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Filing year 2024

WESTERN IOWA POWER COOPERATIVE

Denison, Iowa·EIN 39-1884367·501(c)(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 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

General Manager Until 12/2024
General Manager
Median to 75th percentile
$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
Median to 75th percentile
$170k
$183k
Base
$146k
Bonus
Other
Benefits
$11k
CFO
Median to 75th percentile
$158k
$170k
Base
$125k
Bonus
Other
Benefits
$22k
Foreman/staking Technician
Highest Compensated Employee
25th percentile to median
$145k
$156k
Foreman
Highest Compensated Employee
25th percentile to median
$142k
$153k
Foreman
Highest Compensated Employee
25th percentile to median
$133k
$143k
Asst Secretary/treasurer
Officer (Unspecified)
$10k
$11k
Chairman
Board Chair
25th percentile to median
$9k
$9k
Treasurer
Officer (Unspecified)
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Director Until 08/2024
Board Member
25th percentile to median
$5k
$5k
Secretary
Officer (Unspecified)
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Vice Chair
Board Vice Chair
10th to 25th percentile
$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.

Pay for the position

Operations Manager pay rose 6% from 2023 to 2024, while revenue fell 2%.

$161k in 2023 to $170k in 2024.
  • Chief Financial Officer pay rose 6% from 2023 to 2024.
  • Highest Compensated Employee pay fell 16% 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

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.
FAQ

Common questions about WESTERN IOWA POWER COOPERATIVE

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

In 2024, the General Manager of WESTERN IOWA POWER COOPERATIVE received $187,555 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at WESTERN 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 WESTERN IOWA POWER COOPERATIVE falls between the median and the 75th percentile.

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

In 2024, WESTERN IOWA POWER COOPERATIVE reported $14.9M in total revenue and $14.3M in total expenses on its IRS Form 990.

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