Public Charity

BLUE EARTH-NICOLLET-FARIBAULT COOPERATIVE ELECTRIC ASSOCIATION

BLUE EARTH-NICOLLET-FARIBAULT COOPERATIVE ELECTRIC ASSOCIATION is a Public Charity headquartered in MANKATO, MN. Financial data from the 2025 filing: $56.4M revenue, $57.0M expenses, $151.7M total assets.

EIN: 410155615 MANKATO, MN Latest filing: 2025
Total Revenue$56.4M
Total Expenses$57.0M
Total Assets$151.7M
Grant Records0
Filing Years2021–2025

Mission

TO SAFELY PROVIDE THE BEST POSSIBLE SERVICE, AT THE LOWEST POSSIBLE COST, CONSISTENT WITH SOUND BUSINESS MANAGEMENT.

Officers & Directors

FINANCE MANAGER Abby Dahms
SECRETARY Blake Meshke
DIRECTOR Bradley Leiding
CREW CHIEF Christopher Becthold
DIRECTOR David Lein
CEO David Sunderman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $56.4M $57.0M $151.7M
2024 $53.2M $53.2M $146.5M
2023 $53.9M $53.9M $144.4M
2022 $53.8M $53.8M $137.8M
2021 $49.7M $45.9M $123.8M

Between 2021 and 2025, reported annual revenue grew from $49.7M to $56.4M (+13%), with total assets most recently reported at $151.7M.

Interactive year-over-year charts and full filing details available with membership.

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