Brown County Rural Electrical Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410167135 ✦ Sleepy eye, MN ✦ Designated as a 501(c)(12)

Overview

What is Brown County Rural Electrical Association?

Brown County Rural Electrical Association is a nonprofit organization based in Sleepy Eye, Minnesota, serving approximately 3,746 members with 4,554 active accounts in southwestern Minnesota. With a mission to enhance the quality of life for its members, the cooperative provides reliable electricity and services at competitive prices. Operating with 1,525 miles of lines, a combination of overhead and underground, the organization distributes and sells electrical power to its community. The Association's employee team, consisting of 17 individuals, is dedicated to delivering electricity services that contribute to the betterment of the locals' lives.


Official website here: www.browncountyrea.coop

Is Brown County Rural Electrical Association legitimate?

Brown County Rural Electrical Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Brown County Rural Electrical Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $518,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.browncountyrea.coop

What is the mission statement of Brown County Rural Electrical Association?

The Brown County Rural Electrical Association's mission is centered around enhancing the lives of its members. They strive to deliver reliable electricity and related services at competitive prices. The cooperative caters to approximately 3,746 members in southwestern Minnesota, managing a network of around 1,525 miles of electrical lines. By focusing on providing dependable power, the association contributes to improving the overall quality of life for those it serves.


Official website here: www.browncountyrea.coop

Who is the CEO of Brown County Rural Electrical Association?

Michael Heidemann is the President of Brown County Rural Electrical Association. The CEO's salary of Brown County Rural Electrical Association is $166,668 and their total compensation is $268,883.


Official website here: www.browncountyrea.coop

What is the revenue of Brown County Rural Electrical Association?

Brown County Rural Electrical Association's revenue in 2022 was $16,899,394.


Official website here: www.browncountyrea.coop

Who are the executives of Brown County Rural Electrical Association and what are their salaries?

The average compensation at Brown County Rural Electrical Association during 2022 was $30,481. There are 17 employees at Brown County Rural Electrical Association.

Here are 14 key members and their salaries (Brown County Rural Electrical Association's CEO's salary is $166,668 and their total compensation is $268,883):

    Michael Heidemann (Ceo)
  • Compensation: $166,668
  • Related: $0
  • Other: $102,215

    • Brandon Havemeier (Operations Manager)
  • Compensation: $116,458
  • Related: $0
  • Other: $65,902

    • Adam Fischer (Lineman)
  • Compensation: $103,600
  • Related: $0
  • Other: $55,744

    • Nicholas Horman (Lineman)
  • Compensation: $103,266
  • Related: $0
  • Other: $49,678

    • Jennifer Rose (Cfo)
  • Compensation: $87,099
  • Related: $0
  • Other: $64,241

    • Thomas Hayes (President) [Trustee/Director]
  • Compensation: $15,350
  • Related: $0
  • Other: $0

    • James Mickelson (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • David Wendinger (Director)
  • Compensation: $13,400
  • Related: $0
  • Other: $0

    • Bradley Sprenger (Director)
  • Compensation: $13,100
  • Related: $0
  • Other: $0

    • Landon Sletta (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0

    • James Hanson (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $12,050
  • Related: $0
  • Other: $0

    • William Berg (Vice President) [Trustee/Director]
  • Compensation: $11,700
  • Related: $0
  • Other: $0

    • Joel Christensen (Director)
  • Compensation: $11,500
  • Related: $0
  • Other: $0

    • Gregory Mages (Director)
  • Compensation: $10,400
  • Related: $0
  • Other: $0


  • Official website here: www.browncountyrea.coop

    Where can I find the form 990 for Brown County Rural Electrical Association?

    The Brown County Rural Electrical Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.browncountyrea.coop

    Learn more at the official website: www.browncountyrea.coop

    Mission Statement of Brown County Rural Electrical Association

    Brown County Rural Electrical Association, or BCREA, is a mission-driven cooperative dedicated to enhancing the lives of its members by ensuring they have access to reliable and competitively priced electric services. The organization's primary goal is to deliver electricity to approximately 3,746 members in southwestern Minnesota, servicing 4,554 active accounts through a comprehensive network of 1,525 miles of lines, a combination of overhead and underground. BCREA's commitment to its members extends beyond just providing electricity; it strives to improve their overall quality of life.

    Impact

    This information is meant to be a general summary of Brown County Rural Electrical Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Brown County Rural Electrical Association's impact can be seen in the reliable electricity service it provides to approximately 3,746 members in southwestern Minnesota. With 1,525 miles of lines comprising overhead and underground infrastructure, the cooperative plays a vital role in ensuring access to electrical power for its community. By offering competitively priced services, Brown County Rural Electrical Association contributes to improving the quality of life for its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $125,526
  • Program Service Revenue: $16,731,164
  • Gross Receipts: $17,114,044

    • Assets and Liabilities:
  • Total Assets: $45,245,763
  • Total Liabilities: $24,080,029
  • Net Assets: $21,165,734
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC SALES

    Revenue

    $16,407,781

    CAPITAL CREDIT

    Revenue

    $291,893

    OTHER SALES

    Revenue

    $31,490

    Organization Details

    Founding Year

    1937

    Principal Officer

    Michael Heidemann

    Main Address

    PO BOX 529, SLEEPY EYE, MN, 560850529

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Brown County Rural Electrical Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.