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CENTRAL IOWA POWER COOPERATIVE

EIN 42-0652127 CEDAR RAPIDS, IA

Largest nonprofits in Iowa

Revenue 2024
$224,762,576
Expenses 2024
$204,459,125

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
4000
Street
PO BOX 2517

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 · 2024

Mission

ELECTRIC GENERATION AND TRANSMISSION COOPERATIVE

  • THE COOPERATIVE IS AN ELECTRICAL GENERATION AND TRANSMISSION COOPERATIVE PROVIDING WHOLESALE ELECTRICAL SERVICE TO ITS MEMBERS.

    Expenses $204,459,125 · Revenue $216,153,012

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Paul Heineman

    BOARD PRESIDENT

    Total calculated
    $61,320
    From this org
    $61,320
    From related orgs
    $0
    Other
    $0
    Hours/week
    18
  • Dan Westphal

    BOARD VICE PRESIDENT

    Total calculated
    $39,885
    From this org
    $39,885
    From related orgs
    $0
    Other
    $0
    Hours/week
    11.4
  • Gene Manternach

    BOARD SECRETARY/TREASURER

    Total calculated
    $6,795
    From this org
    $6,795
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.08
  • Duane Ver Ploeg

    BOARD ASST SECRETARY/TREASURER

    Total calculated
    $26,570
    From this org
    $26,570
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.4
  • Gary Kester

    BOARD DIRECTOR

    Total calculated
    $43,840
    From this org
    $43,840
    From related orgs
    $0
    Other
    $0
    Hours/week
    14.75
  • Randy Rouse

    BOARD DIRECTOR

    Total calculated
    $39,588
    From this org
    $39,588
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.83
  • Kirk Hiland

    BOARD DIRECTOR

    Total calculated
    $36,353
    From this org
    $36,353
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.83
  • Gary McKenna

    BOARD DIRECTOR

    Total calculated
    $35,990
    From this org
    $35,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.5
  • Arden Greiner

    BOARD DIRECTOR

    Total calculated
    $31,708
    From this org
    $31,708
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.73
  • Tim Larsen

    BOARD DIRECTOR

    Total calculated
    $25,060
    From this org
    $25,060
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.88
  • Dale Walkup

    BOARD DIRECTOR

    Total calculated
    $21,860
    From this org
    $21,860
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Steve Bireline

    BOARD DIRECTOR

    Total calculated
    $21,015
    From this org
    $21,015
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.25
  • Craig Stallman

    BOARD DIRECTOR

    Total calculated
    $19,505
    From this org
    $19,505
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.25
  • Ronald Thielen

    PART-YEAR BOARD DIRECTOR

    Total calculated
    $1,570
    From this org
    $1,570
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Andrew St John

    EXECUTIVE VICE PRESIDENT & CEO

    Total calculated
    $468,438
    From this org
    $423,817
    From related orgs
    $0
    Other
    $44,621
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,204
    Bonus
    $0
    Other
    $8,613
    Deferred
    $16,233
    Nontaxable benefits
    $28,388
    Filer's total
    $468,438
  • Paul Hofman

    VP INFORMATION TECHNOLOGY

    Total calculated
    $300,314
    From this org
    $256,890
    From related orgs
    $0
    Other
    $43,424
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,286
    Bonus
    $0
    Other
    $13,604
    Deferred
    $13,497
    Nontaxable benefits
    $29,927
    Filer's total
    $300,314
  • Daniel Burns

    VP UTILITY OPERATIONS

    Total calculated
    $309,685
    From this org
    $255,212
    From related orgs
    $0
    Other
    $54,473
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,382
    Bonus
    $0
    Other
    $11,830
    Deferred
    $23,153
    Nontaxable benefits
    $31,320
    Filer's total
    $309,685
  • Kendra Graves

    VP PORTFOLIO STRATEGY & PLANNING

    Total calculated
    $287,775
    From this org
    $242,955
    From related orgs
    $0
    Other
    $44,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,246
    Bonus
    $0
    Other
    $5,709
    Deferred
    $19,476
    Nontaxable benefits
    $25,344
    Filer's total
    $287,775
  • David Nicholson

    VP & CFO

    Total calculated
    $260,285
    From this org
    $235,169
    From related orgs
    $0
    Other
    $25,116
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,565
    Bonus
    $0
    Other
    $11,604
    Deferred
    $7,984
    Nontaxable benefits
    $17,132
    Filer's total
    $260,285
  • Memorea Schrader

    VP HUMAN RESOURCES

    Total calculated
    $228,986
    From this org
    $206,414
    From related orgs
    $0
    Other
    $22,572
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,453
    Bonus
    $0
    Other
    $4,961
    Deferred
    $11,936
    Nontaxable benefits
    $10,636
    Filer's total
    $228,986
  • Kerry Koonce

    VP COMMUNICATIONS & CORP RELATIONS

    Total calculated
    $230,752
    From this org
    $195,867
    From related orgs
    $0
    Other
    $34,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,618
    Bonus
    $0
    Other
    $10,249
    Deferred
    $10,573
    Nontaxable benefits
    $24,312
    Filer's total
    $230,752
  • Terry Fett

    DIRECTOR, ENGINEERING & OPERATIONS

    Total calculated
    $215,412
    From this org
    $174,631
    From related orgs
    $0
    Other
    $40,781
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,026
    Bonus
    $0
    Other
    $6,605
    Deferred
    $10,773
    Nontaxable benefits
    $30,008
    Filer's total
    $215,412
  • Michelle Soyer

    DIRECTOR OF FINANCE

    Total calculated
    $210,944
    From this org
    $170,281
    From related orgs
    $0
    Other
    $40,663
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,623
    Bonus
    $0
    Other
    $1,658
    Deferred
    $13,651
    Nontaxable benefits
    $27,012
    Filer's total
    $210,944
  • Samuel Stineman

    DIRECTOR, GENERATION ASSETS

    Total calculated
    $208,124
    From this org
    $170,111
    From related orgs
    $0
    Other
    $38,013
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,043
    Bonus
    $0
    Other
    $6,068
    Deferred
    $12,273
    Nontaxable benefits
    $25,740
    Filer's total
    $208,124
  • Chad Miller

    MANAGER OF IT SECURITY & COMPLIANCE

    Total calculated
    $192,680
    From this org
    $158,015
    From related orgs
    $0
    Other
    $34,665
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,539
    Bonus
    $0
    Other
    $476
    Deferred
    $6,693
    Nontaxable benefits
    $27,972
    Filer's total
    $192,680

The first 25 listed. 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

  • 2024
    Revenue
    $224,762,576
    Expenses
    $204,459,125
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $217,847,874
    Expenses
    $205,745,005
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $219,280,606
    Expenses
    $216,888,805
    Contributions
    $0
    Grants paid
    $0

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
    $189,203,690
    Expenses
    $199,425,740
    Assets (EOY)
    $899,434,034
  • 2020 · 990

    Revenue
    $189,808,864
    Expenses
    $181,170,871
    Assets (EOY)
    $870,566,563
  • 2019 · 990

    Revenue
    $191,715,419
    Expenses
    $190,044,874
    Assets (EOY)
    $800,491,864
  • 2018 · 990

    Revenue
    $195,289,761
    Expenses
    $208,864,856
    Assets (EOY)
    $803,787,652
  • 2017 · 990

    Revenue
    $187,970,757
    Expenses
    $184,741,362
    Assets (EOY)
    $782,271,946
  • 2016 · 990

    Revenue
    $191,419,923
    Expenses
    $178,348,403
    Assets (EOY)
    $768,476,695
  • 2015 · 990

    Revenue
    $188,429,113
    Expenses
    $181,386,098
    Assets (EOY)
    $732,116,735
  • 2014 · 990

    Revenue
    $194,979,526
    Expenses
    $183,490,591
    Assets (EOY)
    $708,845,564
  • 2013 · 990

    Revenue
    $193,129,592
    Expenses
    $181,010,723
    Assets (EOY)
    $668,301,048
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $171,857,022
    Assets (EOY)
    $658,827,754

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.

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 2024 return

  • CMA VENTURES INC FKA IOWA CAPITAL CORP

    C · INVESTING · IA · 100% owned · share of income $2,075,541 · share of assets $17,843,125

  • CAPITAL MANAGEMENT ASSOCIATES

    C · INVESTING · IA · 100% owned

  • CBEC RAILWAY INC

    C · RAIL SPUR OPERATION · IA · 94% owned · share of income $146,325 · share of assets $5,442,838

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 2024, the newest we have parsed for this organization.