Minnesota Rural Electric Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410417193 ✦ Maple grove, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Rural Electric Association?

The Minnesota Rural Electric Association is a nonprofit organization situated in Maple Grove, Minnesota. Its primary mission is to serve its members through various initiatives, including education, job training, and safety programs, as well as advocating for them in legislative and regulatory matters. The association fosters strong relationships with lawmakers and offers education and safety programs to reinforce safety standards within its member organizations. In essence, the Minnesota Rural Electric Association acts as a supportive network for its rural electric cooperatives, ensuring they have the resources and representation they need to thrive.

Is Minnesota Rural Electric Association legitimate?

Minnesota Rural Electric Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Rural Electric Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $647,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,222,270

For more financial information, click here

What is the mission statement of Minnesota Rural Electric Association?

The Minnesota Rural Electric Association was established with the purpose of serving its members. Its mission encompasses providing education, job training, and safety programs, as well as representing its members in legislative and regulatory matters. The organization actively engages in fostering relationships with legislators and advocating on behalf of its members, ensuring their interests are represented effectively. It also offers various programs aimed at promoting safety and education within the community.

Who is the CEO of Minnesota Rural Electric Association?

Darrick Moe is the President & of Minnesota Rural Electric Association.

What is the revenue of Minnesota Rural Electric Association?

Minnesota Rural Electric Association's revenue in 2022 was $4,674,458.

Who are the executives of Minnesota Rural Electric Association and what are their salaries?

The average compensation at Minnesota Rural Electric Association during 2022 was $103,852. There are 18 employees at Minnesota Rural Electric Association.


Here are 20 key members and their salaries:


Darrick Moe (President &)
  • Compensation: $272,228
  • Related: $0
  • Other: $78,587
Mike Bull (Director- Go)
  • Compensation: $199,661
  • Related: $0
  • Other: $22,265
Melissa Stachovich (Director-Fin)
  • Compensation: $154,079
  • Related: $0
  • Other: $45,223
Lidia Dilley Jacobson (Director-Saf)
  • Compensation: $162,937
  • Related: $0
  • Other: $21,358
Jenny Glumack (Manager-Leg.)
  • Compensation: $120,180
  • Related: $0
  • Other: $36,461
Wes Waller (Chair)
  • Compensation: $13,017
  • Related: $0
  • Other: $0
Jeff Nornes (Director)
  • Compensation: $9,681
  • Related: $0
  • Other: $0
Warren Rau (Treasurer)
  • Compensation: $8,532
  • Related: $0
  • Other: $0
Tim Velde (Director)
  • Compensation: $7,296
  • Related: $0
  • Other: $0
Ken Fiereck (Second Vice)
  • Compensation: $7,279
  • Related: $0
  • Other: $0
Richard Coe (First Vice C)
  • Compensation: $7,141
  • Related: $0
  • Other: $0
Ronald Schwartau (Director)
  • Compensation: $6,612
  • Related: $0
  • Other: $0
Ron Stevens (Secretary)
  • Compensation: $6,266
  • Related: $0
  • Other: $0
John Wells (Director)
  • Compensation: $6,183
  • Related: $0
  • Other: $0
Jerry Tvedt (Director)
  • Compensation: $6,114
  • Related: $0
  • Other: $0
James Connelly (Director)
  • Compensation: $6,049
  • Related: $0
  • Other: $0
Stacy Miller (Director)
  • Compensation: $5,900
  • Related: $0
  • Other: $0
Aileen Demenge (Director)
  • Compensation: $5,819
  • Related: $0
  • Other: $0
Sandy Ludeman (Director)
  • Compensation: $5,782
  • Related: $0
  • Other: $0
Barbara Welty (Director)
  • Compensation: $1,110
  • Related: $0
  • Other: $0
Where can I find the form 990 for Minnesota Rural Electric Association?

Minnesota Rural Electric Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Minnesota Rural Electric Association

The Minnesota Rural Electric Association, a notable organization, was established with a mission to serve its members. Its primary objective is to provide a range of services, including education, job training, and safety, as well as advocating on behalf of its members in legislative and regulatory matters. The association aims to enhance the capabilities of its members through educational programs and fostering a safe work environment. By maintaining strong relationships with legislators, the Minnesota Rural Electric Association ensures that the interests and concerns of its members are represented effectively.

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Impact




October, 2024

The Minnesota Rural Electric Association plays a vital role in enhancing the quality and safety of electric services in the region. By offering education, job training, and safety programs, the organization ensures that its members are well-equipped to meet industry standards and best practices.

Furthermore, the association actively engages in legislative and regulatory representation, fostering strong relationships with policymakers to advocate for the interests of its members. This commitment not only supports the local electric cooperatives but also improves community welfare across Minnesota. Through its diverse programs and advocacy efforts, the Minnesota Rural Electric Association significantly contributes to community improvement and the overall development of rural electric services.




This information is meant to be a general summary of Minnesota Rural Electric Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,674,458 (2022)
Expenses
$4,521,431 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,811
  • Program Service Revenue: $4,644,647
  • Gross Receipts: $4,674,458

Assets and Liabilities:

  • Total Assets: $3,072,813
  • Total Liabilities: $599,527
  • Net Assets: $2,473,286

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$2,619,811

EDUCATION & LOSS CONTROL

Revenue

$2,024,836

Organization Details

Founding Year

1940

Principal Officer

Darrick Moe

Main Address

11640 73RD AVENUE NORTH, MAPLE GROVE, MN, 55369

NTEE Category

Code: S41 - Community improvement

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