NonprofitsStearns Cooperative Electric Association

Stearns Cooperative Electric Association

MELROSE, MN

Total revenue

$71.5M

Total expenses

$71.5M

Net assets

$83.7M

Grants received

EIN

410558175

Tax year

2024

Mission

Generation and purchase of electricity for distribution on a cooperative basis to members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$68.9M
Investment income$559K
Other revenue$2.0M
Total revenue$71.5M

Expenses

Grants paid
Salaries & benefits$840K
Fundraising
Other expenses$64.0M
Total expenses$71.5M
Total assets$190.4M
Net assets$83.7M

People

16 listed

NameRoleCompensation

MATTHEW O'SHEA

CEO

Board

$281K

45 hrs/wk

ERIC PETERSON

PRESIDENT

Board

$21K

8 hrs/wk

MICHAEL CRAMER

SECRETARY/TREASURER

Board

$21K

7 hrs/wk

SCOTT DIRKES

DIRECTOR

Board

$19K

8 hrs/wk

RANDALL ROTHSTEIN

VICE PRESIDENT

Board

$17K

5 hrs/wk

GREG BLAINE

DIRECTOR

Board

$16K

5 hrs/wk

ARLYN LAWRENZ

DIRECTOR

Board

$16K

8 hrs/wk

ROBERT NIEHAUS

DIRECTOR

Board

$16K

6 hrs/wk

JEROME FRIES

DIRECTOR

Board

$16K

7 hrs/wk

JEFF KOEHLER

DIRECTOR

Board

$16K

6 hrs/wk

VICTORIA A HERKENHOFF

VP OF ADMINISTRATION AND FINANCE

Staff

$192K

45 hrs/wk

GLENN BLOMMEL

MANAGER OF OPERATIONS

Staff

$177K

48 hrs/wk

RYAN ZIERDEN

MANAGER OF IT

Staff

$164K

50 hrs/wk

CINDY ANDERSON

MANAGER OF FINANCE

Staff

$150K

45 hrs/wk

JAMES TURNER

MANAGER OF ENGINEERING

Staff

$147K

43 hrs/wk

JACOB RONNING

JOUNEYMAN LINEMAN

Staff

$143K

47.27 hrs/wk

Independent contractors

CARR'S TREE SERVICE

TREE CLEARING

$1.8M

GLT ARCHITECTS (GLTA)

ARCHITECT SERVICES

$994K

INTEGRITY CONTRACTING INC

UNDERGROUND POWER LINE UTILITY CONTRACTI

$928K

NATIONAL INFO SOLUTION COOP

SOFTWARE SERVICE SUPPORT

$483K

JOHNSON LOCATING SERVICE INC

CABLE LOCATES

$271K

Details

EIN410558175
Subsection12
Ruling date1939-03
Formed1937
Employees86
Volunteers0
STEARNS COOPERATIVE ELECTRIC ASSOCIATION — Mission, Financials & Grants Received | Grantivo