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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 2024. Filed on October 28, 2025.

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 2024 IRS Form 990 filing, Prairie Energy Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 32 total employees. Among the employees shown here, the average compensation is $170,013. The highest compensated employee at Prairie Energy Cooperative is Ken Norem with fiscal year 2024 compensation of $245,025.

Revenue, expenses, and employee compensation

Revenue

$34,548,486

Expenses

$32,651,323

Employee compensation

$2,672,639
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ken Norem
Director Operations and Engineer
$245,025
$145,673 No related comp$99,352
Tim Marienau
Chief Executive Officer
$213,939
$145,628 No related comp$68,311
Steve Jackson
Operations Coordinator
$175,622
$106,752 No related comp$68,870
Andrew Stupka
Foreman
$156,905
$111,150 No related comp$45,755
Weston Held
Lineman
$137,819
$111,326 No related comp$26,493
Hunter Venz
Lead Lineman
$132,298
$108,390 No related comp$23,908
Lori Demuth
Finance Manager
$128,483
$97,245 No related comp$31,238

Benchmark Employee Compensation

Non-Employee Board Members

Donald Christopherson
Secretary and Treasurer
$15,000
$15,000 No related compNo other comp
Ryan Eekhoff
Director
$15,000
$15,000 No related compNo other comp
Allyn Waddingham
Assistant Secretary and Treasurer
$14,100
$14,100 No related compNo other comp
Scott Hasty
Vice President
$13,200
$13,200 No related compNo other comp
Marion Denger
President
$11,700
$11,700 No related compNo other comp
Ted Hall
Director
$9,000
$9,000 No related compNo other comp
Annette Julson
Director
$4,800
$4,800 No related compNo other comp
Joshua Amonson
Vice President (Part-Year)
$4,800
$4,800 No related compNo other comp

Contractors

Highline Construction Inc
Line Builds for Fema Mitigation Project
$2,606,059
Legacy Power Line Inc.
Line Builds
$909,336
Global Mapping Solutions
Gis Mapping of Territory
$110,146
Jacob Kvale Dba Kvale Tree Service
Tree Trimming and Tree Removal
$103,545

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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