Stearns Electric Association Trust
TO SERVE AS RESPONSIBLE STEWARDS OF THE GENEROSITY OF STEARNS ELECTRIC ASSOCIATION MEMBER-CONSUMERS AND DISTRIBUTE GRANT FUNDS IN A MANNER THAT ENHANCES THE OVERALL QUALITY OF LIFE IN OUR LOCAL COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$69K
Annual Giving
$5K
Grant Count
1
Avg Grant Size
$5K
About Stearns Electric Association Trust
Based on IRS filings
Stearns Electric Association Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MELROSE, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $69K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $459.
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 | $68,847 | — | — |
| Revenue | $202,713 | $178,354 | $172,813 |
| Expenses | $190,953 | $169,785 | $171,556 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $459 | — | — |
| 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 Stearns Electric Association Trust
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 |
|---|---|---|---|
| RONALD PAULSEN | PRESIDENT | 0.29 | $300 |
| MARCY JOHNSON | VICE PRESIDENT | 0.33 | $400 |
| JEN HEINEN | SECRETARY/TREASURER | 0.33 | $300 |
| AL POSER | DIRECTOR | 0.31 | $300 |
| CHRIS BERGMAN | DIRECTOR | 0.29 | $400 |
| STEVE GUDGELL | DIRECTOR | 0.25 | $200 |
| MEREDITH ULRICH | DIRECTOR | 0.29 | $300 |
| DAVID CEBULLA | DIRECTOR | 0.31 | $300 |
| ANN REISCHL | DIRECTOR | 0.29 | $300 |
| MATT O'SHEA | CEO - STEARNS ELECTRIC ASSOCIATION | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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