NonprofitsNorth West Rural Electric Cooperative

North West Rural Electric Cooperative

ORANGE CITY, IA

Total revenue

$61.5M

Total expenses

$59.8M

Net assets

$70.4M

Grants received

EIN

421404169

Tax year

2024

Mission

Provide electricity to its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$61.1M
Investment income$364K
Other revenue$10K
Total revenue$61.5M

Expenses

Grants paid$56K
Salaries & benefits$5.2M
Fundraising
Other expenses$51.1M
Total expenses$59.8M
Total assets$153.4M
Net assets$70.4M

People

18 listed

NameRoleCompensation

LYLE D KORVER

CEO

Board

$283K

44.2 hrs/wk

CURTIS F AHRENHOLZ

FINANCE DIRECTOR

Board

$140K

41.5 hrs/wk

JEFF REHDER

PRESIDENT

Board

$13K

8 hrs/wk

DAVE BOSMA

DIRECTOR

Board

$11K

6 hrs/wk

SHIRLEY SCHROEDER - DIRECTOR

(UNTIL 3/24)/ASST S/T(AS OF 4/24)

Board

$11K

5 hrs/wk

DAN VAN BEEK

DIRECTOR

Board

$9K

5 hrs/wk

DALE ULLRICH - ASST ST

(UNTIL 3/24)/VP(AS OF 4/24)

Board

$9K

5 hrs/wk

STEVE ABMA

DIRECTOR

Board

$9K

5 hrs/wk

STEVE BROWN

SECRETARY

Board

$9K

5 hrs/wk

TOM WAGNER

TREASURER

Board

$8K

5 hrs/wk

DAN HOFFMAN

DIRECTOR

Board

$7K

7 hrs/wk

DOUGLAS BECKER - VP UNTIL

3/24)/DIRECTOR(AS OF 4/24)

Board

$7K

5 hrs/wk

SCOTT FEUERHELM

DIRECTOR

Board

$6K

5.5 hrs/wk

DOUGLAS J ALONS

OPERATIONS DIRECTOR

Staff

$133K

40.4 hrs/wk

ROBERT J DRIESEN

MEMBER SERVICES DIRECTOR

Staff

$125K

41.1 hrs/wk

DERRICK W HAAK

ASSISTANT OPERATIONS DIRECTOR

Staff

$125K

40.3 hrs/wk

JUSTIN D NIPPERT

LEAD LINEMAN

Staff

$118K

43.3 hrs/wk

MICHAEL A BERKENPAS

LEAD LINEMAN

Staff

$118K

43.3 hrs/wk

Independent contractors

H&D UNDERGROUND INC

URD BORING & PLOWING

$753K

Details

EIN421404169
Subsection12
Ruling date1998-06
Formed1938
Employees44
Volunteers0
NORTH WEST RURAL ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo