Civic Intelligence

Benco Electric Trust

990EZ • Fiscal year 2024 • EIN 41-1985835

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 27, 2025

Organization ProfileN/A
PO Box 8Mankato, MN 56002

(507) 387-7963

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.00x

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

2024 filings • NTEE P60 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.00x

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

2024 filings • NTEE P60 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-6.1%

Higher net margin than 23% of similar nonprofits.

2024 filings • NTEE P60 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2024 filings • NTEE P60 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

$17,132

No earlier filing loaded for comparison.

Net Assets

$17,132

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin23rd percentile

Revenue

$60,523

No earlier filing loaded for comparison.

Expenses

$64,203

No earlier filing loaded for comparison.

Net Income

-$3,680

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

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

Highlighted filing

2024

Assets$17,132
Liabilities$0
Net Assets$17,132
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2024

Revenue$60,523
Expenses$64,203
Net Income-$3,680
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 27, 2025
Return Version
2024v5.1
Gross Receipts
$60,523
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.$64,203$64,203
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT ZEBROChair-$0--
NANCY JENKINSVice 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
David Sunderman
Title
CEO
Phone
5073877963
Signed
2025-03-27
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 Appendix178 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/PersonNm0MATT ZEBRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NANCY JENKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARLYNE DEOPERE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RUBY ISEBRAND
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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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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.
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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/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060520
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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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/PersonNm0DAVID SUNDERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05073877963
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-27
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
ReturnHeader/Filer/USAddress/ZIPCd056002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02689 COMMERCE DRIVE NW SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055901
ReturnHeader/PreparerPersonGrp/PhoneNum05072802300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE LUTZKE CPA
ReturnHeader/ReturnTs02025-03-31T14:27:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,132
Liabilities
$0
Net assets
$17,132
Revenue
$60,523
Expenses
$64,203
Net income
-$3,680
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