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.
Stearns Electric Association Trust at a glance
In short: Stearns Electric Association Trust gave $6K across 1 grant in 2025 (avg $6K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,896
- +11.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $5,896
- +11.0% vs 2024
- Median grant
- $5,896
- Total assets
- $80,530
- +17.0% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Stearns Electric Association Trust
Open Grants
2 open opportunities from Stearns Electric Association Trust
Who Stearns Electric Association Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Henry's Heroes ($6K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $5K (2024) to $6K (2025). In 2025 it made 1 grant totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Henry's Heroes Richmond, MN | General Support | $5,896 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $80,530 | $206,061 | $194,378 | $5,896 | 1 | $430 |
| 2024 | $68,847 | $202,713 | $190,953 | $5,310 | 1 | $459 |
| 2023 | — | $178,354 | $169,785 | — | — | — |
| 2022 | — | $172,813 | $171,556 | — | — | — |
| 2021 | — | $161,495 | $165,400 | — | — | — |
| 2020 | — | $162,965 | $150,240 | — | — | — |
| 2019 | — | $150,139 | $154,865 | — | — | — |
About Stearns Electric Association Trust
Based on IRS filings
Stearns Electric Association Trust is a public charity, based in Melrose, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $81K in total assets. In 2025, it awarded 1 grant totaling $6K. Net investment income was $430.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Stearns Electric Association Trust is led by Ronald Paulsen, President since 2024 (on filings since 2022); 10 of 11 officers listed in 2025 are compensated.
Officers on the 2025 filing
Ronald Paulsen
President
Director → President, 2024
On filings since 2022
0.4 hrs/week
$500 (2022) → $500 (2025)
Ann Reischl
Director
On filings since 2021
0.2 hrs/week
$300 (2021) → $200 (2025)
Al Poser
Director
On filings since 2023
0.3 hrs/week
$300 (2023) → $300 (2025)
David Cebulla
Director
On filings since 2024
0.3 hrs/week
$300 (2024) → $300 (2025)
Meredith Ulrich
Director
On filings since 2024
0.3 hrs/week
$300 (2024) → $300 (2025)
Connie Spanswick
Director
New on the 2025 filing
0.2 hrs/week
$200 (2025)
Mike Meagher
Director
New on the 2025 filing
0.1 hrs/week
$100 (2025)
Nicole Holthaus
Director
New on the 2025 filing
0.3 hrs/week
$300 (2025)
Chris Bergman
Vice President
Vice President → Director, 2024
Director → Vice President, 2025
On filings since 2021
0.2 hrs/week
$100 (2021) → $200 (2025)
Steve Gudgell
Secretary & Treasurer
Director → Secretary & Treasurer, 2025
On filings since 2023
0.3 hrs/week
$200 (2023) → $400 (2025)
Matt O'Shea
Ceo-Stearns Electric Associate
CEO - Stearns Electric Association → Ceo-Stearns Electric Associate, 2025
On filings since 2024
No compensation reported
Former officers (11)
- Former: Jen Heinen (2019–2024) — Secretary & Treasurer
- Former: Marcy Johnson (2019–2024) — Vice President
- Former: Joseph Christensen (2019–2023) — President
- Former: Chuck Marks (2021–2023) — Director
- Former: Tony Wenzel (2019–2022) — Director
- Former: Jeffrey Mayer (2021–2022) — President
- Former: David Lyndgaard (2019–2021) — Director
- Former: Joyce Pappenfus (2019–2021) — Director Part-Year
- Former: Bruce Wing (2019–2020) — Vice President
- Former: Jeff Mayer (2019–2020) — President
- Former: Joel Vogel (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $500, to Ronald Paulsen (President). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Stearns Electric Association Trust
How much does Stearns Electric Association Trust give each year?
Stearns Electric Association Trust gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5K across 1 grant.
How large is Stearns Electric Association Trust?
Stearns Electric Association Trust reported $81K in total assets on its 2025 IRS Form 990. Its revenue that year was $206K.
Where does Stearns Electric Association Trust operate?
Stearns Electric Association Trust has awarded grants in Minnesota.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
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