Overview

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Est.

1939

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Mille Lacs Energy Cooperative is a nonprofit organization dedicated to providing electric distribution services to 13,666 members in Minnesota. With an operating budget of $29.5 million and total revenue of $32.3 million for the 2024 filing year, the cooperative focuses on enhancing public utilities for its community. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.mlecmn.net.

Mission Statement

Provides electric distribution service to 13,666 members of the cooperative.
Revenues
$32.3M
Expenses
$31.6M
Net Income:
+$713.3K
Assets
$107.5M
Liabilities
$70.3M
Net Assets:
+$37.2M
Operating Budget
$29.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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S
Sarah Cron
Board Member
H
Harold Harms
Board Member
B
Bruce Robinson
Board Member

Frequently Asked Questions

What is Mille Lacs Energy Cooperative’s budget?
In 2024, Mille Lacs Energy Cooperative reported an annual operating budget of around $29.5 million. More detailed financial information is available to registered users.
What causes does Mille Lacs Energy Cooperative support?
Mille Lacs Energy Cooperative supports work in Public utilities.
Where does Mille Lacs Energy Cooperative operate?
Mille Lacs Energy Cooperative is headquartered in Aitkin, MN.