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Mille LACS Energy Cooperative

501(c)Fed auditsIRS 990
Research & Policy · AITKIN, MN · EIN 41-0411772

About

It is our mission to responsibly provide reliable, competitively priced energy, services and products to meet the needs of our members and customers.

Donations are NOT tax-deductible
Category
Research & Policy
Employees
53
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$32.3M
Expenses
$31.6M
Assets
$107.5M
Liabilities
$70.3M

Financial history

$32.5M$16.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $32.3M · Peak FY2023: $32.5M · Avg: $28.8M
MILLE LACS ENERGY COOPERATIVE
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Address

23483 Us Highway 169
Aitkin, MN, 56431-618

Governance

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

Compensation practices

Severance paymentsYes
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.