NonprofitsRoseau Electric Cooperative Inc

Roseau Electric Cooperative Inc

ROSEAU, MN

Total revenue

$20.4M

Total expenses

$20.2M

Net assets

$21.9M

Grants received

EIN

410510033

Tax year

2024

Mission

To deliver electricity to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$19.7M
Investment income$78K
Other revenue$682K
Total revenue$20.4M

Expenses

Grants paid
Salaries & benefits$3.4M
Fundraising
Other expenses$16.2M
Total expenses$20.2M
Total assets$46.5M
Net assets$21.9M

People

18 listed

NameRoleCompensation

TRACEY STOLL

GENERAL MANAGER

Board

$176K

40 hrs/wk

RYAN SEVERSON

ASSISTANT MANAGER

Board

$160K

40 hrs/wk

JOE TESAREK

DIRECTOR

Board

$9K

6.71 hrs/wk

JAMES CHRISTIANSON

DIRECTOR

Board

$9K

6 hrs/wk

KERMIT JENSEN

DIRECTOR

Board

$8K

5.67 hrs/wk

BRIAN GRAFSTROM

VICE PRESIDENT

Board

$8K

5.87 hrs/wk

MARK SAX

PRESIDENT

Board

$6K

4.22 hrs/wk

MIKE WAHL

SECRETARY/TREASURER

Board

$6K

4.02 hrs/wk

SHAWN GUST

DIRECTOR

Board

$5K

7.51 hrs/wk

RONALD STOREY

DIRECTOR (STARTED APRIL 2024)

Board

$5K

3.33 hrs/wk

ROBERT TUTTLE

DIRECTOR (STARTED APRIL 2024)

Board

$4K

3.22 hrs/wk

EDWARD WALSH

DIRECTOR (THROUGH APRIL 2024)

Board

$4K

11.69 hrs/wk

JAMES HALLAN

VICE PRESIDENT (THROUGH APRIL 2024)

Board

$1K

3.08 hrs/wk

MICHAEL MILLNER

LINE SUPERINTENDENT

Staff

$123K

40 hrs/wk

RALPH LANDMAN

LINE CREW FOREMAN

Staff

$118K

40 hrs/wk

JEREMY LINDEMANN

MEMBER SERVICE DIRECTOR

Staff

$114K

40 hrs/wk

JUSTIN OLSON

LINEMAN

Staff

$109K

40 hrs/wk

ALEX MCMILLIN

OFFICE MANAGER

Staff

$107K

40 hrs/wk

Independent contractors

MVM CONTRACTING INC

FIBER INSTALLATION

$481K

Details

EIN410510033
Subsection12
Ruling date1945-07
Formed1940
Employees34
Volunteers0
ROSEAU ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo