Compensation 990

Western Iowa Power Cooperative

Fiscal year ending 2023. Filed on August 23, 2024.

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 2023 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 36 total employees. Among the employees shown here, the average compensation is $164,028. The highest compensated employee at Western Iowa Power Cooperative is Marcus Rihner with fiscal year 2023 compensation of $174,803.

Revenue, expenses, and employee compensation

Revenue

$15,274,054

Expenses

$14,226,542

Employee compensation

$398,652
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

＋50.8%vs 2022
Janet Iversen
Chair
$9,425
$9,425 from orgNo related compNo other comp
＋1.9%vs 2022
Mike Blum
Assistant Secretary and Treasurer
$9,175
$9,175 from orgNo related compNo other comp
－5.3%vs 2022
Leroy Hight
Treasurer END 08/2023
$7,100
$7,100 from orgNo related compNo other comp
－40.6%vs 2022
Mike Friis
Director END 08/2023
$4,750
$4,750 from orgNo related compNo other comp
New in 2023
Ross Wood Director End 082023
VICE Chair BEG 09/2023
$4,600
$4,600 from orgNo related compNo other comp
New in 2023
Craig Riesburg Director
END 08/2023 Treasurer BEG 09/2023
$4,125
$4,125 from orgNo related compNo other comp
＋2.9%vs 2022
Louis Reed
Director
$3,600
$3,600 from orgNo related compNo other comp
－10.4%vs 2022
Todd Brus
VICE Chairman END 08/2023
$3,585
$3,585 from orgNo related compNo other comp
－44.6%vs 2022
David Carlson
Director
$3,325
$3,325 from orgNo related compNo other comp
－58.8%vs 2022
Peter Alexander
Secretary
$2,575
$2,575 from orgNo related compNo other comp
New in 2023
Kenneth Smith
Director Begin 09/2023
$1,925
$1,925 from orgNo related compNo other comp
New in 2023
Gary Volkert
Director Begin 09/2023
$1,650
$1,650 from orgNo related compNo other comp

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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