NonprofitsNobles Cooperative Electric

Nobles Cooperative Electric

SLAYTON, MN

Total revenue

$23.5M

Total expenses

$23.1M

Net assets

$33.7M

Grants received

EIN

410443755

Tax year

2024

Mission

Maintain our electrical distribution system & provide electricity to members in rural areas.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$22.5M
Investment income$244K
Other revenue$803K
Total revenue$23.5M

Expenses

Grants paid$10K
Salaries & benefits$487K
Fundraising
Other expenses$21.1M
Total expenses$23.1M
Total assets$72.5M
Net assets$33.7M

People

14 listed

NameRoleCompensation

ADAM TROMBLAY

CHIEF EXECUTIVE OFFICER

Board

$210K

45 hrs/wk

MICHAEL REEMTSMA

CHIEF FINANCIAL OFFICER

Board

$118K

45 hrs/wk

CINDY HOKENESS

SECRETARY/TREASURER

Board

$12K

7.13 hrs/wk

TIMOTHY BICKETT

VICE PRESIDENT

Board

$8K

4.21 hrs/wk

RANDY DONAHUE

DIRECTOR

Board

$8K

3.27 hrs/wk

RONALD SCHWARTAU

PRESIDENT

Board

$8K

2.91 hrs/wk

GARY CLARKE

DIRECTOR

Board

$6K

2.67 hrs/wk

JERRY BECKERING

DIRECTOR

Board

$6K

2.85 hrs/wk

LEE YORK

VICE PRESIDENT

Board

$5K

10.33 hrs/wk

RYAN LOOMANS

LINEMAN

Staff

$108K

43 hrs/wk

ERIC LEEBENS

JOURNEYMAN LINEMAN

Staff

$107K

43 hrs/wk

JEFFERY AHLSCHLAGER

JOURNEYMAN LINEMAN

Staff

$106K

42 hrs/wk

DANIEL FAUSKEE

ACCOUNTANT

Staff

$105K

40 hrs/wk

JACOB SELL

JOURNEYMAN LINEMAN

Staff

$101K

43 hrs/wk

Independent contractors

STAR ENERGY SERVICES

ENGINEERING SERVICES

$213K

Details

EIN410443755
Subsection12
Ruling date1937-12
Formed1936
Employees27
Volunteers0
NOBLES COOPERATIVE ELECTRIC — Mission, Financials & Grants Received | Grantivo