Nonprofits›Raccoon Valley Electric Cooperative
Public & Societal Benefit
Raccoon Valley Electric Cooperative
GLIDDEN, IA
Total revenue
$17.0M
Total expenses
$16.1M
Net assets
$23.7M
Grants received
—
EIN
271224818
Tax year
2024
Mission
Provide electric service to members.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$16.9M
Investment income$101K
Other revenue$62K
Total revenue$17.0M
Expenses
Grants paid$14K
Salaries & benefits$2.2M
Fundraising—
Other expenses$12.9M
Total expenses$16.1M
Total assets$54.1M
Net assets$23.7M
People
14 listed
NameRoleCompensation
JAMES GOSSETT
CEO
Board
$180K
40 hrs/wk
EUGENE HANDLOS
CFO
Board
$130K
40 hrs/wk
MARK LUDWIG
SECRETARY/TREASURER
Board
$12K
6.9 hrs/wk
KAREN WERNER
ASST SEC-TREAS.
Board
$8K
4.5 hrs/wk
STEVE SCHABLE
VICE PRESIDENT
Board
$7K
3.7 hrs/wk
DAVID ONKEN
PRESIDENT
Board
$7K
4.9 hrs/wk
DAVE SCHROEDER
DIRECTOR
Board
$6K
2.8 hrs/wk
JEFF CRANSTON
DIRECTOR
Board
$6K
3.6 hrs/wk
ADAM HANDLOS
DIRECTOR
Board
$5K
1.4 hrs/wk
JACK SCANLAN
LINE SUPERINTENDENT
Staff
$117K
40 hrs/wk
CHAD LANKFORD
METER TECHNICIAN
Staff
$107K
40 hrs/wk
RYAN GALLOWAY
LINE FOREMAN
Staff
$106K
40 hrs/wk
MITCHELL MCKEEVER
OPERATIONS SUPERINTENDENT
Staff
$105K
40 hrs/wk
TERRY VAUBLE
LINE FOREMAN
Staff
$105K
40 hrs/wk
Details
EIN271224818
NTEE codeW80
Subsection12
Ruling date2010-05
Formed2010
Employees17
Volunteers0