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 · Part VII & Schedule J · 10 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.
| Position | Total |
|---|---|
CEO - Stearns Electric Association Median to 75th percentile | $116k $125k |
Vice President Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $400 $430 |
Director Board Member Below 10th percentile | $400 $430 |
Director Board Member Below 10th percentile | $300 $323 |
President Below 10th percentile | $300 $323 |
Director Board Member Below 10th percentile | $300 $323 |
Secretary/treasurer Officer (Unspecified) | $300 $323 |
Director Board Member Below 10th percentile | $300 $323 |
Director Board Member Below 10th percentile | $300 $323 |
Director Board Member Below 10th percentile | $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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at STEARNS ELECTRIC ASSOCIATION TRUST equaled 61% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about STEARNS ELECTRIC ASSOCIATION TRUST
What does the Chief Executive Officer of STEARNS ELECTRIC ASSOCIATION TRUST earn?
In 2024, the Chief Executive Officer of STEARNS ELECTRIC ASSOCIATION TRUST received $116,317 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at STEARNS ELECTRIC ASSOCIATION TRUST compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at STEARNS ELECTRIC ASSOCIATION TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at STEARNS ELECTRIC ASSOCIATION TRUST equaled 61% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are STEARNS ELECTRIC ASSOCIATION TRUST's revenue and expenses?
In 2024, STEARNS ELECTRIC ASSOCIATION TRUST reported $203k in total revenue and $191k in total expenses on its IRS Form 990.
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