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Organizations Nishnabotna Valley Rural Electric Cooperative

Nishnabotna Valley Rural Electric Cooperative

Fiscal year ending 2024. Filed on September 17, 2025.

1317 Chatburn Ave PO Box 714
Harlan, Iowa 51537

Nishnabotna Valley Rural Electric Cooperative (EIN: 42-0519838) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Nishnabotna Valley Rural Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 19 total employees. Among the employees shown here, the average compensation is $159,937. The highest compensated employee at Nishnabotna Valley Rural Electric Cooperative is David Monson with fiscal year 2024 compensation of $183,312.

Revenue, expenses, and employee compensation

Revenue

$21,471,271

Expenses

$20,392,982

Employee compensation

$1,377,094
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Monson
Materials Coordinator/Foreman
$183,312
$127,759 No related comp$55,553
Kert Barnum
Operations Director
$175,325
$128,089 No related comp$47,236
Aaron Nippert
Foreman
$161,285
$113,774 No related comp$47,511
Dillon Clark
Journeyman
$158,530
$113,586 No related comp$44,944
Jacob Cook
Journeyman
$152,057
$114,519 No related comp$37,538
Kara Meiners
Manager of Administrative Services
$129,112
$84,381 No related comp$44,731
William McKim
Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Donna Olson
President
$8,625
$8,625 No related compNo other comp
Gene Kenkel
Vice President
$5,050
$5,050 No related compNo other comp
David Applegate
Director
$4,625
$4,625 No related compNo other comp
Bryan Greve
Secretary and Treasurer
$4,400
$4,400 No related compNo other comp
Thomas Pattee
Director
$4,200
$4,200 No related compNo other comp
Darrell Stamp
Director
$4,125
$4,125 No related compNo other comp
Galen Grabill
Director
$3,425
$3,425 No related compNo other comp

Contractors

Enovus Management Cooperative
Management
$397,532
Loosbrock Digging Srv
Contractor
$358,341
Schraeder Electric LLC
Contractor
$267,320
National Information Solutions Cooperative
Software Contractor
$104,936

Mission Statement

NISHNABOTNA VALLEY REC WILL PROVIDE SAFE AND RELIABLE ELECTRIC SERVICES TO OUR MEMBERS IN A VALUABLE, SUSTAINABLE, AND ENVIRONMENTALLY RESPONSIBLE MANNER.

Revisions to this organization profile

September 17, 2025:
2024 Nishnabotna Valley Rural Electric Cooperative 990 filed
November 11, 2024:
2023 Nishnabotna Valley Rural Electric Cooperative 990 filed
October 31, 2023:
2022 Nishnabotna Valley Rural Electric Cooperative 990 filed

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