NonprofitsLyon Rural Electric Cooperative

Lyon Rural Electric Cooperative

ROCK RAPIDS, IA

Total revenue

$13.9M

Total expenses

$13.9M

Net assets

$14.4M

Grants received

EIN

420389015

Tax year

2024

Mission

Rural utility service

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$13.3M
Investment income$59K
Other revenue$558K
Total revenue$13.9M

Expenses

Grants paid
Salaries & benefits$278K
Fundraising
Other expenses$12.8M
Total expenses$13.9M
Total assets$34.3M
Net assets$14.4M

People

15 listed

NameRoleCompensation

ROSS LOOMANS

GENERAL MANAGER

Board

$167K

42.16 hrs/wk

DAVID GRIESSE

DIRECTOR

Board

$7K

3.67 hrs/wk

DAVID DE BOER

SECRETARY

Board

$6K

3.07 hrs/wk

DAVID HUFF

PRESIDENT

Board

$6K

4.5 hrs/wk

ALLEN POPPENS

DIRECTOR

Board

$6K

3.58 hrs/wk

JESSEE ROEMEN

DIRECTOR

Board

$5K

2.47 hrs/wk

DAMON PEDERSEN

DIRECTOR

Board

$5K

2.3 hrs/wk

NOLAN KOOIKER

VICE PRESIDENT

Board

$5K

3.1 hrs/wk

RODNEY MOGLER

TREASURER

Board

$5K

2.16 hrs/wk

JERRY MULDER

DIRECTOR

Board

$4K

1.17 hrs/wk

DUSTIN TIMMERMAN

LINE FOREMAN

Staff

$132K

42.49 hrs/wk

LARRY WIBBEN

MEMBER SERVICES DIRECTOR

Staff

$117K

41.31 hrs/wk

BRYAN HERUM

LEAD LINEMAN

Staff

$110K

40.61 hrs/wk

PATRICK WUBBEN

LINEMAN

Staff

$109K

41.59 hrs/wk

TANNER CHURCH

LINEMAN

Staff

$103K

41.27 hrs/wk

Independent contractors

LOOSBROCK DIGGING SERVICE

CABLE PLOWING, DIRECTIONAL BORING AND BA

$637K

PROFESSIONAL COMPUTER SYSTEMS

SOFTWARE SUPPORT AND DEVELOPMENT

$117K

Details

EIN420389015
Subsection12
Ruling date1940-11
Formed1938
Employees12
Volunteers0
LYON RURAL ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo