Nobles Cooperative Electric

Fiscal year ending 2024. Filed on November 12, 2025.

1505 20th St PO Box 58
Slayton, Minnesota 56172

Nobles Cooperative Electric (EIN: 41-0443755) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Nobles Cooperative Electric, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 27 total employees. Among the employees shown here, the average compensation is $171,318. The highest compensated employee at Nobles Cooperative Electric is Adam Tromblay with fiscal year 2024 compensation of $279,890.

Revenue, expenses, and employee compensation

Revenue

$23,526,248

Expenses

$23,107,188

Employee compensation

$487,046

Reported Compensated Employees

Chief Executive Officer

$210,359 from orgNo related comp$69,531 other

$105,150 from orgNo related comp$64,375 other

Journeyman Lineman

$107,265 from orgNo related comp$58,028 other

Jeffery Ahlschlager

Journeyman Lineman

$105,789 from orgNo related comp$56,603 other

Michael Reemtsma

Chief Financial Officer

$118,413 from orgNo related comp$34,738 other

Journeyman Lineman

$101,228 from orgNo related comp$34,149 other

$107,760 from orgNo related comp$25,837 other

Non-Employee Board Members

Secretary and Treasurer

$11,560 from orgNo related compNo other comp

Timothy Bickett

$8,380 from orgNo related compNo other comp

$8,095 from orgNo related compNo other comp

Ronald Schwartau

$7,930 from orgNo related compNo other comp

$6,445 from orgNo related compNo other comp

Jerry Beckering

$6,180 from orgNo related compNo other comp

$5,415 from orgNo related compNo other comp

Contractors

Star Energy Services LLC

Mission Statement

TO MAINTAIN OUR ELECTRICAL DISTRIBUTION SYSTEM AND PROVIDE ELECTRICITY TO OUR MEMBERS IN RURAL AREAS AND COMMUNITIES IN OUR SERVICE TERRITORY.

Revisions to this organization profile

November 12, 2025:

2024 Nobles Cooperative Electric 990 filed

November 15, 2024:

2023 Nobles Cooperative Electric 990 filed

November 10, 2023:

2022 Nobles Cooperative Electric 990 filed

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