NonprofitsSteele Waseca Cooperative Electric

Steele Waseca Cooperative Electric

OWATONNA, MN

Total revenue

$45.0M

Total expenses

$45.0M

Net assets

$51.7M

Grants received

EIN

410558515

Tax year

2024

Mission

Cooperative electric utility

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$43.4M
Investment income$600K
Other revenue$1.1M
Total revenue$45.0M

Expenses

Grants paid
Salaries & benefits$910K
Fundraising
Other expenses$40.9M
Total expenses$45.0M
Total assets$111.5M
Net assets$51.7M

People

16 listed

NameRoleCompensation

SYDNEY R BRIGGS

GENERAL MANAGER

Board

$243K

40 hrs/wk

JON P STELTER

FINANCE MANAGER

Board

$151K

46 hrs/wk

SCOTT J CARLSON

ACTING SEC/TREAS

Board

$36K

8 hrs/wk

RODNEY D KRELL

PRESIDENT

Board

$34K

8 hrs/wk

DENNIS C RINGHOFER

DIRECTOR

Board

$34K

8 hrs/wk

RONALD D SOMMERS

SEC/TREAS

Board

$33K

8 hrs/wk

JOHN R BEAL

DIRECTOR

Board

$31K

8 hrs/wk

GARY W WILSON

DIRECTOR

Board

$31K

8 hrs/wk

GERALDINE G LIENKE

DIRECTOR

Board

$31K

8 hrs/wk

PATRICK J DUCHENE

VICE-PRES

Board

$30K

8 hrs/wk

NEIL R SCHLAAK

DIRECTOR

Board

$30K

8 hrs/wk

DAN H MEIER

OPERATIONS MANAGER

Staff

$161K

40 hrs/wk

KEVIN A KJERSTEN

LINE FOREMAN

Staff

$154K

45 hrs/wk

JACOB D JABLONSKI

LINE FOREMAN

Staff

$147K

45 hrs/wk

ADAM W DAVIS

LINE FOREMAN

Staff

$145K

45 hrs/wk

STEVE E NORDAHL

SYSTEM TECHNICIAN

Staff

$144K

40 hrs/wk

Independent contractors

MIDWEST DIVERSIFIED UTILITIES LLC

UNDERGROUND LINE CONTRACTOR

$939K

CARR'S TREE SERVICE INC

TREE CLEARING

$649K

POWER SYSTEM ENGINEERING INC

ENGINEERING SERVICES

$152K

Details

EIN410558515
Subsection12
Ruling date1938-12
Formed1936
Employees33
Volunteers0
STEELE WASECA COOPERATIVE ELECTRIC — Mission, Financials & Grants Received | Grantivo