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NORTHWEST IOWA POWER COOPERATIVE

EIN 42-0723014 LE MARS, IA

Largest nonprofits in Iowa

Revenue 2025
$124,060,780
Expenses 2025
$123,412,750

As filed

Subsection
12
Classification
4000
Street
PO BOX 240

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

WHOLESALE ELECTRICITY SALES TO ITS MEMBER COOPERATIVES.

  • NIPCO IS A WHOLESALE POWER SUPPLIER TO SIX RURAL ELECTRIC DISTRIBUTION COOPERATIVES AND ONE MUNICIPAL COOPERATIVE COMPRISED OF SIX CITIES.

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.

  • Louis Reed

    PRESIDENT

    Total calculated
    $20,210
    From this org
    $20,210
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Ronald Steinhoff

    VICE PRESIDENT

    Total calculated
    $17,530
    From this org
    $17,530
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Trent Will

    SECRETARY

    Total calculated
    $11,080
    From this org
    $11,080
    From related orgs
    $0
    Other
    $0
    Hours/week
    8
  • Thomas Wagner

    TREASURER

    Total calculated
    $7,990
    From this org
    $7,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Bryan Greve

    DIRECTOR

    Total calculated
    $11,100
    From this org
    $11,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    8
  • James Else

    DIRECTOR

    Total calculated
    $14,160
    From this org
    $14,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    9
  • Brenda Lundergard

    DIRECTOR

    Total calculated
    $15,500
    From this org
    $15,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    9
  • Matthew Washburn

    EXECUTIVE VP & GENERAL MANAGER

    Total calculated
    $460,271
    From this org
    $324,715
    From related orgs
    $0
    Other
    $135,556
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $322,860
    Bonus
    $254
    Other
    $1,601
    Deferred
    $107,456
    Nontaxable benefits
    $31,921
    Filer's total
    $464,092
  • Jane Scheitler

    CFO

    Total calculated
    $225,754
    From this org
    $160,731
    From related orgs
    $0
    Other
    $65,023
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $159,650
    Bonus
    $271
    Other
    $810
    Deferred
    $35,158
    Nontaxable benefits
    $32,324
    Filer's total
    $228,213
  • Jayme Huber

    VP OF ENGINEERING SERVICE

    Total calculated
    $252,533
    From this org
    $187,635
    From related orgs
    $0
    Other
    $64,898
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $184,149
    Bonus
    $254
    Other
    $3,232
    Deferred
    $42,404
    Nontaxable benefits
    $25,195
    Filer's total
    $255,234
  • Steve Spieler

    CIO

    Total calculated
    $228,163
    From this org
    $171,654
    From related orgs
    $0
    Other
    $56,509
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,887
    Bonus
    $271
    Other
    $1,496
    Deferred
    $35,089
    Nontaxable benefits
    $23,963
    Filer's total
    $230,706
  • Mark Nelson

    POWER DISPATCHING MANAGER

    Total calculated
    $200,917
    From this org
    $143,956
    From related orgs
    $0
    Other
    $56,961
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $141,003
    Bonus
    $271
    Other
    $2,682
    Deferred
    $47,361
    Nontaxable benefits
    $11,824
    Filer's total
    $203,141
  • Thomas Berkenpas

    TRANSMISSION SUPERINTENDENT

    Total calculated
    $214,279
    From this org
    $138,109
    From related orgs
    $0
    Other
    $76,170
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $135,595
    Bonus
    $271
    Other
    $2,243
    Deferred
    $45,975
    Nontaxable benefits
    $32,418
    Filer's total
    $216,502
  • William Thompson

    CREW FOREMAN

    Total calculated
    $195,825
    From this org
    $137,556
    From related orgs
    $0
    Other
    $58,269
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $136,274
    Bonus
    $271
    Other
    $1,011
    Deferred
    $32,726
    Nontaxable benefits
    $27,585
    Filer's total
    $197,867
  • Grant Oliver

    CREW FOREMAN

    Total calculated
    $181,719
    From this org
    $136,597
    From related orgs
    $0
    Other
    $45,122
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $136,005
    Bonus
    $271
    Other
    $321
    Deferred
    $17,522
    Nontaxable benefits
    $29,642
    Filer's total
    $183,761

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
    $124,060,780
    Expenses
    $123,412,750
    Contributions
    $0
    Grants paid
    $23,088
  • 2024
    Revenue
    $114,611,981
    Expenses
    $113,962,140
    Contributions
    $0
    Grants paid
    $7,367
  • 2023
    Revenue
    $110,395,836
    Expenses
    $109,664,924
    Contributions
    $0
    Grants paid
    $8,235
  • 2022
    Revenue
    $106,140,124
    Expenses
    $105,118,609
    Contributions
    $0
    Grants paid
    $6,282

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
    $97,805,529
    Expenses
    $97,310,307
    Assets (EOY)
    $209,144,882
  • 2020 · 990

    Revenue
    $104,137,752
    Expenses
    $103,639,160
    Assets (EOY)
    $207,293,424
  • 2019 · 990

    Revenue
    $103,773,468
    Expenses
    $103,371,925
    Assets (EOY)
    $190,140,714
  • 2018 · 990

    Revenue
    $108,335,597
    Expenses
    $107,182,446
    Assets (EOY)
    $173,841,959
  • 2017 · 990

    Revenue
    $102,063,487
    Expenses
    $101,604,547
    Assets (EOY)
    $153,848,514
  • 2016 · 990

    Revenue
    $98,900,491
    Expenses
    $98,238,786
    Assets (EOY)
    $134,205,245
  • 2015 · 990

    Revenue
    $90,342,074
    Expenses
    $89,573,168
    Assets (EOY)
    $120,826,077
  • 2014 · 990

    Revenue
    $93,887,731
    Expenses
    $93,395,859
    Assets (EOY)
    $120,489,296
  • 2013 · 990

    Revenue
    $91,946,737
    Expenses
    $91,427,127
    Assets (EOY)
    $116,587,762
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $81,135,977
    Assets (EOY)
    $103,121,742

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

Where these grants went next →

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

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 partnerships on its 2025 return

  • IOWA COOPERATIVES FOR ENERGY EFFICIENCY

    UNRELATED · ENERGY EFFICIENCY CONFERENCE · IA · 50% owned · share of income -$5,012 · share of assets $3,664 · general or managing partner

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.