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Traverse Electric Cooperative INC

501(c)
Other · WHEATON, MN · EIN 41-0581955

About

To provide electric service at the lowest possible rates, consistent with sound business principles.

Donations are NOT tax-deductible
Category
Other
Employees
18
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$14.4M
Expenses
$14.4M
Assets
$43.6M
Liabilities
$24.8M

Financial history

$14.7M$7.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $14.4M · Peak FY2023: $14.7M · Avg: $12.7M
TRAVERSE ELECTRIC COOPERATIVE INC
Your actions

Address

6590 State Highway 27
Wheaton, MN, 56296-500

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
990 reviewed by boardNo

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.