NonprofitsFarmers Electric Cooperative

Farmers Electric Cooperative

KALONA, IA

Total revenue

$3.5M

Total expenses

$2.8M

Net assets

$6.8M

Grants received

EIN

420245083

Tax year

2024

Mission

Providing electric services to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$64K
Other revenue$702K
Total revenue$3.5M

Expenses

Grants paid
Salaries & benefits$125K
Fundraising
Other expenses$2.7M
Total expenses$2.8M
Total assets$7.0M
Net assets$6.8M

People

6 listed

NameRoleCompensation

TIM HEISDORFFER

GENERAL MANAGER

Board

$91K

40 hrs/wk

DEAN MILLER

PRESIDENT

Board

$4K

1 hrs/wk

DOUG SLABAUGH

VICE PRESIDENT

Board

$4K

1 hrs/wk

KEITH TROYER

DIRECTOR

Board

$4K

1 hrs/wk

STEVE HAMAN

SECRETARY

Board

$3K

1 hrs/wk

JOHN MAST

DIRECTOR

Board

$3K

1 hrs/wk

Details

EIN420245083
Subsection12
Ruling date1940-03
Formed1916
Employees5
Volunteers0
FARMERS ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo