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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 2020. Filed on May 13, 2021.

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 2020 IRS Form 990 filing, Western Iowa Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 31 total employees. Among the employees shown here, the average compensation is $155,362. The highest compensated employee at Western Iowa Power Cooperative is Jeffery T Bean with fiscal year 2020 compensation of $209,337.

Revenue, expenses, and employee compensation

Revenue

$14,977,901

Expenses

$14,436,899

Employee compensation

$368,335
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffery T Bean
Executive Vp/General Manag
$209,337
$159,329 No related comp$50,008
John Akers
Operations Manager
$149,114
$119,787 No related comp$29,327
Stephanie Wiese
Member Services Director
$145,187
$114,755 No related comp$30,432
Marcus Rihner
Finance Director
$117,808
$90,073 No related comp$27,735

Benchmark Employee Compensation

Non-Employee Board Members

Mike Blum
Director
$7,200
$7,200 No related compNo other comp
Janet Iversen
Assistant Secretary - TREA
$5,570
$5,570 No related compNo other comp
Leroy Hight
Treasurer
$5,330
$5,330 No related compNo other comp
Gale Miller
Director
$4,080
$4,080 No related compNo other comp
Todd Brus
Vice President
$4,080
$4,080 No related compNo other comp
Ryan Boettger
Director
$3,360
$3,360 No related compNo other comp
Bart Heisterkamp
Director
$3,360
$3,360 No related compNo other comp
Peter Alexander
Secretary
$3,360
$3,360 No related compNo other comp
Louis Reed
President
$3,170
$3,170 No related compNo other comp
Mike Friis
Director
$1,680
$1,680 No related compNo other comp

Contractors

Precision Underground Utilities LLC
Electric Construction
$477,604

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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