Freeborn Mower Electric Cooperative

Fiscal year ending 2024. Filed on November 10, 2025.

3366 Bridge Ave
Albert Lea, Minnesota 56007

Freeborn Mower Electric Cooperative (EIN: 41-0266055) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Freeborn Mower Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 70 total employees. Among the employees shown here, the average compensation is $224,169. The highest compensated employee at Freeborn Mower Electric Cooperative is James Krueger with fiscal year 2024 compensation of $334,509. Freeborn Mower Electric Cooperative changed its name from Freeborn-Mower Cooperative Services in 2020.

Revenue, expenses, and employee compensation

Revenue

$60,266,711

Expenses

$60,093,840

Employee compensation

$520,247

Reported Compensated Employees

President and Chief Executive Officer

$244,078 from orgNo related comp$90,431 other

Director of Engin and Operations

$170,297 from orgNo related comp$63,073 other

Operations Manager

$141,353 from orgNo related comp$82,433 other

Working Foreman

$135,715 from orgNo related comp$63,494 other

＋17.9%vs 2023

Working Foreman

$152,113 from orgNo related comp$40,542 other

Nicholas Rolfing

Service Representative

$146,369 from orgNo related comp$15,117 other

Non-Employee Board Members

＋93.5%vs 2023

Richard Schaufler

$25,523 from orgNo related compNo other comp

＋68.4%vs 2023

John Jack Korman

$23,760 from orgNo related compNo other comp

＋71.2%vs 2023

$20,897 from orgNo related compNo other comp

＋64.6%vs 2023

$20,879 from orgNo related compNo other comp

＋172.9%vs 2023

$20,067 from orgNo related compNo other comp

＋62.1%vs 2023

Dennis Anderson

$19,860 from orgNo related compNo other comp

＋75.6%vs 2023

$19,515 from orgNo related compNo other comp

＋57.0%vs 2023

William Trygstad

$18,276 from orgNo related compNo other comp

＋54.7%vs 2023

$16,882 from orgNo related compNo other comp

Contractors

＋44.1%vs 2023

Asplundh Tree Expert CO Inc.

＋17.3%vs 2023

E & J Underground LLC

Directional Boring

Software Support and Maintenance; Billing Print

Preferred Masonry LLC

Concrete Work in Back Lot of Warehouse

Usic Locating Services

Utility Locates

Mission Statement

PROVIDE ELECTRIC POWER TO THE MEMBERS OF THE COOPERATIVE WHICH CONSISTS OF APPROXIMATELY 17,765 MEMBERS.

Revisions to this organization profile

November 10, 2025:

2024 Freeborn Mower Electric Cooperative 990 filed

October 7, 2024:

2023 Freeborn Mower Electric Cooperative 990 filed

September 5, 2023:

2022 Freeborn Mower Electric Cooperative 990 filed

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