Federated Rural Electric
FEDERATED RURAL ELECTRIC ASSOCIATION IS COMMITTED TO PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY AND OTHER ESSENTIAL SERVICES TO OUR MEMBER-OWNERS, WHILE ENHANCING THE LIVES OF THOSE WE SERVE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88.5M
+7.5% YoY
Revenue
$41.7M
-4.3% YoY
Net Investment Income
$323K
-4.5% YoY
Expenses
$41.5M
-1.8% YoY
About Federated Rural Electric
Based on IRS filings
Federated Rural Electric is a nonprofit organization, based in JACKSON, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $88.5M in total assets. Net investment income was $323K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $88,539,380 | $82,382,527 | $81,081,160 |
| Revenue | $41,746,812 | $43,636,170 | $40,566,669 |
| Expenses | $41,458,715 | $42,236,380 | $40,252,521 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $323,301 | $338,641 | $127,382 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID HANSEN | PRESIDENT (THROUGH DECEMBER 2024) | 4 | $16,200 |
| DARVIN VOSS | SECRETARY/TREASURER | 3 | $13,950 |
| SCOTT THIESSE | DIRECTOR | 6 | $13,800 |
| BRUCE BROCKMANN | DIRECTOR | 4 | $13,050 |
| GLENN DICKS | DIRECTOR | 4 | $12,300 |
| DAVID MESCHKE | VICE PRESIDENT | 3 | $11,400 |
| JON SAXEN | DIRECTOR | 3 | $10,350 |
| TYLER AYERS | DIRECTOR (START NOVEMBER 2024) | 3 | $3,013 |
| SCOTT REIMER | GENERAL MANAGER | 40 | $232,352 |
| JULIE RESCH | CFO/OFFICE MANAGER | 40 | $110,627 |
| MATT MADDEN | OPERATIONS MANAGER | 40 | $112,680 |
| ALEX C KUNZ | LINEMAN | 40 | $111,203 |
| BRANDON CLARKE | WELCOME FOREMAN | 40 | $108,420 |
| CASEY L SCHOELLERMAR | LINEMAN | 40 | $106,780 |
| CHRIS BORCHARDT | LINEMAN | 40 | $106,520 |
Frequently Asked Questions
How large is Federated Rural Electric?
As of 2024, Federated Rural Electric holds $88.5M in total assets with $41.7M in annual revenue.
Where does Federated Rural Electric operate?
Federated Rural Electric has awarded grants in Minnesota.
What is Federated Rural Electric's EIN?
Federated Rural Electric's EIN (Employer Identification Number) is 41-0252540. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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