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Stearns Cooperative Electric Association

501(c)
Other · MELROSE, MN · EIN 41-0558175

About

Generation and purchase of electricity for distribution and sale on a cooperative basis to members.

Donations are NOT tax-deductible
Category
Other
Employees
86
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$71.5M
Expenses
$71.5M
Assets
$190.4M
Liabilities
$106.8M

Financial history

$71.5M$35.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $71.5M · Avg: $63.2M
STEARNS COOPERATIVE ELECTRIC ASSOCIATION
Your actions

Address

700 Kraft DR SE
Melrose, MN, 56352-000

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.