Wright-hennepin Cooperative Electric

Unknown organization based in Rockford, MN. 136 employees. Exempt under §501(c)(12).

MissionWE DELIVER THE POWER, PRODUCTS AND COMPETITIVE PRICING ESSENTIAL FOR IMPROVING THE QUALITY OF LIFE OF THE MEMBERS AND COMMUNITIES WE SERVE.

Financial snapshot · TY 2023

$125.1M
Total revenue
$121.8M
Total expenses
$262.7M
Net assets

Financial health · TY 2023

26
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
56
10.1 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
15
Mix of program fees, grants & contributions

Leadership compensation

Timothy Sullivan
PRESIDENT & CEO
$603,795
Brian Swanson
CFO UNTIL 09/23
$446,146
Robert Sandberg
VP OF POWER SUPPLY
$365,487
Jennifer Severson
VP OF HUMAN RESOURCES
$278,332
Curtis Cordt
ENGINEERING DIRECTOR
$277,833

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