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Filing year 2024

STEARNS ELECTRIC ASSOCIATION TRUST

Melrose, Minnesota·EIN 41-1768397·NTEE T70Z · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$203k
Total assets
$69k
Total expenses
$191k
Reported officers
10
Mission

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.

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

CEO - Stearns Electric Association
$116k
$125k
Vice President
vice president
$400
$430
Director
board member
$400
$430
$300
$323
Director
board member
$300
$323
Secretary/treasurer
officer (unspecified)
$300
$323
Director
board member
$300
$323
Director
board member
$300
$323
Director
board member
$300
$323
Director
board member
$200
$215

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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