Public Charity

STEARNS COOPERATIVE ELECTRIC ASSOCIATION

STEARNS COOPERATIVE ELECTRIC ASSOCIATION is a Public Charity headquartered in MELROSE, MN. Financial data from the 2024 filing: $71.5M revenue, $71.5M expenses, $190.4M total assets.

EIN: 410558175 MELROSE, MN Latest filing: 2024

Total Revenue$71.5M

Total Expenses$71.5M

Total Assets$190.4M

Grant Records0

Filing Years2020–2024

Mission

GENERATION AND PURCHASE OF ELECTRICITY FOR DISTRIBUTION AND SALE ON A COOPERATIVE BASIS TO MEMBERS.

Officers & Directors

DIRECTOR Arlyn Lawrenz

MANAGER OF FINANCE Cindy Anderson

PRESIDENT Eric Peterson

MANAGER OF OPERATIONS Glenn Blommel

DIRECTOR Greg Blaine

JOUNEYMAN LINEMAN Jacob Ronning

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$71.5M	$71.5M	$190.4M
2023	$68.9M	$68.9M	$164.4M
2022	$64.4M	$64.4M	$157.9M
2021	$65.4M	$65.4M	$154.0M
2020	$61.3M	$61.3M	$147.7M

Between 2020 and 2024, reported annual revenue grew from $61.3M to $71.5M (+17%), with total assets most recently reported at $190.4M.

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

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