Public Charity

Mille Lacs Energy Cooperative

Mille Lacs Energy Cooperative, of Aitkin, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $32.3M in revenue, $31.6M in expenses, $107.5M in total assets.

EIN: 410411772 Aitkin, MN Public Utilities NTEE: W80 Latest filing: 2024
Total Revenue$32.3M
Total Expenses$31.6M
Total Assets$107.5M
Grant Records0
Filing Years2020–2024

Mission

It is our mission to responsibly provide reliable, competitively priced energy, services and products to meet the needs of our members and customers.

Officers & Directors

Secretary/Treasurer Aileen Demenge
Lineman Anthony Klee
Assist Secretary/Treasurer Bruce Robinson
Lineman Calvin Seguin
Director (As of May 2024) Carol Pundt
Operations Manager Cory Brix

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $32.3M $31.6M $107.5M
2023 $32.5M $31.7M $100.8M
2022 $29.2M $28.8M $89.0M
2021 $29.7M $29.5M $86.8M
2020 $28.3M $27.8M $82.3M

Between 2020 and 2024, reported annual revenue grew from $28.3M to $32.3M (+14%), with total assets most recently reported at $107.5M.

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

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