NORTHWEST IOWA POWER COOPERATIVE
31002 COUNTY ROAD C38 PO BOX 240, LE MARS, IA 510310240 www.nipco.coop

Total Revenue
$103,773,468
Total Expenses
$103,371,925
Net Assets
$75,941,890

Organizations Filed Purposes: WHOLESALE ELECTRICITY SALES TO ITS MEMBER COOPERATIVES.

NIPCO IS A WHOLESALE POWER SUPPLIER TO SIX RURAL ELECTRIC DISTRIBUTION COOPERATIVES AND ONE MUNICIPAL COOPERATIVE COMPRISED OF SIX CITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Matthew WashburnEXEC. VP AND GENERAL MANAGER45$213,432
Steven Ver MulmVP OF ENGINEERING SERVICES41$160,207
Jayme HuberENGINEER III43$132,154
Steve SpielerCIO44$123,105
Jane ScheitlerCFO42$113,244
Steve HarringaTRANSMISSION SUPERINTENDENT45$110,331
Michael J PersingerAPPARATUS SERVICES MANAGER43$109,749
Mark NelsonPOWER DISPATCHING MANAGER41$109,375
Louis ReedPRESIDENT10$13,740
Trent WillDIRECTOR7$11,170
Ronald SteinhoffVICE PRESIDENT FROM 04/20198$11,010
William G FarmerSECRETARY7$7,980
A James SharpDIRECTOR6$6,300
Thomas WagnerTREASURER6$5,690
Byran GreveDIRECTOR6$4,700
Donald ApplegateVICE PRESIDENT UNTIL 04/20198$3,750

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002139349300905_public.xml