CENTRAL IOWA POWER COOPERATIVE Charity Report

Public IRS 990 nonprofit record

CENTRAL IOWA POWER COOPERATIVE

EIN 42-0652127 · Mutual & Membership Benefit (Y)

What they do

ELECTRIC GENERATION and TRANSMISSION COOPERATIVE

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.97%of revenue went to mission work100.0% of expenses · Program services

$90.97spent for every $100 of revenueRevenue covered expenses this year.

$4.45in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $468,438 for ANDREW ST JOHN (EXECUTIVE VICE PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$224,762,576

Mission workProgram services$204,459,12590.97% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$20,303,4519.03% of revenueShown in gray on the chart

Total expenses$204,459,12590.97% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.97% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.44% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.91% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 105.40% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.45% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.13% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 106.95% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.28% of revenue

Money in and money out

Revenue$224,762,576

Expenses$204,459,125

Annual surplus $20,303,451 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$204,459,125 · 100.0% of expenses

See all reported dollar amounts

Revenue$224,762,576

Expenses$204,459,125

Assets$910,500,887

Income$357,780,477

Mission work (program services)$204,459,125

Accounting fees$274,976

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREW ST JOHNEXECUTIVE VICE PRESIDENT & CEO · 40 hrs/week $468,438Base $423,817 · Other $44,621

DANIEL BURNSVP UTILITY OPERATIONS · 40 hrs/week $309,685Base $255,212 · Other $54,473

PAUL HOFMANVP INFORMATION TECHNOLOGY · 40 hrs/week $300,314Base $256,890 · Other $43,424

KENDRA GRAVESVP PORTFOLIO STRATEGY & PLANNING · 40 hrs/week $287,775Base $242,955 · Other $44,820

DAVID NICHOLSONVP & CFO · 40 hrs/week $260,285Base $235,169 · Other $25,116

KERRY KOONCEVP COMMUNICATIONS & CORP RELATIONS · 40 hrs/week $230,752Base $195,867 · Other $34,885

MEMOREA SCHRADERVP HUMAN RESOURCES · 40 hrs/week $228,986Base $206,414 · Other $22,572

TERRY FETTDIRECTOR, ENGINEERING & OPERATIONS · 40 hrs/week $215,412Base $174,631 · Other $40,781

MICHELLE SOYERDIRECTOR OF FINANCE · 40 hrs/week $210,944Base $170,281 · Other $40,663

SAMUEL STINEMANDIRECTOR, GENERATION ASSETS · 40 hrs/week $208,124Base $170,111 · Other $38,013

CHAD MILLERMANAGER OF IT SECURITY & COMPLIANCE · 40 hrs/week $192,680Base $158,015 · Other $34,665

REX BUTLERMANAGER OF ENVIRONMENTAL & SAFETY · 40 hrs/week $183,658Base $152,927 · Other $30,731

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

ANDREW ST JOHNEXECUTIVE VICE PRESIDENT & CEO

DANIEL BURNSVP UTILITY OPERATIONS

PAUL HOFMANVP INFORMATION TECHNOLOGY

KENDRA GRAVESVP PORTFOLIO STRATEGY & PLANNING

DAVID NICHOLSONVP & CFO

KERRY KOONCEVP COMMUNICATIONS & CORP RELATIONS

MEMOREA SCHRADERVP HUMAN RESOURCES

TERRY FETTDIRECTOR, ENGINEERING & OPERATIONS

MICHELLE SOYERDIRECTOR OF FINANCE

SAMUEL STINEMANDIRECTOR, GENERATION ASSETS

CHAD MILLERMANAGER OF IT SECURITY & COMPLIANCE

REX BUTLERMANAGER OF ENVIRONMENTAL & SAFETY

PAUL HEINEMANBOARD PRESIDENT

GARY KESTERBOARD DIRECTOR

DAN WESTPHALBOARD VICE PRESIDENT

RANDY ROUSEBOARD DIRECTOR

KIRK HILANDBOARD DIRECTOR

GARY MCKENNABOARD DIRECTOR

ARDEN GREINERBOARD DIRECTOR

DUANE VER PLOEGBOARD ASST SECRETARY/TREASURER

TIM LARSENBOARD DIRECTOR

DALE WALKUPBOARD DIRECTOR

STEVE BIRELINEBOARD DIRECTOR

CRAIG STALLMANBOARD DIRECTOR

GENE MANTERNACHBOARD SECRETARY/TREASURER

RONALD THIELENPART-YEAR BOARD DIRECTOR

About this charity

Recognized since: January 1951
Location: PO BOX 2517, CEDAR RAPIDS, IA 52406-2517
County: Linn
In care of: ANDREW ST JOHN
Primary officer: ANDREW ST JOHN, CEO

How to reach them

WebsiteVisit the charity’s website Phone(319) 366-8011 Officer phone(515) 362-7643

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: UHY ADVISORS MIDWEST INC
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit