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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Farmers Electric Cooperative

Farmers Electric Cooperative

Fiscal year ending 2024. Filed on July 31, 2025.

1959 Yoder Ave SW
Kalona, Iowa 52247

Farmers Electric Cooperative (EIN: 42-0245083) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Farmers Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 1 out of 5 total employees. Among the employees shown here, the average compensation is $107,776. The highest compensated employee at Farmers Electric Cooperative is Tim Heisdorffer with fiscal year 2024 compensation of $107,776.

Revenue, expenses, and employee compensation

Revenue

$3,537,877

Expenses

$2,817,463

Employee compensation

$125,111
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tim Heisdorffer
General Manager
$107,776
$91,190 No related comp$16,586

Benchmark Employee Compensation

Non-Employee Board Members

Dean Miller
President
$3,750
$3,750 No related compNo other comp
Keith Troyer
Director
$3,510
$3,510 No related compNo other comp
Doug Slabaugh
Vice President
$3,510
$3,510 No related compNo other comp
Steve Haman
Secretary
$3,310
$3,310 No related compNo other comp
John Mast
Director
$3,255
$3,255 No related compNo other comp

Mission Statement

PROVIDING ELECTRIC SERVICES TO MEMBER PATRONS

Revisions to this organization profile

July 31, 2025:
2024 Farmers Electric Cooperative 990 filed
September 9, 2024:
2023 Farmers Electric Cooperative 990 filed
November 1, 2023:
2022 Farmers Electric Cooperative 990 filed

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