Program areas at Federated Rural Electric
To provide reliable Electric service to over 5,275 members. Without the formation of this cooperative, these members would not have received Electric service in 1935. Since that time we have consistently provided service to all Rural customers in jackson and martin counties in Minnesota as well as some smaller towns. In addition, we provide Electric service to boundary customers of 11 additional counties including approximately 60 members in Iowa.
The cooperative's acquisition of a fixed internet company with 1,100 customers in 2021 was the start of the broadband division "Federated broadband." Internet services were provided to approximately 1,600 customers by the end of 2023. The cooperative was awarded two broadband grants to build fiber to the home and help service areas within and overlapping the Electric service territory.
Personnel at Federated Rural Electric
| Name | Title | Compensation | Date of data |
|---|
| Julie Resch | Chief Financial Officer and Office Manager | $103,878 | 2023-12-31 |
| Scott Reimer | General Manager | $220,147 | 2024-11-06 |
| Matt Madden | Assistant Operations Manager | $113,526 | 2023-12-31 |
| Alex C Kunz | Lineman | $102,389 | 2023-12-31 |
| Brandon Clarke | Welcome Foreman | $105,050 | 2023-12-31 |
| ...and 1 more key personnel |
Financials for Federated Rural Electric
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $41,594,550 | $39,596,269 | 5% |
| Investment income and dividends | $276,665 | $99,049 | 179.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $61,976 | $28,333 | 118.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $-228,464 | $-261,206 | 12.5% |
| Miscellaneous revenues | $1,931,443 | $1,104,224 | 74.9% |
| Total revenues | $43,636,170 | $40,566,669 | 7.6% |
Organizations like Federated Rural Electric
| Organization | Type | Location | Revenue |
|---|
| Sequachee Valley Electric Cooperative | 501(c)(12) | South Pittsburg, TN | $112,585,937 |
| Consumers Power | 501(c)(12) | Philomath, OR | $51,938,913 |
| Continental Divide Electric Cooperative | 501(c)(12) | Grants, NM | $69,570,042 |
| Orcas Power and Light Cooperative | 501(c)(12) | Eastsound, WA | $39,416,329 |
| Pentex Energy | 501(c)(12) | Muenster, TX | $53,636,363 |
| Canadian Valley Electric Cooperative | 501(c)(12) | Seminole, OK | $78,498,090 |
| Webster Electric Cooperative | 501(c)(12) | Marshfield, MO | $38,873,422 |
| Sangre de Cristo Electric Association | 501(c)(12) | Buena Vista, CO | $23,854,613 |
| Cookson Hills Electric Cooperative (CHEC) | 501(c)(12) | Stigler, OK | $41,827,049 |
| Dakota Valley Electric Cooperative | 501(c)(12) | Edgeley, ND | $61,076,760 |
Data update history
January 12, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 10, 2025
Updated personnel
Identified 3 new personnel
January 4, 2025
Used new vendors
Identified 3 new vendors, including , , and
March 17, 2024
Updated personnel
Identified 6 new personnel
September 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
- Address
- 77100 Us Hwy 71
- Jackson, MN 56143
- County
- Jackson County, MN
- Website URL
- federatedrea.coop/
- Phone
- (507) 847-3520
IRS details
- EIN
- 41-0252540
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1935
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W80: Public Utilities
- NAICS code, primary
- 2211: Electric Power Generation, Transmission, and Distribution Establishments
- Parent/child status
- Central organization
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