NonprofitsBlue Earth Nicollet Faribault Cooperative Electric Association

Blue Earth Nicollet Faribault Cooperative Electric Association

MANKATO, MN

Total revenue

$53.2M

Total expenses

$53.2M

Net assets

$60.2M

Grants received

EIN

410155615

Tax year

2024

Mission

Safely provide the best possible service, at the lowest possible cost.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$51.9M
Investment income$328K
Other revenue$992K
Total revenue$53.2M

Expenses

Grants paid
Salaries & benefits$757K
Fundraising
Other expenses$47.9M
Total expenses$53.2M
Total assets$146.5M
Net assets$60.2M

People

16 listed

NameRoleCompensation

DAVID SUNDERMAN

CEO

Board

$280K

40 hrs/wk

ABBY DAHMS

FINANCE MANAGER

Board

$133K

40 hrs/wk

TERRANCE GENELIN

TREASURER

Board

$19K

10.4 hrs/wk

BRADLEY LEIDING

PRESIDENT

Board

$19K

7.87 hrs/wk

WARREN SCOTT JOHNSON

SECRETARY

Board

$17K

7.9 hrs/wk

DON WESTPHAL

VICE PRESIDENT

Board

$16K

7.77 hrs/wk

MARILYN LYNCH

DIRECTOR

Board

$15K

7.48 hrs/wk

JOHN WELLS

DIRECTOR

Board

$14K

7.21 hrs/wk

GARY STENZEL

DIRECTOR

Board

$12K

6.13 hrs/wk

BLAKE MESHKE

DIRECTOR

Board

$11K

4.98 hrs/wk

DUANE EHRICH

DIRECTOR

Board

$11K

5.77 hrs/wk

TIM BRAULICK

OPERATIONS & ENGINEERING MANAGER

Staff

$159K

40 hrs/wk

DUANE HAGEN

CREW CHIEF

Staff

$143K

40 hrs/wk

CLAY HILL

CREW CHIEF

Staff

$143K

40 hrs/wk

CHRISTOPHER BECTHOLD

CREW CHIEF

Staff

$134K

40 hrs/wk

NICK SMITH

CREW CHIEF

Staff

$131K

40 hrs/wk

Independent contractors

ZINNIEL UTILITY CONTRACTING INC

DIRECTIONAL BORING/UNDERGROUND INSTALLAT

$1.8M

CARR'S TREE SERVICE INC

TREE TRIMMING/RIGHT OF WAY CLEARING

$578K

STAR ENERGY SERVICES LLC

ENGINEERING SERVICES

$546K

WEB CONSTRUCTION INC

BUILDING REMODEL CONTRACTOR

$300K

VANGUARD UTILITY PARTNERS INC

LOCATING

$209K

Details

EIN410155615
Subsection12
Ruling date1939-06
Formed1937
Employees43
Volunteers0
BLUE EARTH NICOLLET FARIBAULT COOPERATIVE ELECTRIC ASSOCIATION — Mission, Financials & Grants Received | Grantivo