NonprofitsHeartland Power Cooperative

Heartland Power Cooperative

THOMPSON, IA

Total revenue

$33.7M

Total expenses

$33.3M

Net assets

$38.2M

Grants received

EIN

421468305

Tax year

2024

Mission

To provide electricity to rural communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$33.4M
Investment income$53K
Other revenue$249K
Total revenue$33.7M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$28.8M
Total expenses$33.3M
Total assets$69.7M
Net assets$38.2M

People

15 listed

NameRoleCompensation

JON LEERAR

CEO/GENERAL MANAGER

Board

$220K

50 hrs/wk

KARRIE PRINGNITZ

DIRECTOR OF FINANCE

Board

$133K

50 hrs/wk

ROGER SOLOMONSON

DIRECTOR

Board

$11K

7 hrs/wk

DON KNUDTSON

PRESIDENT

Board

$11K

8 hrs/wk

VINCE MORISCHE

SECRETARY

Board

$10K

6.5 hrs/wk

MICHAEL COLE

ASST. SECRETARY TREASURER FROM 03/24

Board

$10K

6.5 hrs/wk

TRICIA JAEGER

TREASURER

Board

$9K

6.5 hrs/wk

MARK KINGLAND

VICE PRESIDENT

Board

$8K

7 hrs/wk

STEVEN GROTH

DIRECTOR FROM 03/24

Board

$2K

5 hrs/wk

GARY PEARSON

ASST. SECRETARY-TREASURER UTL. 03/24

Board

$825

5 hrs/wk

DAVE LOW

DIRECTOR OF OPERATIONS

Staff

$124K

45 hrs/wk

JARRETT WOODS

FIRST CLASS LINEMAN

Staff

$109K

40 hrs/wk

PETE PAULSON

LINE FOREMAN

Staff

$108K

40 hrs/wk

GABE MAYER

LINE FOREMAN

Staff

$107K

40 hrs/wk

COLTON SKARPOHL-OST

LINEMAN

Staff

$106K

40 hrs/wk

Independent contractors

ZINNIEL UTILITY CONTRACTING

UNDERGROUND UTILITY CONTRACTOR

$963K

HIGHLINE CONSTRUCTION

CONSTRUCTION CONTRACTOR

$680K

MCPEAK TRENCHING

UNDERGROUND UTILITY CONTRACTOR

$368K

ASPLUNDH TREE EXPERT CO

TREE TRIMMING

$291K

STAR ENERGY SERVICES

ENGINEERING AND OTHER SERVICES

$199K

Details

EIN421468305
Subsection12
Ruling date1998-08
Formed1997
Employees27
Volunteers0
HEARTLAND POWER COOPERATIVE — Mission, Financials & Grants Received | Grantivo