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Public 990 Summary

MINNESOTA VALLEY COOPERATIVE

EIN 410419129 · Latest tax year 2024 · Usable public filing summary

MONTEVIDEO, MN · mnvalleyrec.com

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MINNESOTA VALLEY COOPERATIVE has a public Form 990 profile, but an AlignMint donation portal is not live yet. Review the public filing signals and share the claim link with the nonprofit if the profile should be activated.

Program ratio

Not enough public data

Fundraising ratio

0%

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

View previous 990s on ProPublica

Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$26,016,362
Contributions and grants$0
Program service revenue$23,513,160
Other revenue$1,458,868
Total expenses$25,343,416
Grants paid$40
Salaries and compensation$1,065,917
Program ratioNot reported
Fundraising ratio0%
Admin ratioNot reported
Total assets$101,109,680
Net assets$35,292,569
Total liabilities$65,817,111

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $26,016,362
Expenses: $25,343,416
Program ratio: Not reported

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Review the spending mix

Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

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Mission and programs

MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION IS A PROACTIVE COOPERATIVE THAT CONTINUES TO PROVIDE VALUE TO OUR MEMBERS.

Public leadership

Public Form 990 officer rows; not a staff or contact directory.

MARK PETERSON

SECRETARY

8 hours/week · Reportable compensation: $19,123

TIMOTHY VELDE

DIRECTOR

8 hours/week · Reportable compensation: $18,840

GARY GROOTHUIS

TREASURER

8 hours/week · Reportable compensation: $18,720

DONALD FERNHOLZ

VICE PRESIDENT

8 hours/week · Reportable compensation: $18,840

DARRYL BURSACK

DIRECTOR

8 hours/week · Reportable compensation: $18,760

STEVE NORMAN

PRESIDENT

8 hours/week · Reportable compensation: $18,840

Public filing sources

View previous 990s and source filings on ProPublica
irs_990_cache

Tax year 2024 · Source 202512659349300716 · Parser opportunity-intelligence-financials-v1

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This page is educational and based on public or submitted information. It is not legal, tax, accounting, or financial advice.

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  • Latest public filing year: 2024.
  • Public data coverage: Usable public filing summary.
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