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Minnesota Valley Cooperative Light and Power Association

501(c)Fed auditsIRS 990
DBA: LIGHT & POWER ASSOCIATION
Other · MONTEVIDEO, MN · EIN 41-0419129

About

Minnesota valley cooperative light and power association is a proactive cooperative that continues to provide value to our members.

DBA Light & Power Association

Donations are NOT tax-deductible
Category
Other
Employees
35
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$26.0M
Expenses
$25.3M
Assets
$101.1M
Liabilities
$65.8M

Financial history

$26.0M$13.0M$0
1718192021222324
RevenueExpenses
Latest FY2024: $26.0M · Avg: $23.5M
MINNESOTA VALLEY COOPERATIVE LIGHT AND POWER ASSOCIATION
Your actions

Address

501 S 1ST ST
Montevideo, MN, 56265-210

Governance

Voting board members7
Independent members6
Conflict-of-interest policyNo
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.