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Filing year 2024

Power Co-op Employees Credit Union

Humboldt, Iowa·EIN 42-0803649·14
Total revenue
$3.5M
Total assets
$70.3M
Total expenses
$2.7M
Reported officers
10
Mission

Provide lending, savings, and other financial services to qualifying members with a service-based emphasis that recognizes the members' statuses as owners.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Current Manager
unclassified
$95k
$102k

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.

Plus 9 unpaid individuals.

Down 11%
from 2023

From $107k in 2023 to $95k in 2024.

$107k
2023
$95k
2024
In today's dollarsEst.
Down 13% in real terms$118k to $102k

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.

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

Revenue and expenses over time

Power Co-op Employees Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$1.9M
2023
$3.5M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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