Crow Wing Cooperative Power & Light Company
501(c)(12)
Only null% goes to programs Strong reserves
Crow Wing Cooperative Power & Light Company is a 501(c)(12) organization based in Brainerd, Minnesota, registered in 1939, with $89,311,030 in FY2024 revenue. CharityIndex grades it A.
Po Box 507, Brainerd, MN, 56401 EIN 41-0208552 Since 1939
Revenue (FY2024)
$89.3M
▼ 1.9% vs prior year
Expenses (FY2024)
$91.9M
Net assets
$108.7M
Employees
99
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Crow Wing Cooperative Power & Light Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating14 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Crow Wing Cooperative Power & Light Company: 14 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Crow Wing Cooperative Power & Light Company: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Crow Wing Cooperative Power & Light Company: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Provide electrical services to cooperative members
Contact & location
Financial trends
Revenue grew from $65.1M (FY2013) to $89.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $156.4MNet assets $108.7M
Operating margin
-2.9%
Spent more than it raised in the latest fiscal year.
Total assets
$265.0M
Total liabilities
$156.4M
Net assets
$108.7M
Salaries & benefits
$1.3M
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,311,030▼1.9% | $91,872,893▲3.3% | $108,689,920▲5.8% | $265,047,076▲4.6% | 990 |
| 2023 | $91,037,128▼0.5% | $88,904,111▼1.1% | $102,709,747▲5.5% | $253,324,443▲3.7% | 990 |
| 2022 | $91,498,148▲15.2% | $89,923,618▲10.0% | $97,391,551▲6.0% | $244,245,271▲2.2% | 990 |
| 2021 | $79,431,443▲4.3% | $81,725,296▲8.2% | $91,901,579▲4.0% | $238,884,299▲3.8% | 990 |
| 2020 | $76,151,301▲0.7% | $75,525,761▼0.7% | $88,370,370▲1.7% | $230,029,616▲0.8% | 990 |
| 2019 | $75,588,033▼1.6% | $76,059,026▼2.0% | $86,858,810▲1.2% | $228,203,152▲5.8% | 990 |
| 2018 | $76,790,056▲7.7% | $77,586,308▲9.7% | $85,806,116▲3.7% | $215,726,765▲5.9% | 990 |
| 2017 | $71,274,687▲3.8% | $70,722,269▲5.4% | $82,760,916▼0.3% | $203,672,167▼1.5% | 990 |
| 2016 | $68,696,432▲5.3% | $67,105,678▲3.7% | $82,994,573▲3.7% | $206,681,742▲3.6% | 990 |
| 2015 | $65,247,545▼3.3% | $64,737,055▼1.9% | $80,047,704▲1.7% | $199,507,132▲3.5% | 990 |
| 2014 | $67,454,327▲3.6% | $65,962,625▲2.9% | $78,671,062▲3.7% | $192,830,881▲0.6% | 990 |
| 2013 | $65,128,357 | $64,087,277▲5.1% | $75,868,163▲3.5% | $191,612,820▲5.7% | 990 |
| 2012 | — | $61,004,507▲2.1% | $73,290,881▲3.7% | $181,341,526▲2.9% | 990 |
| 2011 | — | $59,755,987▲9.4% | $70,663,210▲3.5% | $176,213,892▲0.6% | 990 |
| 2010 | — | $54,629,126 | $68,263,073 | $175,237,896 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bruce Kraemer — $528,079 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bruce Kraemer | Chief Executive Officer (through May) | 40 | $528,079 |
| Eric Quale | Interim Ceo/coo | 50 | $332,342 |
| Susannah Jensen | Chief Financial Officer | 40 | $188,126 |
| Jake Dehne | Crew Foreman | 48.88 | $157,043 |
| Tim Allen | Crew Foreman/area Supervisor | 47.45 | $153,578 |
| Gage Wattenhofer | Manager of Maintenance and Construction | 40 | $153,188 |
| David Ethen | Crew Foreman | 47.76 | $152,573 |
| Justin Wilson | Crew Foreman | 47.78 | $152,429 |
| Mark Ronnei | President | 12 | $21,055 |
| Giles Radtke | Vice President | 10 | $17,823 |
| Luann Nelson | Treasurer | 10 | $17,700 |
| Bryan Mcculloch | Secretary | 10 | $16,811 |
| Gertrude Roggenkamp | Director | 10 | $15,622 |
| Paul Koering | Director | 10 | $15,469 |
| Dwight Thiesse | Director | 10 | $15,433 |
| David Albers | Director (started June) | 10 | $10,084 |
| Jon Lubke | Director (started June) | 10 | $9,688 |
| Robert Kangas | Director (through June) | 10 | $7,401 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Riggs Tree Service | Right of Way Clearing | $1,357,273 |
| National Information Solutions Cooperati | Software Support | $596,861 |
| New Age Tree Service | Right of Way Clearing | $508,546 |
| Elite Underground Inc | Line Construction | $457,657 |
| Johnson Locating Service | Undergr. Cable Locating Services | $262,913 |
Frequently asked questions
- Is Crow Wing Cooperative Power & Light Company a legitimate nonprofit?
- Yes. Crow Wing Cooperative Power & Light Company is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 41-0208552, based in Brainerd, Minnesota.
- What is Crow Wing Cooperative Power & Light Company's EIN?
- Crow Wing Cooperative Power & Light Company's Employer Identification Number (EIN) is 41-0208552.
- How much revenue does Crow Wing Cooperative Power & Light Company report?
- Crow Wing Cooperative Power & Light Company reported $89,311,030 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Crow Wing Cooperative Power & Light Company have?
- CharityIndex grades Crow Wing Cooperative Power & Light Company A, based on financial health (reserves and operating margin).
- How much does Crow Wing Cooperative Power & Light Company's highest-paid employee make?
- The highest reported compensation on Crow Wing Cooperative Power & Light Company's latest Form 990 is $528,079, paid to Bruce Kraemer (Chief Executive Officer (through May)).
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Data for Crow Wing Cooperative Power & Light Company (EIN 41-0208552) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.