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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit Freeborn Mower Electric Cooperative

Freeborn Mower Electric Cooperative

Fiscal year ending 2023. Filed on October 7, 2024.

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 2023 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 71 total employees. Among the employees shown here, the average compensation is $202,822. The highest compensated employee at Freeborn Mower Electric Cooperative is James Krueger with fiscal year 2023 compensation of $305,967. Freeborn Mower Electric Cooperative changed its name from Freeborn-Mower Cooperative Services in 2020.

Revenue, expenses, and employee compensation

Revenue

$61,656,883

Expenses

$59,885,004

Employee compensation

$419,240
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Krueger
President and Chief Executive Officer
$305,967
$225,361 No related comp$80,606
Al Stadheim
Director of Engin and Operat
$220,853
$162,105 No related comp$58,748
Jack Kortan
Operations Manager
$212,962
$134,884 No related comp$78,078
Brad Devries
Working Foreman
$163,345
$124,534 No related comp$38,811
Ethan Eggum
Working Foreman
$159,203
$120,544 No related comp$38,659
Scott Sheely
Journeyman Lineworker
$154,601
$118,883 No related comp$35,718

Benchmark Employee Compensation

Non-Employee Board Members

John Jack Korman
Board Chair
$14,107
$14,107 No related compNo other comp
Richard Schaufler
Director
$13,189
$13,189 No related compNo other comp
Frank Fryer
Secretary
$12,686
$12,686 No related compNo other comp
Dennis Anderson
Vice Chair
$12,248
$12,248 No related compNo other comp
Steve Garbisch
Treasurer
$12,209
$12,209 No related compNo other comp
William Trygstad
Director
$11,638
$11,638 No related compNo other comp
Larry Irvine
Director
$11,114
$11,114 No related compNo other comp
Jay Neitzell
Director
$10,914
$10,914 No related compNo other comp
Matt Maras
Director (Started April 2023)
$7,352
$7,352 No related compNo other comp
Joe Pacovsky
Director (Through April 2023)
$4,669
$4,669 No related compNo other comp

Contractors

Asplundh Tree Expert CO Inc.
Tree Clearing
$874,354
E & J Underground LLC
Directional Boring
$805,987
Nisc
Software Support and Maintenance; Billing Print
$416,998
Mastec North America Inc.
Directional Boring
$374,613
Highline Construction Inc.
Line Retirement and Wreckouts
$217,035

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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