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EIN 41-0581955

Traverse Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
17
City
Wheaton
State
Minnesota
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
To provide Electric service at the lowest possible rates, consistent with sound business principles. An Electric Cooperative providing Electric service to members at the lowest possible cost. To provide Electric service to our members at the lowest possible cost.
Total revenues
$14,701,778
2023
Total expenses
$14,701,778
2023
Total assets
$43,938,330
2023
Num. employees
17
2023

Program areas at Traverse Electric Cooperative

Sales of Electric power to 2,267 members with an average of 3,258 active Electric services.

Personnel at Traverse Electric Cooperative

NameTitleCompensation
Jeremy HuhnstockGeneral Manager$157,912
Dale SchwagelOperations Manager$151,832
Karen LupkesOffice Manager$146,118
Colden HelbergJourneyman Lineman$105,187
Joel JanorschkePast General Manager$198,299
...and 2 more key personnel

Financials for Traverse Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$13,196,324
Investment income and dividends$272,360
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$19,649
Net gain from sale of non-inventory assets$5,222
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$16,503
Miscellaneous revenues$1,191,720
Total revenues$14,701,778

Form 990s for Traverse Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-01990View PDF
2022-122023-08-02990View PDF
2021-122022-08-29990View PDF
2020-122021-09-27990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Traverse Electric Cooperative

OrganizationLocationRevenue
Glades Electric CooperativeMoore Haven, FL$58,797,465
Southwest Iowa RECCorning, IA$13,189,954
White River Electric AssociationMeeker, CO$51,176,786
Minnesota Valley Cooperative Light and Power AssociationMontevideo, MN$25,650,557
Eastern Iowa Light and Power CooperativeWilton, IA$68,261,552
Southern Rivers Energy Attn Tony Caldwell (SRE)Barnesville, GA$54,913,307
Naknek Electric AssociationNaknek, AK$13,669,699
Macon Electric CooperativeMacon, MO$29,490,903
Butler County Rural Electric CooperativeAllison, IA$34,257,753
Slash Pine Electric Membership CorporationHomerville, GA$27,262,892
Data update history
December 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 6, 2024
Updated personnel
Identified 1 new personnel
September 28, 2023
Updated personnel
Identified 5 new personnel
September 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
6590 St Hwy 27 PO Box 66
Wheaton, MN 56296
County
Traverse County, MN
Website URL
traverseelectric.com/ 
Phone
(320) 563-8616
IRS details
EIN
41-0581955
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
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
Independent
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