Mutual & Membership Benefit · MN
Southern Minnesota Energy Cooperative
Southern Minnesota Energy Cooperative reported paying Richard Burud, Ceo, $20,785 in total compensation (FY 2024).
That places Richard Burud at approximately the 7th percentile among 27 similarly sized mutual & membership benefit nonprofits (median $89,984).
$56,626,318Total revenue (FY 2024)
$20,785Total executive compensation
7thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Southern Minnesota Energy Cooperative — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language to establish the rebuttable presumption.
Build the comparability report →Comparable mutual & membership benefit nonprofits
Compensation is normalized to MN cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| 32bj North Health Fund | NY | $56,316,719 | $7,275 |
| North Dakota Public Health Insurance | ND | $55,958,328 | $47,734 |
| Portage Bay Insurance | HI | $55,609,001 | $79,731 |
| Electronic Payments Coalition Inc | DC | $55,581,993 | $677,788 |
| Omnitrade Health Trust | WA | $54,720,392 | $75,275 |
| Freeborn Mower Electric Cooperative | MN | $60,266,711 | $334,509 |
| Dakota Valley Electric Cooperative Inc | ND | $61,008,372 | $424,760 |
| Nysa-ila Vacation & Holiday Fund | NJ | $61,614,961 | $296,570 |