Stearns Electric Association Trust
Donations deductibleStearns Electric Association Trust's network
10 people3 organisationsi10 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Al Poser | Director | 2023 | 3 yrs |
| Ann Reischl | Director | 2021 | 5 yrs |
| Chris Bergman | Vice President | 2021 | 5 yrs |
| Connie Spanswick | Director | 2025 | 1 yr |
| David Cebulla | Director | 2024 | 2 yrs |
| Meredith Ulrich | Director | 2024 | 2 yrs |
| Mike Meagher | Director | 2025 | 1 yr |
| Nicole Holthaus | Director | 2025 | 1 yr |
| Ronald Paulsen | President | 2022 | 4 yrs |
| Steve Gudgell | Secretary/Treasurer | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Matt O'Shea | CEO-Stearns Electric Assoc | since 2024 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Ronald Paulsen | President | 0.37 | $500 | ||
| Steve Gudgell | Secretary/Treasurer | 0.33 | $400 | ||
| Al Poser | Director | 0.29 | $300 | ||
| Meredith Ulrich | Director | 0.29 | $300 | ||
| David Cebulla | Director | 0.29 | $300 | ||
| Nicole Holthaus | Director | 0.29 | $300 | ||
| Chris Bergman | Vice President | 0.19 | $200 | ||
| Ann Reischl | Director | 0.19 | $200 | ||
| Connie Spanswick | Director | 0.19 | $200 | ||
| Mike Meagher | Director | 0.12 | $100 | ||
| Matt O'shea | CEO-Stearns Electric Assoc | 0 | $0 | $308k | $127k |
About
- Legal name
- Stearns Electric Association Trust
- EIN
- 411768397
- Address
- Po Box 40, Melrose, MN, 56352-0040
- State
- Minnesota
- Mission
- To serve as responsible stewards of the generosity of stearns electric association member-consumers and distribute grant funds in a manner that enhances the overall quality of life in our local community. (as filed on the Form 990)
- Activity (NTEE)
- T70Z Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 3 (IRS master file code)
- Formed
- 1993
- Principal officer
- Ronald Paulsen (as named on the Form 990)
- IRS ruling date
- 1 February 1995
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥5years on the filingsAnn Reischl
≥5years on the filingsChris Bergman
≥4years on the filingsRonald Paulsen
≥3years on the filingsAl Poser
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $81k
- Total liabilities
- $0
- Net assets or fund balances
- $81k
- Contributions and grants received
- $206k
- Program service revenue
- $0
- Grants and similar paid out
- $191k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $203k | $191k | $12k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Henry's Heroes | General support | $6k |