Freeborn Mower Electric Cooperative logo

Freeborn Mower Electric Cooperative

Public charity · Grantmaker Albert Lea, MN EIN: 41-0266055 Website

Provide electric power to the members of the cooperative which consists of approximately 17,765 members.

Freeborn Mower Electric Cooperative at a glance

In short: Freeborn Mower Electric Cooperative gave $30K across 1 grant in 2024 (avg $30K), mostly in Minnesota. Source: 2024 IRS Form 990.

Annual giving (2024)
$30,000
Grants made (2024)
1
Average grant
$30,000
Median grant
$30,000
Total assets
$159,183,214
+5.3% vs 2023
Primary geography
Minnesota (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Freeborn Mower Electric Cooperative

Next open deadline
March 1, 2027 (Lineworker Scholarship)

Who Freeborn Mower Electric Cooperative funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Riverland Community College Foundation: $30KRiverland Community CollegeFoundation$30K

The largest 2024 recipient was Riverland Community College Foundation ($30K).

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Austin

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $30K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Riverland Community College Foundation Austin, MNSupport of project converting a truck to an electric vehicle$30,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$159,183,214$60,266,711$60,093,840$30,0001$114,118
2023$151,110,003$61,656,883$59,885,004——$138,353
2022$146,099,899$62,118,752$61,090,269——$112,190
2021$136,719,563$56,762,140$55,077,011——$964,012
2020$129,165,075$55,219,825$55,795,419——$177,872

About Freeborn Mower Electric Cooperative

Based on IRS filings

Freeborn Mower Electric Cooperative is a public charity focused on mutual and 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 grant totaling $30K. Net investment income was $114K.

Leadership & Key People

Officers and directors from IRS filings

Freeborn Mower Electric Cooperative is led by James Krueger, President & CEO on every filing since 2020; all 15 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • James Krueger

    President & CEO

    On filings since 2020

    45 hrs/week

    $207K (2020) → $244K (2024)

  • John Jack Korman

    Board Chair

    Vice Chair → Board Chair, 2021

    On filings since 2020

    8 hrs/week

    $10K (2020) → $24K (2024)

  • Al Stadheim

    Director of Engin & Operations

    Director of Engin & Operations → Director of Engin & Operat, 2023

    Director of Engin & Operat → Director of Engin & Operations, 2024

    On filings since 2020

    40 hrs/week

    $146K (2020) → $170K (2024)

  • Larry Irvine

    Director

    On filings since 2020

    4 hrs/week

    $10K (2020) → $20K (2024)

  • William Trygstad

    Director

    On filings since 2020

    5 hrs/week

    $9K (2020) → $18K (2024)

  • Richard Schaufler

    Director

    On filings since 2021

    10 hrs/week

    $9K (2021) → $26K (2024)

  • Jay Neitzell

    Director

    On filings since 2022

    3 hrs/week

    $13K (2022) → $17K (2024)

  • Matt Maras

    Director

    On filings since 2023

    6 hrs/week

    $7K (2023) → $20K (2024)

  • Brad Devries

    Working Foreman

    Journeyman Line Worker → Working Foreman, 2021

    On filings since 2020

    50 hrs/week

    $126K (2020) → $152K (2024)

  • Dennis Anderson

    Vice Chairman

    Director → Vice Chairman, 2021

    On filings since 2020

    4 hrs/week

    $9K (2020) → $20K (2024)

  • Frank Fryer

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    3 hrs/week

    $10K (2020) → $21K (2024)

  • Jack Kortan

    Manager of Operations

    Manager of Operations-Dist → Manager of Operations, 2022

    On filings since 2020

    40 hrs/week

    $124K (2020) → $141K (2024)

  • Steve Garbisch

    Treasurer

    On filings since 2020

    3 hrs/week

    $9K (2020) → $21K (2024)

  • Al Casterton

    Working Foreman

    New on the 2024 filing

    48 hrs/week

    $136K (2024)

  • Nicholas Rolfing

    Service Representative

    New on the 2024 filing

    48 hrs/week

    $146K (2024)

Former officers (7)
  • Former: Joe Pacovsky (2020–2023) — Director
  • Former: Scott Sheely (2021–2023) — Journeyman Lineworker
  • Former: Ethan Eggum (2022–2023) — Working Foreman
  • Former: Alan Casterton (2020–2022) — Working Foreman
  • Former: Burton Magnuson (2020–2022) — Secretary
  • Former: Roger Weness (2020–2021) — Board Chair -
  • Former: Jeremy Diaz (2020) — Service Representative

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

James Krueger — President/CEO: $244KJames KruegerPresident/CEO$244KAl Stadheim — Director of Engin & Operations: $170KAl StadheimDirector of Engin & Operations$170KBrad Devries — Working Foreman: $152KBrad DevriesWorking Foreman$152KNicholas Rolfing — Service Representative: $146KNicholas RolfingService Representative$146KJack Kortan — Manager of Operations: $141KJack KortanManager of Operations$141KAl Casterton — Working Foreman: $136KAl CastertonWorking Foreman$136KRichard Schaufler — Director: $26KRichard SchauflerDirector$26KJohn Jack Korman — Board Chair: $24KJohn Jack KormanBoard Chair$24KSteve Garbisch — Treasurer: $21KSteve GarbischTreasurer$21KFrank Fryer — Secretary: $21KFrank FryerSecretary$21KMatt Maras — Director: $20KMatt MarasDirector$20KDennis Anderson — Vice Chairman: $20KDennis AndersonVice Chairman$20KLarry Irvine — Director: $20KLarry IrvineDirector$20KWilliam Trygstad — Director: $18KWilliam TrygstadDirector$18KJay Neitzell — Director: $17KJay NeitzellDirector$17K

The highest reported compensation on the 2024 filing was $244K, to James Krueger (President/CEO). 15 officers or directors reported compensation on that filing.

Frequently asked questions about Freeborn Mower Electric Cooperative

How much does Freeborn Mower Electric Cooperative give each year?

Freeborn Mower Electric Cooperative gave $30K across 1 grant in 2024, according to its 2024 IRS Form 990.

How large is Freeborn Mower Electric Cooperative?

Freeborn Mower Electric Cooperative reported $159.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $60.3M.

What is Freeborn Mower Electric Cooperative?

Freeborn Mower Electric Cooperative is a public charity focused on mutual and membership benefit, based in Albert Lea, MN. It holds $159.2M in total assets as of 2024.

Where does Freeborn Mower Electric Cooperative operate?

Freeborn Mower Electric Cooperative has awarded grants in Minnesota.

What is Freeborn Mower Electric Cooperative's EIN?

Freeborn Mower Electric Cooperative's EIN (Employer Identification Number) is 41-0266055. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Freeborn Mower Electric Cooperative's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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