Minnesota Rural Electric Associatio N

Organization Overview

Minnesota Rural Electric Associatio N is located in Maple Grove, MN. The organization was established in 1945. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Minnesota Rural Electric Associatio N employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Rural Electric Associatio N is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Minnesota Rural Electric Associatio N generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATION WAS FORMED TO PROVIDE SERVICES TO ITS MEMBERS INCLUDING EDUCATION, JOB TRAINING AND SAFETY, AND LEGISLATIVE AND REGULATOR REPRESENTATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION, JOB TRAINING AND SAFETY PROGRAMS


LEGISLATIVE RELATIONS


MEMBERSHIP SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Darrick Moe
President &
$258,805
Melissa Stachovich
Director-Fin
$148,090
Lidia Dilley Jacobson
Director-Saf
$143,933
Krista Benjamin
Director- Ed
$119,241
Jenny Glumack
Manager-Leg.
$111,985
Wes Waller
Chair
$10,849

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$4,136,290
Investment income $17,750
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,154,040

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Minnesota Rural Electric Associatio N has recieved totaling $25,600.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: EDUCATIONAL FUND-BOARD LEADERSHIP CERTIFICATE DIRECTOR COURSES

$25,600
View Grant Recipient Profile

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