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Missouri Rural Electric Cooperative

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
$20.9M (2023)

Expenses
$20.6M (2023)

Total Assets
$41.3M (2023)

Total Liabilities
$20.5M (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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,931,899
Expenses
$20,604,528
Net Income
$327,371
Net Assets
$20,788,300
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,644,782
93.9%
Investment Income $53,426
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,233,691
5.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,278,014
Total Liabilities $20,489,714
Net Assets $20,788,300
Club or Co-Op Income
Income From Members $19,644,782
Income From Other Sources $1,287,117
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $174,437 $0 $62,684
Andrew Barnett (Foreman Lineman) $107,119 $0 $50,117
Kyle Schneider (Foreman Lineman) $105,388 $0 $40,075
Andy Augspurg (Lead Lineman) $102,569 $0 $40,910
Andy Hudson (Journeyman Lineman) $101,641 $0 $40,448
Benjamin Martin (Operations Manager) $101,274 $0 $70,596
Kayla Klauser (Manager Of Finance And Accoun) $94,219 $0 $36,524
Ross Frankenbach (Director) $14,350 $0 $0
Greg R Straus (Director) $10,500 $0 $0
Robert Hall (Director) $8,400 $0 $0
Ollie L Pennewell (Director) $8,400 $0 $0
Shondell Haerr (President) $8,400 $0 $0
Joseph Swisher (Vice President) $7,000 $0 $0
Trent Gottman (Secretary) $5,950 $0 $0
Dick Disselhorst (Treasurer) $5,600 $0 $0
Gerald Schoenborn (Director) $4,900 $0 $0
Cole Sutter (Director) $3,150 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,174,289
Expenses
$19,549,148
Net Income
-$374,859
Net Assets
$20,388,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,642,668
97.2%
Investment Income $39,769
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $491,852
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,944,273
Total Liabilities $18,555,406
Net Assets $20,388,867
Club or Co-Op Income
Income From Members $18,642,668
Income From Other Sources $531,621
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $166,252 $0 $72,092
Kayla Klauser (Manager Of Finance And Accoun) $91,456 $0 $51,901
Ollie L Pennewell (Director) $9,450 $0 $0
Ross Frankenbach (Director) $9,100 $0 $0
Joseph Swisher (Vice President) $8,050 $0 $0
Gerald Schoenborn (Director) $7,350 $0 $0
Trent Gottman (Secretary) $7,350 $0 $0
Shondell Haerr (President) $7,000 $0 $0
Robert Hall (Director) $5,950 $0 $0
Dick Disselhorst (Treasurer) $5,950 $0 $0
Greg R Straus (Director) $2,800 $0 $0
David Wright (Director) $2,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,573,881
Expenses
$19,626,189
Net Income
-$52,308
Net Assets
$20,606,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,669,421
95.4%
Investment Income $21,939
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $882,521
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,368,089
Total Liabilities $16,761,189
Net Assets $20,606,900
Club or Co-Op Income
Income From Members $18,669,421
Income From Other Sources $904,460
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $159,142 $0 $68,586
Kayla Klauser (Manager Of Finance And Accoun) $88,281 $0 $49,510
Gerald Schoenborn (Secretary) $10,150 $0 $0
Butch Pennewell (Director) $6,750 $0 $0
Robert Hall (Director) $6,750 $0 $0
Joseph Swisher (Vice President) $6,750 $0 $0
Dick Disselhorst (Treasurer) $5,750 $0 $0
Ross Frankenbach (Director) $5,550 $0 $0
Shondell Haerr (Director) $5,400 $0 $0
David Wright (President) $5,400 $0 $0
Trent Gottman (Director) $4,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,864,203
Expenses
$19,885,628
Net Income
-$21,425
Net Assets
$20,641,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,361,879
92.4%
Investment Income $37,474
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,464,850
7.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,605,492
Total Liabilities $15,964,296
Net Assets $20,641,196
Club or Co-Op Income
Income From Members $18,361,879
Income From Other Sources $1,502,324
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $153,982 $0 $66,194
Kayla Klauser (Manager Of Finance And Accoun) $86,200 $0 $53,038
Gerald Schoenborn (Secretary) $6,900 $0 $0
Robert Hall (Director) $6,000 $0 $0
Butch Pennewell (Director) $4,800 $0 $0
Dick Disselhorst (Treasurer) $4,500 $0 $0
Trent Gottman (Director) $3,900 $0 $0
Ross Frankenbach (Director) $3,900 $0 $0
Shondell Haerr (Director) $3,900 $0 $0
David Wright (President) $3,900 $0 $0
Joseph Swisher (Vice President) $3,900 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,260,899
Expenses
$18,752,545
Net Income
$508,354
Net Assets
$20,602,751
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,346,084
95.3%
Investment Income $61,155
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $853,660
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,063,158
Total Liabilities $14,460,407
Net Assets $20,602,751
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $143,449 $0 $60,860
Kayla Klauser (Manager Of Finance And Accoun) $84,025 $0 $29,436
Gerald Schoenborn (Secretary) $12,600 $0 $0
Butch Pennewell (Director) $10,800 $0 $0
Joseph Swisher (Vice President) $8,700 $0 $0
Ross Frankenbach (Director) $8,400 $0 $0
Robert Hall (Director) $8,100 $0 $0
Shondell Haerr (Director) $7,500 $0 $0
Dick Disselhorst (Treasurer) $6,600 $0 $0
Trent Gottman (Director) $6,300 $0 $0
David Wright (President) $5,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,385,437
Expenses
$18,507,439
Net Income
$877,998
Net Assets
$20,085,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,588,112
95.9%
Investment Income $45,670
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $751,655
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,294,096
Total Liabilities $14,208,456
Net Assets $20,085,640
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hudson (General Manager) $130,233 $0 $57,983
Susan M Bridgman (Manager Of Finance And Accoun) $89,216 $0 $45,555
Kayla Klauser (Manager Of Finance And Accoun) $47,696 $0 $6,396
Gerald Schoenborn (Secretary) $10,500 $0 $0
Butch Pennewell (Director) $8,400 $0 $0
Shondell Haerr (Director) $7,500 $0 $0
Ross Frankenbach (Director) $6,900 $0 $0
Joseph Swisher (Vice President) $6,600 $0 $0
Trent Gottman (Director) $6,000 $0 $0
Dick Disselhorst (Treasurer) $5,700 $0 $0
Robert Hall (Director) $5,400 $0 $0
David Wright (President) $3,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,835,293
Expenses
$17,937,627
Net Income
$897,666
Net Assets
$19,188,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,005,238
95.6%
Investment Income $29,352
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $800,703
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $33,793,887
Total Liabilities $14,605,365
Net Assets $19,188,522
Club or Co-Op Income
Income From Members $18,005,238
Income From Other Sources $830,055
Compensation
Key Employees and Officers Compensation Related Other
Susan M Bridgman (Manager Of Finance And Accoun) $86,501 $0 $130,410
Matthew Hudson (General Manager) $79,369 $0 $105,344
Gerald Schoenborn (Secretary) $11,700 $0 $0
Butch Pennewell (Director) $10,350 $0 $0
Shondell Haerr (Director) $9,450 $0 $0
Ross Frankenbach (Director) $9,150 $0 $0
Joseph Swisher (Vice President) $8,850 $0 $0
Robert Hall (Director) $7,650 $0 $0
Trent Gottman (Director) $7,650 $0 $0
Dick Disselhorst (Treasurer) $7,200 $0 $0
David Wright (President) $5,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,284,203
Expenses
$17,848,744
Net Income
$435,459
Net Assets
$18,261,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,514,766
95.8%
Investment Income $24,744
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $744,693
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $314,548
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,016,391
Total Liabilities $13,754,502
Net Assets $18,261,889
Club or Co-Op Income
Income From Members $17,514,766
Income From Other Sources $769,437

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,332,818
Expenses
$16,848,737
Net Income
$484,081
Net Assets
$17,618,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,742,156
96.6%
Investment Income $25,906
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $564,756
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $301,961
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,904,119
Total Liabilities $13,285,384
Net Assets $17,618,735
Club or Co-Op Income
Income From Members $16,742,146
Income From Other Sources $590,672
Compensation
Key Employees and Officers Compensation Related Other
Richard D Donelson (General Manager) $164,921 $0 $60,394
Susan M Bridgman (Manager Of Finance & Accou) $79,840 $0 $38,997
Gerald E Schoenborn (Secretary) $11,400 $0 $0
Joseph W Swisher (Vice President) $9,000 $0 $0
Shondell L Haerr (Director) $8,100 $0 $0
David M Wright (President) $7,200 $0 $0
Ross Frankenbach (Director) $6,900 $0 $0
Ollie L Pennewell Iii (Director) $6,600 $0 $0
Robert L Hall (Director) $6,300 $0 $0
Richard L Disselhorst (Treasurer) $6,000 $0 $0
Trent A Gottman (Director) $2,700 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,086,996
Expenses
$20,912,745
Net Income
-$1,825,749
Net Assets
$17,336,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,312,031
95.9%
Investment Income $75,056
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $699,909
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $286,648
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,429,716
Total Liabilities $14,093,127
Net Assets $17,336,589
Club or Co-Op Income
Income From Members $18,312,031
Income From Other Sources $774,965
Compensation
Key Employees and Officers Compensation Related Other
Richard D Donelson (General Manager) $155,578 $0 $57,729
Susan M Bridgman (Manager Of Finance & Accou) $77,670 $0 $38,070
Gerald E Schoenborn (Secretary) $10,200 $0 $0
Robert L Hall (Director) $7,500 $0 $0
William Eugene Denish (Director) $7,200 $0 $0
Joseph W Swisher (Vice President) $7,200 $0 $0
Ross Frankenbach (Director) $6,900 $0 $0
Richard L Disselhorst (Treasurer) $6,300 $0 $0
David M Wright (President) $5,700 $0 $0
Ollie L Pennewell Iii (Director) $1,200 $0 $0
Shondell L Haerr (Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,717,508
Expenses
$19,471,069
Net Income
$246,439
Net Assets
$17,507,560
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,916,894
95.9%
Investment Income $85,670
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $714,944
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $275,375
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,776,139
Total Liabilities $13,268,579
Net Assets $17,507,560
Club or Co-Op Income
Income From Members $18,896,627
Income From Other Sources $888,933
Compensation
Key Employees and Officers Compensation Related Other
Richard D Donelson (General Manager) $146,946 $0 $54,498
Susan M Bridgman (Manager Of Finance & Accou) $74,879 $0 $36,819
Victor R Cline (Secretary) $8,700 $0 $0
Joseph W Swisher (Director) $7,550 $0 $0
Ross Frankenbach (Director) $6,200 $0 $0
William Eugene Denish (Director) $6,000 $0 $0
Gerald E Schoenborn (Director) $5,900 $0 $0
Richard L Disselhorst (Treasurer) $5,300 $0 $0
Robert L Hall (Director) $4,800 $0 $0
Norman L Haerr (Vice President) $4,800 $0 $0
David M Wright (President) $4,300 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,060,411
Expenses
$17,543,461
Net Income
$516,950
Net Assets
$16,353,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,155,345
95.0%
Investment Income $56,527
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $848,539
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $267,651
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,972,487
Total Liabilities $12,618,847
Net Assets $16,353,640
Club or Co-Op Income
Income From Members $17,147,405
Income From Other Sources $943,216

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,186,030
Expenses
$16,613,676
Net Income
-$427,646
Net Assets
$15,462,399
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,496,878
95.7%
Investment Income $31,155
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $657,997
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $255,262
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $27,952,573
Total Liabilities $12,490,174
Net Assets $15,462,399
Club or Co-Op Income
Income From Members $15,509,200
Income From Other Sources $676,830

Document Links

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

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

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

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

Fiscal Year Ending Dec.
2006

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

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

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

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.

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