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Filing year 2024

WESTERN IOWA POWER COOPERATIVE

Denison, Iowa·EIN 39-1884367·12
Total revenue
$14.9M
Total assets
$60.3M
Total expenses
$14.3M
Reported officers
18
Mission

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

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

General Manager Until 12/2024
officer (unspecified)
$188k
$202k
Base
$157k
Bonus
Other
Benefits
$22k
Dir Mbr Serv/interim Gm From 12/2024
officer (unspecified)
$183k
$197k
Base
$145k
Bonus
Other
Benefits
$22k
Operations Manager
highest compensated employee
$170k
$183k
Base
$146k
Bonus
Other
Benefits
$11k
Base
$125k
Bonus
Other
Benefits
$22k
Foreman/staking Technician
highest compensated employee
$145k
$156k
Foreman
highest compensated employee
$142k
$153k
Foreman
highest compensated employee
$133k
$143k
Asst Secretary/treasurer
officer (unspecified)
$10k
$11k
Chairman
board chair
$9k
$9k
Treasurer
officer (unspecified)
$6k
$6k
Director
board member
$6k
$6k
Director Until 08/2024
board member
$5k
$5k
Secretary
officer (unspecified)
$5k
$5k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$3k
$3k
Vice Chair
board vice chair
$3k
$3k
Director From 09/2024
officer (unspecified)
$1k
$1k

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 $175k in 2023 to $188k in 2024.

$175k
2023
$188k
2024
In today's dollarsEst.
Up 4% in real terms$193k to $202k

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

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

RevenueExpenses
$15.3M
$14.2M
2023
$14.9M
$14.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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