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Filing year 2024

NORTHWEST IOWA POWER COOPERATIVE

Le Mars, Iowa·EIN 42-0723014·501(c)(12)
Total revenue
$114.6M
Total assets
$279M
Total expenses
$114M
Reported officers
15
Mission

WHOLESALE ELECTRICITY SALES TO ITS MEMBER COOPERATIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Exec. VP & General Manager
General Manager
Above 90th percentile
$424k
$456k
Base
$303k
Bonus
$254
Other
$2k
Benefits
$29k
VP of Engineering Services
Board Vice President
75th to 90th percentile
$235k
$253k
Base
$175k
Bonus
$254
Other
$3k
Benefits
$25k
CIO
Chief Information Officer
Median to 75th percentile
$212k
$228k
Base
$163k
Bonus
$271
Other
$778
Benefits
$23k
CFO
75th to 90th percentile
$209k
$225k
Base
$151k
Bonus
$271
Other
$765
Benefits
$32k
Apparatus Services Manager
Highest Compensated Employee
Median to 75th percentile
$199k
$214k
Base
$135k
Bonus
$271
Other
$2k
Benefits
$22k
Transmission Superintenden
Highest Compensated Employee
Median to 75th percentile
$195k
$210k
Base
$131k
Bonus
$271
Other
$915
Benefits
$30k
Power Dispatching Manager
Highest Compensated Employee
Median to 75th percentile
$185k
$199k
Base
$135k
Bonus
$271
Other
$3k
Benefits
$11k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$170k
$183k
Base
$129k
Bonus
$271
Other
$305
Benefits
$28k
President
10th to 25th percentile
$18k
$19k
Director
Board Member
25th percentile to median
$14k
$15k
Vice President
25th percentile to median
$13k
$14k
Treasurer
Officer (Unspecified)
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Secretary
Officer (Unspecified)
$10k
$10k
Director
Board Member
25th percentile to median
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 7%
from 2023

From $396k in 2023 to $424k in 2024.

$396k
2023
$424k
2024
In today's dollarsEst.
Up 4% in real terms$438k to $456k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

General Manager pay rose 7% from 2023 to 2024, while revenue rose 4%.

$396k in 2023 to $424k in 2024.
  • Board Vice President pay rose 6% from 2023 to 2024.
  • Chief Information Officer pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORTHWEST IOWA POWER COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$110.4M
$109.7M
2023
$114.6M
$114M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTHWEST IOWA POWER COOPERATIVE

What does the General Manager of NORTHWEST IOWA POWER COOPERATIVE earn?

In 2024, the General Manager of NORTHWEST IOWA POWER COOPERATIVE received $423,748 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at NORTHWEST IOWA POWER COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at NORTHWEST IOWA POWER COOPERATIVE falls in the top 10%.

What are NORTHWEST IOWA POWER COOPERATIVE's revenue and expenses?

In 2024, NORTHWEST IOWA POWER COOPERATIVE reported $114.6M in total revenue and $114M in total expenses on its IRS Form 990.

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