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MIDLAND POWER COOPERATIVE

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Public IRS 990 nonprofit record

MIDLAND POWER COOPERATIVE

EIN 42-1378565 · Telecommunications (W50)

What they do

to SAFELY PROVIDE RELIABLE, AFFORDABLE, and RESPONSIBLE ELECTRIC SERVICE WHILE ENHANCING THE COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

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 leaders21 people are listed in the latest report.

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

Money made simple

$90.52spent for every $100 of revenueRevenue covered expenses this year.
$3.11in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $314,953 for WILLIAM MCKIM (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.

Money in and money out

Revenue$60,066,585
Expenses$54,373,167
Annual surplus $5,693,418 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$60,066,585
Expenses$54,373,167
Assets$169,295,526
Income$60,618,093
Accounting fees$25,700
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
WILLIAM MCKIMCEO · 50 hrs/week $314,953Base $218,722 · Other $96,231
DAN KYLEVP OF OPERATIONS · 42 hrs/week $220,979Base $141,799 · Other $79,180
SCOTT BENZLINE FOREMAN · 58 hrs/week $198,104Base $150,962 · Other $47,142
JUSTIN SCHMIDTLINE FOREMAN · 50 hrs/week $186,152Base $142,836 · Other $43,316
JILL GANNONVP OF ADMINISTRATION · 42 hrs/week $180,515Base $136,886 · Other $43,629
BRIAN KILLEENLINE SUPERINTENDENT · 42 hrs/week $169,350Base $130,372 · Other $38,978
LUCAS SHIPLEYLINEMAN · 48 hrs/week $165,459Base $122,339 · Other $43,120
BARRY MUNSONLINE FOREMAN · 48 hrs/week $160,445Base $134,030 · Other $26,415
MIKE COLEMANPRESIDENT · 9 hrs/week $18,196
JOEL SKOWASSIST SECRETARY/TREASURER · 6 hrs/week $11,978
JAMES BYRIELDIRECTOR · 5 hrs/week $11,060
KIMBERLEY RINKERTREASURER · 4 hrs/week $9,142

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 (21)

WILLIAM MCKIMCEO

DAN KYLEVP OF OPERATIONS

SCOTT BENZLINE FOREMAN

JUSTIN SCHMIDTLINE FOREMAN

JILL GANNONVP OF ADMINISTRATION

BRIAN KILLEENLINE SUPERINTENDENT

LUCAS SHIPLEYLINEMAN

BARRY MUNSONLINE FOREMAN

MIKE COLEMANPRESIDENT

JOEL SKOWASSIST SECRETARY/TREASURER

JAMES BYRIELDIRECTOR

KIMBERLEY RINKERTREASURER

JAMES VIEKANDTDIRECTOR

TOM INGEBRITSONDIRECTOR (UNTIL 08/24)

RICK THOMPSONVICE PRESIDENT

PAUL HEINEMANDIRECTOR

RANDY CHRISTENSENSECRETARY

WILLIAM HARLEENDIRECTOR

DOUG ROBEYDIRECTOR

PAUL SKARTVEDTDIRECTOR (BEG 07/24)

FRANCIS BUCKELDIRECTOR (BEG 08/24)

About this charity

Recognized since
January 1992
Location
2005 S STORY STREET PO BOX 368, BOONE, IA 50036
County
Boone
In care of
WILLIAM MCKIM
Primary officer
WILLIAM MCKIM, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
EIDE BAILLY LLP
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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