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MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION

EIN 41-0419129 MONTEVIDEO, MN

Revenue 2025
$29,138,552
Expenses 2025
$29,291,825

As filed

Subsection
12
Classification
4000
Street
PO BOX 248

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • MARK PETERSON

    SECRETARY

    Total calculated
    $19,200
    From this org
    $19,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • TIMOTHY VELDE

    DIRECTOR

    Total calculated
    $18,960
    From this org
    $18,960
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • GARY GROOTHUIS

    TREASURER

    Total calculated
    $18,720
    From this org
    $18,720
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • DONALD FERNHOLZ

    VICE PRESIDENT

    Total calculated
    $18,914
    From this org
    $18,914
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • DARRYL BURSACK

    DIRECTOR

    Total calculated
    $18,760
    From this org
    $18,760
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • STEVE NORMAN

    PRESIDENT

    Total calculated
    $17,340
    From this org
    $17,340
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • WAYNE PELTIER

    DIRECTOR

    Total calculated
    $18,520
    From this org
    $18,520
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • PATRICK CARRUTH

    GENERAL MANAGER

    Total calculated
    $829,854
    From this org
    $551,452
    From related orgs
    $0
    Other
    $278,402
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $545,426
    Bonus
    $0
    Other
    $6,026
    Deferred
    $253,572
    Nontaxable benefits
    $28,845
    Filer's total
    $833,869

  • JILL ROTHSCHADL

    OFFICE MANAGER

    Total calculated
    $246,126
    From this org
    $184,187
    From related orgs
    $0
    Other
    $61,939
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,623
    Bonus
    $0
    Other
    $564
    Deferred
    $37,110
    Nontaxable benefits
    $27,651
    Filer's total
    $248,948

  • TODD BOLKEMA

    ENGINEERING AND OPERATIONS MANAGER

    Total calculated
    $258,895
    From this org
    $201,088
    From related orgs
    $0
    Other
    $57,807
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,159
    Bonus
    $0
    Other
    $929
    Deferred
    $32,978
    Nontaxable benefits
    $27,465
    Filer's total
    $261,531

  • SCOTT KUBESH

    MEMBER SERVICES MANAGER

    Total calculated
    $297,786
    From this org
    $166,685
    From related orgs
    $0
    Other
    $131,101
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,462
    Bonus
    $0
    Other
    $2,223
    Deferred
    $106,271
    Nontaxable benefits
    $26,670
    Filer's total
    $299,626

  • KENT SMITH

    FOREMAN

    Total calculated
    $194,790
    From this org
    $129,404
    From related orgs
    $0
    Other
    $65,386
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,470
    Bonus
    $0
    Other
    $934
    Deferred
    $40,556
    Nontaxable benefits
    $26,125
    Filer's total
    $196,085

  • TYLER DEZEEUW

    LINEMAN

    Total calculated
    $137,498
    From this org
    $129,039
    From related orgs
    $0
    Other
    $8,459
    Hours/week
    40

  • ANTHONY BEDNAREK

    LINEMAN

    Total calculated
    $143,418
    From this org
    $129,468
    From related orgs
    $0
    Other
    $13,950
    Hours/week
    40

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $29,138,552
    Expenses
    $29,291,825
    Contributions
    $0
    Grants paid
    $53
  • 2023
    Revenue
    $25,650,557
    Expenses
    $26,043,792
    Contributions
    $0
    Grants paid
    $41
  • 2022
    Revenue
    $24,527,313
    Expenses
    $25,134,140
    Contributions
    $0
    Grants paid
    $95

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.