2026-03-31T15:36:28-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2025-01-01 411768397 STEARNS ELECTRIC ASSOCIATION TRUST STEA 8009620655 700 KRAFT DR SE PO BOX 40 MELROSE MN 563520040 RONALD PAULSEN PRESIDENT 8009620655 2026-03-03 1 KATHERINE LUTZKE CPA P01760889 5072802300 2026-03-03 2025 2025-03-06 01:10:19Z X RONALD PAULSEN 700 KRAFT DR SE PO BOX 40 MELROSE MN 563520040 206061 0 X WWW.STEARNSELECTRIC.ORG/COMMUNITY/OPERATION-ROUND X 1993 MN 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. 9 9 0 0 0 0 202254 205631 0 0 459 430 0 0 202713 206061 187100 190546 0 0 2800 2800 0 0 0 1053 1032 190953 194378 11760 11683 68847 80530 0 0 68847 80530 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. 0 0 190546 190546 0 THE ORGANIZATION COLLECTS AND DISBURSES FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES IN THE AREA SERVED BY STEARNS COOPERATIVE ELECTRIC ASSOCIATION. GRANTS ARE GIVEN TO CHARITABLE ORGANIZATIONS, WORTHY CAUSES, & INDIVIDUALS IN NEED AFTER THE BOARD REVIEWS AN "OPERATION ROUND UP APPLICATION" REQUESTING FUNDS. ORGANIZATIONS OR INDIVIDUALS REQUESTING FUNDS EXPLAIN WHAT THE FUNDS WILL BE USED FOR AND WHY THEY ARE IN NEED. PROFILE INFORMATION ON THE APPLICATION IS ALSO USED AS THE BASIS FOR A GRANT. 190546 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MN X CINDY ANDERSON 8009620655 700 KRAFT DR SE PO BOX 40 MELROSE MN 563520040 RONALD PAULSEN PRESIDENT 0.37 0.00 X X 500 0 0 CHRIS BERGMAN VICE PRESIDENT 0.19 0.00 X X 200 0 0 STEVE GUDGELL SECRETARY/TREASURER 0.33 0.00 X X 400 0 0 AL POSER DIRECTOR 0.29 0.00 X 300 0 0 MEREDITH ULRICH DIRECTOR 0.29 0.00 X 300 0 0 DAVID CEBULLA DIRECTOR 0.29 0.00 X 300 0 0 NICOLE HOLTHAUS DIRECTOR 0.29 0.00 X 300 0 0 MIKE MEAGHER DIRECTOR 0.12 0.00 X 100 0 0 ANN REISCHL DIRECTOR 0.19 0.00 X 200 0 0 CONNIE SPANSWICK DIRECTOR 0.19 0.00 X 200 0 0 MATT O'SHEA CEO-STEARNS ELECTRIC ASSOC 0.00 45.00 X 0 308084 127462 2800 308084 127462 0 0 1 0 0 6896 198735 205631 430 430 0 6896 0 0 206061 0 0 430 190546 190546 2800 2800 1007 1007 MN STATE FILING FEE 25 25 194378 190546 3832 0 58274 69674 10573 10856 68847 80530 0 0 X 68847 80530 68847 80530 68847 80530 11683 0 X 0 1 X 1 0 X 161394 172688 178011 202254 205631 919978 161394 172688 178011 202254 205631 919978 919978 101 125 343 459 430 1458 921436 0.99840 0.99870 X 0 X 206061 0 206061 0 206061 194378 0 194378 0 194378 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION TRUST THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. HOWEVER, UNRELATED BUSINESS INCOME, IF ANY, MAY BE SUBJECT TO TAXATION. THE TRUST EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024. 1 HENRY'S HEROES 26266 COUNTY ROAD 23 RICHMOND MN 56368 922730896 501(C)(3) 5896 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE TRUST BOARD MAINTAINS RECORDS OF ALL ORGANIZATIONS FUNDED SINCE THE INCEPTION OF THE ORU PROGRAM AT STEARNS ELECTRIC. THEY FOLLOW THE TRUST BOARD BYLAWS, ARTICLES OF INCORPORATION AND OPERATING GUIDELINES AS CRITERIA FOR WHAT ORGANIZATIONS RECEIVE FUNDING AND THE AMOUNT OF THAT POTENTIAL FUNDING. AFTER ORGANIZATIONS RECEIVE FUNDING, BASED ON THEIR APPLICATION AND THE TRUST BOARD'S DISCERNMENT OF THE GUIDELINES IN ACCORDANCE WITH THEIR APPLICATION, WE DON'T MONITOR WHAT THE FUNDS ARE USED FOR AS THE FUNDING WAS APPROVED BASED ON THEIR REQUEST IN THEIR APPLICATION. 0 0 0 0 0 0 0 0 0 MATT O'SHEA CEO-STEARNS ELECTRIC ASSOC 0 286309 0 11500 0 10275 0 92718 0 34744 0 435546 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND / OR THE MANAGER OF FINANCE PROVIDE AND REVIEW FORM 990 WITH DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENT AVAILABLE UPON REQUEST. STEARNS COOPERATIVE ELECTRIC ASSOCIATION 700 KRAFT DR SE PO BOX 40 MELROSE MN 56352 410558175 ELECTRIC COOPERATIVE MN 501(C)(12) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0