Mission
Minnkota Power is a rural electric cooperative that generates and transmits electric power.
Public Charity
MINNKOTA POWER COOPERATIVE INC
Based in Grand Forks, ND, MINNKOTA POWER COOPERATIVE INC operates as a Public Charity. The organization reported $487.0M in revenue, $477.3M in expenses, $1.2B in total assets for fiscal year 2025.
EIN: 450166406
Grand Forks, ND
Latest filing: 2025
Total Revenue$487.0M
Total Expenses$477.3M
Total Assets$1.2B
Grant Records0
Filing Years2021–2025
Officers & Directors
Senior Manager of Power Production
Andrew Freidt
Senior VP of Power Supply
Andrew Sorbo
Board Member
Anthony Ottem
Executive VP, Chief Operating Officer
Brendan Kennelly
Board Member
Cheryl Grover
Board Secretary/Treasurer
Colette Kujava
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $487.0M | $477.3M | $1.2B |
| 2024 | $472.0M | $462.8M | $1.2B |
| 2023 | $449.7M | $436.7M | $1.2B |
| 2022 | $451.6M | $432.7M | $1.2B |
| 2021 | $406.7M | $385.2M | $1.1B |
Between 2021 and 2025, reported annual revenue grew from $406.7M to $487.0M (+20%), with total assets most recently reported at $1.2B.
Interactive year-over-year charts and full filing details available with membership.