MINNKOTA POWER COOPERATIVE INC
Data sourced from IRS 990 public filings
MINNKOTA POWER COOPERATIVE INC Minnkota Power Cooperative is a rural electric cooperative that generates and transmits electric power for eleven member cooperatives.
Revenue increased from $472,008,366 in 2024 to $486,986,596 in 2025. Most recent reported revenue: $486,986,596.
Annual Revenue
$486,986,596
Known Funders
0
Grants Received
0
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $486,986,596 | $477,334,362 | $1,230,034,108 |
| 2024 | $472,008,366 | $462,753,449 | $1,191,992,873 |
| 2023 | $449,704,391 | $436,669,776 | $1,183,715,921 |
| 2022 | $451,623,057 | $432,708,147 | $1,158,057,527 |
| 2021 | $406,680,982 | $385,173,456 | $1,140,468,068 |
| 2020 | $395,276,944 | $387,606,652 | $1,139,298,514 |
| 2019 | $402,196,354 | $390,482,354 | $1,124,833,308 |
| 2018 | $414,061,515 | $403,962,515 | $1,060,797,950 |
Top Funders
No funder data available yet for this nonprofit.
Key Personnel
From 2025 IRS 990 filing
Robert McLennan
President & CEO
Gerad Paul
Executive VP, Chief Legal Officer
Brendan Kennelly
Executive VP, Chief Operating Officer
Dan Inman
Senior VP of Power Delivery, CITO
Jami Hovet
Executive VP, Chief Administrative Officer
Lowell Stave
VP, Chief Operating Officer
Kay Schraeder
Executive VP, Chief Financial Officer
Todd Sailer
Vice President of Power Supply
Andrew Sorbo
Senior VP of Power Supply
Grant Gunderson
Vice President Resource Planning & Markets
Showing 10 of 30 key personnel.
Frequently Asked Questions
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