NonprofitsPrairie Energy Cooperative

Mutual & Membership Benefit

Prairie Energy Cooperative

CLARION, IA

Total revenue

$34.5M

Total expenses

$32.7M

Net assets

$41.8M

Grants received

EIN

421506645

Tax year

2024

Mission

To provide electric power to the cooperative's members located primarily in the rural areas of wright and hancock counties of the state of iowa.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$31.7M
Investment income$82K
Other revenue$2.8M
Total revenue$34.5M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$27.9M
Total expenses$32.7M
Total assets$80.5M
Net assets$41.8M

People

15 listed

NameRoleCompensation

TIM MARIENAU

CHIEF EXECUTIVE OFFICER

Board

$146K

45 hrs/wk

LORI DEMUTH

FINANCE MANAGER

Board

$97K

43 hrs/wk

DONALD CHRISTOPHERSON

SECRETARY/TREASURER

Board

$15K

4 hrs/wk

RYAN EEKHOFF

DIRECTOR

Board

$15K

4 hrs/wk

ALLYN WADDINGHAM

ASSISTANT SECRETARY/TREASURER

Board

$14K

4 hrs/wk

SCOTT HASTY

VICE PRESIDENT

Board

$13K

4 hrs/wk

MARION DENGER

PRESIDENT

Board

$12K

5 hrs/wk

TED HALL

DIRECTOR

Board

$9K

4 hrs/wk

ANNETTE JULSON

DIRECTOR

Board

$5K

4 hrs/wk

JOSHUA AMONSON

VICE PRESIDENT - PART YEAR

Board

$5K

3.5 hrs/wk

KEN NOREM

DIR. OPERATIONS & ENGINEER

Staff

$146K

41 hrs/wk

WESTON HELD

LINEMAN

Staff

$111K

42 hrs/wk

ANDREW STUPKA

FOREMAN

Staff

$111K

43 hrs/wk

HUNTER VENZ

LEAD LINEMAN

Staff

$108K

42 hrs/wk

STEVE JACKSON

OPERATIONS COORDINATOR

Staff

$107K

42 hrs/wk

Independent contractors

HIGHLINE CONSTRUCTION INC

LINE BUILDS FOR FEMA MITIGATION PROJECT

$2.6M

LEGACY POWER LINE INC

LINE BUILDS

$909K

GLOBAL MAPPING SOLUTIONS LLC

GIS MAPPING OF TERRITORY

$110K

JACOB KVALE DBA KVALE TREE SERVICE

TREE TRIMMING AND TREE REMOVAL

$104K

Details

EIN421506645
NTEE codeY22
Subsection12
Ruling date2001-10
Formed2000
Employees32
Volunteers0
PRAIRIE ENERGY COOPERATIVE — Mission, Financials & Grants Received | Grantivo