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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 Midland Power Cooperative

Midland Power Cooperative

Fiscal year ending 2019. Filed on November 3, 2020.

1005 E Lincoln Way
Jefferson, Iowa 50129

Midland Power Cooperative (EIN: 42-1378565) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Midland Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 55 total employees. Among the employees shown here, the average compensation is $149,510. The highest compensated employee at Midland Power Cooperative is Bill McKim with fiscal year 2019 compensation of $217,969.

Revenue, expenses, and employee compensation

Revenue

$52,341,800

Expenses

$49,342,072

Employee compensation

$2,844,838
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bill McKim
Chief Executive Officer
$217,969
$169,592 No related comp$48,377
Bruce Keeney
Vice President, Operations
$157,517
$118,112 No related comp$39,405
Brian Killeen
Lineman
$152,088
$117,456 No related comp$34,632
Norm Fandel
Vice President, Business Development
$151,646
$116,720 No related comp$34,926
Dan Kyle
Line Superintendent
$144,201
$104,926 No related comp$39,275
Barry Munson
Lineman
$121,061
$100,798 No related comp$20,263
Jill Gannon
Accounting Manager
$102,086
$73,192 No related comp$28,894

Benchmark Employee Compensation

Non-Employee Board Members

Jack Runge
President
$12,490
$12,490 No related compNo other comp
Joel Skow
Director
$9,351
$9,351 No related compNo other comp
James Byriel
Director
$9,343
$9,343 No related compNo other comp
Tom Ross
Vice President
$9,086
$9,086 No related compNo other comp
Mike Coleman
Treasurer
$9,084
$9,084 No related compNo other comp
Kim Rinker
Director
$7,445
$7,445 No related compNo other comp
Tom Ingebritson
Director
$7,033
$7,033 No related compNo other comp
Randy Christensen
Secretary
$6,103
$6,103 No related compNo other comp
Rick Thompson
Assistant Secretary and Treasurer
$5,959
$5,959 No related compNo other comp
Paul Heineman
Director
$5,253
$5,253 No related compNo other comp
Charles Gilbert
Director
$5,099
$5,099 No related compNo other comp
Jim Weigel
Director
$2,818
$2,818 No related compNo other comp

Contractors

Highline Construction Inc.
Oh Line Rebuilds
$1,078,876
Story Construction
Office Building Cont
$837,184
Integrity Contracting Inc.
Urd Line Maintenance
$543,737
Central Iowa Tree Care
Line Maintenance-Tree Trim
$215,636
Asplundh Tree Expert Co
Line Maintenance-Tree Trim
$213,456

Mission Statement

TO SAFELY PROVIDE RELIABLE, AFFORDABLE, AND RESPONSIBLE ELECTRIC SERVICE WHILE ENHANCING THE COMMUNITIES WE SERVE.

Revisions to this organization profile

November 3, 2025:
2024 Midland Power Cooperative 990 filed
November 11, 2024:
2023 Midland Power Cooperative 990 filed
October 26, 2023:
2022 Midland Power Cooperative 990 filed

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