North West Rural Electric Cooperative

ORANGE CITY, IA EIN: 42-1404169 Website

WE WILL SAFELY AND EFFICIENTLY PROVIDE RELIABLE AND AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$153.4M

+8.1% YoY

Annual Giving

$8K

Grant Count

1

Avg Grant Size

$8K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$153,360,780$141,894,114$131,130,476
Revenue$61,491,636$57,563,670$55,266,461
Expenses$59,778,301$55,817,047$53,241,789
Qualifying Distributions
Net Investment Income$363,537$433,143$212,468
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

NORTHWEST IOWA COMMUNITY…$8K

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LYLE D KORVERCEO$283KCURTIS F AHRENHOLZFINANCE DIRECTOR$140KDOUGLAS J ALONSOPERATIONS DIRECTOR$133KROBERT J DRIESENMEMBER SERVICES DIRECTOR$125KDERRICK W HAAKASSISTANT OPERATIONS DIRECTOR$125KJUSTIN D NIPPERTLEAD LINEMAN$118KMICHAEL A BERKENPASLEAD LINEMAN$118KJEFF REHDERPRESIDENT$13KDAVE BOSMADIRECTOR$11KSHIRLEY SCHROEDER - …(UNTIL 3/24)/ASST S/T(AS OF …$11KDAN VAN BEEKDIRECTOR$9KDALE ULLRICH - ASST ST(UNTIL 3/24)/VP(AS OF 4/24)$9KSTEVE ABMADIRECTOR$9KSTEVE BROWNSECRETARY$9KTOM WAGNERTREASURER$8KDAN HOFFMANDIRECTOR$7KDOUGLAS BECKER - VP …3/24)/DIRECTOR(AS OF 4/24)$7KSCOTT FEUERHELMDIRECTOR$6K

From 2024 filing

NameTitleHoursCompensation
JEFF REHDERPRESIDENT8$12,670
DALE ULLRICH - ASST ST(UNTIL 3/24)/VP(AS OF 4/24)5$9,410
STEVE BROWNSECRETARY5$8,755
TOM WAGNERTREASURER5$7,580
SHIRLEY SCHROEDER - DIRECTOR(UNTIL 3/24)/ASST S/T(AS OF 4/24)5$10,915
STEVE ABMADIRECTOR5$9,055
DOUGLAS BECKER - VP UNTIL3/24)/DIRECTOR(AS OF 4/24)5$7,000
DAVE BOSMADIRECTOR6$11,190
SCOTT FEUERHELMDIRECTOR5.5$5,880
DAN HOFFMANDIRECTOR7$7,430
DAN VAN BEEKDIRECTOR5$9,455
LYLE D KORVERCEO44.2$283,217
CURTIS F AHRENHOLZFINANCE DIRECTOR41.5$139,634
DOUGLAS J ALONSOPERATIONS DIRECTOR40.4$132,996
DERRICK W HAAKASSISTANT OPERATIONS DIRECTOR40.3$125,019
ROBERT J DRIESENMEMBER SERVICES DIRECTOR41.1$125,023
MICHAEL A BERKENPASLEAD LINEMAN43.3$118,030
JUSTIN D NIPPERTLEAD LINEMAN43.3$118,313

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

SHELDON

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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