Civic Intelligence

Benco Electric Trust

EIN 41-1985835 • 501(c)3 • Mankato, MN

Pub. 78 Eligible990-N CoverageNTEE P60

Profile

To fund charitable and educational organizations that service the community area served by benco electric cooperative.

PO Box 8Mankato, MN 56002

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P60 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P60 • <$500k nonprofits • Source year 2025

Net Margin

49th percentile

6.0%

Higher net margin than 49% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P60 • <$500k nonprofits • Source year 2025

Asset Growth

64th percentile

25%

Faster asset growth than 64% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

65th percentile

16%

Faster revenue growth than 65% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$21,352

Up $4,220 (+25%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$21,352

Up $4,220 (+25%) from 2024

Operations
Liabilities / Revenue75th percentileNet Margin49th percentile

Revenue

Up

$70,387

Up $9,864 (+16%) from 2024

Expenses

Up

$66,167

Up $1,964 (+3.1%) from 2024

Net Income

Up

$4,220

Up $7,900 (+215%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2024: $17,132Liabilities 2024: $0Net Assets 2024: $17,1322024Assets 2025: $21,352Liabilities 2025: $0Net Assets 2025: $21,3522025

Highlighted filing

2025

Assets$21,352
Liabilities$0
Net Assets$21,352
Open 2025 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2024: $60,523Expenses 2024: $64,203Net Income 2024: -$3,6802024Revenue 2025: $70,387Expenses 2025: $66,167Net Income 2025: $4,2202025

Highlighted filing

2025

Revenue$70,387
Expenses$66,167
Net Income$4,220
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,352
Liabilities
$0
Net assets
$21,352
Revenue
$70,387
Expenses
$66,167
Net income
$4,220
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.4$0.00$21.4$70.4$66.2$4.22
2024Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$60.5$64.2$3.68
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 10, 2026
Return Version
2025v4.0
Gross Receipts
$70,387
Mission and Program Overview

Mission

To fund charitable and educational organizations that service the community area served by benco electric cooperative.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE OPERATION ROUND UP TRUST SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF BENCO ELECTRIC COOPERATIVE.$66,167$66,167
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT ZEBROChair-$0--
CHELSE KRAUSEVice Chair-$0--
DARLYNE DEOPERESecretary-$0--
RUBY ISEBRANDTreasurer-$0--
ALLAN MUEHLHAUSENTrustee-$0--
SHEILA OPSALTrustee-$0--
MATT STARKEYTrustee-$0--
DAWN GILMANTrustee-$0--
DENNIS KOZIOLEKTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Benco Electric Trust
EIN
41-1985835
Phone
5073877963
Address
PO BOX 8, MANKATO, MN 56002

Signing Officer

Name
Chance Briscoe
Title
CEO
Phone
5073877963
Signed
2026-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
2689 COMMERCE DRIVE NW SUITE 201, ROCHESTER, MN 55901
Preparer
Katherine Lutzke CPA
Phone
5072802300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 3.”

Raw XML Appendix179 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT ZEBRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHELSE KRAUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARLYNE DEOPERE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RUBY ISEBRAND
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHEILA OPSAL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAWN GILMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FUND CHARITABLE AND EDUCATIONAL ORGANIZATIONS THAT SERVICE THE COMMUNITY AREA SERVED BY BENCO ELECTRIC COOPERATIVE.
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt066167
IRS990EZ/TotalRevenueAmt070387
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060520
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048616
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93910
IRS990ScheduleA/PublicSupportPY170Pct00.97660
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0275851
IRS990ScheduleA/TotalSupportAmt0275857
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHANCE BRISCOE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05073877963
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BENCO ELECTRIC TRUST
ReturnHeader/Filer/BusinessNameControlTxt0BENC
ReturnHeader/Filer/EIN0411985835
ReturnHeader/Filer/PhoneNum05073877963
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8
ReturnHeader/Filer/USAddress/CityNm0MANKATO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02689 COMMERCE DRIVE NW SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PhoneNum05072802300
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE LUTZKE CPA
ReturnHeader/ReturnTs02026-03-19T08:22:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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