Skip to content
Nonprofiteer
← NORTH WEST RURAL ELECTRIC COOPERATIVE

Form 990 for tax year 2024

Filed by NORTH WEST RURAL ELECTRIC COOPERATIVE.

Totals

Total revenue
$61,491,636
Total expenses
$59,778,301
Contributions and grants received
$0
Grants paid
$55,708
Program service revenue
$61,117,768
Investment income
$363,537
Other revenue
$10,331
Total assets, end of year
$153,360,780
Total liabilities, end of year
$82,960,634
Net assets or fund balances, end of year
$70,400,146
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: SALE OF POWER

    total $58,058,409 · related or exempt $58,058,409

  • 2b · Program service revenue: CAPITAL CREDITS

    total $3,044,673 · related or exempt $3,044,673

  • 2c · Program service revenue: EQUITY EARNINGS

    total $14,686 · related or exempt $14,686

  • 3 · Investment income

    total $322,291 · excluded $322,291

  • 7a · Gross sales of assets other than inventory

    other assets $41,246

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $41,246

  • 7d · Net gain or loss

    total $41,246 · excluded $41,246

  • 10a · Gross sales of inventory

    $343,300

  • 10b · Cost of goods sold

    $336,217

  • 10c · Net income from sales of inventory

    total $7,083 · related or exempt $7,083

  • 11a · Other revenue: MISC.NON-OP.REVENUE -

    total $3,572 · excluded $3,572

  • 11b · Other revenue: INCOME (LOSS) FROM LLC

    total -$324 · unrelated business -$324

  • 11e · Other revenue, total

    $3,248

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $55,708

  • 4 · Benefits paid to or for members

    total $3,500,000

  • 5 · Compensation of officers, directors and key employees

    total $658,006

  • 6 · Compensation of disqualified persons

    total $11,875

  • 7 · Other salaries and wages

    total $3,520,725

  • 8 · Pension plan contributions

    total $679,109

  • 10 · Payroll taxes

    total $296,372

  • 20 · Interest

    total $2,312,675

  • 22 · Depreciation, depletion and amortization

    total $3,306,779

  • 24a · Other expenses: COST OF POWER

    total $44,542,133

  • 24b · Other expenses: ADMIN & GENERAL

    total $1,839,137

  • 24c · Other expenses: DISTRIBUTION-MAINTENANC

    total $1,563,655

  • 24d · Other expenses: DISTRIBUTION-OPERATIONS

    total $1,479,350

  • 24e · All other expenses

    total -$3,987,223

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $8,815,865 · end of year $9,327,901

  • 4 · Accounts receivable

    beginning of year $7,874,525 · end of year $8,455,653

  • 7 · Other notes and loans receivable

    beginning of year $6,688,276 · end of year $7,604,128

  • 8 · Inventories for sale or use

    beginning of year $2,548,987 · end of year $2,640,036

  • 9 · Prepaid expenses and deferred charges

    beginning of year $85,564 · end of year $73,791

  • 10a · Land, buildings and equipment: cost or other basis

    $117,433,658

  • 10b · Land, buildings and equipment: accumulated depreciation

    $31,805,519

  • 10c · Land, buildings and equipment, net

    beginning of year $79,401,899 · end of year $85,628,139

  • 11 · Investments: publicly traded securities

    beginning of year $43,316 · end of year $43,315

  • 12 · Investments: other securities

    beginning of year $725,431 · end of year $2,215,117

  • 13 · Investments: program-related

    beginning of year $35,623,967 · end of year $37,285,495

  • 14 · Intangible assets

    beginning of year $51,013 · end of year $51,013

  • 15 · Other assets

    beginning of year $35,271 · end of year $36,192

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,360,385 · end of year $6,623,114

  • 23 · Secured mortgages and notes payable

    beginning of year $53,383,575 · end of year $60,539,029

  • 24 · Unsecured notes and loans payable

    beginning of year $5,000,000 · end of year $5,000,000

  • 25 · Other liabilities

    beginning of year $10,847,704 · end of year $10,798,491

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $67,302,450 · end of year $70,400,146

Mission and programs · 2024

Mission

WE WILL SAFELY AND EFFICIENTLY PROVIDE RELIABLE AND AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS.

Activities or mission (Part I)

PROVIDE ELECTRICITY TO ITS MEMBERS.

  • PURCHASE AND DISTRIBUTION OF ELECTRIC POWER TO MEMBERS. NORTH WEST REC SERVES 7,349 MEMBERS OVER 3,747 MILES OF LINE.

As filed on the 2024 return.

Listed in Part VII

  • Jeff Rehder

    PRESIDENT

    Total calculated
    $12,670
    From this org
    $12,670
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • Dale Ullrich - Asst St

    (UNTIL 3/24)/VP(AS OF 4/24)

    Total calculated
    $9,410
    From this org
    $9,410
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Steve Brown

    SECRETARY

    Total calculated
    $8,755
    From this org
    $8,755
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Tom Wagner

    TREASURER

    Total calculated
    $7,580
    From this org
    $7,580
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Shirley Schroeder - Director

    (UNTIL 3/24)/ASST S/T(AS OF 4/24)

    Total calculated
    $10,915
    From this org
    $10,915
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Steve Abma

    DIRECTOR

    Total calculated
    $9,055
    From this org
    $9,055
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Douglas Becker - Vp Until

    3/24)/DIRECTOR(AS OF 4/24)

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Dave Bosma

    DIRECTOR

    Total calculated
    $11,190
    From this org
    $11,190
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Scott Feuerhelm

    DIRECTOR

    Total calculated
    $5,880
    From this org
    $5,880
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.5

  • Dan Hoffman

    DIRECTOR

    Total calculated
    $7,430
    From this org
    $7,430
    From related orgs
    $0
    Other
    $0
    Hours/week
    7

  • Dan Van Beek

    DIRECTOR

    Total calculated
    $9,455
    From this org
    $9,455
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Lyle D Korver

    CEO

    Total calculated
    $332,510
    From this org
    $283,217
    From related orgs
    $0
    Other
    $49,293
    Hours/week
    44.2

    Schedule J breakdown matched by us

    Base
    $275,224
    Bonus
    $0
    Other
    $7,993
    Deferred
    $25,335
    Nontaxable benefits
    $26,165
    Filer's total
    $334,717

  • Curtis F Ahrenholz

    FINANCE DIRECTOR

    Total calculated
    $169,712
    From this org
    $139,634
    From related orgs
    $0
    Other
    $30,078
    Hours/week
    41.5

    Schedule J breakdown matched by us

    Base
    $135,875
    Bonus
    $0
    Other
    $3,759
    Deferred
    $5,676
    Nontaxable benefits
    $25,651
    Filer's total
    $170,961

  • Douglas J Alons

    OPERATIONS DIRECTOR

    Total calculated
    $162,890
    From this org
    $132,996
    From related orgs
    $0
    Other
    $29,894
    Hours/week
    40.4

    Schedule J breakdown matched by us

    Base
    $131,664
    Bonus
    $0
    Other
    $1,332
    Deferred
    $5,486
    Nontaxable benefits
    $25,621
    Filer's total
    $164,103

  • Derrick W Haak

    ASSISTANT OPERATIONS DIRECTOR

    Total calculated
    $153,919
    From this org
    $125,019
    From related orgs
    $0
    Other
    $28,900
    Hours/week
    40.3

    Schedule J breakdown matched by us

    Base
    $124,634
    Bonus
    $0
    Other
    $385
    Deferred
    $3,942
    Nontaxable benefits
    $26,066
    Filer's total
    $155,027

  • Robert J Driesen

    MEMBER SERVICES DIRECTOR

    Total calculated
    $156,837
    From this org
    $125,023
    From related orgs
    $0
    Other
    $31,814
    Hours/week
    41.1

    Schedule J breakdown matched by us

    Base
    $123,396
    Bonus
    $0
    Other
    $1,627
    Deferred
    $5,536
    Nontaxable benefits
    $27,356
    Filer's total
    $157,915

  • Michael A Berkenpas

    LEAD LINEMAN

    Total calculated
    $146,105
    From this org
    $118,030
    From related orgs
    $0
    Other
    $28,075
    Hours/week
    43.3

  • Justin D Nippert

    LEAD LINEMAN

    Total calculated
    $145,218
    From this org
    $118,313
    From related orgs
    $0
    Other
    $26,905
    Hours/week
    43.3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

SCHEDULE J, PART II, COLUMN C
PER THE INSTRUCTIONS FOR FORM 990, SCHEDULE J, PART II, COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE IN THE DEFINED BENEFIT PLAN RATHER THAN THE ACTUAL COST OF THE BENEFIT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 August 2025
IRS schema version
2024v5.2
Source object
202502309349301305

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.