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EIN 41-0266055

Freeborn Mower Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
70
City
Albert Lea
State
Minnesota
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Freeborn-Mower Cooperative Services serves approximately 21,200 members by providing electric power to its members.
Also known as...
Freeborn-Mower Cooperative Services
Total revenues
$62,118,752
2022
Total expenses
$61,090,269
2022
Total assets
$146,099,899
2022
Num. employees
70
2022

Program areas at Freeborn Mower Electric Cooperative

Provide Electric power to the members of the Cooperative which consists of approximately 21,100 members.

Personnel at Freeborn Mower Electric Cooperative

NameTitleCompensation
James KruegerPresident and Chief Executive Officer$215,879
Jim KruegerChief Executive Officer and President
Al StadheimDirector of Engin and Operations$156,517
Jack KortanManager of Operations$131,095
Alan CastertonWorking Foreman$121,274
...and 1 more key personnel

Financials for Freeborn Mower Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$60,707,650
Investment income and dividends$165,252
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-53,062
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-7,001
Miscellaneous revenues$1,305,913
Total revenues$62,118,752

Form 990s for Freeborn Mower Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-05990View PDF
2021-122022-09-08990View PDF
2020-122021-10-19990View PDF
2019-122021-06-08990View PDF
2018-122019-11-22990View PDF
...and 9 more Form 990s

Organizations like Freeborn Mower Electric Cooperative

OrganizationLocationRevenue
Semo Electric CooperativeSikeston, MO$43,598,236
Crow Wing Cooperative Power and LightBrainerd, MN$91,498,148
Roanoke Electric Membership CorporationAulander, NC$50,932,357
Oconee Electric Membership CorporationDudley, GA$34,153,511
Claiborne Electric CooperativeHomer, LA$65,842,687
East Central EnergyBraham, MN$136,415,496
Three Rivers Electric CooperativeLinn, MO$48,189,109
Mountain Electric CooperativeMountain City, TN$72,876,656
Mid-Carolina Electric Cooperative Attn Theresa CrepesLexington, SC$144,829,639
Lake Country PowerCohasset, MN$110,864,875
Data update history
October 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 27, 2023
Updated personnel
Identified 1 new personnel
October 23, 2023
Used new vendors
Identified 1 new vendor, including
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
National level
General information
Address
3366 Bridge Ave
Albert Lea, MN 56007
County
Freeborn County, MN
Website URL
fmec.coop/ 
Phone
(507) 373-6421
IRS details
EIN
41-0266055
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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