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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 Western Iowa Power Cooperative

Western Iowa Power Cooperative

Fiscal year ending 2024. Filed on September 15, 2025.

PO Box 428
Denison, Iowa 51442

Western Iowa Power Cooperative (EIN: 39-1884367) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Western Iowa Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 35 total employees. Among the employees shown here, the average compensation is $159,904. The highest compensated employee at Western Iowa Power Cooperative is Marcus Rihner - Evp and with fiscal year 2024 compensation of $187,555.

Revenue, expenses, and employee compensation

Revenue

$14,933,814

Expenses

$14,254,168

Employee compensation

$443,405
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marcus Rihner - Evp and
General Manager Until 12/2024
$187,555
$157,242 No related comp$30,313
Stephanie Wiese - Asst Mgr
Director MBR Serv/Interim GM FROM 12/2024
$182,952
$145,165 No related comp$37,787
John Akers
Operations Manager
$170,421
$146,190 No related comp$24,231
Justin Parks
Chief Financial Officer
$158,051
$124,585 No related comp$33,466
Mark Trotter
Foreman/Staking Technician
$145,091
$114,697 No related comp$30,394
Christopher Merritt
Foreman
$142,120
$111,580 No related comp$30,540
Cameron Youll
Foreman
$133,139
$119,488 No related comp$13,651

Benchmark Employee Compensation

Non-Employee Board Members

Mike Blum
Assistant Secretary and Treasurer
$9,900
$9,900 No related compNo other comp
Janet Iversen
Chair
$8,800
$8,800 No related compNo other comp
Craig Riesburg
Treasurer
$5,500
$5,500 No related compNo other comp
Kenneth Smith
Director
$5,500
$5,500 No related compNo other comp
David Carlson
Director Until 08/2024
$4,950
$4,950 No related compNo other comp
Peter Alexander
Secretary
$4,675
$4,675 No related compNo other comp
Louis Reed
Director
$3,850
$3,850 No related compNo other comp
Gary Volkert
Director
$3,575
$3,575 No related compNo other comp
Brian Lundell
Director
$3,025
$3,025 No related compNo other comp
Ross Wood
Vice Chair
$2,750
$2,750 No related compNo other comp
Bart Heisterkamp
Director FROM 09/2024
$1,375
$1,375 No related compNo other comp

Contractors

Star Energy Services LLC
Mapping Services/Pole and Transformer Insp
$175,558
Quality Communications
Urd/Boring
$146,420

Mission Statement

WESTERN IOWA POWER COOPERATIVE'S MISSION IS TO ENHANCE OUR MEMBERS QUALITY OF LIFE BY PROVIDING SAFE AND RELIABLE ELECTRIC SERVICES.

Revisions to this organization profile

September 15, 2025:
2024 Western Iowa Power Cooperative 990 filed
August 23, 2024:
2023 Western Iowa Power Cooperative 990 filed
October 31, 2023:
2022 Western Iowa Power Cooperative 990 filed

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