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Employer Identification Number 45-0166406

MINNKOTA POWER COOPERATIVE, INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MINNKOTA POWER COOPERATIVE, INC
Employer identification number (EIN):45-0166406
EIN Issuing AuthorityInternet
NAIC Classification:221100
401k Pension/Benefits registration MINNKOTA POWER COOPERATIVE, INC 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMinnkota Power Cooperative is a rural electric cooperative that generates and transmits electric power for our eleven member cooperatives
Number of Employees422
Number of Volunteers0
Year Formed1940

Organization Governance

Legal DomicileMN
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 447,046,055
Program Service Revenue from current yearUSD $ 443,190,820
Investment Income from prior yearUSD $ 1,262,529
Investment Income from current yearUSD $ 4,160,064
Other Revenue from prior yearUSD $ 3,314,473
Other Revenue from current yearUSD $ 2,353,507
Gross receipts from all sourcesUSD $ 449,704,391
Net assets / fund balances at end of fiscal yearUSD $ 225,333,538
Net assets / fund balances at beginning of fiscal yearUSD $ 213,597,038
Total liabilities at end of fiscal yearUSD $ 958,382,383
Total liabilities at beginning of fiscal yearUSD $ 944,460,489
Total assets at end of fiscal yearUSD $ 1,183,715,921
Total assets at beginning of fiscal yearUSD $ 1,158,057,527
Revenues less expenses for current yearUSD $ 13,034,615
Revenues less expenses for previous yearUSD $ 18,914,910
Total expenses for current yearUSD $ 436,669,776
Total expenses for previous yearUSD $ 432,708,147
Other expenses in current yearUSD $ 431,519,314
Other expenses in previous yearUSD $ 427,893,470
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,150,462
Employee salary and benefits paid in previous yearUSD $ 4,814,677
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 449,704,391
Total revenue in previous fiscal yearUSD $ 451,623,057
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,003,507
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 402,032,396
Program Service Revenue from current yearUSD $ 447,046,055
Investment Income from prior yearUSD $ 1,563,539
Investment Income from current yearUSD $ 1,262,529
Other Revenue from prior yearUSD $ 3,085,047
Other Revenue from current yearUSD $ 3,314,473
Gross receipts from all sourcesUSD $ 451,623,057
Net assets / fund balances at end of fiscal yearUSD $ 213,597,038
Net assets / fund balances at beginning of fiscal yearUSD $ 190,594,292
Total liabilities at end of fiscal yearUSD $ 944,460,489
Total liabilities at beginning of fiscal yearUSD $ 949,873,776
Total assets at end of fiscal yearUSD $ 1,158,057,527
Total assets at beginning of fiscal yearUSD $ 1,140,468,068
Revenues less expenses for current yearUSD $ 18,914,910
Revenues less expenses for previous yearUSD $ 21,507,526
Total expenses for current yearUSD $ 432,708,147
Total expenses for previous yearUSD $ 385,173,456
Other expenses in current yearUSD $ 427,893,470
Other expenses in previous yearUSD $ 381,358,288
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,814,677
Employee salary and benefits paid in previous yearUSD $ 3,815,168
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 451,623,057
Total revenue in previous fiscal yearUSD $ 406,680,982
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,964,473
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 390,338,364
Program Service Revenue from current yearUSD $ 402,032,396
Investment Income from prior yearUSD $ 1,657,057
Investment Income from current yearUSD $ 1,563,539
Other Revenue from prior yearUSD $ 3,281,523
Other Revenue from current yearUSD $ 3,085,047
Gross receipts from all sourcesUSD $ 406,680,982
Net assets / fund balances at end of fiscal yearUSD $ 190,594,292
Net assets / fund balances at beginning of fiscal yearUSD $ 167,592,067
Total liabilities at end of fiscal yearUSD $ 949,873,776
Total liabilities at beginning of fiscal yearUSD $ 971,706,447
Total assets at end of fiscal yearUSD $ 1,140,468,068
Total assets at beginning of fiscal yearUSD $ 1,139,298,514
Revenues less expenses for current yearUSD $ 21,507,526
Revenues less expenses for previous yearUSD $ 7,670,292
Total expenses for current yearUSD $ 385,173,456
Total expenses for previous yearUSD $ 387,606,652
Other expenses in current yearUSD $ 381,358,288
Other expenses in previous yearUSD $ 383,638,126
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,815,168
Employee salary and benefits paid in previous yearUSD $ 3,968,526
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 406,680,982
Total revenue in previous fiscal yearUSD $ 395,276,944
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,735,047
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 393,471,100
Program Service Revenue from current yearUSD $ 390,338,364
Investment Income from prior yearUSD $ 7,373,520
Investment Income from current yearUSD $ 1,657,057
Other Revenue from prior yearUSD $ 1,351,734
Other Revenue from current yearUSD $ 3,281,523
Gross receipts from all sourcesUSD $ 395,276,944
Net assets / fund balances at end of fiscal yearUSD $ 167,592,067
Net assets / fund balances at beginning of fiscal yearUSD $ 156,767,393
Total liabilities at end of fiscal yearUSD $ 971,706,447
Total liabilities at beginning of fiscal yearUSD $ 968,065,915
Total assets at end of fiscal yearUSD $ 1,139,298,514
Total assets at beginning of fiscal yearUSD $ 1,124,833,308
Revenues less expenses for current yearUSD $ 7,670,292
Revenues less expenses for previous yearUSD $ 11,714,000
Total expenses for current yearUSD $ 387,606,652
Total expenses for previous yearUSD $ 390,482,354
Other expenses in current yearUSD $ 383,638,126
Other expenses in previous yearUSD $ 387,236,926
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,968,526
Employee salary and benefits paid in previous yearUSD $ 3,245,428
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 395,276,944
Total revenue in previous fiscal yearUSD $ 402,196,354
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,931,523
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 406,396,814
Program Service Revenue from current yearUSD $ 393,471,100
Investment Income from prior yearUSD $ 6,232,293
Investment Income from current yearUSD $ 7,373,520
Other Revenue from prior yearUSD $ 1,432,408
Other Revenue from current yearUSD $ 1,351,734
Gross receipts from all sourcesUSD $ 402,196,354
Net assets / fund balances at end of fiscal yearUSD $ 156,767,393
Net assets / fund balances at beginning of fiscal yearUSD $ 150,196,807
Total liabilities at end of fiscal yearUSD $ 968,065,915
Total liabilities at beginning of fiscal yearUSD $ 910,601,143
Total assets at end of fiscal yearUSD $ 1,124,833,308
Total assets at beginning of fiscal yearUSD $ 1,060,797,950
Revenues less expenses for current yearUSD $ 11,714,000
Revenues less expenses for previous yearUSD $ 10,099,000
Total expenses for current yearUSD $ 390,482,354
Total expenses for previous yearUSD $ 403,962,515
Other expenses in current yearUSD $ 387,236,926
Other expenses in previous yearUSD $ 400,447,442
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,245,428
Employee salary and benefits paid in previous yearUSD $ 3,515,073
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 402,196,354
Total revenue in previous fiscal yearUSD $ 414,061,515
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 47,683
Program Service Revenue from prior yearUSD $ 384,894,716
Program Service Revenue from current yearUSD $ 406,396,814
Investment Income from prior yearUSD $ 9,302,594
Investment Income from current yearUSD $ 6,232,293
Other Revenue from prior yearUSD $ 1,445,370
Other Revenue from current yearUSD $ 1,432,408
Gross receipts from all sourcesUSD $ 419,576,303
Net assets / fund balances at end of fiscal yearUSD $ 150,196,807
Net assets / fund balances at beginning of fiscal yearUSD $ 139,893,680
Total liabilities at end of fiscal yearUSD $ 910,601,143
Total liabilities at beginning of fiscal yearUSD $ 899,557,888
Total assets at end of fiscal yearUSD $ 1,060,797,950
Total assets at beginning of fiscal yearUSD $ 1,039,451,568
Revenues less expenses for current yearUSD $ 10,099,000
Revenues less expenses for previous yearUSD $ 9,650,000
Total expenses for current yearUSD $ 403,962,515
Total expenses for previous yearUSD $ 385,992,680
Other expenses in current yearUSD $ 400,447,442
Other expenses in previous yearUSD $ 383,009,792
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,515,073
Employee salary and benefits paid in previous yearUSD $ 2,982,888
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 414,061,515
Total revenue in previous fiscal yearUSD $ 395,642,680
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Revenue from membership duesUSD $ 0
Total of other revenueUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 367,355,133
Program Service Revenue from current yearUSD $ 384,894,716
Investment Income from prior yearUSD $ 9,711,795
Investment Income from current yearUSD $ 9,302,594
Other Revenue from prior yearUSD $ 1,358,712
Other Revenue from current yearUSD $ 1,445,370
Gross receipts from all sourcesUSD $ 395,642,680
Net assets / fund balances at end of fiscal yearUSD $ 139,893,680
Net assets / fund balances at beginning of fiscal yearUSD $ 130,156,542
Total liabilities at end of fiscal yearUSD $ 899,557,888
Total liabilities at beginning of fiscal yearUSD $ 887,497,955
Total assets at end of fiscal yearUSD $ 1,039,451,568
Total assets at beginning of fiscal yearUSD $ 1,017,654,497
Revenues less expenses for current yearUSD $ 9,650,000
Revenues less expenses for previous yearUSD $ 9,230,000
Total expenses for current yearUSD $ 385,992,680
Total expenses for previous yearUSD $ 369,195,640
Other expenses in current yearUSD $ 383,009,792
Other expenses in previous yearUSD $ 365,920,676
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,982,888
Employee salary and benefits paid in previous yearUSD $ 3,274,964
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 395,642,680
Total revenue in previous fiscal yearUSD $ 378,425,640
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 368,421,666
Program Service Revenue from current yearUSD $ 367,355,133
Investment Income from prior yearUSD $ 8,574,799
Investment Income from current yearUSD $ 9,711,795
Other Revenue from prior yearUSD $ 1,377,774
Other Revenue from current yearUSD $ 1,358,712
Gross receipts from all sourcesUSD $ 378,425,640
Net assets / fund balances at end of fiscal yearUSD $ 130,156,542
Net assets / fund balances at beginning of fiscal yearUSD $ 122,580,872
Total liabilities at end of fiscal yearUSD $ 887,497,955
Total liabilities at beginning of fiscal yearUSD $ 863,472,535
Total assets at end of fiscal yearUSD $ 1,017,654,497
Total assets at beginning of fiscal yearUSD $ 986,053,407
Revenues less expenses for current yearUSD $ 9,230,000
Revenues less expenses for previous yearUSD $ 7,500,000
Total expenses for current yearUSD $ 369,195,640
Total expenses for previous yearUSD $ 370,874,239
Other expenses in current yearUSD $ 365,920,676
Other expenses in previous yearUSD $ 367,547,289
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,274,964
Employee salary and benefits paid in previous yearUSD $ 3,326,950
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 378,425,640
Total revenue in previous fiscal yearUSD $ 378,374,239
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 450166406

USA Mailing Address
P.O. BOX 13200
GRAND FORKS
ND
582083200
Date first seen: 2010-07-26
Date last seen: 2017-09-22
USA Location Address
1822 MILL ROAD
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2025-07-31
USA Mailing Address
5301 32ND AVE S
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2026-02-25
USA Location Address
5301 32ND AVE S
GRAND FORKS
ND
582013312
Date first seen: 2022-07-27
Date last seen: 2026-02-25
USA Location Address
5301 32ND AVE S
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2026-02-25
USA Mailing Address
5301 32ND AVE SOUTH
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2026-02-24
USA Mailing Address
5301 32ND AVE S.
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2026-02-24
USA Mailing Address
5301 32ND AVE S
GRAND FORKS
ND
582013312
Date first seen: 2025-07-30
Date last seen: 2026-02-25
USA Mailing Address
5301 32ND AVE. S.
GRAND FORKS
ND
58201
Date first seen: 2007-01-01
Date last seen: 2026-02-25

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for MINNKOTA POWER COOPERATIVE, INC

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