- Revenue 2025
- $16,871,352
- Expenses 2025
- $15,965,955
As filed
- Subsection
- 12
- NTEE code
- W80
- Classification
- 1000
- Street
- 28725 HIGHWAY 30
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
TO PROVIDE SAFE, RELIABLE AND COMPETITIVE SERVICES WHILE BEING A LEADER IN OUR COMMUNITY'S PROSPERITY AND GROWTH.
Activities or mission (Part I)
PROVIDE ELECTRIC SERVICE TO MEMBERS.
-
PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 2,094 MEMBERS. REVENUE IS COLLECTED FROM THE MEMBERS AND OTHER RELATED SOURCES FOR THE SOLE PURPOSE OF COVERING THE COST OF ELECTRIC SERVICE PROVIDED; AND TO PROVIDE OPERATING RESERVES TO FUND THOSE ACTIVITIES. EXCESS REVENUES OVER THE COST OF OPERATIONS AND ALLOCATIONS TO RESERVES ARE RETURNED TO THE MEMBERS AS PATRONAGE CAPITAL.
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
David OnkenDAVID ONKEN
PRESIDENT
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.6
-
Steve SchableSTEVE SCHABLE
VICE PRESIDENT
- Total calculated
- $7,200
- From this org
- $7,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.5
-
Mark LudwigMARK LUDWIG
SECRETARY/TREASURER
- Total calculated
- $9,600
- From this org
- $9,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.6
-
Karen WernerKAREN WERNER
ASST SEC-TREAS.
- Total calculated
- $7,200
- From this org
- $7,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.1
-
Adam HandlosADAM HANDLOS
DIRECTOR
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.9
-
Dave SchroederDAVE SCHROEDER
DIRECTOR
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.7
-
Jeff CranstonJEFF CRANSTON
DIRECTOR (JAN-SEPT)
- Total calculated
- $1,800
- From this org
- $1,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.2
-
Carol RaaschCAROL RAASCH
DIRECTOR (SEPT-DEC)
- Total calculated
- $3,000
- From this org
- $3,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
James GossettJAMES GOSSETT
CEO (UNTIL JAN 2025)
- Total calculated
- $75,851
- From this org
- $59,285
- From related orgs
- $0
- Other
- $16,566
- Hours/week
- 45
-
Eugene HandlosEUGENE HANDLOS
CFO
- Total calculated
- $168,438
- From this org
- $129,408
- From related orgs
- $0
- Other
- $39,030
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $128,497
- Bonus
- $0
- Other
- $911
- Deferred
- $25,531
- Nontaxable benefits
- $15,024
- Filer's total
- $169,963
-
Keaton HildrethKEATON HILDRETH
INTERIM CEO (JAN-JUN)/CEO (JUL-DEC)
- Total calculated
- $113,868
- From this org
- $93,558
- From related orgs
- $0
- Other
- $20,310
- Hours/week
- 24
Schedule J breakdown matched by us
- Base
- $93,558
- Bonus
- $0
- Other
- $0
- Deferred
- $17,825
- Nontaxable benefits
- $9,572
- Filer's total
- $120,955
-
Jack ScanlanJACK SCANLAN
LINE SUPERINTENDENT
- Total calculated
- $220,261
- From this org
- $126,516
- From related orgs
- $0
- Other
- $93,745
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $124,090
- Bonus
- $0
- Other
- $2,426
- Deferred
- $73,547
- Nontaxable benefits
- $21,724
- Filer's total
- $221,787
-
Ryan GallowayRYAN GALLOWAY
LINE FOREMAN
- Total calculated
- $148,653
- From this org
- $116,489
- From related orgs
- $0
- Other
- $32,164
- Hours/week
- 43
-
Chad LankfordCHAD LANKFORD
METER TECHNICIAN
- Total calculated
- $169,347
- From this org
- $111,102
- From related orgs
- $0
- Other
- $58,245
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $109,964
- Bonus
- $0
- Other
- $1,138
- Deferred
- $36,366
- Nontaxable benefits
- $23,178
- Filer's total
- $170,646
-
Mitchell McKeeverMITCHELL MCKEEVER
OPERATIONS SUPERINTENDENT
- Total calculated
- $194,130
- From this org
- $112,023
- From related orgs
- $0
- Other
- $82,107
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $108,913
- Bonus
- $0
- Other
- $3,110
- Deferred
- $69,919
- Nontaxable benefits
- $13,500
- Filer's total
- $195,442
-
Terry VaubleTERRY VAUBLE
LINE FOREMAN
- Total calculated
- $194,901
- From this org
- $112,245
- From related orgs
- $0
- Other
- $82,656
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $109,102
- Bonus
- $0
- Other
- $3,143
- Deferred
- $62,639
- Nontaxable benefits
- $21,339
- Filer's total
- $196,223
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $16,871,352
- Expenses
- $15,965,955
- Contributions
- $0
- Grants paid
- $8,186
-
2024
- Revenue
- $17,040,958
- Expenses
- $16,110,886
- Contributions
- $0
- Grants paid
- $14,188
-
2023
- Revenue
- $16,500,789
- Expenses
- $16,298,462
- Contributions
- $0
- Grants paid
- $15,038
-
2022
- Revenue
- $16,981,957
- Expenses
- $16,690,827
- Contributions
- $0
- Grants paid
- $17,188
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $15,635,810
- Expenses
- $15,506,075
- Assets (EOY)
- $42,311,743
-
2020 · 990
- Revenue
- $14,578,634
- Expenses
- $14,422,520
- Assets (EOY)
- $41,551,304
-
2019 · 990
- Revenue
- $16,428,666
- Expenses
- $16,233,190
- Assets (EOY)
- $40,648,743
-
2018 · 990
- Revenue
- $17,271,000
- Expenses
- $15,997,907
- Assets (EOY)
- $39,853,431
-
2017 · 990
- Revenue
- $16,068,422
- Expenses
- $15,491,912
- Assets (EOY)
- $36,956,575
-
2016 · 990
- Revenue
- $15,283,342
- Expenses
- $14,586,715
- Assets (EOY)
- $35,604,182
-
2015 · 990
- Revenue
- $13,831,547
- Expenses
- $13,733,549
- Assets (EOY)
- $32,558,161
-
2014 · 990
- Revenue
- $14,639,039
- Expenses
- $14,238,011
- Assets (EOY)
- $31,746,062
-
2013 · 990
- Revenue
- $13,983,573
- Expenses
- $13,628,469
- Assets (EOY)
- $34,376,745
-
2012 · 990
- Revenue
- not reported
- Expenses
- $12,463,007
- Assets (EOY)
- $28,925,664
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2025 return
-
RACCOON VALLEY VISIONARY CORPORATION
C · ECONOMIC DEVELOPMENT · IA · 100% owned · share of income $29,474 · share of assets $3,373,720 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.