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MONROE COUNTY ELECTRIC COOP INC

EIN 37-0425335 WATERLOO, IL

Largest nonprofits in Illinois

Revenue 2024
$20,020,326
Expenses 2024
$19,839,463

Program services were 0.0% 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 128

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

As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members.

  • Monroe County Electric Cooperative, Inc. is a member-owned electric cooperative. Using approximaately 1,200 miles of distribution and transmission electric line, Monroe County Electric Cooperative, Inc. serves more than 7,500 local farms, homes and businesses located in Illinois with dependable electric power.

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.

  • Alan Wattles

    President & CEO

    Total calculated
    $370,049
    From this org
    $234,363
    From related orgs
    $0
    Other
    $135,686
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $234,363
    Bonus
    not reported
    Other
    not reported
    Deferred
    $109,528
    Nontaxable benefits
    $26,158
    Filer's total
    $370,049

  • Christopher Scott

    Operations Supervisor

    Total calculated
    $229,537
    From this org
    $166,692
    From related orgs
    $0
    Other
    $62,845
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $166,692
    Bonus
    not reported
    Other
    not reported
    Deferred
    $38,455
    Nontaxable benefits
    $24,390
    Filer's total
    $229,537

  • Ronald Rusteberg

    Foreman

    Total calculated
    $206,854
    From this org
    $133,132
    From related orgs
    $0
    Other
    $73,722
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $133,132
    Bonus
    not reported
    Other
    not reported
    Deferred
    $59,799
    Nontaxable benefits
    $13,923
    Filer's total
    $206,854

  • Alisa Wood

    VP - Admin

    Total calculated
    $189,393
    From this org
    $130,898
    From related orgs
    $0
    Other
    $58,495
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,898
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,651
    Nontaxable benefits
    $23,844
    Filer's total
    $189,393

  • Robert Gross

    Foreman

    Total calculated
    $186,948
    From this org
    $133,161
    From related orgs
    $0
    Other
    $53,787
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $133,161
    Bonus
    not reported
    Other
    not reported
    Deferred
    $30,354
    Nontaxable benefits
    $23,433
    Filer's total
    $186,948

  • Gary Gilbert

    Foreman

    Total calculated
    $174,545
    From this org
    $129,547
    From related orgs
    $0
    Other
    $44,998
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $129,547
    Bonus
    not reported
    Other
    not reported
    Deferred
    $21,565
    Nontaxable benefits
    $23,433
    Filer's total
    $174,545

  • Tracy Patton

    CFO

    Total calculated
    $162,617
    From this org
    $115,072
    From related orgs
    $0
    Other
    $47,545
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,072
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,230
    Nontaxable benefits
    $23,315
    Filer's total
    $162,617

  • George Obernagel

    Director

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.35

  • Amy Hoffman-Rohlfing

    Diarector

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.08

  • Richard Neff

    Director

    Total calculated
    $5,850
    From this org
    $5,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.61

  • Rich Hollis

    Director

    Total calculated
    $5,500
    From this org
    $5,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.83

  • Greg Gregson

    Director

    Total calculated
    $5,200
    From this org
    $5,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.63

  • Quent Stenzel

    Director

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.77

  • Jeff Hoffmann

    Director

    Total calculated
    $4,650
    From this org
    $4,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Joel Harres

    Director

    Total calculated
    $3,650
    From this org
    $3,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67

  • Suzanne Knake

    Director

    Total calculated
    $2,360
    From this org
    $2,360
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.73

  • Larry Kraft

    Director

    Total calculated
    $1,700
    From this org
    $1,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.43

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
    $20,020,326
    Expenses
    $19,839,463
    Contributions
    $180,863
    Grants paid
    $19,314
  • 2023
    Revenue
    $18,872,783
    Expenses
    $18,872,783
    Contributions
    $0
    Grants paid
    $17,338
  • 2022
    Revenue
    $18,269,028
    Expenses
    $18,269,028
    Contributions
    $0
    Grants paid
    $15,000

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
    $17,977,778
    Expenses
    $17,977,778
    Assets (EOY)
    $48,641,421

  • 2020 · 990

    Revenue
    $17,665,583
    Expenses
    $17,665,583
    Assets (EOY)
    $46,857,499

  • 2019 · 990

    Revenue
    $18,224,104
    Expenses
    $18,224,104
    Assets (EOY)
    $45,420,527

  • 2018 · 990

    Revenue
    $18,228,351
    Expenses
    $18,228,351
    Assets (EOY)
    $43,579,030

  • 2017 · 990

    Revenue
    $17,173,699
    Expenses
    $17,045,176
    Assets (EOY)
    $42,630,282

  • 2016 · 990

    Revenue
    $16,895,870
    Expenses
    $16,350,917
    Assets (EOY)
    $41,876,695

  • 2015 · 990

    Revenue
    $16,441,737
    Expenses
    $16,335,706
    Assets (EOY)
    $41,103,595

  • 2014 · 990

    Revenue
    $15,774,334
    Expenses
    $15,774,334
    Assets (EOY)
    $40,080,316

  • 2013 · 990

    Revenue
    $15,331,118
    Expenses
    $14,538,080
    Assets (EOY)
    $39,306,976

  • 2011 · 990

    Revenue
    not reported
    Expenses
    $13,816,634
    Assets (EOY)
    $35,599,359

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

  • 17 Grants to Various Schools - 500

    $8,500

    2023

  • 15 GRANTS TO VARIOUS SCHOOLS - 500

    $7,500

    2022

  • 15 Grants to Various Schools 500

    $7,500

    2024

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 corporations and trusts on its 2023 return

  • Monroe County Environmental Mgmt

    C Corp · Sewer Treat · IL · 100% owned · share of assets $264,529

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.