EIN 42-1468305

Heartland Power Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
25
City
Thompson
State
Year formed
1997
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Heartland Power Cooperative is a mission-driven organization that is committed to providing electricity to rural communities. Recent investments in service lines and improvements to the distribution system have kept the system in good shape.
Total revenues
$29,708,110
2022
Total expenses
$29,197,113
2022
Total assets
$58,299,150
2022
Num. employees
25
2022

Program areas at Heartland Power Cooperative

Heartland Power Cooperative invested in new service lines, line and service improvements, and ordinary replacement of existing line to keep up the condition of our distribution system. A summary of these improvements is listed below:24.5 miles of overhead line was rebuilt9.25 miles of underground line was installed34 new services connected621 new poles were placed for new line, new services, and for ordinary replacement of damaged or decayed poles or for better line clearance4,744 poles were inspected for decay or damage, 39 poles tagged for replacement293 arrestors were added to lines to drain off lightning surges24 electronic trip savers were installed to improve reliability and reduce outages239 security lights were repaired

Personnel at Heartland Power Cooperative

NameTitleCompensation
Jon LeerarChief Executive Officer and General Manager$175,675
Dave LowDirector of Operations$114,453
Karrie PringnitzDirector of Finance and Administrative Services$117,461
Roger Solomonson, IAECIaec Director, District 2
Vince MorischeSecretary , District 7 / Director; Secretary$11,025
...and 8 more key personnel

Financials for Heartland Power Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$29,482,956
Investment income and dividends$46,764
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$86,925
Net gain from sale of non-inventory assets$55,331
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$10,137
Miscellaneous revenues$25,997
Total revenues$29,708,110

Form 990s for Heartland Power Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-03990View PDF
2020-122021-11-11990View PDF
2019-122021-06-08990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s

Organizations like Heartland Power Cooperative

OrganizationLocationRevenue
Southwest Transmission Electric Power CooperativeBenson, AZ$36,063,744
Western Cooperative Electric AssociationWakeeney, KS$44,441,643
Tombigbee Electric CooperativeHamilton, AL$17,768,087
Vermont Electric CooperativeJohnson, VT$91,765,977
Fem Electric AssociationIpswich, SD$17,398,603
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Consumers PowerPhilomath, OR$47,215,867
Inland Power and LightSpokane, WA$94,666,539
Carteret-Craven Electric CooperativeNewport, NC$70,087,411
North West Rural Electric CooperativeOrange City, IA$55,266,461
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 22, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
216 Jackson St
Thompson, IA 50478
Website URL
heartlandpower.com/ 
Phone
(641) 584-2251
IRS details
EIN
42-1468305
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
Free account sign-up

Want updates when Heartland Power Cooperative has new information, or want to find more organizations like Heartland Power Cooperative?

Create free Cause IQ account