Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-0167135

BROWN COUNTY RURAL ELECTRICAL ASSOCIATION

Tax-exempt · SLEEPY EYE, MN 56085

Financials

$17.5M$17.3M2023$17.2M$17.1M2024
Revenue Expenses · by fiscal year end
Financials of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,158,565$17,092,441$66,124$49,130,905$25,068,333$24,062,572
December 31, 2023990$17,469,616$17,300,815$168,801$47,777,901$24,888,999$22,888,902
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$16,766,705
Investment income
$394,144
Net gain from sales of assets
$44,000
Net income from sales of inventory
-$33,902
Other revenue
-$2,284

Expenses

Grants and similar amounts paid
$2,870
Benefits paid to members
$1,787,577
Compensation of officers, directors and key employees
$558,173
Salaries, compensation and benefits (total)
$558,173
Professional fundraising fees
$0
Depreciation
$1,493,038

Balance sheet and other

Total assets, start of year
$47,777,901
Total assets, end of year
$49,130,905
Total liabilities, end of year
$25,068,333
Net assets, end of year
$24,062,572
Land, buildings and equipment
$28,724,464
Gross unrelated business income
$31,618
Gross receipts
$17,280,508
Employees
17
Volunteers
0
Year formed
1937
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL HEIDEMANNCEO
Officer
40.3$174,158$94,825
BRANDON HAVEMEIERENGINEERING AND OPERATIONS MANAGER
Highest-paid employee
45.8$126,568$56,441
ADAM FISCHERLINEMAN-IN-CHARGE
Highest-paid employee
41.4$112,538$48,501
JENNIFER ROSECFO
Officer
43.3$93,510$60,722
TYLER JENSENLINEMAN
Highest-paid employee
41.6$106,419$42,590
NICHOLAS HORMANLINEMAN-IN-CHARGE
Highest-paid employee
41.7$121,359$16,380
CONNOR NELSENLINEMAN
Highest-paid employee
41.1$107,505$23,604
THOMAS HAYESPRESIDENT
Trustee or director, Officer
9.1$15,150$0
WILLIAM BERGVICE PRESIDENT
Trustee or director, Officer
6.2$14,000$0
JAMES MICKELSONDIRECTOR
Trustee or director
5.3$13,900$0
JAMES HANSONSECRETARY/TREASURER
Trustee or director, Officer
7.8$13,000$0
DAVID WENDINGERDIRECTOR
Trustee or director
5.3$12,700$0
BRADLEY SPRENGERDIRECTOR
Trustee or director
4.5$12,200$0
LANDON SLETTADIRECTOR
Trustee or director
3.9$12,200$0
GREGORY MAGESDIRECTOR
Trustee or director
3.7$11,900$0
1 more people on this return
NameTitleHours / weekCompensation
JOEL CHRISTENSENDIRECTOR
Trustee or director
4.1$11,000
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL HEIDEMANNCEO
Officer
40$184,752$85,832
BRANDON HAVEMEIERENGINEERING AND OPERATIONS MANAGER
Highest-paid employee
40.1$122,799$55,423
ADAM FISCHERLINEMAN-IN-CHARGE
Highest-paid employee
41.4$108,230$47,751
JENNIFER ROSECFO
Officer
40$90,275$58,108
NICHOLAS HORMANLINEMAN-IN-CHARGE
Highest-paid employee
41.4$112,373$32,413
BRADY KERKHOFFLINEMAN
Highest-paid employee
41.5$102,272$39,663
CONNOR NELSENLINEMAN
Highest-paid employee
41.6$111,201$10,326
BRADLEY SPRENGERDIRECTOR
Trustee or director
5.4$13,700$0
DAVID WENDINGERDIRECTOR
Trustee or director
5.6$13,500$0
LANDON SLETTADIRECTOR
Trustee or director
4.5$13,400$0
WILLIAM BERGVICE PRESIDENT
Trustee or director
5.8$13,200$0
JAMES HANSONSECRETARY/TREASURER
Trustee or director
8.1$12,950$0
THOMAS HAYESPRESIDENT
Trustee or director
7.2$12,750$0
JAMES MICKELSONDIRECTOR
Trustee or director
4$12,450$0
GREGORY MAGESDIRECTOR
Trustee or director
3.1$10,900$0
JOEL CHRISTENSENDIRECTOR
Trustee or director
4.6$10,800$0

Address and contacts

Address (IRS master file)
PO BOX 529, SLEEPY EYE, MN 56085-0529
Principal officer (990 for 2024)
MICHAEL HEIDEMANN, PO BOX 529, SLEEPY EYE, MN 560850529
Signed the 990
MICHAEL HEIDEMANN, CEO
Phone
(507) 794-3331
Return prepared by
EIDE BAILLY LLP

Mission

THE MISSION OF BROWN COUNTY ELECTRIC IS TO IMPROVE THE QUALITY OF LIFE FOR ITS MEMBERS BY PROVIDING RELIABLE ELECTRICITY AND SERVICES THAT ARE COMPETITIVELY PRICED.

990 for the year ended December 31, 2024

Program accomplishments

  • THE COOPERATIVE ENGAGES IN THE DISTRIBUTION AND SALE OF ELECTRICAL POWER TO APPROXIMATELY 3,755 MEMBERS IN SOUTHWESTERN MINNESOTA WITH 4,607 ACTIVE ACCOUNTS. THE COOPERATIVE HAS 1,535 MILES OF LINE CONSISTING OF 769 MILES OF OVERHEAD AND 766 MILES OF UNDERGROUND LINE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0167135
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,130,905
Income (IRS master file)
$17,280,508

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,158,565$17,092,441$49,130,905XML
990December 2023$17,469,616$17,300,815$47,777,901XML
990December 2022$16,899,394$16,842,651$45,245,763IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0167135).

Questions about BROWN COUNTY RURAL ELECTRICAL ASSOCIATION

What is the EIN of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION?
The employer identification number (EIN) of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION is 41-0167135.
Is BROWN COUNTY RURAL ELECTRICAL ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to BROWN COUNTY RURAL ELECTRICAL ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BROWN COUNTY RURAL ELECTRICAL ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROWN COUNTY RURAL ELECTRICAL ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION?
The 990 for the year ended December 31, 2024 names MICHAEL HEIDEMANN.
Who are the officers and directors of BROWN COUNTY RURAL ELECTRICAL ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $174,158 (MICHAEL HEIDEMANN, CEO).
How much revenue does BROWN COUNTY RURAL ELECTRICAL ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,158,565, expenses of $17,092,441 and total assets of $49,130,905 at year end.

Other nonprofits in SLEEPY EYE

All nonprofits in SLEEPY EYE · Minnesota