Civic Intelligence

Benco Electric Trust

990EZ • Fiscal year 2025 • EIN 41-1985835

Jan 01, 2025 to Dec 31, 2025 • Filed on Mar 10, 2026

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

65th percentile

0.00x

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

2025 filings • NTEE P • <$500k nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.00x

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

2025 filings • NTEE P • <$500k nonprofits • Source year 2025

Net Margin

50th percentile

6.0%

Higher net margin than 50% of similar nonprofits.

2025 filings • NTEE P • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2025 filings • NTEE P • <$500k nonprofits • Source year 2025

Asset Growth

71st percentile

25%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$21,352

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

Net Assets

Up

$21,352

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

Liabilities

Flat

$0

Flat from 2024

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin50th 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

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

2025

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

Operations Trend

Revenue Growth64th percentile

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

2025

Revenue$70,387
Expenses$66,167
Net Income$4,220
Open 2025 Filing
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 Pay81st 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/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT ZEBRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHELSE KRAUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARLYNE DEOPERE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RUBY ISEBRAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ALLAN MUEHLHAUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHEILA OPSAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MATT STARKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAWN GILMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DENNIS KOZIOLEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt066167
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066167
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt066167
IRS990EZ/TotalProgramServiceExpensesAmt066167
IRS990EZ/TotalRevenueAmt070387
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060520
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0275851
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93910
IRS990ScheduleA/PublicSupportPY170Pct00.97660
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IRS990ScheduleA/SubstantialContributorsTotAmt016791
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070384
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046294
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
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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
ReturnHeader/Filer/USAddress/ZIPCd056002
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/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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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