Stearns Electric Association Trust

MELROSE, MN EIN: 41-1768397 Website

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

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

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Stearns Electric Association Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $5K (100%)

States

Minnesota

Cities

ARDEN HILLS

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Foundation

Operation Round Up® Grant Program

STEARNS ELECTRIC ASSOCIATION TRUST

Amount

$500

Deadline

Rolling / Open

Annual

Foundation

Scholarships

STEARNS ELECTRIC ASSOCIATION TRUST

Amount

Varies

Deadline

Rolling / Open

Annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jack's Basket ($5,310).

Recipient	Purpose	Amount
JACK'S BASKET ARDEN HILLS, MN	GENERAL SUPPORT	$5,310

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Stearns Electric Association Trust?

Stearns Electric Association Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MELROSE, MN. It holds $69K in total assets as of 2024.

How large is Stearns Electric Association Trust?

As of 2024, Stearns Electric Association Trust holds $69K in total assets with $203K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does Stearns Electric Association Trust operate?

Stearns Electric Association Trust has awarded grants in Minnesota.

What size grants does Stearns Electric Association Trust award?

In 2024, Stearns Electric Association Trust awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Stearns Electric Association Trust's EIN?

Stearns Electric Association Trust's EIN (Employer Identification Number) is 41-1768397. IRS Form 990 filing data is available on this page for 2019–2024.