Stearns Electric Association Trust

MELROSE, MN EIN: 41-1768397 Website

TO SERVE AS RESPONSIBLE STEWARDS OF THE GENEROSITY OF STEARNS ELECTRIC ASSOCIATION MEMBER-CONSUMERS AND DISTRIBUTE GRANT FUNDS IN A MANNER THAT ENHANCES THE OVERALL QUALITY OF LIFE IN OUR LOCAL COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$69K

Annual Giving

$5K

Grant Count

1

Avg Grant Size

$5K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56K$111K$167K$223K201920202021202220232024
Metric202420232022
Total Assets$68,847
Revenue$202,713$178,354$172,813
Expenses$190,953$169,785$171,556
Qualifying Distributions
Net Investment Income$459
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K0 grants20190 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

JACK'S BASKET$5K

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Stearns Electric Association Trust fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARCY JOHNSONVICE PRESIDENT$400CHRIS BERGMANDIRECTOR$400RONALD PAULSENPRESIDENT$300JEN HEINENSECRETARY/TREASURER$300AL POSERDIRECTOR$300MEREDITH ULRICHDIRECTOR$300DAVID CEBULLADIRECTOR$300ANN REISCHLDIRECTOR$300STEVE GUDGELLDIRECTOR$200

From 2024 filing

NameTitleHoursCompensation
RONALD PAULSENPRESIDENT0.29$300
MARCY JOHNSONVICE PRESIDENT0.33$400
JEN HEINENSECRETARY/TREASURER0.33$300
AL POSERDIRECTOR0.31$300
CHRIS BERGMANDIRECTOR0.29$400
STEVE GUDGELLDIRECTOR0.25$200
MEREDITH ULRICHDIRECTOR0.29$300
DAVID CEBULLADIRECTOR0.31$300
ANN REISCHLDIRECTOR0.29$300
MATT O'SHEACEO - STEARNS ELECTRIC ASSOCIATION

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

ARDEN HILLS

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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