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EIN 41-0558515

Steele-Waseca Cooperative Electric

IRS 501(c) type
501(c)(12)
Num. employees
32
City
Owatonna
State
Minnesota
Year formed
1936
Most recent tax filings
2023-12-01
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
Description
Steele-Waseca Cooperative Electric serves as your Touchstone Energy Cooperative, delivering a range of services that enhance member experience through safety and education on electricity, agriculture, power outages, and renewable energy. The cooperative offers programs like rebates, tree clearance, and residential support while ensuring competitive, reliable quality service to its membership.
Total revenues
$45,660,073
2023
Total expenses
$45,660,073
2023
Total assets
$110,810,113
2023
Num. employees
32
2023

Program areas at Steele-Waseca Cooperative Electric

Sale of electricity to members.

Personnel at Steele-Waseca Cooperative Electric

NameTitleCompensation
Syd BriggsGeneral Manager
Dan MeierOperations Manager / Line Superintendent$142,640
David LundbergFinance Manager$150,588
Jon StelterFinance Manager / Controller$145,554
Chad HendersonLine Foreman / Line Foreman / Line Technician$131,847
...and 7 more key personnel

Financials for Steele-Waseca Cooperative Electric

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$43,242,331
Investment income and dividends$547,841
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,254
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,864,647
Total revenues$45,660,073

Form 990s for Steele-Waseca Cooperative Electric

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-02990View PDF
2021-122022-10-19990View PDF
2020-122021-06-30990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like Steele-Waseca Cooperative Electric

OrganizationLocationRevenue
North Alabama Electric CooperativeStevenson, AL$59,602,382
Eau Claire Energy CooperativeFall Creek, WI$28,972,086
Central Electric Power AssociationCarthage, MS$108,914,730
Rea Energy CooperativeIndiana, PA$53,733,786
Hood River Electric and Internet CooperativeOdell, OR$13,649,328
DirectLinkMT Angel, OR$23,372,786
Mid Century Telephone Co-OperativeFairview, IL$13,206,738
Hardy TelecommunicationsLost River, WV$14,172,757
North Central Telephone CooperativeLafayette, TN$45,173,129
Ninestar ConnectGreenfield, IN$58,752,932
Data update history
December 19, 2024
Updated personnel
Identified 4 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 24, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
2411 W Bridge St PO Box 485
Owatonna, MN 55060
County
Steele County, MN
Website URL
swce.coop/ 
Phone
(507) 451-7340
IRS details
EIN
41-0558515
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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