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MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE

EIN 42-0394605 ANAMOSA, IA

Largest nonprofits in Iowa

Revenue 2024
$45,593,070
Expenses 2024
$41,879,853

As filed

Subsection
12
Classification
4000
Street
109 N HUBER ST

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

We will be the utility of choice by providing reliable, quality services in a safe, respectful, environmentally responsible, cost-effective manner that benefits our members' quality of life and promotes the success of their local communities.

Activities or mission (Part I)

Provide reliable, quality electric, internet and telephone services to members.

  • Maquoketa Valley Electric Cooperative provides electric energy services over 3,327 miles of distribution line to 18,119 metered services, covering more than 17,190 rural residential and commercial member-consumers in nine counties in Northeastern Iowa.

  • Maquoketa Valley Electric Cooperative provides internet service to 7,515 members and VoIP phone service to 553 members throughout its service territory.

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.

  • Ron Thielen

    President/Director

    Total calculated
    $10,800
    From this org
    $10,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5
  • Thomas Stewart

    Vice President/President

    Total calculated
    $9,240
    From this org
    $9,240
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.8
  • Judy Gotto

    Treasurer

    Total calculated
    $11,025
    From this org
    $11,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.5
  • Eugene Manternach

    Secretary/Director

    Total calculated
    $3,650
    From this org
    $3,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Charles McCullough

    Assistant Secretary (until Aug 2024)

    Total calculated
    $7,070
    From this org
    $7,070
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.4
  • Larry Swanson

    Director (until Aug 2024)

    Total calculated
    $3,530
    From this org
    $3,530
    From related orgs
    $0
    Other
    $0
    Hours/week
    8
  • Billie Zumbach

    Director/Secretary

    Total calculated
    $12,150
    From this org
    $12,150
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Charlie Peters

    Director/Secretary/Vice President

    Total calculated
    $6,075
    From this org
    $6,075
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Scott Minzenmeyer

    Director/Assistant Secretary

    Total calculated
    $10,575
    From this org
    $10,575
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5
  • Todd Wiedenman

    Director (beg Aug 2024)

    Total calculated
    $4,725
    From this org
    $4,725
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Brett Nagel

    Director (beg Aug 2024)

    Total calculated
    $4,275
    From this org
    $4,275
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Jeremy Richert

    CEO/Executive Vice President

    Total calculated
    $353,596
    From this org
    $257,564
    From related orgs
    $0
    Other
    $96,032
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $257,564
    Bonus
    $0
    Other
    $0
    Deferred
    $68,495
    Nontaxable benefits
    $30,137
    Filer's total
    $356,196
  • Kelly Gibbs

    Chief Financial Officer

    Total calculated
    $225,581
    From this org
    $169,580
    From related orgs
    $0
    Other
    $56,001
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $169,580
    Bonus
    $0
    Other
    $0
    Deferred
    $25,682
    Nontaxable benefits
    $32,044
    Filer's total
    $227,306
  • Dan Schulte

    Director of Operations

    Total calculated
    $238,111
    From this org
    $152,359
    From related orgs
    $0
    Other
    $85,752
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $152,359
    Bonus
    $0
    Other
    $0
    Deferred
    $60,475
    Nontaxable benefits
    $26,845
    Filer's total
    $239,679
  • Brent Wegmann

    Director of IT

    Total calculated
    $216,299
    From this org
    $162,054
    From related orgs
    $0
    Other
    $54,245
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $162,054
    Bonus
    $0
    Other
    $0
    Deferred
    $29,476
    Nontaxable benefits
    $26,380
    Filer's total
    $217,910
  • Dean Koopmann

    Director of Tech Services

    Total calculated
    $212,063
    From this org
    $135,494
    From related orgs
    $0
    Other
    $76,569
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $135,494
    Bonus
    $0
    Other
    $0
    Deferred
    $52,201
    Nontaxable benefits
    $25,115
    Filer's total
    $212,810
  • Tony Sheridan

    Lead Lineman - Foreman

    Total calculated
    $175,891
    From this org
    $136,121
    From related orgs
    $0
    Other
    $39,770
    Hours/week
    45.6

    Schedule J breakdown matched by us

    Base
    $136,121
    Bonus
    $0
    Other
    $0
    Deferred
    $11,938
    Nontaxable benefits
    $28,936
    Filer's total
    $176,995
  • Tony Marbach

    Lead Lineman - Foreman

    Total calculated
    $172,005
    From this org
    $130,041
    From related orgs
    $0
    Other
    $41,964
    Hours/week
    44.8

    Schedule J breakdown matched by us

    Base
    $130,041
    Bonus
    $0
    Other
    $0
    Deferred
    $11,083
    Nontaxable benefits
    $32,010
    Filer's total
    $173,134

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
    $45,593,070
    Expenses
    $41,879,853
    Contributions
    $100,711
    Grants paid
    $21,686
  • 2023
    Revenue
    $44,002,907
    Expenses
    $41,267,199
    Contributions
    $100,711
    Grants paid
    $16,971
  • 2022
    Revenue
    $41,739,956
    Expenses
    $40,245,956
    Contributions
    $0
    Grants paid
    $15,752

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
    $38,262,856
    Expenses
    $36,772,855
    Assets (EOY)
    $145,482,750
  • 2020 · 990

    Revenue
    $40,324,827
    Expenses
    $38,084,827
    Assets (EOY)
    $138,137,310
  • 2019 · 990

    Revenue
    $39,094,928
    Expenses
    $37,744,928
    Assets (EOY)
    $130,015,693
  • 2018 · 990

    Revenue
    $35,515,341
    Expenses
    $34,849,342
    Assets (EOY)
    $117,958,539
  • 2017 · 990

    Revenue
    $34,171,283
    Expenses
    $33,179,283
    Assets (EOY)
    $96,554,502
  • 2016 · 990

    Revenue
    $34,118,842
    Expenses
    $33,305,770
    Assets (EOY)
    $76,262,814
  • 2015 · 990

    Revenue
    $32,427,303
    Expenses
    $32,427,303
    Assets (EOY)
    $68,672,482
  • 2014 · 990

    Revenue
    $33,269,073
    Expenses
    $32,819,073
    Assets (EOY)
    $65,810,393
  • 2013 · 990

    Revenue
    $32,585,466
    Expenses
    $32,185,466
    Assets (EOY)
    $63,773,918
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $30,766,315
    Assets (EOY)
    $61,062,326

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

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.