Nonpartisan civic infrastructure
AllCiv·Legis1
·

Agralite Electric Cooperative

501(c)
Other · BENSON, MN · EIN 41-0560428

About

To provide safe, reliable electric service and other related products to improve the quality of life in our region.

Donations are NOT tax-deductible
Category
Other
Employees
28
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$26.5M
Expenses
$25.8M
Assets
$80.3M
Liabilities
$47.9M

Financial history

$27.0M$13.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $26.5M · Peak FY2023: $27.0M · Avg: $24.6M
AGRALITE ELECTRIC COOPERATIVE
Your actions

Address

PO BOX 228
Benson, MN, 56215-022

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.