

    VP OF POWER SUPPLY

    Total calculated
    $331,947
    From this org
    $254,292
    From related orgs
    $0
    Other
    $77,655
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $215,237
    Bonus
    $37,700
    Other
    $1,355
    Deferred
    $53,117
    Nontaxable benefits
    $26,766
    Filer's total
    $334,175

  • JENNIFER SEVERSON

    VP OF HUMAN RESOURCES

    Total calculated
    $251,116
    From this org
    $159,118
    From related orgs
    $45,462
    Other
    $46,536
    Hours/week
    35 + 10 related

    Schedule J breakdown matched by us

    Base
    $131,866 + $37,676 related
    Bonus
    $26,989 + $7,711 related
    Other
    $263 + $75 related
    Deferred
    $25,976 + $7,422 related
    Nontaxable benefits
    $11,564 + $3,304 related
    Filer's total
    $196,658 + $56,188 related

  • LEE NORDBY

    OPERATIONS DIRECTOR

    Total calculated
    $252,436
    From this org
    $193,463
    From related orgs
    $0
    Other
    $58,973
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $175,659
    Bonus
    $16,800
    Other
    $1,004
    Deferred
    $36,402
    Nontaxable benefits
    $24,347
    Filer's total
    $254,212

  • CURTIS CORDT

    ENGINEERING DIRECTOR

    Total calculated
    $254,469
    From this org
    $187,200
    From related orgs
    $0
    Other
    $67,269
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $168,324
    Bonus
    $16,650
    Other
    $2,226
    Deferred
    $35,550
    Nontaxable benefits
    $33,838
    Filer's total
    $256,588

  • ANTHONY HEID

    VP OF IT (END 05/2022)

    Total calculated
    $369,795
    From this org
    $261,690
    From related orgs
    $74,769
    Other
    $33,336
    Hours/week
    35 + 10 related

    Schedule J breakdown matched by us

    Base
    $73,275 + $20,936 related
    Bonus
    $187,492 + $53,569 related
    Other
    $923 + $264 related
    Deferred
    $14,829 + $4,237 related
    Nontaxable benefits
    $11,677 + $3,336 related
    Filer's total
    $288,196 + $82,342 related

  • SCOTT GEAREY

    LINE CREW FOREMAN

    Total calculated
    $228,052
    From this org
    $182,898
    From related orgs
    $0
    Other
    $45,154
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $174,910
    Bonus
    $1,313
    Other
    $6,675
    Deferred
    $17,635
    Nontaxable benefits
    $29,955
    Filer's total
    $230,488

  • KEITH BURANDT

    LINE CREW FOREMAN

    Total calculated
    $217,349
    From this org
    $173,364
    From related orgs
    $0
    Other
    $43,985
    Hours/week
    51

    Schedule J breakdown matched by us

    Base
    $167,519
    Bonus
    $1,313
    Other
    $4,532
    Deferred
    $16,874
    Nontaxable benefits
    $29,547
    Filer's total
    $219,785

  • MICHAEL KRONQUIST

    LINE CREW FOREMAN

    Total calculated
    $182,139
    From this org
    $166,942
    From related orgs
    $0
    Other
    $15,197
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $159,121
    Bonus
    $1,313
    Other
    $6,508
    Deferred
    $15,197
    Nontaxable benefits
    $2,369
    Filer's total
    $184,508

  • LARS ERICKSON

    RELIEF CREW FOREMAN

    Total calculated
    $211,394
    From this org
    $165,867
    From related orgs
    $0
    Other
    $45,527
    Hours/week
    51

    Schedule J breakdown matched by us

    Base
    $159,658
    Bonus
    $1,313
    Other
    $4,896
    Deferred
    $16,384
    Nontaxable benefits
    $31,512
    Filer's total
    $213,763

  • JONATHAN LEE

    LEAD LINE CREW FOREMAN

    Total calculated
    $182,433
    From this org
    $163,595
    From related orgs
    $0
    Other
    $18,838
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $156,731
    Bonus
    $2,000
    Other
    $4,864
    Deferred
    $15,709
    Nontaxable benefits
    $5,766
    Filer's total
    $185,070

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4B
THE COOPERATIVE SPONSORS TWO UNFUNDED NONQUALIFIED DEFERRED COMPENSATION PLANS. UNDER THE FIRST PLAN, ONLY EMPLOYEES WHO MEET CERTAIN ELIGIBILITY REQUIREMENTS ARE ALLOWED TO PARTICIPATE. UNDER THIS PLAN, AN ANNUAL DISCRETIONARY CONTRIBUTION IS APPROVED BY THE BOARD OF DIRECTORS WITH INDIVIDUAL DISTRIBUTION AMOUNTS DETERMINED BY THE CEO. PARTICIPATING EMPLOYEES WILL BE FULLY VESTED IN THE AWARDED AMOUNTS ONLY UPON MEETING ALL VESTING REQUIREMENTS AS DEFINED IN THE PLAN AGREEMENT. SCHEDULE J, PART II COLUMN (C) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 457(F) PLAN AS FOLLOWS: CURTIS CORDT $20,802 LEE NORDBY $21,396 ROBERT SANDBERG $24,804 JENNIFER SEVERSON $19,467 BRIAN SWANSON $27,050 UNDER THE SECOND PLAN, A FIXED AWARD HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. ADDITIONAL AWARDS WILL BE MADE ANNUALLY TO THIS PLAN BASED ON AN EARNING FORMULA AND INDEX AS DEFINED IN THE PLAN AGREEMENT. VESTING REQUIREMENTS, AS DEFINED IN THE PLAN AGREEMENT, MUST BE MET BEFORE A PARTICIPANT IS ELIGIBLE TO RECEIVE ANY COMPENSATION UNDER THIS PLAN. SCHEDULE J, PART II COLUMN (C) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 475(F) PLAN AS FOLLOWS: TIMOTHY SULLIVAN $35,660
SCHEDULE J, PART II
SCHEDULE J, PART II, COLUMN B(I) BASE COMPENSATION IS EQUAL TO MEDICARE WAGES EXCLUDING THE FOLLOWING COMPENSATION COMPONENTS, IF APPLICABLE: - BONUS - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE TAXABLE BENEFIT AMOUNT *MEDICARE WAGES (W2 BOX 5) - MEDICARE WAGES DEFINED AS GROSS WAGES LESS: - EMPLOYEE HSA CONTRIBUTION - ALL EMPLOYEE PAID MEDICAL PREMIUMS (HEALTH, DENTAL, VISION) SCHEDULE J, PART II, COLUMN B(II) BONUS & INCENTIVE COMPENSATION - THIS IS BONUS PAID OUT IN THE 990 CALENDAR YEAR, FOR WH, BONUS PAID IN THE CURRENT YEAR IS FOR THE PREVIOUS YEAR PERFORMANCE. SCHEDULE J, PART II, COLUMN B(III) OTHER REPORTABLE COMPENSATION - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE-TAXABLE BENEFIT AMOUNT SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION - EMPLOYER 401K CONTRIBUTION - DISCRETIONARY CONTRIBUTIONS TO DEFINED CONTRIBUTION PLAN - DEFERRED COMPENSATION ALLOCATION (NOT SUBSTANTIALLY VESTED) - EMPLOYER CONTRIBUTIONS TO 457(B) PLAN - EMPLOYER DISCRETIONARY ALLOCATIONS TO 457(F) PLAN SCHEDULE J, PART II, COLUMN D NONTAXABLE BENEFITS - INSURANCE PREMIUMS PAID BY THE EMPLOYER THAT ARE NONTAXABLE - HEALTH, VISION, DENTAL, LIFE, LONG-TERM DISABILITY AND LONG-TERM CARE - CAFETERIA PLANS (NON-TAXABLE) - ALL EMPLOYEE PAID PRETAX INSURANCE PREMIUMS (HEALTH, DENTAL, VISION)

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • WRIGHT-HENNEPIN ELECTRIC TRUST

    501(C)(3) · PROVIDES A FUNDING SOURCE FOR OTHER NON-PROFIT ORGANIZATIONS · MN · controlled entity

    Directly controlled by WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WH GENERATION LLC

    BACK UP POWER SOLUTIONS · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

  • WH SERVICES LLC

    ELECTRICAL, PLUMBING, HEATING AND COLLING INSTALLATION AND REPAIRS · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

  • WH SECURITY LLC

    INSTALLS, SERVICES AND MONITORS HOME AND COMMERCIAL SECURITY SYSTEMS · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

  • WH INTERNATIONAL RESPONSE CENTER LLC

    SECURITY SYSTEM ALARM MONITORING FACILITY · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

  • WH HOLDING INVESTMENTS LLC

    INVESTMENT HOLDING COMPANY · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

  • WH SOLAR LLC

    PRODUCES SOLAR POWER; DESIGNS, CONSTRUCTS, AND OPERATES SOLAR ARRAYS · MN

    Directly controlled by WRIGHT HENNEPIN HOLDING COMPANY

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • HEARTLAND SERVICES LLC

    UNRELATED · ENGINEERING · MN · 50% owned · general or managing partner

    Directly controlled by WRIGHT-HENNEPIN HOLDING COMPANY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WRIGHT-HENNEPIN HOLDING COMPANY

    C · SEE SCHEDULE R, PART VII FOR DESCRIPTION OF PRIMARY ACTIVITY. · MN · 100% owned · share of income $445,403 · share of assets $20,683,858 · controlled entity

    Directly controlled by WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION

Provenance

Return type
form_990
Tax year
2022
Filed
31 July 2023
IRS schema version
2022v5.0
Source object
202322509349301357

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.