Cause IQ organization profile

Traverse Electric Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Traverse Electric Cooperative is a public utility based in Wheaton, MN that was founded in 1940. As of 2019 they had $12 million in revenue and $27 million in assets.

To provide Electric service to our members at the lowest possible cost. An Electric Cooperative providing Electric service to members at the lowest possible cost. To provide Electric service at the lowest possible rates,consistent with sound business ...

EIN:
41-0581955
City:
Wheaton
State:
Website:
Founded:
1940
Type:
501(c)(12)
NTEE:
Revenue:
$12,312,704
Assets:
$27,311,439
Employees:
15
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Traverse Electric Cooperative

Sales of Electric power to 2199 members.

Form 990s for Traverse Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 10, 2020990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Nov 3, 2017990OView PDF
2015-12Jan 24, 2017990OView PDF
2014-12Jan 28, 2016990OView PDF
...and five more Form 990 PDFs

Financials for Traverse Electric Cooperative

Field2018
Total grants, contributions, etc.$0
Program services$10,955,967
Investment income and dividends$241,484
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,784
Net gain from sale of non-inventory assets$10,486
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$13,940
Miscellaneous revenues$1,088,043
Total revenues$12,312,704

Vendors for Traverse Electric Cooperative

VendorServicesAmount paidDate
DrupalContent management system software2020-09-07
██████████████████ ███Tax accounting2019-11-13
██████ █████ ████ ███Contracted Line Construction$234,7052018-12-01

Personnel at Traverse Electric Cooperative

NameTitleCompensationMost recent data
Joel JanorschkeGeneral Manager$112,056Feb. 10, 2020
Mark PearsonSecretary$3,450Dec. 31, 2018
█████ ████Treasurer$2,775Dec. 31, 2018
███ █████Vice President$3,450Dec. 31, 2018
████ ██████President$3,450Dec. 31, 2018

Peer public utilities

 NameTypeRevenueLocation
1Redwood Electric Cooperative501(c)(12)$15 millionClements, MN
2Lyon-Lincoln Electric Cooperative501(c)(12)$11 millionTyler, MN
3McLeod Cooperative Power Association501(c)(12)$21 millionGlencoe, MN
4Wild Rice Electric Cooperative501(c)(12)$33 millionMahnomen, MN
5Adams Rural Electric Cooperative501(c)(12)$16 millionWest Union, OH
6Cumberland Valley Electric501(c)(12)$47 millionGray, KY
7Dakota Energy Cooperative501(c)(12)$26 millionHuron, SD
8Black Hills Electric Cooperative501(c)(12)$22 millionCuster, SD
9Whetstone Valley Electric Cooperative501(c)(12)$11 millionMilbank, SD
10Rich Mountain Electric Cooperative (RMEC)501(c)(12)$17 millionMena, AR
11Kiwash Electric Cooperative501(c)(12)$21 millionBinger, OK
12Northern Rio Arriba Electric Cooperative501(c)(12)$4.5 millionChama, NM
13Union County Electric Cooperative501(c)(12)$4.6 millionElk Point, SD
14MT Wheeler Power501(c)(12)$35 millionEly, NV
15Southwest Texas Electric Cooperative501(c)(12)$27 millionEldorado, TX
16Yampa Valley Electric Association501(c)(12)$61 millionSteamboat Springs, CO
17Guthrie County Rural Electric Cooperative Association501(c)(12)$15 millionGuthrie Center, IA
18Bartlett Electric Cooperative501(c)(12)$23 millionBartlett, TX
19Orcas Power and Light Cooperative501(c)(12)$27 millionEastsound, WA
20Raccoon Valley Electric Cooperative501(c)(12)$17 millionGlidden, IA
21Kay Electric Cooperative501(c)(12)$34 millionBlackwell, OK
22Farmers Electric Cooperative501(c)(12)$14 millionGreenfield, IA
23Kingsbury Electric Cooperative501(c)(12)$3.2 millionDe Smet, SD
24Washington Electric Cooperative501(c)(12)$7.0 millionEast Montpelier, VT
25Oahe Electric Cooperative501(c)(12)$10 millionBlunt, SD