NonprofitsOsceola Electric Cooperative Inc

Osceola Electric Cooperative Inc

SIBLEY, IA

Total revenue

$10.0M

Total expenses

$9.6M

Net assets

$12.9M

Grants received

EIN

420451575

Tax year

2024

Mission

Rural electric cooperative that provides electric service to its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.9M
Investment income$54K
Other revenue$16K
Total revenue$10.0M

Expenses

Grants paid$14K
Salaries & benefits$993K
Fundraising
Other expenses$8.2M
Total expenses$9.6M
Total assets$23.0M
Net assets$12.9M

People

12 listed

NameRoleCompensation

JEFF TENNAPEL

EXECUTIVE VP/GENERAL MANAGER

Board

$164K

40 hrs/wk

TERRENCE CLARK

PRESIDENT

Board

$8K

3.6 hrs/wk

DANIEL HEILMAN

DIRECTOR

Board

$7K

3.2 hrs/wk

DEAN HASPELS

SECRETARY/TREASURER

Board

$7K

3.1 hrs/wk

DOUGLAS ROTH

DIRECTOR

Board

$6K

3.1 hrs/wk

ADAM HOEKSTRA

DIRECTOR

Board

$5K

3 hrs/wk

LINDSAY WATTERSON

DIRECTOR (BEG MAR 2024)

Board

$5K

3 hrs/wk

DEREK ACKERMAN

VICE PRESIDENT

Board

$5K

2.4 hrs/wk

STEVEN VOSS

DIRECTOR (UNTIL FEB 2024)

Board

$500

1.6 hrs/wk

TOMMY STOREY JR

LINE FOREMAN

Staff

$117K

40 hrs/wk

LANCE GROEN

CREW LEADER

Staff

$110K

40 hrs/wk

ROBERT LOUIS

JOURNEYMAN LINEMAN

Staff

$104K

40 hrs/wk

Independent contractors

HIGHLINE CONSTRUCTION INC

INSTALLATION OF OVERHEAD LINE AND ASSOCI

$2.3M

LOOSBROCK DIGGING SERVICE

INSTALLATION OF UNDERGROUND CABLE AND AS

$2.2M

Details

EIN420451575
Subsection12
Ruling date1940-08
Formed1938
Employees9
Volunteers0
OSCEOLA ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo