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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 Franklin Rural Electric Cooperative

Franklin Rural Electric Cooperative

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

PO Box 437
Hampton, Iowa 50441

Franklin Rural Electric Cooperative (EIN: 42-0260720) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Franklin Rural Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 3 out of 19 total employees. Among the employees shown here, the average compensation is $82,681. The highest compensated employee at Franklin Rural Electric Cooperative is Karen Ringleb with fiscal year 2020 compensation of $130,459.

Revenue, expenses, and employee compensation

Revenue

$7,991,273

Expenses

$7,824,589

Employee compensation

$281,501
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen Ringleb
Office Manager/Accountant
$130,459
$69,790 No related comp$60,669
Becky Bradburn
General Manager - PART YEAR
$90,199
$57,813 No related comp$32,386
Garrett Thompson
General Manager
$27,385
$24,648 No related comp$2,737

Benchmark Employee Compensation

Non-Employee Board Members

John Snyder
Board Vice President
$5,460
$5,460 No related compNo other comp
Gordon Greimann
Board President
$5,000
$5,000 No related compNo other comp
David Keninger
Board Secretary and Treasurer
$4,945
$4,945 No related compNo other comp
Marvin Janssen
Board Member
$4,930
$4,930 No related compNo other comp
Dale Schaefer
Board Member
$4,830
$4,830 No related compNo other comp
Don Greimann
Board Member
$4,200
$4,200 No related compNo other comp
Darwin van Horn
Board Member
$4,095
$4,095 No related compNo other comp
Gordon Meyer
Board Director - PART YEAR
No compensation reported

Mission Statement

TO PROVIDE RELIABLE AND AFFORDABLE ELECTRICITY TO OUR MEMBERS

Revisions to this organization profile

October 30, 2025:
2024 Franklin Rural Electric Cooperative 990 filed
October 30, 2024:
2023 Franklin Rural Electric Cooperative 990 filed
October 25, 2023:
2022 Franklin Rural Electric Cooperative 990 filed

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