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Generating and transmitting electrical energy to our members.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS Form 990 via ProPublica Nonprofit Explorerⓘ Leadership data below reflects a more recent filing (Tax Year 2024) from the IRS e-file system.
Total Revenue
▼$172.6M
Total Contributions
$0
Total Expenses
▼$171.2M
Total Assets
$542.3M
Total Liabilities
▼$346M
Net Assets
$196.3M
Officer Compensation
→$2M
Other Salaries
$5.5M
Investment Income
▼$598.3K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$4.5M
Awards Found
16
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2015 | Sep 2015 – Sep 2017 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2015 | Sep 2015 – Sep 2017 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2015 | Apr 2015 – Apr 2017 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2015 | Mar 2015 – Mar 2017 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2023 | Jan 2023 – Jan 2025 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANT - ELECTRIC FARM BILL | $300K | FY2022 | Mar 2022 – Mar 2024 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2020 | May 2020 – May 2022 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2020 | Apr 2020 – Apr 2022 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2019 | May 2019 – May 2021 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $300K | FY2018 | Jul 2018 – Jul 2020 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC | $300K | FY2010 | Mar 2010 – Mar 2010 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC | $300K | FY2011 | Sep 2011 – Sep 2011 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC | $300K | FY2009 | Jun 2009 – Jun 2009 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC | $300K | FY2009 | Jun 2009 – Jun 2009 | Open → |
| Department of Agriculture | RURAL ECONOMIC DEVELOPMENT GRANTS DISASTER (REDG DISASTER) - GRANT | $200K | FY2026 | May 2026 – May 2028 | Open → |
| Department of Agriculture | REDL - ELECTRIC GRANT | $100K | FY2026 | May 2026 – May 2028 | Open → |
Department of Agriculture
$300K
RURAL ECONOMIC DEVELOPMENT GRANT - ELECTRIC FARM BILL
Department of Agriculture
$300K
RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC
Department of Agriculture
$300K
RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC
Department of Agriculture
$300K
RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC
Department of Agriculture
$300K
RURAL ECONOMIC DEVELOPMENT GRANTS - ELECTRIC
Department of Agriculture
$200K
RURAL ECONOMIC DEVELOPMENT GRANTS DISASTER (REDG DISASTER) - GRANT
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
2
Clean Audits
2
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $2.1M | No | 2025-08-13 |
| 2023 | Clean | Unmodified (Clean) | $1.3M | No | 2024-03-25 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $172.6M | $0 | $171.2M | $542.3M | $196.3M |
| 2022 | $168.9M | $0 | $167.6M | $515.6M | $185M |
| 2021 | $160.8M | $0 | $159.5M | $481.5M | $166.3M |
| 2020 | $162.3M | $0 | $148.9M | $480.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
| Total |
|---|
| Jacob Olberding Eff April 24 | Executive VP And General Manager | 40 | $279.4K | $0 | $66.5K | $345.9K |
| Michael Finnegan Eff March 24 | VP Engineering And System Operations | 40 | $164.4K | $0 | $146.4K | $310.8K |
| Kenneth H Kuyper Retired April 24 | Executive VP And General Manager | 40 | $213.3K | $0 | $78.3K | $291.6K |
| Michael Thatcher | VP Power Supply | 40 | $202.8K | $0 | $67.5K | $270.2K |
| Ryan Cornelius | VP Corporate Relations | 40 | $202.9K | $0 | $54.9K | $257.7K |
| Karen K Berte Retired June 24 | Sr VP Finance And Administration | 40 | $160.3K | $0 | $96.6K | $256.9K |
| Brittany Dickey | VP Business Development | 40 | $177.2K | $0 | $36.8K | $214K |
| Faith Warden Eff June 24 | VP Finance And Administration | 40 | $127K | $0 | $40.6K | $167.6K |
| Kevin Bornhoft Retired March 24 | Sr Vp, Engineering | 40 | $96.8K | $0 | $0 | $96.8K |
| David Onken | President | 8 | $22.2K | $0 | $0 | $22.2K |
| Dale Schaefer | Vice President | 6 | $17.8K | $0 | $0 | $17.8K |
| Larry Rohach | Treasurer | 6 | $17.4K | $0 | $0 | $17.4K |
| Jerry Beck | Secretary | 7 | $15.4K | $0 | $0 | $15.4K |
| Gary Poppe | Asst Secretary/treasurer | 5 | $15.2K | $0 | $0 | $15.2K |
Jacob Olberding Eff April 24
Executive VP And General Manager
$345.9K
Hrs/Wk
40
Compensation
$279.4K
Related Orgs
$0
Other
$66.5K
Michael Finnegan Eff March 24
VP Engineering And System Operations
$310.8K
Hrs/Wk
40
Compensation
$164.4K
Related Orgs
$0
Other
$146.4K
Kenneth H Kuyper Retired April 24
Executive VP And General Manager
$291.6K
Hrs/Wk
40
Compensation
$213.3K
Related Orgs
$0
Other
$78.3K
Michael Thatcher
VP Power Supply
$270.2K
Hrs/Wk
40
Compensation
$202.8K
Related Orgs
$0
Other
$67.5K
Ryan Cornelius
VP Corporate Relations
$257.7K
Hrs/Wk
40
Compensation
$202.9K
Related Orgs
$0
Other
$54.9K
Karen K Berte Retired June 24
Sr VP Finance And Administration
$256.9K
Hrs/Wk
40
Compensation
$160.3K
Related Orgs
$0
Other
$96.6K
Brittany Dickey
VP Business Development
$214K
Hrs/Wk
40
Compensation
$177.2K
Related Orgs
$0
Other
$36.8K
Faith Warden Eff June 24
VP Finance And Administration
$167.6K
Hrs/Wk
40
Compensation
$127K
Related Orgs
$0
Other
$40.6K
Kevin Bornhoft Retired March 24
Sr Vp, Engineering
$96.8K
Hrs/Wk
40
Compensation
$96.8K
Related Orgs
$0
Other
$0
David Onken
President
$22.2K
Hrs/Wk
8
Compensation
$22.2K
Related Orgs
$0
Other
$0
Dale Schaefer
Vice President
$17.8K
Hrs/Wk
6
Compensation
$17.8K
Related Orgs
$0
Other
$0
Larry Rohach
Treasurer
$17.4K
Hrs/Wk
6
Compensation
$17.4K
Related Orgs
$0
Other
$0
Jerry Beck
Secretary
$15.4K
Hrs/Wk
7
Compensation
$15.4K
Related Orgs
$0
Other
$0
Gary Poppe
Asst Secretary/treasurer
$15.2K
Hrs/Wk
5
Compensation
$15.2K
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Patrick Connor | Plant Manager | 40 | $167.3K | $0 | $108.4K | $275.7K |
| Larry Brusseau | Compliance Director | 40 | $149.2K | $0 | $74.2K | $223.4K |
| Daniel Shiflett | Row & Construction Superintendent | 40 | $141.8K | $0 | $68.8K | $210.5K |
| Brad Hill | Communications Superintendent | 40 | $137.4K | $0 | $46K | $183.3K |
| Jon Behounek | Chief System Operator | 40 | $138.3K | $0 | $15.7K | $154.1K |
Patrick Connor
Plant Manager
$275.7K
Hrs/Wk
40
Compensation
$167.3K
Related Orgs
$0
Other
$108.4K
Larry Brusseau
Compliance Director
$223.4K
Hrs/Wk
40
Compensation
$149.2K
Related Orgs
$0
Other
$74.2K
Daniel Shiflett
Row & Construction Superintendent
$210.5K
Hrs/Wk
40
Compensation
$141.8K
Related Orgs
$0
Other
$68.8K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Brad Honold | Director | 8 | $20.4K | $0 | $0 | $20.4K |
| Rick Thompson | Director | 4 | $16K | $0 | $0 | $16K |
| Steve Boedecker | Director | 5 | $16.6K | $0 | $0 | $16.6K |
| Ted Hall | Director | 5 | $10.6K | $0 | $0 | $10.6K |
Brad Honold
Director
$20.4K
Hrs/Wk
8
Compensation
$20.4K
Related Orgs
$0
Other
$0
Rick Thompson
Director
$16K
Hrs/Wk
4
Compensation
$16K
Related Orgs
$0
Other
$0
Steve Boedecker
Director
$16.6K
Hrs/Wk
5
Compensation
$16.6K
Related Orgs
$0
Other
$0
| $161.2M |
| 2019 | $165.4M | $0 | $152.7M | $518.9M | $154.3M |
| 2018 | $172.3M | $0 | $147.4M | $521.9M | $148.2M |
| 2017 | $160.6M | $0 | $148.8M | $456.4M | $135.6M |
| 2016 | $159.1M | $0 | $141.1M | $458.9M | $124.1M |
| 2015 | $135.8M | $0 | $129.8M | $437.5M | $104.2M |
| 2014 | $140M | $0 | $131.8M | $445.5M | $105.8M |
| 2013 | $138.8M | $0 | $129.5M | $427.7M | $98.4M |
| 2012 | $127M | $0 | $116.4M | $386.2M | $86.5M |
| 2011 | $117.3M | $0 | $109.2M | $345.8M | $74.3M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
Brad Hill
Communications Superintendent
$183.3K
Hrs/Wk
40
Compensation
$137.4K
Related Orgs
$0
Other
$46K
Jon Behounek
Chief System Operator
$154.1K
Hrs/Wk
40
Compensation
$138.3K
Related Orgs
$0
Other
$15.7K
Ted Hall
Director
$10.6K
Hrs/Wk
5
Compensation
$10.6K
Related Orgs
$0
Other
$0