NonprofitsNishnabotna Valley Rural Electric Cooperative

Nishnabotna Valley Rural Electric Cooperative

HARLAN, IA

Total revenue

$21.5M

Total expenses

$20.4M

Net assets

$30.5M

Grants received

EIN

420519838

Tax year

2024

Mission

Provide safe and reliable electric services to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$21.4M
Investment income$41K
Other revenue
Total revenue$21.5M

Expenses

Grants paid$8K
Salaries & benefits$1.4M
Fundraising
Other expenses$17.4M
Total expenses$20.4M
Total assets$54.7M
Net assets$30.5M

People

14 listed

NameRoleCompensation

KARA MEINERS

MANAGER OF ADMINISTRATIVE SERVICES

Board

$84K

43.76 hrs/wk

DONNA OLSON

PRESIDENT

Board

$9K

8.81 hrs/wk

GENE KENKEL

VICE-PRESIDENT

Board

$5K

2.83 hrs/wk

DAVID APPLEGATE

DIRECTOR

Board

$5K

2 hrs/wk

BRYAN GREVE

SECRETARY-TREASURER

Board

$4K

2.12 hrs/wk

THOMAS PATTEE

DIRECTOR

Board

$4K

3.05 hrs/wk

DARRELL STAMP

DIRECTOR

Board

$4K

2.48 hrs/wk

GALEN GRABILL

DIRECTOR

Board

$3K

1.96 hrs/wk

WILLIAM MCKIM

CEO

Board

18.08 hrs/wk

KERT BARNUM

DIRECTOR OF OPERATIONS

Staff

$128K

49.13 hrs/wk

DAVID MONSON

MATERIALS COORDINATOR/FOREMAN

Staff

$128K

45.98 hrs/wk

JACOB COOK

JOURNEYMAN

Staff

$115K

45.11 hrs/wk

AARON NIPPERT

FOREMAN

Staff

$114K

42.77 hrs/wk

DILLON CLARK

JOURNEYMAN

Staff

$114K

45.11 hrs/wk

Independent contractors

ENOVUS MANAGEMENT COOP

MANAGEMENT SERVICES

$398K

LOOSBROCK DIGGING SRV

CONTRACTOR

$358K

SCHRAEDER ELECTRIC LLC

CONTRACTOR

$267K

NATIONAL INFORMATION SOLUTIONS COOP

SOFTWARE CONTRACTOR

$105K

Details

EIN420519838
Subsection12
Ruling date1940-11
Formed1936
Employees19
Volunteers0
NISHNABOTNA VALLEY RURAL ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo