Northwest Iowa Power Cooperative

Le Mars, IA
Tax-exempt since Sept. 1958
EIN: 42-0723014

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Provided first-class or charter travel

Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Revenue

$110M (2023)

Expenses

$110M (2023)

Total Assets

$259M (2023)

Total Liabilities

$165M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Revenue

$110,395,836

Expenses

$109,664,924

Net Income

$730,912

Net Assets

$94,243,152

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$109,367,564	99.1%
Investment Income	$195,738	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$187,274	0.2%
Net Fundraising	$0
Sales of Assets	$58,880	0.1%
Net Inventory Sales	$0
Other Revenue	$586,380	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$890,961	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,253,475	3.9%

Assets/Debt
Total Assets	$258,746,815
Total Liabilities	$164,503,663
Net Assets	$94,243,152

Club or Co-Op Income
Income From Members	$92,002,601
Income From Other Sources	$5,002,222

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp & General Manager)	$286,914	$0	$109,381
Jayme Huber (Vp Of Engineering Services)	$167,472	$0	$54,786
Steve Spieler (Cio)	$154,577	$0	$45,136
Jane Scheitler (Cfo)	$143,920	$0	$53,250
Mark Nelson (Power Dispatching Manager)	$131,901	$0	$41,210
Michael J Persinger (Apparatus Services Manager)	$130,267	$0	$55,383
Thomas Berkenpas (Transmission Superintendent)	$125,384	$0	$51,102
Christopher Larson (Engineer Iii)	$121,015	$0	$34,274
Louis Reed (President)	$21,810	$0	$0
Ronald Steinhoff (Vice President)	$14,630	$0	$0
James Else (Director)	$11,880	$0	$0
Bryan Greve (Director)	$10,500	$0	$0
Trent Will (Secretary)	$8,690	$0	$0
Thomas Wagner (Treasurer)	$6,370	$0	$0
Brenda Lundergard (Director (Beg 04/2023))	$5,350	$0	$0
A James Sharp (Director (End 03/2023))	$2,350	$0	$0

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990

Filed on Aug. 6, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$106,140,124

Expenses

$105,118,609

Net Income

$1,021,515

Net Assets

$89,107,626

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$105,379,757	99.3%
Investment Income	$122,983	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$154,780	0.1%
Net Fundraising	$0
Sales of Assets	$3,087	0.0%
Net Inventory Sales	$0
Other Revenue	$479,517	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$613,206	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,114,515	3.9%

Assets/Debt
Total Assets	$234,022,291
Total Liabilities	$144,914,665
Net Assets	$89,107,626

Club or Co-Op Income
Income From Members	$85,716,427
Income From Other Sources	$2,021,995

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp & General Manager)	$263,194	$0	$130,353
Jayme Huber (Vp Of Engineering Services)	$156,769	$0	$58,238
Steve Spieler (Cio)	$143,651	$0	$49,313
Jane Scheitler (Cfo)	$133,370	$0	$57,346
Steve Harringa (Transmission Superintendent)	$122,320	$0	$71,328
Mark Nelson (Power Dispatching Manager)	$121,981	$0	$49,226
Michael J Persinger (Apparatus Services Manager)	$121,427	$0	$60,217
Louis Reed (President)	$17,960	$0	$0
Ronald Steinhoff (Vice President)	$15,760	$0	$0
Bryan Greve (Director)	$12,700	$0	$0
Trent Will Director (/Secretary (Beg 04/2022))	$8,180	$0	$0
James Else (Director (Beg 04/2022))	$7,970	$0	$0
A James Sharp (Director)	$7,750	$0	$0
Thomas Wagner (Treasurer)	$7,370	$0	$0
William G Farmer (Secretary (End 04/2022))	$1,120	$0	$0

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990

Filed on Aug. 31, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$97,805,529

Expenses

$97,310,307

Net Income

$495,222

Net Assets

$81,705,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$96,841,598	99.0%
Investment Income	$106,642	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$165,945	0.2%
Net Fundraising	$0
Sales of Assets	$3,829	0.0%
Net Inventory Sales	$0
Other Revenue	$687,515	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$569,636	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,106,529	4.2%

Assets/Debt
Total Assets	$209,144,882
Total Liabilities	$127,439,029
Net Assets	$81,705,853

Club or Co-Op Income
Income From Members	$78,874,052
Income From Other Sources	$2,185,725

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp And General Manager)	$244,152	$0	$139,679
Jayme Huber (Vp Of Engineering Services)	$145,880	$0	$57,377
Steve Spieler (Cio)	$134,176	$0	$44,294
Jane Scheitler (Cfo)	$124,385	$0	$54,024
Steve Harringa (Transmission Superintendent)	$117,096	$0	$66,965
Michael J Persinger (Apparatus Services Manager)	$116,437	$0	$56,726
Mark Nelson (Power Dispatching Manager)	$115,778	$0	$43,227
Louis Reed (President)	$17,480	$0	$0
Trent Will (Director)	$10,380	$0	$0
William G Farmer (Secretary)	$10,040	$0	$0
A James Sharp (Director)	$9,800	$0	$0
Ronald Steinhoff (Vice President)	$9,680	$0	$0
Thomas Wagner (Treasurer)	$8,470	$0	$0
Bryan Greve (Director)	$7,600	$0	$0

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990

Filed on July 27, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$104,137,752

Expenses

$103,639,160

Net Income

$498,592

Net Assets

$78,884,404

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$101,369,884	97.3%
Investment Income	$135,037	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$170,586	0.2%
Net Fundraising	$0
Sales of Assets	$1,556	0.0%
Net Inventory Sales	$0
Other Revenue	$2,460,689	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$546,047	0.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,371,602	4.2%

Assets/Debt
Total Assets	$207,293,424
Total Liabilities	$128,409,020
Net Assets	$78,884,404

Club or Co-Op Income
Income From Members	$87,863,075
Income From Other Sources	$4,431,889

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp And General Manager)	$241,765	$0	$114,508
Jayme Huber Engineer Iii Thru April (Vp Of Engineering Srvcs Beg May)	$144,031	$0	$43,770
Steve Spieler (Cio)	$133,237	$0	$43,323
Jane Scheitler (Cfo)	$123,281	$0	$48,095
Steve Harringa (Transmission Superintendent)	$117,894	$0	$60,034
Michael J Persinger (Apparatus Services Manager)	$117,183	$0	$50,358
Steven Ver Mulm (Vp Of Engineering Services Thru April)	$110,419	$0	$60,054
Louis Reed (President)	$10,740	$0	$0
Ronald Steinhoff (Vice President)	$10,540	$0	$0
Bryan Greve (Director)	$8,950	$0	$0
Trent Will (Director)	$7,830	$0	$0
William G Farmer (Secretary)	$7,630	$0	$0
A James Sharp (Director)	$6,950	$0	$0
Thomas Wagner (Treasurer)	$6,560	$0	$0

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990

Filed on Oct. 20, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$103,773,468

Expenses

$103,371,925

Net Income

$401,543

Net Assets

$75,941,890

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$103,210,660	99.5%
Investment Income	$205,462	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$186,354	0.2%
Net Fundraising	$0
Sales of Assets	$51,100	0.0%
Net Inventory Sales	$0
Other Revenue	$119,892	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$722,434	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,994,230	3.9%

Assets/Debt
Total Assets	$190,140,714
Total Liabilities	$114,198,824
Net Assets	$75,941,890

Club or Co-Op Income
Income From Members	$91,184,021
Income From Other Sources	$1,787,101

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp And General Manager)	$213,432	$0	$80,162
Steven Ver Mulm (Vp Of Engineering Services)	$160,207	$0	$116,589
Jayme Huber (Engineer Iii)	$132,154	$0	$35,612
Steve Spieler (Cio)	$123,105	$0	$29,571
Jane Scheitler (Cfo)	$113,244	$0	$40,429
Steve Harringa (Transmission Superintendent)	$110,331	$0	$49,475
Michael J Persinger (Apparatus Services Manager)	$109,749	$0	$41,409
Mark Nelson (Power Dispatching Manager)	$109,375	$0	$31,884
Louis Reed (President)	$13,740	$0	$0
Trent Will (Director)	$11,170	$0	$0
Ronald Steinhoff (Vice President From 04/2019)	$11,010	$0	$0
William G Farmer (Secretary)	$7,980	$0	$0
A James Sharp (Director)	$6,300	$0	$0
Thomas Wagner (Treasurer)	$5,690	$0	$0
Byran Greve (Director)	$4,700	$0	$0
Donald Applegate (Vice President Until 04/2019)	$3,750	$0	$0

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990

Filed on July 31, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$108,335,597

Expenses

$107,182,446

Net Income

$1,153,151

Net Assets

$73,943,525

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$107,872,665	99.6%
Investment Income	$127,114	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$176,332	0.2%
Net Fundraising	$0
Sales of Assets	$11,250	0.0%
Net Inventory Sales	$0
Other Revenue	$148,236	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$691,318	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,026,812	3.8%

Assets/Debt
Total Assets	$173,841,959
Total Liabilities	$99,898,434
Net Assets	$73,943,525

Club or Co-Op Income
Income From Members	$89,126,669
Income From Other Sources	$1,521,022

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec. Vp And General Manager)	$197,720	$0	$82,036
Steven Ver Mulm (Vp Of Engineering Services)	$152,110	$0	$115,052
Jayme Huber (Engineer Iii)	$126,841	$0	$36,653
Steve Spieler (Cio)	$118,661	$0	$32,254
Bruce Shostak (Civil Engineer)	$117,084	$0	$82,273
Jane Scheitler (Cfo)	$108,504	$0	$42,400
Steve Harringa (Transmission Superintendent)	$106,611	$0	$50,929
Michael J Persinger (Apparatus Services Manager)	$106,576	$0	$42,865
Louis Reed (President)	$16,690	$0	$0
Donald Applegate (Vice President)	$10,100	$0	$0
Trent Will (Director)	$8,070	$0	$0
Ronald Steinhoff (Director)	$7,940	$0	$0
William G Farmer (Secretary)	$7,330	$0	$0
Thomas Wagner (Treasurer)	$6,410	$0	$0
A James Sharp (Director)	$5,950	$0	$0

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990

Filed on Aug. 29, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$102,063,487

Expenses

$101,604,547

Net Income

$458,940

Net Assets

$64,265,565

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$101,688,343	99.6%
Investment Income	$114,096	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$182,814	0.2%
Net Fundraising	$0
Sales of Assets	$28,750	0.0%
Net Inventory Sales	$0
Other Revenue	$49,484	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$463,320	0.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,105,926	4.0%

Assets/Debt
Total Assets	$153,848,514
Total Liabilities	$89,582,949
Net Assets	$64,265,565

Club or Co-Op Income
Income From Members	$89,578,171
Income From Other Sources	$1,270,789

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (General Manager)	$188,891	$0	$68,031
Steven Ver Mulm (Vp Of Engineering Services)	$147,455	$0	$103,926
Jayme Huber (Engineer Iii)	$123,114	$0	$32,876
Larry Bowers (Vp Of Information Services)	$118,099	$0	$88,434
Bruce Shostak (Civil Engineer)	$112,257	$0	$78,084
Jane Scheitler (Cfo)	$104,965	$0	$32,327
Marc Scheitler (Senior Telecommunications Technician)	$104,875	$0	$38,003
Louis Reed (President)	$15,530	$0	$0
William G Farmer (Secretary)	$11,220	$0	$0
Ronald Steinhoff (Director)	$11,010	$0	$0
Trent Will (Director)	$10,290	$0	$0
Thomas Wagner (Treasurer)	$7,990	$0	$0
Donald Applegate (Vice President)	$7,000	$0	$0
A James Sharp (Director)	$6,550	$0	$0

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990

Filed on Aug. 3, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$98,900,491

Expenses

$98,238,786

Net Income

$661,705

Net Assets

$61,192,119

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$98,516,665	99.6%
Investment Income	$115,775	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$232,273	0.2%
Net Fundraising	$0
Sales of Assets	$3,200	0.0%
Net Inventory Sales	$0
Other Revenue	$32,578	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$436,395	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,781,649	3.8%

Assets/Debt
Total Assets	$134,205,245
Total Liabilities	$73,013,126
Net Assets	$61,192,119

Club or Co-Op Income
Income From Members	$82,414,962
Income From Other Sources	$1,338,798

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Washburn (Exec Vp / Gen Manager)	$176,215	$0	$49,745
Steven Ver Mulm (Vp Of Engineering Services)	$143,641	$0	$93,580
Larry Bowers (Vp Of Information Services)	$123,573	$0	$89,616
Jayme Huber (Engineer Iii)	$119,586	$0	$30,034
Bruce Shostak (Civil Engineer)	$106,005	$0	$72,575
Jane Scheitler (Cfo)	$101,448	$0	$29,280
Steve Harringa (Transmission Superintendent)	$100,845	$0	$42,979
Louis Reed (President)	$14,180	$0	$0
Trent Will (Director)	$12,230	$0	$0
Ronald Steinhoff (Director)	$12,050	$0	$0
Tom Wagner (Treasurer)	$9,630	$0	$0
William G Farmer (Secretary)	$9,030	$0	$0
Donald Applegate (Vice President)	$7,350	$0	$0
A James Sharp (Director)	$5,730	$0	$0

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990

Filed on Aug. 31, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$90,342,074

Expenses

$89,573,168

Net Income

$768,906

Net Assets

$54,580,414

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$89,811,971	99.4%
Investment Income	$129,766	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$193,365	0.2%
Net Fundraising	$0
Sales of Assets	$35,228	0.0%
Net Inventory Sales	$0
Other Revenue	$171,744	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$536,982	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,624,358	4.0%

Assets/Debt
Total Assets	$120,826,077
Total Liabilities	$66,245,663
Net Assets	$54,580,414

Club or Co-Op Income
Income From Members	$86,273,356
Income From Other Sources	$1,900,647

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Kent Pauling (Executive Vp & General Man)	$194,986	$0	$149,473
Matthew Washburn (Senior Vp & Coo)	$142,134	$0	$47,299
Steven Ver Mulm (Vp Of Engineering Services)	$138,913	$0	$87,277
Larry Bowers (Vp Of Information Services)	$118,402	$0	$80,582
Louis Reed (President)	$14,560	$0	$0
William G Farmer (Secretary (Since May))	$11,900	$0	$0
Tom Wagner (Treasurer)	$8,120	$0	$0
Donald Applegate (Vice President (Since May))	$7,800	$0	$0
Ronald Steinhoff (Director (Since May))	$5,940	$0	$0
A James Sharp (Director (Since May))	$5,100	$0	$0
Trent Will (Director (Since May))	$5,010	$0	$0
Marvin Klein (Secretary (Until Apr))	$4,795	$0	$0
Charles Widman (Vice President (Until Apr))	$4,785	$0	$0
Bruce Amundson (Director (Until Apr))	$3,655	$0	$0

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990

Filed on Sept. 7, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$93,887,731

Expenses

$93,395,859

Net Income

$491,872

Net Assets

$50,211,508

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$93,213,882	99.3%
Investment Income	$115,144	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$213,654	0.2%
Net Fundraising	$0
Sales of Assets	$128,152	0.1%
Net Inventory Sales	$0
Other Revenue	$216,899	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$972,346	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,159,854	3.4%

Assets/Debt
Total Assets	$120,489,296
Total Liabilities	$70,277,788
Net Assets	$50,211,508

Club or Co-Op Income
Income From Members	$90,746,725
Income From Other Sources	$2,146,122

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kent Pauling (Executive Vp & General Manager)	$186,351	$0	$130,898
Steven Ver Mulm (Vp Of Engineering Services)	$134,609	$0	$79,580
Matthew Washburn (Senior Vp & Coo)	$132,366	$0	$37,680
Larry Bowers (Vp Of Information Services)	$113,067	$0	$70,136
Charles Soderberg (Vp Of Planning & Legis. Services)	$104,595	$0	$36,347
Louis Reed (President)	$13,020	$0	$0
William G Farmer (Director)	$10,420	$0	$0
Tom Wagner (Director & Treasurer)	$7,830	$0	$0
Donald Applegate (Director)	$6,900	$0	$0
Charles Widman (Vice President)	$6,570	$0	$0
Marvin Klein (Secretary)	$6,105	$0	$0
Vernon Winterhofuntil 042014 (Director & Treasurer)	$4,545	$0	$0
Bruce Amundson Started 042014 (Director)	$3,830	$0	$0

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990

Filed on Oct. 2, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$91,946,737

Expenses

$91,427,127

Net Income

$519,610

Net Assets

$45,819,636

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$91,365,026	99.4%
Investment Income	$127,743	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$182,303	0.2%
Net Fundraising	$0
Sales of Assets	$34,939	0.0%
Net Inventory Sales	$0
Other Revenue	$236,726	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$928,578	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,053,198	3.3%

Assets/Debt
Total Assets	$116,587,762
Total Liabilities	$70,768,126
Net Assets	$45,819,636

Club or Co-Op Income
Income From Members	$91,225,359
Income From Other Sources	$1,931,404

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kent Pauling (Executive Vp & General Manager)	$177,507	$0	$130,630
Steven Ver Mulm (Vp Of Engineering Services)	$131,262	$0	$86,055
Matthew Washburn (Senior Vp & Coo)	$118,734	$0	$37,774
Larry Bowers (Vp Of Info. Serv. (Beg. July, 2013))	$106,196	$0	$72,220
Charles Soderberg (Vp Of Planning & Legis. Services)	$101,370	$0	$41,738
Louis Reed (President (Beg. April, 2013))	$11,390	$0	$0
Vernon Winterhof (Director & Treas. (Beg. April, 2013))	$8,440	$0	$0
Donald Applegate (Director)	$7,800	$0	$0
Marvin Klein (Secretary)	$7,770	$0	$0
Charles Widman (Vice President)	$7,390	$0	$0
William G Farmer (Director)	$5,930	$0	$0
Alan Lucken (President (Until April, 2013))	$5,250	$0	$0
Tom Wagner (Director)	$4,480	$0	$0

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990

Filed on Oct. 7, 2014

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$81,542,515

Expenses

$81,135,977

Net Income

$406,538

Net Assets

$41,400,026

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$81,191,861	99.6%
Investment Income	$138,349	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$180,408	0.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$31,897	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$795,332	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,979,741	3.7%

Assets/Debt
Total Assets	$103,121,742
Total Liabilities	$61,721,716
Net Assets	$41,400,026

Club or Co-Op Income
Income From Members	$77,521,195
Income From Other Sources	$2,070,065

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$74,972,104

Expenses

$74,929,598

Net Income

$42,506

Net Assets

$37,493,488

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$72,480,872	96.7%
Investment Income	$159,737	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$76,292	0.1%
Net Fundraising	$0
Sales of Assets	$267	0.0%
Net Inventory Sales	$1,009	0.0%
Other Revenue	$2,253,927	3.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$771,263	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$91,974,096
Total Liabilities	$54,480,608
Net Assets	$37,493,488

Club or Co-Op Income
Income From Members	$71,712,495
Income From Other Sources	$1,122,655

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 »

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.

Updated December 20, 2024

Northwest Iowa Power Cooperative

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $110M (2023)

Expenses $110M (2023)

Total Assets $259M (2023)

Total Liabilities $165M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$110M (2023)

Expenses

$110M (2023)

Total Assets

$259M (2023)

Total Liabilities

$165M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005