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Nonprofit · EIN 41-0404900

MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

Tax-exempt · LITCHFIELD, MN 55355

Financials

$31.3M$31.9M2023$31.9M$31.8M2024
Revenue Expenses · by fiscal year end
Financials of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$31,873,414$31,839,378$34,036$128,672,954$89,776,478$38,896,476
December 31, 2023990$31,346,370$31,928,696-$582,326$120,230,995$83,518,859$36,712,136
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$25,658,396
Investment income
$213,619
Net rental income
$16,701
Net gain from sales of assets
$24,848
Net income from sales of inventory
-$15,048
Other revenue
$6,001,399

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,728,391
Compensation of officers, directors and key employees
$624,479
Salaries, compensation and benefits (total)
$624,479
Professional fundraising fees
$0
Depreciation
$2,461,294

Balance sheet and other

Total assets, start of year
$120,230,995
Total assets, end of year
$128,672,954
Total liabilities, end of year
$89,776,478
Net assets, end of year
$38,896,476
Land, buildings and equipment
$102,241,320
Gross unrelated business income
$2,033,375
Gross receipts
$31,992,742
Employees
53
Volunteers
0
Year formed
1935
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
LUKE JOHNSONCEO
Officer
60.27$277,645$97,979
DANIEL SCHRUPPOPERATIONS SUPERVISOR
Highest-paid employee
45.29$153,569$80,760
TONY MCCLEARYBROADBAND OPERATIONS MGR
Highest-paid employee
50.13$183,879$43,168
STEVEN KOSBABENERGY SERVICES MANAGER
Highest-paid employee
48.15$163,769$42,910
SCOTT FROEMMINGFINANCE MANAGER
Officer
43.85$162,003$43,174
JOHN GRABOWFOREMAN
Highest-paid employee
45.81$141,856$41,166
ALLEN RESMENFOREMAN
Highest-paid employee
44.27$130,487$47,040
NEIL PEARSONDIRECTOR
Trustee or director
7.31$12,605$0
DAVID LEONHARDIDIRECTOR
Trustee or director
6.4$11,115$0
BRADLEY DONNAYPRESIDENT
Trustee or director
6.04$10,950$0
KAREN L BECKERSECRETARY
Trustee or director
4.63$9,780$0
JESSE TURCKDIRECTOR
Trustee or director
4.6$9,506$0
PAUL BUGBEEVICE PRESIDENT
Trustee or director
4.79$8,925$0
RANDY BRYANTTREASURER
Trustee or director
4.46$8,825$0
JAMES ELLINGSONDIRECTOR (THRU AUG 2024)
Trustee or director
4.25$5,930$0
3 more people on this return
NameTitleHours / weekCompensation
BARBARA ANN NELSONDIRECTOR (STARTED AUG 2024)
Trustee or director
6.38$4,140
LARRY HUHNDIRECTOR (THRU APRIL 2024)
Trustee or director
4.33$2,145
JEROME WOSMEKDIRECTOR (STARTED NOV 2024)
Trustee or director
6.7$1,315
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY N MERGENCEO/GENERAL MANAGER (THRU 3/31/23)
Officer
69.7$352,282$7,885
LUKE JOHNSONCEO (EFFECTIVE 03/31/23)
Officer
50$244,345$67,472
DANIEL SCHRUPPOPERATIONS SUPERVISOR
Highest-paid employee
42.9$138,730$64,883
STEVEN KOSBABENERGY SERVICES MANAGER
Highest-paid employee
46.4$155,532$37,860
SCOTT FROEMMINGFINANCE MANAGER
Officer
44$151,318$41,761
ALLEN RESMENFOREMAN
Highest-paid employee
42.6$126,290$44,470
JOHN GRABOWFOREMAN
Highest-paid employee
43$118,946$38,932
LOGAN JOSEPHSONFOREMAN
Highest-paid employee
42.81$123,642$28,045
BRADLEY DONNAYVICE PRESIDENT
Trustee or director
6.5$10,805$0
LARRY HUHNDIRECTOR
Trustee or director
5.96$9,655$0
KAREN L BECKERDIRECTOR
Trustee or director
5.46$9,210$0
JESSE TURCKDIRECTOR
Trustee or director
4.06$8,650$0
PAUL BUGBEEDIRECTOR
Trustee or director
4.04$8,185$0
RANDY BRYANTDIRECTOR
Trustee or director
3.92$7,355$0
NEIL PEARSONDIRECTOR (STARTED 4/24/23)
Trustee or director
6.7$6,915$0
KEVIN ISSENDORFPRESIDENT (THRU 7/31/23)
Trustee or director
4.64$5,790$0
STEPHEN PLAISANCEDIRECTOR (THRU 6/26/23)
Trustee or director
5.52$3,575$0
MARK LARSONTREASURER (THRU 4/24/23)
Trustee or director
5.2$2,390$0
DAVID LEONHARDIDIRECTOR (STARTED 9/25/23)
Trustee or director
4.14$1,655$0
JAMES ELLINGSONDIRECTOR (STARTED 11/27/23)
Trustee or director
1.2$680$0

Address and contacts

Address (IRS master file)
1725 US HIGHWAY 12 E SUITE 100, LITCHFIELD, MN 55355-5334
Principal officer (990 for 2024)
SCOTT FROEMMING, 1725 US HWY 12 E STE 100, LITCHFIELD, MN 55355
Signed the 990
SCOTT FROEMMING, FINANCE MANAGER
Phone
(320) 693-3231
Return prepared by
BRADY MARTZ & ASSOCIATES PC

Mission

TO ENERGIZE AND CONNECT THE COOPERATIVE'S MEMBERS AND CUSTOMERS, ENHANCING THEIR LIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING SAFE, RELIABLE ENERGY AND OTHER VALUE ADDED SERVICES TO 8,016 MEMBERS.

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
41-0404900
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1937
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$128,672,954
Income (IRS master file)
$31,992,742

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$31,873,414$31,839,378$128,672,954XML
990December 2023$31,346,370$31,928,696$120,230,995XML
990December 2022$29,571,990$29,793,219$113,346,809IRS
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 41-0404900).

Questions about MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

What is the EIN of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION?
The employer identification number (EIN) of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION is 41-0404900.
Is MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
Are donations to MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEEKER COOPERATIVE LIGHT & POWER 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 MEEKER COOPERATIVE LIGHT & POWER 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 MEEKER COOPERATIVE LIGHT & POWER 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 MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION?
The 990 for the year ended December 31, 2024 names SCOTT FROEMMING.
Who are the officers and directors of MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 18 people; 18 received compensation from the organization, the highest $277,645 (LUKE JOHNSON, CEO).
How much revenue does MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $31,873,414, expenses of $31,839,378 and total assets of $128,672,954 at year end.

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