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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 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
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Krueger
President and Chief Executive Officer
$334,509
$244,078 No related comp$90,431
Al Stadheim
Director of Engin and Operations
$233,370
$170,297 No related comp$63,073
Jack Kortan
Operations Manager
$223,786
$141,353 No related comp$82,433
Al Casterton
Working Foreman
$199,209
$135,715 No related comp$63,494
Brad Devries
Working Foreman
$192,655
$152,113 No related comp$40,542
Nicholas Rolfing
Service Representative
$161,486
$146,369 No related comp$15,117

Benchmark Employee Compensation

Non-Employee Board Members

Richard Schaufler
Director
$25,523
$25,523 No related compNo other comp
John Jack Korman
Board Chair
$23,760
$23,760 No related compNo other comp
Steve Garbisch
Treasurer
$20,897
$20,897 No related compNo other comp
Frank Fryer
Secretary
$20,879
$20,879 No related compNo other comp
Matt Maras
Director
$20,067
$20,067 No related compNo other comp
Dennis Anderson
Vice Chair
$19,860
$19,860 No related compNo other comp
Larry Irvine
Director
$19,515
$19,515 No related compNo other comp
William Trygstad
Director
$18,276
$18,276 No related compNo other comp
Jay Neitzell
Director
$16,882
$16,882 No related compNo other comp

Contractors

Asplundh Tree Expert CO Inc.
Tree Trimming
$1,259,971
E & J Underground LLC
Directional Boring
$945,546
Nisc
Software Support and Maintenance; Billing Print
$400,653
Preferred Masonry LLC
Concrete Work in Back Lot of Warehouse
$211,744
Usic Locating Services
Utility Locates
$171,553

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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