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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 Northwest Iowa Power Cooperative

Northwest Iowa Power Cooperative

Fiscal year ending 2017. Filed on August 3, 2018.

31002 County Road C38 PO Box 240
LE Mars, Iowa 51031

Northwest Iowa Power Cooperative (EIN: 42-0723014) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Northwest Iowa Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 51 total employees. Among the employees shown here, the average compensation is $191,620. The highest compensated employee at Northwest Iowa Power Cooperative is Matthew Washburn with fiscal year 2017 compensation of $256,922.

Revenue, expenses, and employee compensation

Revenue

$102,063,487

Expenses

$101,604,547

Employee compensation

$5,570,382
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Washburn
General Manager
$256,922
$188,891 No related comp$68,031
Steven Ver Mulm
Vice President of Engineering Services
$251,381
$147,455 No related comp$103,926
Larry Bowers
Vice President of Information Services
$206,533
$118,099 No related comp$88,434
Bruce Shostak
Civil Engineer
$190,341
$112,257 No related comp$78,084
Jayme Huber
Engineer III
$155,990
$123,114 No related comp$32,876
Marc Scheitler
Senior Telecommunications Technician
$142,878
$104,875 No related comp$38,003
Jane Scheitler
Chief Financial Officer
$137,292
$104,965 No related comp$32,327

Benchmark Employee Compensation

Non-Employee Board Members

Louis Reed
President
$15,530
$15,530 No related compNo other comp
William G Farmer
Secretary
$11,220
$11,220 No related compNo other comp
Ronald Steinhoff
Director
$11,010
$11,010 No related compNo other comp
Trent Will
Director
$10,290
$10,290 No related compNo other comp
Thomas Wagner
Treasurer
$7,990
$7,990 No related compNo other comp
Donald Applegate
Vice President
$7,000
$7,000 No related compNo other comp
A James Sharp
Director
$6,550
$6,550 No related compNo other comp

Contractors

Ies Commercial Inc.
Transmission Line Construction
$4,642,736
Dgr Engineering
Engineering
$702,886
Hk Scholz CO
Switch Station Construction
$587,110
Gfrc Acquisition LLC
Building Construction
$312,787
Hci Construction
Substation Construction
$226,635

Mission Statement

WHOLESALE ELECTRICITY SALES TO ITS MEMBER COOPERATIVES.

Revisions to this organization profile

August 4, 2025:
2024 Northwest Iowa Power Cooperative 990 filed
August 6, 2024:
2023 Northwest Iowa Power Cooperative 990 filed
August 31, 2023:
2022 Northwest Iowa Power Cooperative 990 filed

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