NonprofitsIowa Association Of Electric Cooperatives

Iowa Association Of Electric Cooperatives

DES MOINES, IA

Total revenue

$6.1M

Total expenses

$6.1M

Net assets

$2.6M

Grants received

$142K

5 grants

EIN

420662488

Tax year

2023

Mission

To provide services to rural electric cooperatives.

Programs

3 programs

Safety programs - provided education and training in areas related to electric & osha safety. Several staff members were devoted exclusively to this function.

Government relations - provide information to legislative and administrative parties in federal and state government on rural electric issues.

Communications - promoted public awareness of rural electric cooperatives and their purpose and activities particularly what member-consumer-owners can do to use energy more efficiently. Approximately 58,000 copies of "iowa electric cooperative living" magazines are circulated monthly.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$6.0M
Investment income$106K
Other revenue$17K
Total revenue$6.1M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$3.4M
Total expenses$6.1M
Total assets$3.4M
Net assets$2.6M

People

15 listed

NameRoleCompensation

CHARLES SODERBERG

PAST EXECUTIVE V.P./GENERAL MANAGER

Board

$327K

40 hrs/wk

ROGER SOLOMONSON

PRESIDENT

Board

$17K

2 hrs/wk

KENNETH VANDENBERG

SECRETARY/TREASURER

Board

$13K

2 hrs/wk

GORDON GREIMANN

VICE PRESIDENT

Board

$12K

2 hrs/wk

JIM MILLER

DIRECTOR

Board

$11K

2 hrs/wk

TONY LEM

DIRECTOR

Board

$11K

2 hrs/wk

BRUCE AMUNDSON

DIRECTOR

Board

$10K

2 hrs/wk

DEENA MOORE

ASSISTANT SECRETARY/TREASURER

Board

$8K

2 hrs/wk

MARION DENGER

NRECA DIRECTOR

Board

$7K

2 hrs/wk

LESLIE KAUFMAN

EXECUTIVE V.P/GENERAL MANAGER

Board

40 hrs/wk

KEVIN WHEELER

MANAGER'S REPRESENTATIVE

Board

2 hrs/wk

ETHAN HOHENADEL

DIRECTOR - REGULATORY AFFAIRS

Staff

$171K

40 hrs/wk

TIM FALK

DIRECTOR - BENEFITS

Staff

$170K

40 hrs/wk

KEVIN CONDON

DIRECTOR - GOVT RELATIONS

Staff

$160K

40 hrs/wk

SCOTT MEINEKE

DIRECTOR - SAFETY

Staff

$146K

40 hrs/wk

Independent contractors

JACOBSEN & COMPANY LLP

ACCOUNTING

$174K

SULLIVAN & WARD PC

LEGAL

$110K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$32K
EDUCATIONAL FUND-EDUCATIONAL CONTENT FOR LIVING WITH ENERGY IN IOWA MAGAZINE
2024
$32K
EDUCATIONAL FUND-EDUCATIONAL CONTENT FOR LIVING WITH ENERGY IN IOWA MAGAZINE
2023
$26K
EDUCATIONAL FUND-EDUCATIONAL CONTENT FOR LIVING WITH ENERGY IN IOWA MAGAZINE
2022
$26K
EDUCATIONAL FUND-EDUCATIONAL CONTENT FOR LIVING WITH ENERGY IN IOWA MAGAZINE
2021
$26K
EDUCATIONAL FUND-EDUCATIONAL RESOURCES AND MEMBER EDUCATION
2020

Funded by

$142K from 1 funder · 5 grants · 2020–2024

National Rural Utilities Cooperative

$142K · 5 grants · 2020–2024

Details

EIN420662488
Subsection06
Ruling date1943-11
Formed1942
Employees17
Volunteers0
IOWA ASSOCIATION OF ELECTRIC COOPERATIVES — Mission, Financials & Grants Received | Grantivo