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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 2020. Filed on October 20, 2021.

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 2020 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 53 total employees. Among the employees shown here, the average compensation is $201,136. The highest compensated employee at Northwest Iowa Power Cooperative is Matthew Washburn with fiscal year 2020 compensation of $356,273.

Revenue, expenses, and employee compensation

Revenue

$104,137,752

Expenses

$103,639,160

Employee compensation

$5,922,010
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Washburn
Executive Vice President and General Manager
$356,273
$241,765 No related comp$114,508
Jayme Huber-Engineer III Thru April
Vice President of Engineering Srvcs BEG MAY
$187,801
$144,031 No related comp$43,770
Steve Harringa
Transmission Superintendent
$177,928
$117,894 No related comp$60,034
Steve Spieler
Chief Information Officer
$176,560
$133,237 No related comp$43,323
Jane Scheitler
Chief Financial Officer
$171,376
$123,281 No related comp$48,095
Steven Ver Mulm
Vice President of Engineering Services THRU April
$170,473
$110,419 No related comp$60,054
Michael J Persinger
Apparatus Services Manager
$167,541
$117,183 No related comp$50,358

Benchmark Employee Compensation

Non-Employee Board Members

Louis Reed
President
$10,740
$10,740 No related compNo other comp
Ronald Steinhoff
Vice President
$10,540
$10,540 No related compNo other comp
Bryan Greve
Director
$8,950
$8,950 No related compNo other comp
Trent Will
Director
$7,830
$7,830 No related compNo other comp
William G Farmer
Secretary
$7,630
$7,630 No related compNo other comp
A James Sharp
Director
$6,950
$6,950 No related compNo other comp
Thomas Wagner
Treasurer
$6,560
$6,560 No related compNo other comp

Contractors

Watts Electric Company
Transmission Line Construction
$8,239,519
Paul Hastings
Legal
$1,839,603
Ies Commercial Inc.
Switch Station Construction
$782,773
Dgr Engineering
Engineering
$726,600
Hk Scholz CO
Switch Station Construction
$534,752

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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