NonprofitsTraverse Electric Cooperative Inc

Traverse Electric Cooperative Inc

WHEATON, MN

Total revenue

$14.4M

Total expenses

$14.4M

Net assets

$18.8M

Grants received

EIN

410581955

Tax year

2024

Mission

An electric cooperative providing electric service to members at the lowest possible cost.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$13.5M
Investment income$215K
Other revenue$719K
Total revenue$14.4M

Expenses

Grants paid
Salaries & benefits$327K
Fundraising
Other expenses$13.0M
Total expenses$14.4M
Total assets$43.6M
Net assets$18.8M

People

15 listed

NameRoleCompensation

JEREMY HUHNSTOCK

GENERAL MANAGER

Board

$196K

45 hrs/wk

MICHAEL MARKS

TREASURER

Board

$8K

4 hrs/wk

TERRY MONSON

DIRECTOR

Board

$7K

3 hrs/wk

MICHAEL GAULRAPP

DIRECTOR

Board

$6K

3 hrs/wk

MATTHEW GLYNN

SECETARY

Board

$6K

3 hrs/wk

DOUG DIEKMANN

PRESIDENT

Board

$5K

3 hrs/wk

JARED HAMLING

DIRECTOR

Board

$5K

2 hrs/wk

BRADLEY RUDOLPH

DIRECTOR

Board

$5K

2 hrs/wk

STACY EHLERS

DIRECTOR

Board

$5K

2 hrs/wk

TOM FRISCH

VICE PRESIDENT

Board

$3K

2 hrs/wk

DALE SCHWAGEL

OPERATIONS MANAGER

Staff

$127K

46 hrs/wk

KAREN LUPKES

OFFICE MANAGER

Staff

$124K

44 hrs/wk

RICHARD DAVIS

JOURNEY LINEWORKER/LINE FOREMAN

Staff

$108K

44 hrs/wk

LONNIE TEKRONY

JOURNEY LINEWORKER

Staff

$101K

44 hrs/wk

JOSEPH GAHLON

JOURNEY LINEWORKER

Staff

$101K

43 hrs/wk

Independent contractors

STAR ENERGY SERVICES

SAFETY & IT SERVICES, ENGINEERING, MAPPI

$201K

INTEGRITY CONTRACTING INC

CONTRACTED LINE CONSTRUCTION AND BORING

$200K

CARR'S TREE SERVICE INC

CONTRACTED TREE TRIMMING SERVICES

$198K

Details

EIN410581955
Subsection12
Ruling date1942-02
Formed1940
Employees18
Volunteers0
TRAVERSE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo