2025-03-19T14:34:44-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2024-01-01 411768397 STEARNS ELECTRIC ASSOCIATION TRUST STEA 8009620655 900 KRAFT DR SE PO BOX 40 MELROSE MN 563520040 RONALD PAULSEN PRESIDENT 8009620655 2025-03-10 1 0 KATHERINE LUTZKE CPA P01760889 5072802300 2025-03-10 2024 2025-03-06 01:10:19Z RONALD PAULSEN 900 KRAFT DR SE PO BOX 40 MELROSE MN 563520040 202713 0 X WWW.STEARNSELECTRIC.ORG/COMMUNITY/OPERATION-ROUND X 1993 MN 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. 9 9 0 0 0 0 178011 202254 0 0 343 459 0 0 178354 202713 166273 187100 0 0 2500 2800 0 0 0 1012 1053 169785 190953 8569 11760 57087 68847 0 0 57087 68847 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. 0 0 187100 187100 0 THE ORGANIZATION COLLECTS AND DISBURSES FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES IN THE AREA SERVED BY STEARNS COOPERATIVE ELECTRIC ASSOCIATION. GRANTS ARE GIVEN TO CHARITABLE ORGANIZATIONS, WORTHY CAUSES, & INDIVIDUALS IN NEED AFTER THE BOARD REVIEWS AN "OPERATION ROUND UP APPLICATION" REQUESTING FUNDS. ORGANIZATIONS OR INDIVIDUALS REQUESTING FUNDS EXPLAIN WHAT THE FUNDS WILL BE USED FOR AND WHY THEY ARE IN NEED. PROFILE INFORMATION ON THE APPLICATION IS ALSO USED AS THE BASIS FOR A GRANT. 187100 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MN X CINDY ANDERSON 3202561606 900 KRAFT DRIVE SE PO BOX 40 MELROSE MN 56352 RONALD PAULSEN PRESIDENT 0.29 0.00 X X 300 0 0 MARCY JOHNSON VICE PRESIDENT 0.33 0.00 X X 400 0 0 JEN HEINEN SECRETARY/TREASURER 0.33 0.00 X X 300 0 0 AL POSER DIRECTOR 0.31 0.00 X 300 0 0 CHRIS BERGMAN DIRECTOR 0.29 0.00 X 400 0 0 STEVE GUDGELL DIRECTOR 0.25 0.00 X 200 0 0 MEREDITH ULRICH DIRECTOR 0.29 0.00 X 300 0 0 DAVID CEBULLA DIRECTOR 0.31 0.00 X 300 0 0 ANN REISCHL DIRECTOR 0.29 0.00 X 300 0 0 MATT O'SHEA CEO - STEARNS ELECTRIC ASSOCIATION 0.00 45.00 X 0 280548 116317 2800 280548 116317 0 0 1 0 0 7110 195144 202254 459 459 0 7110 0 0 202713 0 0 459 187100 187100 2800 2800 1028 1028 MN STATE FILING FEE 25 25 190953 187100 3853 0 46574 58274 10513 10573 57087 68847 0 0 X 57087 68847 57087 68847 57087 68847 11760 0 X 0 1 X 1 0 X 162828 161394 172688 178011 202254 877175 162828 161394 172688 178011 202254 877175 877175 137 101 125 343 459 1165 878340 0.99870 0.99900 X 0 X 202713 0 202713 0 202713 190953 0 190953 0 190953 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION TRUST THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. HOWEVER, UNRELATED BUSINESS INCOME, IF ANY, MAY BE SUBJECT TO TAXATION. THE TRUST EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. 1 JACK'S BASKET 1170 RED FOX ROAD ARDEN HILLS MN 55112 814310519 501(C)(3) 5310 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE TRUST BOARD MAINTAINS RECORDS OF ALL ORGANIZATIONS FUNDED SINCE THE INCEPTION OF THE ORU PROGRAM AT STEARNS ELECTRIC. THEY FOLLOW THE TRUST BOARD BYLAWS, ARTICLES OF INCORPORATION AND OPERATING GUIDELINES AS CRITERIA FOR WHAT ORGAINZATIONS RECEIVE FUNDING AND THE AMOUNT OF THAT POTENTIAL FUNDING. AFTER ORGANIZATIONS RECEIVE FUNDING, BASED ON THEIR APPLICATION AND THE TRUST BOARD'S DISCERNMENT OF THE GUIDELINES IN ACCORDANCE WITH THEIR APPLICATION, WE DON'T MONITOR WHAT THE FUNDS ARE USED FOR AS THE FUNDING WAS APPROVED BASED ON THEIR REQUEST IN THEIR APPLICATION. 0 0 0 0 0 0 0 0 0 MATT O'SHEA CEO - STEARNS ELECTRIC ASSOCIATION 0 257221 0 11638 0 11689 0 82908 0 33409 0 396865 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZIATION MAKES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATMENT AVAILABLE UPON REQUEST. STEARNS COOPERATIVE ELECTRIC ASSOCIATION 900 KRAFT DR SE PO BOX 40 MELROSE MN 56352 410558175 ELECTRIC COOPERATIVE MN 501(C)(12) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0