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Blue Earth Nicollet Faribault Cooperative Electric Association

501(c)
DBA: COOPERATIVE ELECTRIC ASSOCIATION
Other · MANKATO, MN · EIN 41-0155615

About

To safely provide the BEST possible service, at the lowest possible cost, consistent with sound business management.

DBA Cooperative Electric Association

Donations are NOT tax-deductible
Category
Other
Employees
43
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$53.2M
Expenses
$53.2M
Assets
$146.5M
Liabilities
$86.3M

Financial history

$53.9M$27.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $53.2M · Peak FY2023: $53.9M · Avg: $50.2M
BLUE EARTH NICOLLET FARIBAULT COOPERATIVE ELECTRIC ASSOCIATION
Your actions

Address

PO BOX 8
Mankato, MN, 56002-000

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
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.