CROW WING COOPERATIVE POWER & LIGHT CO

EIN: 410208552

BRAINERD, MN

Total Revenue
$91,037,128
Total Expenses
$88,904,111
Total Assets
$253,324,443
Net Assets
$102,709,747
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
MN
Principal Officer
ERIC QUALE
Phone
2188292827
Tax Period
2023-01-01 to 2023-12-31

CROW WING COOPERATIVE POWER & LIGHT CO, founded in 1937, is a mid-sized nonprofit that reported $91.0M in total revenue in fiscal year 2023.

Mission

PROVIDE ELECTRICAL SERVICES TO COOPERATIVE MEMBERS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $85,810,528
Investment Income $824,745
Other Revenue $4,401,855
TOTAL REVENUE $91,037,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $928,812
Fundraising Expenses $0
Other Expenses $82,197,223
TOTAL EXPENSES $88,904,111

Year-over-Year Comparison

2023 2022 Change
Revenue $91,037,128 $91,498,148 0.0%
Expenses $88,904,111 $89,923,618 0.0%
Net Income $2,133,017 $1,574,530 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
98
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$807,658
Total Directors
9
$117,711
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN MCCULLOCH SECRETARY 11.00
Director
$14,697 $0 $14,697
RICHARD LARSON DIRECTOR (THROUGH SEPTEMBER 2023) 10.00
Director
$8,935 $0 $8,935
GERTRUDE ROGGENKAMP DIRECTOR 10.50
Director
$13,914 $0 $13,914
ROBERT KANGAS DIRECTOR 10.00
Director
$13,272 $0 $13,272
MARK RONNEI PRESIDENT 10.50
Director
$13,899 $0 $13,899
LUANN NELSON TREASURER 10.50
Director
$13,930 $0 $13,930
PAUL KOERING DIRECTOR 9.50
Director
$12,664 $0 $12,664
DWIGHT THIESSE DIRECTOR 10.00
Director
$12,944 $0 $12,944
GILES RADTKE VICE PRESIDENT 10.00
Director
$13,456 $0 $13,456
BRUCE KRAEMER CHIEF EXECUTIVE OFFICER 40.00
Officer
$318,604 $32,981 $351,585
SUSANNAH JENSEN CHIEF FINANCIAL OFFICER 40.00
Officer
$169,215 $39,626 $208,841
ERIC QUALE CHIEF OPERATING OFFICER 40.00
Officer
$206,181 $41,051 $247,232
CHARLENE KINZER PUBLIC RELATIONS MANAGER 40.00
Highest
$173,949 $22,088 $196,037
KELLY STORY CREW FOREMAN 48.82
Highest
$137,159 $33,628 $170,787
ALLEN DAHL CREW FOREMAN 48.55
Highest
$132,821 $33,492 $166,313
GAGE WATTENHOFER MANAGER OF MAINTENANCE AND CONSTRUCTION 40.00
Highest
$144,224 $20,203 $164,427
TIM ALLEN CREW FOREMAN 49.60
Highest
$150,438 $17,866 $168,304
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $91,037,128 $88,904,111 $253,324,443 $2,133,017
2022 $91,498,148 $89,923,618 $244,245,271 $1,574,530
2021 $79,431,443 $81,725,296 $238,884,299 $-2,293,853
2020 $76,151,301 $75,525,761 $230,029,616 $625,540
2019 $75,588,033 $76,059,026 $228,203,152 $-470,993
2018 $76,790,056 $77,586,308 $215,726,765 $-796,252
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