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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 Philanthropy, Voluntarism & Grantmaking Stearns Electric Association Trust

Stearns Electric Association Trust

Fiscal year ending 2024. Filed on March 19, 2025.

900 Kraft Dr SE PO Box 40
Melrose, Minnesota 56352

Stearns Electric Association Trust (EIN: 41-1768397) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Stearns Electric Association Trust, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $396,865. The highest compensated employee at Stearns Electric Association Trust is Matt O'Shea with fiscal year 2024 compensation of $396,865.

Revenue, expenses, and employee compensation

Revenue

$202,713

Expenses

$190,953

Employee compensation

$2,800
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matt O'Shea
CEO - Stearns Electric Association
$396,865
$0 $280,548 $116,317

Benchmark Employee Compensation

Non-Employee Board Members

Chris Bergman
Director
$400
$400 No related compNo other comp
Marcy Johnson
Vice President
$400
$400 No related compNo other comp
Ann Reischl
Director
$300
$300 No related compNo other comp
David Cebulla
Director
$300
$300 No related compNo other comp
Jen Heinen
Secretary and Treasurer
$300
$300 No related compNo other comp
Meredith Ulrich
Director
$300
$300 No related compNo other comp
Ronald Paulsen
President
$300
$300 No related compNo other comp
Al Poser
Director
$300
$300 No related compNo other comp
Steve Gudgell
Director
$200
$200 No related compNo other comp

Mission Statement

TO SERVE AS RESPONSIBLE STEWARDS OF THE GENEROSITY OF STEARNS ELECTRIC ASSOCIATION MEMBER-CONSUMERS AND DISTRIBUTE GRANT FUNDS IN A MANNER THAT ENHANCES THE OVERALL QUALITY OF LIFE IN OUR LOCAL COMMUNITY.

Revisions to this organization profile

March 19, 2025:
2024 Stearns Electric Association Trust 990 filed
April 10, 2024:
2023 Stearns Electric Association Trust 990 filed
May 5, 2023:
2022 Stearns Electric Association Trust 990 filed

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