Civic Intelligence

Minnkota Power Cooperative Inc

EIN 45-0166406 • 501(c)12 • Grand Forks, ND

View Organization Page

Profile

Minnkota Power is a rural electric cooperative that generates and transmits electric power.

5301 32nd Avenue SouthGrand Forks, ND 58201

www.minnkota.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.80x

Higher debt load relative to assets than 75% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

2.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Net Margin

30th percentile

2.0%

Higher net margin than 30% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Top Officer Pay

50th percentile

$1,360,510

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

$1B+ nonprofits • Source year 2024

Asset Growth

20th percentile

0.7%

Faster asset growth than 20% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

5.0%

Faster revenue growth than 26% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$1,191,992,873

Up $8,276,952 (+0.7%) from 2023

Liabilities

Down

$956,190,831

Down $2,191,552 (-0.2%) from 2023

Net Assets

Up

$235,802,042

Up $10,468,504 (+4.6%) from 2023

Operations
Liabilities / Revenue72nd percentileNet Margin30th percentile

Revenue

Up

$472,008,366

Up $22,303,975 (+5.0%) from 2023

Expenses

Up

$462,753,449

Up $26,083,673 (+6.0%) from 2023

Net Income

Down

$9,254,917

Down $3,779,698 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5B$1.0B$500M$0Assets 2010: $562,823,528Liabilities 2010: $477,075,870Net Assets 2010: $85,747,6582010Assets 2011: $611,883,344Liabilities 2011: $518,419,164Net Assets 2011: $93,464,1802011Assets 2012: $728,399,349Liabilities 2012: $627,887,706Net Assets 2012: $100,511,6432012Assets 2013: $909,008,837Liabilities 2013: $800,155,639Net Assets 2013: $108,853,1982013Assets 2014: $950,553,711Liabilities 2014: $834,965,874Net Assets 2014: $115,587,8372014Assets 2015: $986,053,407Liabilities 2015: $863,472,535Net Assets 2015: $122,580,8722015Assets 2016: $1,017,654,497Liabilities 2016: $887,497,955Net Assets 2016: $130,156,5422016Assets 2017: $1,039,451,568Liabilities 2017: $899,557,888Net Assets 2017: $139,893,6802017Assets 2018: $1,060,797,950Liabilities 2018: $910,601,143Net Assets 2018: $150,196,8072018Assets 2019: $1,124,833,308Liabilities 2019: $968,065,915Net Assets 2019: $156,767,3932019Assets 2020: $1,139,298,514Liabilities 2020: $971,706,447Net Assets 2020: $167,592,0672020Assets 2021: $1,140,468,068Liabilities 2021: $949,873,776Net Assets 2021: $190,594,2922021Assets 2022: $1,158,057,527Liabilities 2022: $944,460,489Net Assets 2022: $213,597,0382022Assets 2023: $1,183,715,921Liabilities 2023: $958,382,383Net Assets 2023: $225,333,5382023Assets 2024: $1,191,992,873Liabilities 2024: $956,190,831Net Assets 2024: $235,802,0422024

Highlighted filing

2024

Assets$1,191,992,873
Liabilities$956,190,831
Net Assets$235,802,042
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600M$400M$200M$0Expenses 2010: $243,993,4252010Expenses 2011: $294,450,9842011Expenses 2012: $288,545,0492012Revenue 2013: $324,562,877Expenses 2013: $317,761,754Net Income 2013: $6,801,1232013Revenue 2014: $347,340,379Expenses 2014: $340,066,549Net Income 2014: $7,273,8302014Revenue 2015: $378,374,239Expenses 2015: $370,874,239Net Income 2015: $7,500,0002015Revenue 2016: $378,425,640Expenses 2016: $369,195,640Net Income 2016: $9,230,0002016Revenue 2017: $395,642,680Expenses 2017: $385,992,680Net Income 2017: $9,650,0002017Revenue 2018: $414,061,515Expenses 2018: $403,962,515Net Income 2018: $10,099,0002018Revenue 2019: $402,196,354Expenses 2019: $390,482,354Net Income 2019: $11,714,0002019Revenue 2020: $395,276,944Expenses 2020: $387,606,652Net Income 2020: $7,670,2922020Revenue 2021: $406,680,982Expenses 2021: $385,173,456Net Income 2021: $21,507,5262021Revenue 2022: $451,623,057Expenses 2022: $432,708,147Net Income 2022: $18,914,9102022Revenue 2023: $449,704,391Expenses 2023: $436,669,776Net Income 2023: $13,034,6152023Revenue 2024: $472,008,366Expenses 2024: $462,753,449Net Income 2024: $9,254,9172024

Highlighted filing

2024

Revenue$472,008,366
Expenses$462,753,449
Net Income$9,254,917
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,191,992,873
Liabilities
$956,190,831
Net assets
$235,802,042
Revenue
$472,008,366
Expenses
$462,753,449
Net income
$9,254,917
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,192$956$236$472$463$9.25
2023Detailed filing. Detailed filing data is available for this year.$1,184$958$225$450$437$13.0
2022Detailed filing. Detailed filing data is available for this year.$1,158$944$214$452$433$18.9
2021Detailed filing. Detailed filing data is available for this year.$1,140$950$191$407$385$21.5
2020Detailed filing. Detailed filing data is available for this year.$1,139$972$168$395$388$7.67
2019Detailed filing. Detailed filing data is available for this year.$1,125$968$157$402$390$11.7
2018Detailed filing. Detailed filing data is available for this year.$1,061$911$150$414$404$10.1
2017Detailed filing. Detailed filing data is available for this year.$1,039$900$140$396$386$9.65
2016Detailed filing. Detailed filing data is available for this year.$1,018$887$130$378$369$9.23
2015Detailed filing. Detailed filing data is available for this year.$986$863$123$378$371$7.50
2014Detailed filing. Detailed filing data is available for this year.$951$835$116$347$340$7.27
2013Detailed filing. Detailed filing data is available for this year.$909$800$109$325$318$6.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$728$628$101$289
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$612$518$93.5$294
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$563$477$85.7$244
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 20, 2025
Return Version
2024v5.0
Gross Receipts
$472,008,366
Mission and Program Overview

Mission

Minnkota Power is a rural electric cooperative that generates and transmits electric power.

Minnkota Power Cooperative is a rural electric cooperative that generates and transmits electric power for eleven member cooperatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$991,196,380$1,017,344,037▲ $26,147,657
Rtn Earn Endowment Incm Other Fnds$225,332,402$235,800,906▲ $10,468,504
Accounts Receivable$48,777,776$56,838,043▲ $8,060,267
Inventories for Sale or Use$45,063,119$46,779,177▲ $1,716,058
Investments Other Securities$74,550,600$45,501,007▼ $29,049,593
Prepaid Expenses and Deferred Charges$11,416,501$13,162,502▲ $1,746,001
Cash and Non-Interest-Bearing Accounts$12,711,545$12,368,107▼ $343,438
Cap Stk Tr Prin Current Funds$1,136$1,136→ $0
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,183,715,921$1,191,992,873▲ $8,276,952
Liabilities
Mortgage Notes Payable Secured by Investment Property$825,890,058$860,958,295▲ $35,068,237
Accounts Payable and Accrued Expenses$70,234,993$61,904,237▼ $8,330,756
Other Liabilities$62,257,332$33,328,299▼ $28,929,033
Total Liabilities$958,382,383$956,190,831▼ $2,191,552
Net Assets / Fund Balance
Total Net Assets Fund Balance$225,333,538$235,802,042▲ $10,468,504
Total Liabilities and Net Assets / Fund Balance$1,183,715,921$1,191,992,873▲ $8,276,952

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$795,182,587$416,177,048$1,211,359,635
Buildings$186,184,000$32,396,646$218,580,646
Land$35,977,450-$35,977,450
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Securities$45,329,555--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert McLennanPresident & CEOFT$1,122,481$238,028$1,360,509
Lowell StaveVice President and COOFT$359,814$169,394$529,208
Gerad PaulGeneral Counsel-VP of Legal, Compliance & Risk MgmtFT$354,641$120,731$475,372
Jami HovetVice President of AdministrationFT$316,523$96,853$413,376
Kay SchraederVice President and CFOFT$302,434$103,142$405,576
Todd SailerVice President of Power SupplyFT$270,695$131,336$402,031
Craig BlethVice President of Project DevelopmentFT$302,234$95,214$397,448
Dan InmanVice President and CISOFT$301,337$91,638$392,975
Brendan KennellyVice President of Power DeliveryFT$285,875$91,968$377,843
Andrew SorboVice President Strategic InitiativesFT$245,202$82,999$328,201
Stacey DahlVice President of External AffairsFT$236,061$85,022$321,083
Shannon MikulaEnvironmental ManagerFT$230,791$81,546$312,337
Grant GundersonSenior Manager Resource Planning & MarketsFT$228,276$75,237$303,513
Andrew FreidtSenior Manager of Power ProductionFT$221,912$59,996$281,908
Theresa BrorbySenior Manager of Audit & RiskFT$200,459$74,105$274,564
Tim HagerottSenior Manager of Generation & DevelopmentFT$214,395$59,265$273,660
Tim HagerottSenior Manager of Product Development-$208,295$65,365$273,660
Colette KujavaBoard Secretary/TreasurerPT$21,890-$21,890
Mark HabedankBoard ChairPT$18,560-$18,560
Rick CoeBoard Member-$17,220-$17,220
Tom WoinarowiczBoard Vice ChairPT$16,540-$16,540
Les WindjueBoard Member-$1,000$15,420$16,420
Kalvin HoffBoard Member-$16,180-$16,180
Cheryl GroverBoard Member-$15,160-$15,160
Mike WahlBoard Member-$13,600-$13,600
Steve ArnesenBoard Member-$13,200-$13,200
Anthony OttemBoard Member-$10,560-$10,560
Roger KrostueBoard Member-$10,150-$10,150

Highest Paid Contractors

ContractorServicesLocationCompensation
Sargent & LundyEngineering Services8070 Solutions Center, Chicago, IL 60677-8000$1,440,229
Ulteig Operations LLCEngineering Services3350 38th Ave S, Fargo, ND 58104$592,637
Holland & KnightLegalPO Box 936937, Atlanta, GA 31193-6937$538,941
David Greeson Consulting LLCConsulting600 Country Club Drive, Richmond, TX 77469$334,948
Imperial Cleaning ServicesCleaning Services2705 9th Ave NW, Mandan, ND 58554$200,920
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$464,398,660
Investment Income
$4,117,606
Other Revenue
$3,492,100
Change in Net Assets
$9,254,917

Audited Revenue Reconciliation

Revenue per Audited Statements
$472,008,366
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$472,008,366
Total Revenue per Form 990
$472,008,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$457,095,695
Salaries, Compensation, and Employee Benefits$5,657,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$31,475,043
Interest---$29,917,111
Other Expenses---$20,688,024
Current Officers, Directors, Trustees, and Key Employees---$5,657,754
Total Functional Expenses$0$0$0$462,753,449

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$462,753,449
Total Expenses per Audited Statements$462,753,449
Total Expenses per Form 990$462,753,449
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Credits$26,322,276
Closure Cost Obligations$4,981,854
Post Retirement Health Insurance Obligation$2,024,169
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Minnkota Power Cooperative has member cooperatives.”

Form 990, Part VI, Section A, Line 7A

“Minnkota Power Cooperative members elect members of the governing board at the annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Minnkota Power Cooperative members approve the bylaw amendments.”

Form 990, Part VI, Section B, Line 11B

“The Form 990 is reviewed by the Board prior to the submission to the IRS.”

Form 990, Part VI, Section B, Line 12C

“The Minnkota Board of Directors has a "Code of Ethics and Business Conduct" policy with a section for "The Enforcement of the Code of Business and Ethics". This section directs the Board of Directors on how to report violations of the "Code of Business Ethics".”

Form 990, Part VI, Section B, Line 15

“Compensation for the President & CEO is determined and approved by the Board of Directors. The Board also reviews the compensation package for all employees.”

Form 990, Part VI, Section C, Line 19

“Minnkota Power Cooperative will make the documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Minnkota Power Cooperative Inc
EIN
45-0166406
Phone
7017954000
Address
5301 32nd Avenue South, Grand Forks, ND 58201

Signing Officer

Name
Robert McLennan
Title
President & CEO
Phone
7017954000
Signed
2025-03-20

Organization Details

Principal Officer
Robert McLennan
Formed
1940
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
442
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Other changes in net assets include other comprehensive gains related to the pension plans and post retirement health insurance obligations.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The Cooperative evaluates its tax positions that have been taken or are expected to be taken on income tax returns to determine if an accrual is necessary for uncertain tax positions. As of December 31, 2024 and 2023, the unrecognized tax benefit accrual was zero. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”

Raw XML AppendixShowing 400 of 946 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt070234993
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt061904237
IRS990/AccountsReceivableGrp/BOYAmt048777776
IRS990/AccountsReceivableGrp/EOYAmt056838043
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Minnkota Power Cooperative is a rural electric cooperative that generates and transmits electric power for eleven member cooperatives.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Minnkota Power Cooperative Inc
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0Kay Schraeder - Vice President and CFO
IRS990/BooksInCareOfDetail/PhoneNum07017954000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05301 32nd Avenue South
IRS990/BooksInCareOfDetail/USAddress/CityNm0Grand Forks
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058201
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01136
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01136
IRS990/CashNonInterestBearingGrp/BOYAmt012711545
IRS990/CashNonInterestBearingGrp/EOYAmt012368107
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt08
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt05657754
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01440229
IRS990/ContractorCompensationGrp/CompensationAmt1592637
IRS990/ContractorCompensationGrp/CompensationAmt2538941
IRS990/ContractorCompensationGrp/CompensationAmt3334948
IRS990/ContractorCompensationGrp/CompensationAmt4200920
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt08070 Solutions Center
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13350 38th Ave S
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO Box 936937
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3600 Country Club Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt42705 9th Ave NW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Fargo
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Atlanta
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Richmond
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4Mandan
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1ND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4ND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0606778000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd158104
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd2311936937
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd377469
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd458554
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Sargent & Lundy
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Ulteig Operations LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Holland & Knight
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3David Greeson Consulting LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4Imperial Cleaning Services
IRS990/ContractorCompensationGrp/ServicesDesc0Engineering Services
IRS990/ContractorCompensationGrp/ServicesDesc1Engineering Services
IRS990/ContractorCompensationGrp/ServicesDesc2Legal
IRS990/ContractorCompensationGrp/ServicesDesc3Consulting
IRS990/ContractorCompensationGrp/ServicesDesc4Cleaning Services
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04117606
IRS990/CYOtherExpensesAmt0457095695
IRS990/CYOtherRevenueAmt03492100
IRS990/CYProgramServiceRevenueAmt0464398660
IRS990/CYRevenuesLessExpensesAmt09254917
IRS990/CYSalariesCompEmpBnftPaidAmt05657754
IRS990/CYTotalExpensesAmt0462753449
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0472008366
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt031475043
IRS990/Desc0Minnkota Power is a rural electric cooperative that generates and transmits electric power.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0442
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt230
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt250
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt260
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt165.9
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt175.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt184.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt195.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt204.7
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt214.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt224.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt234.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt244.7
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt254.7
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt264.70
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd13X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0212631
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt188631
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt287631
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt384253
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt483442
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt581457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt682573
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt781538
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt879235
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt970399
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1072276
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1171446
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1270137
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1354895
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1466101
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1559265
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2015420
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert McLennan
IRS990/Form990PartVIISectionAGrp/PersonNm1Lowell Stave
IRS990/Form990PartVIISectionAGrp/PersonNm2Gerad Paul
IRS990/Form990PartVIISectionAGrp/PersonNm3Jami Hovet
IRS990/Form990PartVIISectionAGrp/PersonNm4Kay Schraeder
IRS990/Form990PartVIISectionAGrp/PersonNm5Todd Sailer
IRS990/Form990PartVIISectionAGrp/PersonNm6Craig Bleth
IRS990/Form990PartVIISectionAGrp/PersonNm7Dan Inman
IRS990/Form990PartVIISectionAGrp/PersonNm8Brendan Kennelly
IRS990/Form990PartVIISectionAGrp/PersonNm9Andrew Sorbo
IRS990/Form990PartVIISectionAGrp/PersonNm10Stacey Dahl
IRS990/Form990PartVIISectionAGrp/PersonNm11Shannon Mikula
IRS990/Form990PartVIISectionAGrp/PersonNm12Grant Gunderson
IRS990/Form990PartVIISectionAGrp/PersonNm13Andrew Freidt
IRS990/Form990PartVIISectionAGrp/PersonNm14Theresa Brorby
IRS990/Form990PartVIISectionAGrp/PersonNm15Tim Hagerott
IRS990/Form990PartVIISectionAGrp/PersonNm16Colette Kujava
IRS990/Form990PartVIISectionAGrp/PersonNm17Mark Habedank
IRS990/Form990PartVIISectionAGrp/PersonNm18Rick Coe
IRS990/Form990PartVIISectionAGrp/PersonNm19Tom Woinarowicz
IRS990/Form990PartVIISectionAGrp/PersonNm20Les Windjue
IRS990/Form990PartVIISectionAGrp/PersonNm21Kalvin Hoff
IRS990/Form990PartVIISectionAGrp/PersonNm22Cheryl Grover
IRS990/Form990PartVIISectionAGrp/PersonNm23Mike Wahl
IRS990/Form990PartVIISectionAGrp/PersonNm24Steve Arnesen
IRS990/Form990PartVIISectionAGrp/PersonNm25Anthony Ottem
IRS990/Form990PartVIISectionAGrp/PersonNm26Roger Krostue
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01147879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1440577
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2387741
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3329123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4322134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5320574
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6314874
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7311437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8298608
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9257802
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10248807
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11240891
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12233376
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13227012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14208464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15214395
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1621890
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1718560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1817220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1916540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt201000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2116180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2215160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2313600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2413200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2510560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2610150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President and COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2General Counsel-VP of Legal, Compliance & Risk Mgmt
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President of Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President and CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President of Power Supply
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President of Project Development
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President and CISO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President of Power Delivery
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President Strategic Initiatives
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President of External Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt11Environmental Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt12Senior Manager Resource Planning & Markets
IRS990/Form990PartVIISectionAGrp/TitleTxt13Senior Manager of Power Production
IRS990/Form990PartVIISectionAGrp/TitleTxt14Senior Manager of Audit & Risk
IRS990/Form990PartVIISectionAGrp/TitleTxt15Senior Manager of Generation & Development
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt25Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt26Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0472008366
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt0316
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt029917111
IRS990/InventoriesForSaleOrUseGrp/BOYAmt045063119
IRS990/InventoriesForSaleOrUseGrp/EOYAmt046779177
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04117606
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04117606
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt074550600
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt045501007
IRS990/IRPDocumentCnt0138
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0448573694
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0991196380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01017344037
IRS990/LandBldgEquipCostOrOtherBssAmt01465917731
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0435892414
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Minnkota Power is a rural electric cooperative that generates and transmits electric power.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0825890058
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0860958295
IRS990/NetAssetsOrFundBalancesBOYAmt0225333538
IRS990/NetAssetsOrFundBalancesEOYAmt0235802042
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01213587
IRS990/OtherExpensesGrp/Desc0Production and Purchased Power
IRS990/OtherExpensesGrp/Desc1Transmission and Substation
IRS990/OtherExpensesGrp/Desc2General and Administrative
IRS990/OtherExpensesGrp/TotalAmt0340425872
IRS990/OtherExpensesGrp/TotalAmt134589645
IRS990/OtherExpensesGrp/TotalAmt220688024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.