- Revenue 2024
- $33,661,165
- Expenses 2024
- $33,276,676
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- 11464 HWY 9
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
OUR VISION IS TO BE THE PROVIDER OF CHOICE FOR ENERGY AND SERVICES BY ALL CONSUMERS. OUR PRIMARY PURPOSE IS TO PROVIDE ELECTRICAL ENERGY AND OTHER SERVICES THAT ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE ECONOMIC AND SOCIAL WELL-BEING OF THE REGION AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMIC AND MANAGEMENT DECISIONS.
Activities or mission (Part I)
TO PROVIDE ELECTRICITY TO RURAL COMMUNITIES.
-
HEARTLAND POWER COOPERATIVE INVESTED IN NEW SERVICE LINES, LINE AND SERVICE IMPROVEMENTS, AND ORDINARY REPLACEMENT OF EXISTING LINE TO KEEP UP THE CONDITION OF OUR DISTRIBUTION SYSTEM. A SUMMARY OF THESE IMPROVEMENTS IS LISTED BELOW:8 MILES OF OVERHEAD LINE WAS REBUILT37.8 MILES OF UNDERGROUND LINE WAS INSTALLED25 NEW SERVICES CONNECTED421 NEW POLES WERE PLACED FOR NEW LINE, NEW SERVICES, AND FOR ORDINARY REPLACEMENT OF DAMAGED OR DECAYED POLES OR FOR BETTER LINE CLEARANCE4,470 POLES WERE INSPECTED FOR DECAY OR DAMAGE, 54 POLES TAGGED FOR REPLACEMENT767 ARRESTORS WERE ADDED TO LINES TO DRAIN OFF LIGHTNING SURGES48 ELECTRONIC TRIP SAVERS WERE INSTALLED TO IMPROVE RELIABILITY AND REDUCE OUTAGES183 SECURITY LIGHTS WERE REPAIRED116 POLES WITH EQUIPMENT WERE REPAIRED
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
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.
-
Don KnudtsonDON KNUDTSON
PRESIDENT
- Total calculated
- $10,530
- From this org
- $10,530
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Mark KinglandMARK KINGLAND
VICE PRESIDENT
- Total calculated
- $8,100
- From this org
- $8,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Vince MorischeVINCE MORISCHE
SECRETARY
- Total calculated
- $9,775
- From this org
- $9,775
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.5
-
Gary PearsonGARY PEARSON
ASST. SECRETARY-TREASURER UTL. 03/24
- Total calculated
- $825
- From this org
- $825
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Michael ColeMICHAEL COLE
ASST. SECRETARY TREASURER FROM 03/24
- Total calculated
- $9,500
- From this org
- $9,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.5
-
Roger SolomonsonROGER SOLOMONSON
DIRECTOR
- Total calculated
- $11,400
- From this org
- $11,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Tricia JaegerTRICIA JAEGER
TREASURER
- Total calculated
- $9,225
- From this org
- $9,225
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.5
-
Steven GrothSTEVEN GROTH
DIRECTOR FROM 03/24
- Total calculated
- $1,800
- From this org
- $1,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Jon LeerarJON LEERAR
CEO/GENERAL MANAGER
- Total calculated
- $394,854
- From this org
- $219,798
- From related orgs
- $0
- Other
- $175,056
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $219,798
- Bonus
- $0
- Other
- $0
- Deferred
- $139,079
- Nontaxable benefits
- $35,977
- Filer's total
- $394,854
-
Karrie PringnitzKARRIE PRINGNITZ
DIRECTOR OF FINANCE
- Total calculated
- $219,513
- From this org
- $132,928
- From related orgs
- $0
- Other
- $86,585
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $132,928
- Bonus
- $0
- Other
- $0
- Deferred
- $52,857
- Nontaxable benefits
- $34,001
- Filer's total
- $219,786
-
Dave LowDAVE LOW
DIRECTOR OF OPERATIONS
- Total calculated
- $214,041
- From this org
- $124,485
- From related orgs
- $0
- Other
- $89,556
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $124,485
- Bonus
- $0
- Other
- $0
- Deferred
- $71,248
- Nontaxable benefits
- $18,308
- Filer's total
- $214,041
-
Jarrett WoodsJARRETT WOODS
FIRST CLASS LINEMAN
- Total calculated
- $128,709
- From this org
- $109,475
- From related orgs
- $0
- Other
- $19,234
- Hours/week
- 40
-
Pete PaulsonPETE PAULSON
LINE FOREMAN
- Total calculated
- $257,752
- From this org
- $108,482
- From related orgs
- $0
- Other
- $149,270
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $108,482
- Bonus
- $0
- Other
- $0
- Deferred
- $114,805
- Nontaxable benefits
- $34,465
- Filer's total
- $257,752
-
Gabe MayerGABE MAYER
LINE FOREMAN
- Total calculated
- $200,323
- From this org
- $106,511
- From related orgs
- $0
- Other
- $93,812
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $106,511
- Bonus
- $0
- Other
- $0
- Deferred
- $66,934
- Nontaxable benefits
- $26,878
- Filer's total
- $200,323
-
Colton Skarpohl-OstCOLTON SKARPOHL-OST
LINEMAN
- Total calculated
- $131,045
- From this org
- $106,264
- From related orgs
- $0
- Other
- $24,781
- Hours/week
- 40
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
- $33,661,165
- Expenses
- $33,276,676
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $31,295,055
- Expenses
- $29,841,744
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $29,708,110
- Expenses
- $29,197,113
- 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
- $24,643,781
- Expenses
- $23,914,066
- Assets (EOY)
- $55,926,018
-
2020 · 990
- Revenue
- $27,879,416
- Expenses
- $27,655,584
- Assets (EOY)
- $54,949,765
-
2019 · 990
- Revenue
- $29,909,949
- Expenses
- $29,534,949
- Assets (EOY)
- $57,654,349
-
2018 · 990
- Revenue
- $29,461,187
- Expenses
- $29,159,906
- Assets (EOY)
- $50,865,057
-
2017 · 990
- Revenue
- $29,393,369
- Expenses
- $28,963,369
- Assets (EOY)
- $48,392,088
-
2016 · 990
- Revenue
- $28,174,313
- Expenses
- $27,744,313
- Assets (EOY)
- $45,887,756
-
2015 · 990
- Revenue
- $27,872,124
- Expenses
- $27,442,123
- Assets (EOY)
- $44,543,331
-
2014 · 990
- Revenue
- $26,549,224
- Expenses
- $26,119,224
- Assets (EOY)
- $40,967,978
-
2013 · 990
- Revenue
- $25,052,514
- Expenses
- $24,742,513
- Assets (EOY)
- $39,299,533
-
2012 · 990
- Revenue
- not reported
- Expenses
- $23,737,558
- Assets (EOY)
- $37,524,946
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
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.