Nonprofits›Franklin Rural Electric Coop
Franklin Rural Electric Coop
HAMPTON, IA
Total revenue
$9.1M
Total expenses
$9.1M
Net assets
$9.9M
Grants received
—
EIN
420260720
Tax year
2024
Mission
To provide reliable and affordable electricity to our members
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$8.5M
Investment income—
Other revenue$675K
Total revenue$9.1M
Expenses
Grants paid—
Salaries & benefits$369K
Fundraising—
Other expenses$8.0M
Total expenses$9.1M
Total assets$23.1M
Net assets$9.9M
People
12 listed
NameRoleCompensation
GARRETT THOMPSON
GENERAL MANAGER
Board
$129K
40 hrs/wk
KAREN RINGLEB
OFFICE MANAGER/ACCOUNTANT
Board
$86K
40 hrs/wk
JOHN SNYDER
VICE PRESIDENT
Board
$9K
0.3 hrs/wk
GORDON GREIMANN
PRESIDENT
Board
$8K
2.1 hrs/wk
MATTHEW ROELFS
DIRECTOR
Board
$7K
1.6 hrs/wk
DON GREIMANN
DIRECTOR
Board
$7K
2.2 hrs/wk
DAVID KENINGER
SECRETARY/TREASURER
Board
$7K
1.6 hrs/wk
DARWIN VAN HORN
DIRECTOR
Board
$6K
0.4 hrs/wk
DALE SCHAEFER
DIRECTOR
Board
$5K
2.9 hrs/wk
COLE MARZEN
CREW CHIEF
Staff
$105K
40 hrs/wk
TOM DEMRO
CREW CHIEF
Staff
$102K
40 hrs/wk
CHAD FOSTER
MEMBER SERVICE
Staff
$102K
40 hrs/wk
Details
EIN420260720
Subsection12
Ruling date1939-03
Formed1936
Employees18
Volunteers0