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Riverland Energy Cooperative

  • Arcadia, WI
  • Tax-exempt since Sept. 1937
  • EIN: 39-0663435

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$42.6M (2022)

Expenses
$42.6M (2022)

Total Assets
$125M (2022)

Total Liabilities
$74M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,632,803
Expenses
$42,622,372
Net Income
$10,431
Net Assets
$51,363,774
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $41,162,988
96.6%
Investment Income $1,437,412
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,611
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,792
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,221,198
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $125,319,295
Total Liabilities $73,955,521
Net Assets $51,363,774
Club or Co-Op Income
Income From Members $41,167,780
Income From Other Sources $1,575,827
Compensation
Key Employees and Officers Compensation Related Other
Jerald Sorenson (General Manager) $239,189 $0 $0
Timothy Holtan (Operations Manager) $142,799 $0 $83,123
Tyler Vitse (Lineman) $129,188 $0 $17,987
Dillon Marten (Lineman) $129,188 $0 $17,723
Marc Mades (Lineman) $123,478 $0 $13,452
Brett Palmer (Lineman) $122,788 $0 $19,224
Mark Schamaun (Lineman) $121,575 $0 $0
David Paudler (Board President) $15,175 $0 $0
Dennis Frame (Board Secretary Treas) $15,050 $0 $0
Bernadine Zingsheim (Director) $11,850 $0 $0
Cletus Foegen (Director) $11,200 $0 $0
Gary Dvoracek (Director) $11,000 $0 $0
Fran Fedie (Director) $10,575 $0 $0
Bryce Lisowski (Director) $9,600 $0 $0
David Anderson (Director) $9,075 $0 $0
Filla Dan (Board Vice President) $8,825 $0 $0
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Document Links

990
Filed on May 9, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,958,076
Expenses
$39,947,704
Net Income
$10,372
Net Assets
$50,585,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,414,404
96.1%
Investment Income $1,501,155
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $30,084
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $12,433
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $898,239
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $120,553,523
Total Liabilities $69,967,996
Net Assets $50,585,527
Club or Co-Op Income
Income From Members $38,245,578
Income From Other Sources $1,666,910
Compensation
Key Employees and Officers Compensation Related Other
Jerald Sorenson (General Manager) $206,538 $0 $199,557
Timothy Holtan (Operations Manager) $127,970 $0 $78,820
Brandon Lee (Lineman) $120,500 $0 $16,047
Pete Boos (Lineman) $120,192 $0 $69,664
Todd Hong (Lineman) $115,884 $0 $49,829
Mark Schamaun (Lineman) $114,530 $0 $69,160
Dennis Frame (Board Secretary Treas) $14,325 $0 $0
David Paudler (Board President) $12,625 $0 $0
Bernadine Zingsheim (Director) $11,425 $0 $0
Gary Dvoracek (Director) $10,525 $0 $0
Fran Fedie (Director) $9,725 $0 $0
Bryce Lisowski (Director) $9,275 $0 $0
David Anderson (Director) $8,375 $0 $0
Filla Dan (Board Vice President) $7,875 $0 $0
Cletus Foegen (Director) $5,950 $0 $0
David Ernst (Director) $2,525 $0 $0
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Document Links

990
Filed on April 26, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,800,578
Expenses
$39,015,458
Net Income
$785,120
Net Assets
$49,278,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,575,881
96.9%
Investment Income $1,189,143
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,458
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $8,096
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,040,634
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $113,700,024
Total Liabilities $64,421,125
Net Assets $49,278,899
Club or Co-Op Income
Income From Members $38,435,833
Income From Other Sources $1,151,465
Compensation
Key Employees and Officers Compensation Related Other
Jerald Sorenson (General Manager) $200,245 $0 $155,555
Timothy Holtan (Operations Manager) $124,038 $0 $56,731
Todd Hong (Lineman) $120,061 $0 $40,877
Brandon Lee (Lineman) $118,541 $0 $12,494
Pete Boos (Lineman) $116,414 $0 $51,520
Robin Sosalla (Line Superintendent) $102,499 $0 $22,429
David Paudler (Board President) $13,975 $0 $0
Dennis Frame (Board Secretary Treas) $12,675 $0 $0
David Anderson (Director) $10,650 $0 $0
Bea Zingsheim (Director) $9,750 $0 $0
David Ernst (Director) $9,200 $0 $0
Fran Fedie (Director) $8,800 $0 $0
Gary Dvoracek (Director) $8,375 $0 $0
Dan Filla (Board Vice President) $7,900 $0 $0
Bryce Lisowski (Director) $4,500 $0 $0
Beth Ede (Director) $2,000 $0 $0
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Document Links

990
Filed on April 28, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,258,874
Expenses
$39,247,805
Net Income
$11,069
Net Assets
$48,024,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,050,590
96.9%
Investment Income $1,178,343
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,579
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,362
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,029,875
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $113,147,106
Total Liabilities $65,122,936
Net Assets $48,024,170
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,399,747
Expenses
$38,399,492
Net Income
$255
Net Assets
$46,795,063
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,647,743
98.0%
Investment Income $726,905
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,358
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$258
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $642,288
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $103,620,003
Total Liabilities $56,824,940
Net Assets $46,795,063
Club or Co-Op Income
Income From Members $37,482,722
Income From Other Sources $709,213

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,805,548
Expenses
$37,810,473
Net Income
-$4,925
Net Assets
$45,482,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,057,842
95.4%
Investment Income $1,722,762
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,668
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $276
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $343,708
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $96,609,164
Total Liabilities $51,126,374
Net Assets $45,482,790
Club or Co-Op Income
Income From Members $35,837,071
Income From Other Sources $1,321,494

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,450,186
Expenses
$36,328,520
Net Income
$121,666
Net Assets
$43,912,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $35,243,041
96.7%
Investment Income $1,179,524
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,121
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $8,500
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $352,655
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $92,699,201
Total Liabilities $48,786,829
Net Assets $43,912,372
Club or Co-Op Income
Income From Members $35,056,585
Income From Other Sources $11,130,499

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,637,864
Expenses
$36,397,149
Net Income
$1,240,715
Net Assets
$43,067,561
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,239,828
96.3%
Investment Income $1,381,903
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,822
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$3,689
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $322,522
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $89,258,789
Total Liabilities $46,191,228
Net Assets $43,067,561
Club or Co-Op Income
Income From Members $34,693,495
Income From Other Sources $1,330,859

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,622,278
Expenses
$37,650,818
Net Income
-$28,540
Net Assets
$41,401,407
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,221,442
96.3%
Investment Income $1,381,197
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,324
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $315
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $372,730
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $87,269,642
Total Liabilities $45,868,235
Net Assets $41,401,407
Club or Co-Op Income
Income From Members $36,064,572
Income From Other Sources $1,306,829

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,835,895
Expenses
$37,943,968
Net Income
-$108,073
Net Assets
$39,028,964
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,174,466
95.6%
Investment Income $1,644,233
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,508
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,312
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $431,543
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $86,617,371
Total Liabilities $47,588,407
Net Assets $39,028,964
Club or Co-Op Income
Income From Members $35,965,750
Income From Other Sources $14,721,089

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,044,149
Expenses
$37,264,195
Net Income
-$220,046
Net Assets
$36,940,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $35,476,088
95.8%
Investment Income $1,552,163
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,766
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,868
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $352,738
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $81,964,414
Total Liabilities $45,023,575
Net Assets $36,940,839
Club or Co-Op Income
Income From Members $35,348,062
Income From Other Sources $1,352,808

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,158,084
Expenses
$36,235,257
Net Income
-$77,173
Net Assets
$35,105,395
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,429,844
95.2%
Investment Income $1,711,117
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,229
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,106
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $335,187
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $79,083,451
Total Liabilities $43,978,056
Net Assets $35,105,395
Club or Co-Op Income
Income From Members $34,359,993
Income From Other Sources $1,313,691

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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