NonprofitsMissouri Rural Electric Cooperative

Missouri Rural Electric Cooperative

PALMYRA, MO

Total revenue

$22.0M

Total expenses

$21.5M

Net assets

$21.4M

Grants received

EIN

430416260

Tax year

2024

Mission

The primary exempt purpose of the cooperative is to provide electric service to its approximately 4,400 members representing 5,651 meters in five counties in northeast missouri.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$20.7M
Investment income$35K
Other revenue$1.3M
Total revenue$22.0M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$20.7M
Total expenses$21.5M
Total assets$42.4M
Net assets$21.4M

People

17 listed

NameRoleCompensation

ROSS FRANKENBACH

SECRETARY

Board

$14K

10.92 hrs/wk

ROBERT HALL

DIRECTOR

Board

$10K

4.37 hrs/wk

GREG R STRAUS

DIRECTOR

Board

$10K

3.09 hrs/wk

JOSEPH SWISHER

VICE PRESIDENT

Board

$10K

4.77 hrs/wk

COLE SUTTER

DIRECTOR

Board

$7K

1.87 hrs/wk

OLLIE L PENNEWELL

DIRECTOR

Board

$7K

2.58 hrs/wk

SHONDELL HAERR

PRESIDENT

Board

$7K

1.83 hrs/wk

DICK DISSELHORST

TREASURER

Board

$6K

2.98 hrs/wk

TRENT GOTTMAN

DIRECTOR

Board

$5K

1.02 hrs/wk

BRENDA ALTHOFF

DIRECTOR

Board

$3K

0.93 hrs/wk

MATTHEW HUDSON

GENERAL MANAGER

Staff

$182K

44.86 hrs/wk

KYLE SCHNEIDER

FOREMAN LINEMAN

Staff

$111K

44.39 hrs/wk

ANDY AUGSPURG

LEAD LINEMAN

Staff

$109K

43.93 hrs/wk

ANDREW BARNETT

FOREMAN LINEMAN

Staff

$109K

43.44 hrs/wk

TANNER GORDON

JOURNEYMAN LINEMAN

Staff

$107K

45.01 hrs/wk

BENJAMIN MARTIN

OPERATIONS MANAGER

Staff

$106K

43.01 hrs/wk

KAYLA KLAUSER

MANAGER OF FINANCE AND ACCOUNTING

Staff

$98K

40.77 hrs/wk

Independent contractors

WA KENDALL AND COMPANY LLC

CONTRACT LABOR

$763K

Details

EIN430416260
Subsection12
Ruling date1950-09
Formed1936
Employees26
MISSOURI RURAL ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo