NonprofitsMidwest Electric Cooperative Corporation

Midwest Electric Cooperative Corporation

GRANT, NE

Total revenue

$33.6M

Total expenses

$34.6M

Net assets

$43.7M

Grants received

EIN

470348438

Tax year

2024

Mission

To safely provide reliable power and high-quality service to our cooperative members in an efficient and cost-effective manner.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$33.1M
Investment income$534K
Other revenue$16K
Total revenue$33.6M

Expenses

Grants paid
Salaries & benefits$5.1M
Fundraising
Other expenses$26.4M
Total expenses$34.6M
Total assets$87.5M
Net assets$43.7M

People

17 listed

NameRoleCompensation

JAYSON BISHOP

GENERAL MANAGER

Board

$197K

40 hrs/wk

RILEY D KENNEDY

FINANCIAL MANAGER

Board

$114K

40 hrs/wk

VANCE MCCOY

TREASURER

Board

$7K

2 hrs/wk

BRAD HARMS

DIRECTOR

Board

$7K

2 hrs/wk

MARK MCCONNELL

DIRECTOR

Board

$6K

2 hrs/wk

BRENT NELSON

DIRECTOR MARCH-DECEMBER

Board

$5K

2 hrs/wk

DENNIS HUTT

DIRECTOR

Board

$5K

2 hrs/wk

GAVIN MCCLINTOCK

SECRETARY

Board

$5K

2 hrs/wk

NICK HANSON

VICE PRESIDENT

Board

$4K

2 hrs/wk

CHRIS CORNELIUS

DIRECTOR

Board

$4K

2 hrs/wk

SHAWN TURNER

PRESIDENT

Board

$4K

2 hrs/wk

DALE SCHROEDER

DIRECTOR JANUARY-FEBRUARY

Board

$650

2 hrs/wk

KARL LAKE

ENGINEERING MANAGER

Staff

$124K

40 hrs/wk

TIM JOHNSON

APPARATUS TECHNICIAN

Staff

$122K

40 hrs/wk

KRAIG WYKERT

OPERATIONS MANAGER

Staff

$122K

40 hrs/wk

KYLE R DEEDS

FOREMAN

Staff

$120K

40 hrs/wk

SETH COCKERILL

GRANT FOREMAN

Staff

$119K

40 hrs/wk

Independent contractors

LITTREL CONSTRUCTION CO LLC

CONSTRUCTION

$196K

SBS INSPECTION

INSPECTION

$108K

Details

EIN470348438
Subsection12
Ruling date1955-08
Formed1939
Employees36
MIDWEST ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo