Minnkota Power Cooperative Overview

Minnkota Power Cooperative exists for the sole purpose of meeting the electricity needs of rural member cooperatives in eastern North Dakota and northwestern Minnesota, powering the region's homes, farms, schools and businesses.
Minnkota Power Cooperative has been around for a long time. It was founded back in 1940. This established organization loves to hire graduates from University of North Dakota, with 50.0% of its employees having attended University of North Dakota. Minnkota Power Cooperative is a great place to work and is featured as number 11 on Zippia's list of Best Companies to Work for in Grand Forks, ND. The average employee at Minnkota Power Cooperative makes $43,884 per year. Pay at Minnkota Power Cooperative is significantly lower than some of its highest paying competitors, like Giant Cement Holding, LG&E Power, and EnerVest Operating, which pay $69,000, $66,130, and $63,161, respectively.
Minnkota Power Cooperative is a medium utilities organization with 270 employees and an annual revenue of $8.5M that is headquartered in the United States.

The Organization’s Mission

To deliver safe, reliable, affordable and environmentally responsible electricity. The primary source of electric generation for the Minnkota member-owners is the milton R. Young station, a two-unit, lignite coal-based power plant located near the town of center, N.D.

Industry

Electric Utility

Revenue

$8.5M

Employees

270

Founded in

1940

Headquarters

Grand Forks, ND

Website

www.minnkota.com

Organization Type

Nonprofit

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The Team At Minnkota Power Cooperative

Key People

    David Loer (CEO)

Minnkota Power Cooperative Company Rankings

Minnkota Power Cooperative is ranked #100 on the Best Companies to Work For in North Dakota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Minnkota Power Cooperative Salaries

How much does Minnkota Power Cooperative pay?
The national average salary for a Minnkota Power Cooperative employee in the United States is $43,884 per year. Employees in the top 10 percent can make over $80,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
8.5
Salary Score
Average Employee Earnings

Minnkota Power Cooperative Salaries By Job Title

While Minnkota Power Cooperative employees earn an average yearly salary of $43,884, different roles can command different wages. The higher paying positions at Minnkota Power Cooperative include business instructor, human resources manager, finance leader, and consultant. A typical business instructor salary at Minnkota Power Cooperative is $111,359. Other roles at Minnkota Power Cooperative include construction labour and member service specialist. A construction labour at Minnkota Power Cooperative earns an average yearly salary of $26,294.
Job Title
Title
ascdesc
Average Salarydesc
Business Instructor
Salary Range86k - 143k$111k$111,359
Human Resources Manager
Salary Range84k - 108k$96k$95,549
Finance Leader
Salary Range68k - 96k$82k$81,590
Consultant
Salary Range64k - 94k$78k$77,773
Information Systems Coordinator
Salary Range55k - 83k$68k$68,392
Senior Mechanic
Salary Range44k - 58k$51k$51,324
Pipefitter/Welder
Salary Range45k - 57k$51k$50,980
Maintenance Coordinator
Salary Range43k - 59k$50k$50,393
Journeyman/Mechanic
Salary Range42k - 47k$45k$44,895
Power Plant Operators Supervisor
Salary Range36k - 54k$45k$44,853
$24k
$143k

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Minnkota Power Cooperative Careers

On average, employees at Minnkota Power Cooperative stay with the company for 8.7 years.

Average Length of Employment

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Minnkota Power Cooperative Employee Demographics

6.0
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Minnkota Power Cooperative Employees Education

Employees at Minnkota Power Cooperative most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Minnkota Power Cooperative Financial Performance

5.5
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$5M - $10M

Founded in

1940

Organization type

Nonprofit

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Minnkota Power Cooperative Competitors

Some of the competitors of Minnkota Power Cooperative are Giant Cement Holding, LG&E; Power, and EnerVest Operating. The wages at Giant Cement Holding average higher than the other similar companies, where the median salary is $69,000 per year. The salaries at LG&E; Power average $66,130 per year, and the salaries at EnerVest Operating come in at $63,161 per year.
Companydesc
Average Salarydesc
Giant Cement Holding
Salary Range49k - 96k$69k$69,000

LG&E Power

Salary Range49k - 89k$66k$66,130

EnerVest Operating

Salary Range46k - 86k$63k$63,161
TransMontaigne Partners LP
Salary Range43k - 83k$60k$59,835
Aldridge Electric
Salary Range42k - 77k$58k$57,542
Ormat Technologies
Salary Range41k - 75k$56k$55,609
Sunflower Electric Power
Salary Range42k - 70k$55k$54,693
United Water Services
Salary Range39k - 72k$53k$53,442

SEC, Inc.

Salary Range40k - 67k$52k$52,404

Knight Oil Tools

Salary Range35k - 70k$50k$49,628
$28k
$96k

Frequently Asked Questions about Minnkota Power Cooperative

When was Minnkota Power Cooperative founded?

Minnkota Power Cooperative was founded in 1940.

How many Employees does Minnkota Power Cooperative have?

Minnkota Power Cooperative has 270 employees.

How much money does Minnkota Power Cooperative make?

Minnkota Power Cooperative generates $8.5M in revenue.

What industry is Minnkota Power Cooperative in?

Minnkota Power Cooperative is in the electric utility industry.

What is Minnkota Power Cooperative's mission?

Minnkota Power Cooperative's mission statement is "To deliver safe, reliable, affordable and environmentally responsible electricity. The primary source of electric generation for the Minnkota member-owners is the milton R. Young station, a two-unit, lignite coal-based power plant located near the town of center, N.D."

What type of company is Minnkota Power Cooperative?

Minnkota Power Cooperative is a nonprofit company.

Who are Minnkota Power Cooperative's competitors?

Minnkota Power Cooperative competitors include Seminole Electric Cooperative, United Water Services, ESG Operations, GLY-TECH Services, LG&E Power, Ormat Technologies, Covanta, Wheelabrator, El Dorado Irrigation District, Giant Cement Holding, Sunflower Electric Power, Montenay Power, Knight Oil Tools, Free Flow Power, DUECO, Aldridge Electric, TransMontaigne Partners LP, Grand Strand Water & Sewer Authority, Quadco, EnerVest Operating.

Who works at Minnkota Power Cooperative?

David Loer (CEO)

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Updated October 27, 2021

Zippia gives an in-depth look into the details of Minnkota Power Cooperative, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Minnkota Power Cooperative. The employee data is based on information from people who have self-reported their past or current employments at Minnkota Power Cooperative. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Minnkota Power Cooperative and its employees or that of Zippia.

Minnkota Power Cooperative may also be known as or be related to MINNKOTA POWER COOP INC, Minnkota Power Cooperative and Minnkota Power Cooperative, Inc.