Cooperative Light & Power

Mutual benefit organization based in Two Harbors, MN. 24 employees. Exempt under §501(c)(12).

Financial snapshot · TY 2024

$15.3M
Total revenue
$15.3M
Total expenses
$36.6M
Net assets

Financial health · TY 2024

29
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
69
12.4 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
9
Mix of program fees, grants & contributions

Leadership compensation

$332,222
Brian Bentler
OPERATIONS M
$201,082
Vince Udenberg
MAINTENANCE
$198,592
Chase Peterson
CONSTRUCTION
$194,584
Rick Heath
LEAD LINEMAN
$191,744

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Cooperative Light & Power Executive Compensation | 990 Data | DoubleNine