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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 Mutual & Membership Benefit Prairie Energy Cooperative

Prairie Energy Cooperative

Fiscal year ending 2023. Filed on November 6, 2024.

PO Box 353
Clarion, Iowa 50525

Prairie Energy Cooperative (EIN: 42-1506645) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Prairie Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 29 total employees. Among the employees shown here, the average compensation is $156,172. The highest compensated employee at Prairie Energy Cooperative is Ken Norem with fiscal year 2023 compensation of $197,790.

Revenue, expenses, and employee compensation

Revenue

$34,220,411

Expenses

$33,253,684

Employee compensation

$2,420,331
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ken Norem
Director Operations and Engineer
$197,790
$132,134 No related comp$65,656
Tim Marienau
Chief Executive Officer
$190,716
$138,539 No related comp$52,177
Todd Foss
Manager of Business and Community Development
$188,684
$113,303 No related comp$75,381
Timothy Slaichert
Assistant Operations Coordinator
$154,374
$112,230 No related comp$42,144
Weston Held
Lineman
$125,105
$110,786 No related comp$14,319
Hunter Venz
Lead Lineman
$123,092
$104,620 No related comp$18,472
Lori Demuth
Finance Manager
$113,444
$93,306 No related comp$20,138

Benchmark Employee Compensation

Non-Employee Board Members

Donald Christopherson
Secretary and Treasurer
$9,000
$9,000 No related compNo other comp
Marion Denger
President
$8,400
$8,400 No related compNo other comp
Allyn Waddingham
Assistant Secretary and Treasurer
$8,100
$8,100 No related compNo other comp
Scott Hasty
Director
$7,800
$7,800 No related compNo other comp
Ryan Eekhoff
Director
$7,200
$7,200 No related compNo other comp
Joshua Amonson
Vice President
$6,900
$6,900 No related compNo other comp
Ted Hall
Director
$6,000
$6,000 No related compNo other comp

Contractors

Legacy Power Line Inc.
Line Construction and Storm Restoration
$867,728
Global Mapping Solutions LLC
Gps Mapping of Territory
$110,146

Mission Statement

TO PROVIDE ELECTRIC POWER TO THE COOPERATIVE'S MEMBERS LOCATED PRIMARILY IN THE RURAL AREAS OF WRIGHT AND HANCOCK COUNTIES OF THE STATE OF IOWA.

Revisions to this organization profile

October 28, 2025:
2024 Prairie Energy Cooperative 990 filed
November 6, 2024:
2023 Prairie Energy Cooperative 990 filed
September 12, 2023:
2022 Prairie Energy Cooperative 990 filed

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