Minnesota Rural Electric Association


Minnesota Rural Electric Association

MREA provides services and leadership for electric cooperatives. Membership fee based on annual kilowatt hours sold and number of consumers. Membership: $360-$3,750 (Vendor).

Organization Type:
State or Regional Association
Acronym:
MREA
Tax Exempt Status:
501(c)(6)
Industry:
Energy/Electricity, Electricity & Electronics
Year Founded:
1940
Address:
11640 73rd Ave N
Maple Grove, MN 55369-5500
Telephone:
Fax:
Website:
Staff:
16
Members:
44 electric distribution cooperatives and 6 generation and transmission cooperatives
Certification Programs:
JLC


Financial Snapshot

 

Total revenues: $5,483,823


Year - 2024
1st-yr growth
10.49%
 
 
 
 
 
Year by Year
Revenue
 
MEMBERSHIP DUES & ASSESSMENTS
 
EDUCATION & LOSS CONTROL
 
Investment income

Total expenses: $5,015,041


Year - 2024
1st-yr growth
8.68%
 
 
 
 
 
Year by Year
Expenses
 
Other expenses
 
Compensation for non-officers/directors
 
Compensation of current officers, directors, etc
 
Other

Total assets: $3,928,922


Year - 2024
1st-yr growth
14.93%
 
 
 
 
 
Year by Year
Assets
 
Savings and temporary cash investments
 
Land, buildings, & equipment (net)
 
Cash -- non-interest bearing
 
Other

Total Liabilities: $608,099


Year - 2024
1st-yr growth
6.64%
 
 
 
 
 
Year by Year
Liabilities
 
Deferred revenue
 
Accounts payable and accrued expenses
 
Other liabilities


 
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