NonprofitsFreeborn-Mower Cooperative Services

Mutual & Membership Benefit

Freeborn-Mower Cooperative Services

ALBERT LEA, MN

Total revenue

$60.3M

Total expenses

$60.1M

Net assets

$48.9M

Grants received

EIN

410266055

Tax year

2024

Mission

Provide electric power to the members of the cooperative which consists of approximately 17,765 members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$58.5M
Investment income$114K
Other revenue$1.6M
Total revenue$60.3M

Expenses

Grants paid$38K
Salaries & benefits$520K
Fundraising
Other expenses$56.5M
Total expenses$60.1M
Total assets$159.2M
Net assets$48.9M

People

15 listed

NameRoleCompensation

JAMES KRUEGER

PRESIDENT/CEO

Board

$244K

45 hrs/wk

RICHARD SCHAUFLER

DIRECTOR

Board

$26K

10 hrs/wk

JOHN JACK KORMAN

BOARD CHAIR

Board

$24K

8 hrs/wk

STEVE GARBISCH

TREASURER

Board

$21K

3 hrs/wk

FRANK FRYER

SECRETARY

Board

$21K

3 hrs/wk

MATT MARAS

DIRECTOR

Board

$20K

6 hrs/wk

DENNIS ANDERSON

VICE CHAIRMAN

Board

$20K

4 hrs/wk

LARRY IRVINE

DIRECTOR

Board

$20K

4 hrs/wk

WILLIAM TRYGSTAD

DIRECTOR

Board

$18K

5 hrs/wk

JAY NEITZELL

DIRECTOR

Board

$17K

3 hrs/wk

AL STADHEIM

DIRECTOR OF ENGIN & OPERATIONS

Staff

$170K

40 hrs/wk

BRAD DEVRIES

WORKING FOREMAN

Staff

$152K

50 hrs/wk

NICHOLAS ROLFING

SERVICE REPRESENTATIVE

Staff

$146K

48 hrs/wk

JACK KORTAN

MANAGER OF OPERATIONS

Staff

$141K

40 hrs/wk

AL CASTERTON

WORKING FOREMAN

Staff

$136K

48 hrs/wk

Independent contractors

ASPLUNDH TREE EXPERT CO

TREE TRIMMING

$1.3M

E & J UNDERGROUND LLC

DIRECTIONAL BORING

$946K

NISC

SOFTWARE SUPPORT & MAINT; BILLING, PRINT

$401K

PREFERRED MASONRY LLC

CONCRETE WORK IN BACK LOT OF WAREHOUSE

$212K

USIC LOCATING SERVICES LLC

UTILITY LOCATES

$172K

Details

EIN410266055
NTEE codeY22
Subsection12
Ruling date2007-01
Formed1936
Employees70
Volunteers0
FREEBORN-MOWER COOPERATIVE SERVICES — Mission, Financials & Grants Received | Grantivo