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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 2018. Filed on August 29, 2019.

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 2018 IRS Form 990 filing, Northwest Iowa Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 58 total employees. Among the employees shown here, the average compensation is $189,821. The highest compensated employee at Northwest Iowa Power Cooperative is Matthew Washburn with fiscal year 2018 compensation of $279,756.

Revenue, expenses, and employee compensation

Revenue

$108,335,597

Expenses

$107,182,446

Employee compensation

$5,681,313
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Washburn
Executive Vice President and General Manager
$279,756
$197,720 No related comp$82,036
Steven Ver Mulm
Vice President of Engineering Services
$267,162
$152,110 No related comp$115,052
Bruce Shostak
Civil Engineer
$199,357
$117,084 No related comp$82,273
Jayme Huber
Engineer III
$163,494
$126,841 No related comp$36,653
Steve Harringa
Transmission Superintendent
$157,540
$106,611 No related comp$50,929
Steve Spieler
Chief Information Officer
$150,915
$118,661 No related comp$32,254
Jane Scheitler
Chief Financial Officer
$150,904
$108,504 No related comp$42,400
Michael J Persinger
Apparatus Services Manager
$149,441
$106,576 No related comp$42,865

Benchmark Employee Compensation

Non-Employee Board Members

Louis Reed
President
$16,690
$16,690 No related compNo other comp
Donald Applegate
Vice President
$10,100
$10,100 No related compNo other comp
Trent Will
Director
$8,070
$8,070 No related compNo other comp
Ronald Steinhoff
Director
$7,940
$7,940 No related compNo other comp
William G Farmer
Secretary
$7,330
$7,330 No related compNo other comp
Thomas Wagner
Treasurer
$6,410
$6,410 No related compNo other comp
A James Sharp
Director
$5,950
$5,950 No related compNo other comp

Contractors

Watts Electric Company
Transmission Line Construction
$5,018,595
Dgr Engineering
Engineering
$776,909
Hk Scholz CO
Switch Station Construction
$572,878
Ies Commercial Inc.
Transmission Line Construction
$390,661
Nebcon Inc.
Fiber Installation
$336,020

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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