Freeborn Mower Electric Cooperative
PROVIDE ELECTRIC POWER TO THE MEMBERS OF THE COOPERATIVE WHICH CONSISTS OF APPROXIMATELY 17,765 MEMBERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$159.2M
+5.3% YoY
Annual Giving
$30K
Grant Count
1
Avg Grant Size
$30K
About Freeborn Mower Electric Cooperative
Based on IRS filings
Freeborn Mower Electric Cooperative is a nonprofit organization focused on Mutual/Membership Benefit, based in ALBERT LEA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $159.2M in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $114K.
Focus Areas
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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 | $159,183,214 | $151,110,003 | $146,099,899 |
| Revenue | $60,266,711 | $61,656,883 | $62,118,752 |
| Expenses | $60,093,840 | $59,885,004 | $61,090,269 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $114,118 | $138,353 | $112,190 |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Freeborn Mower Electric Cooperative
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN JACK KORMAN | BOARD CHAIR | 8 | $23,760 |
| STEVE GARBISCH | TREASURER | 3 | $20,897 |
| MATT MARAS | DIRECTOR | 6 | $20,067 |
| DENNIS ANDERSON | VICE CHAIRMAN | 4 | $19,860 |
| FRANK FRYER | SECRETARY | 3 | $20,879 |
| LARRY IRVINE | DIRECTOR | 4 | $19,515 |
| WILLIAM TRYGSTAD | DIRECTOR | 5 | $18,276 |
| RICHARD SCHAUFLER | DIRECTOR | 10 | $25,523 |
| JAY NEITZELL | DIRECTOR | 3 | $16,882 |
| JAMES KRUEGER | PRESIDENT/CEO | 45 | $244,078 |
| NICHOLAS ROLFING | SERVICE REPRESENTATIVE | 48 | $146,369 |
| JACK KORTAN | MANAGER OF OPERATIONS | 40 | $141,353 |
| BRAD DEVRIES | WORKING FOREMAN | 50 | $152,113 |
| AL STADHEIM | DIRECTOR OF ENGIN & OPERATIONS | 40 | $170,297 |
| AL CASTERTON | WORKING FOREMAN | 48 | $135,715 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Freeborn Mower Electric Cooperative on Grantable?
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