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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 Stearns Cooperative Electric Association

Stearns Cooperative Electric Association

Fiscal year ending 2023. Filed on October 11, 2024.

900 Kraft Dr SE PO Box 40
Melrose, Minnesota 56352

Stearns Cooperative Electric Association (EIN: 41-0558175), also known as Stearns Electric Association, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Stearns Cooperative Electric Association, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 84 total employees. Among the employees shown here, the average compensation is $241,456. The highest compensated employee at Stearns Cooperative Electric Association is Matt O'Shea with fiscal year 2023 compensation of $338,710.

Revenue, expenses, and employee compensation

Revenue

$68,934,211

Expenses

$68,934,211

Employee compensation

$982,606
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matt O'Shea
Chief Executive Officer
$338,710
$246,380 No related comp$92,330
Victoria Herkenhoff
Vice President of Administration and Finance
$273,747
$184,790 No related comp$88,957
Glenn Blommel
Operations Manager
$257,910
$173,020 No related comp$84,890
James Pachan
Vice President of Engineering and Operations
$243,674
$165,708 No related comp$77,966
Ryan Zierden
Information Technology Manager
$221,008
$156,733 No related comp$64,275
Cindy Anderson
Manager of Finance
$219,340
$143,477 No related comp$75,863
Darla Honkomp
Manager of Member Accounts
$202,787
$131,248 No related comp$71,539
Jacob Dooner
Line Superintendent
$174,473
$127,209 No related comp$47,264

Benchmark Employee Compensation

Non-Employee Board Members

Eric Peterson
President and Director
$16,375
$16,375 No related compNo other comp
Michael Cramer
Treasurer and Secretary and Director
$14,875
$14,875 No related compNo other comp
Jerome Fries
Director
$13,675
$13,675 No related compNo other comp
Greg Blaine
Director
$13,675
$13,675 No related compNo other comp
Jeff Koehler
Director
$13,675
$13,675 No related compNo other comp
Robert Niehaus
Director
$13,675
$13,675 No related compNo other comp
Randall Rothstein
Vice President and Director
$13,675
$13,675 No related compNo other comp
Arlyn Lawrenz
Director
$13,425
$13,425 No related compNo other comp
Scott Dirkes
Director
$9,250
$9,250 No related compNo other comp
Lawrence Iverson
Director
$4,175
$4,175 No related compNo other comp

Contractors

Carr's Tree Service Inc.
Tree Clearing
$1,461,080
Integrity Contracting Inc.
Underground Power Line Utility Contracto
$966,878
National Info Solution Cooperative
Software Services/Support
$475,448
Star Energy Services LLC
Pole Testing and Gis
$232,236
Central Applicators Inc.
Right of Way Foliar Treatment
$171,036

Mission Statement

GENERATION AND PURCHASE OF ELECTRICITY FOR DISTRIBUTION AND SALE ON A COOPERATIVE BASIS TO MEMBERS.

Revisions to this organization profile

October 6, 2025:
2024 Stearns Cooperative Electric Association 990 filed
October 11, 2024:
2023 Stearns Cooperative Electric Association 990 filed
October 30, 2023:
2022 Stearns Cooperative Electric Association 990 filed

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