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EAST CENTRAL ENERGY

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Public nonprofit record

EAST CENTRAL ENERGY

EIN 41-0480748 · Mutual & Membership Benefit (Y)

What they do

to PROVIDE ELECTRIC DISTRIBUTION, FIBER and OTHER RELATED SERVICES to ITS MEMBERS.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$155,598,325
Expenses$161,010,311
Annual shortfall $5,411,986 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Grants paid$120,000 · 0.1% of expenses
Revenue$155,598,325
Expenses$161,010,311
Assets$497,896,008
Income$155,598,325
Grants given$120,000
Average grant$10,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JUSTIN JAHNZPRESIDENT/CEO · 43 hrs/week $456,319Base $345,714 · Other $110,605
TY HOUGLUMVP/CHIEF INFORMATION OFFIC · 45 hrs/week $376,742Base $263,723 · Other $113,019
ANDY OLSONVP/CHIEF OPERATING OFFICER · 42 hrs/week $371,961Base $262,585 · Other $109,376
LISA PRACHARVP/CHIEF FINANCIAL OFFICER · 42 hrs/week $307,738Base $259,775 · Other $47,963
TOR KINDEMLINE TECHNICIAN · 56 hrs/week $272,061Base $186,888 · Other $85,173
DAVID WALETSKIMANAGER, ENGINEERING · 42 hrs/week $267,256Base $181,126 · Other $86,130
MARK MACHOVECLINE TECHNICIAN · 53 hrs/week $237,410Base $181,356 · Other $56,054
MARK NELSONMANAGER, BUSINESS ACCOUNTS · 43 hrs/week $222,047Base $163,530 · Other $58,517
KEVIN KLOCKELINE TECHNICIAN · 52 hrs/week $195,947Base $162,832 · Other $33,115
SHELLY NAULTDIRECTOR · 10 hrs/week $22,092
THOMAS SCHOENECKERASSISTANT SECRETARY/TREASURER · 9 hrs/week $20,470
JIM JESOKSECRETARY/TREASURER · 7 hrs/week $18,503

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

JUSTIN JAHNZPRESIDENT/CEO

TY HOUGLUMVP/CHIEF INFORMATION OFFIC

ANDY OLSONVP/CHIEF OPERATING OFFICER

LISA PRACHARVP/CHIEF FINANCIAL OFFICER

TOR KINDEMLINE TECHNICIAN

DAVID WALETSKIMANAGER, ENGINEERING

MARK MACHOVECLINE TECHNICIAN

MARK NELSONMANAGER, BUSINESS ACCOUNTS

KEVIN KLOCKELINE TECHNICIAN

SHELLY NAULTDIRECTOR

THOMAS SCHOENECKERASSISTANT SECRETARY/TREASURER

JIM JESOKSECRETARY/TREASURER

LINDA LAITALADIRECTOR

JERRY TVEDTCHAIR

LONNIE JOHNSONDIRECTOR

RON VOLKERDIRECTOR

WAYNE ELLERDIRECTOR

GREG KVASNICKAVICE CHAIR

RICK OLSONDIRECTOR

MICHAEL GAINORDIRECTOR

JOSEPH MORLEYDIRECTOR (THROUGH APRIL 2024)

About this charity

Recognized since
January 1937
Location
PO BOX 39, BRAHAM, MN 550060039
County
Isanti
In care of
JUSTIN JAHNZ
Primary officer
JUSTIN JAHNZ, CEO/PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BRADY MARTZ & ASSOCIATES PC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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