Public Charity

NORTH STAR ELECTRIC COOP

NORTH STAR ELECTRIC COOP is a nonprofit organization categorized as Public Charity based in BAUDETTE, MN. Its most recent IRS filing (2025) reports revenue of $17.3M, expenses of $17.3M, total assets of $45.8M.

EIN: 410449191 BAUDETTE, MN Latest filing: 2025
Total Revenue$17.3M
Total Expenses$17.3M
Total Assets$45.8M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE SAFE, RELIABLE ELECTRIC SERVICES TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE.

Officers & Directors

DIRECTOR Douglas King
SUB-FOREMAN Jesse Huot
GENERAL MANAGER Kevin Holen
VICE PRESIDENT Michael Hanson
SUB-FOREMAN Preston Kennedy
DIRECTOR Randall Bergan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $17.3M $17.3M $45.8M
2024 $16.2M $16.2M $43.9M
2023 $16.1M $16.1M $42.2M
2022 $16.6M $16.6M $42.2M
2021 $15.3M $15.3M $41.3M

Between 2021 and 2025, reported annual revenue grew from $15.3M to $17.3M (+13%), with total assets most recently reported at $45.8M.

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

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