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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 Inc.

Farmers Electric Cooperative Inc.

Fiscal year ending 2020. Filed on September 30, 2021.

2389 Hwy 92 PO Box 330
Greenfield, Iowa 50849

Farmers Electric Cooperative Inc. (EIN: 42-0243365) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Farmers Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 3 out of 24 total employees. Among the employees shown here, the average compensation is $129,835. The highest compensated employee at Farmers Electric Cooperative Inc. is C Charles Dunn with fiscal year 2020 compensation of $244,843.

Revenue, expenses, and employee compensation

Revenue

$14,409,009

Expenses

$13,104,505

Employee compensation

$2,275,997
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

C Charles Dunn
Chief Executive Officer
$244,843
$155,378 No related comp$89,465
Garrett Thompson
CFO Until 09/2020
$115,342
$82,476 No related comp$32,866
Lori Kinyon
CFO FROM 10/2020
$29,319
$26,595 No related comp$2,724

Benchmark Employee Compensation

Non-Employee Board Members

Roxann Rhoads
Treasurer
$8,550
$8,550 No related compNo other comp
Steve Chandler
Vice President
$6,900
$6,900 No related compNo other comp
Kris Petter
Director
$6,625
$6,625 No related compNo other comp
Dan Westphal
President
$5,800
$5,800 No related compNo other comp
Kevin Tanner
Secretary
$5,400
$5,400 No related compNo other comp
Mark Earhart
Director
$5,100
$5,100 No related compNo other comp
Kevin Stender
Director
$4,800
$4,800 No related compNo other comp
Darrell Jensen
Director
$4,200
$4,200 No related compNo other comp
Robert Newton
Director Until 08/2020
$3,450
$3,450 No related compNo other comp
Janelle Peiffer
Director
$2,625
$2,625 No related compNo other comp

Contractors

Cr Environmental Inc.
Tree Trimming
$300,316
National Information Solutions
Software/Mailing of Stmts./Postage
$108,872
Midwest Spray Team & Sales
Brush/Weed Spraying
$100,358

Mission Statement

FARMERS ELECTRIC COOPERATIVE, INC. EXISTS TO DELIVER SAFE, RELIABLE, AFFORDABLE ELECTRICITY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE WITHIN OUR COMMUNITIES.

Revisions to this organization profile

July 8, 2025:
2024 Farmers Electric Cooperative Inc. 990 filed
August 6, 2024:
2023 Farmers Electric Cooperative Inc. 990 filed
July 27, 2023:
2022 Farmers Electric Cooperative Inc. 990 filed

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