Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
EIN 42-0394605 • 501(c)12 • Anamosa, IA
Profile
Sell and distribute electric energy to rural consumers and maintain distribution system.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
44th percentile
Higher top officer pay than 44% of similar nonprofits.
Top officer pay equals 0.8% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$169,738,874
Up $6,096,733 (+3.7%) from 2023
Liabilities
Up$121,245,918
Up $1,977,992 (+1.7%) from 2023
Net Assets
Up$48,492,956
Up $4,118,741 (+9.3%) from 2023
Revenue
Up$45,593,070
Up $1,590,163 (+3.6%) from 2023
Expenses
Up$41,879,853
Up $612,654 (+1.5%) from 2023
Net Income
Up$3,713,217
Up $977,509 (+36%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Sell and distribute electric energy to rural consumers and maintain distribution system.
Provide reliable, quality electric, internet and telephone services to members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $137,098,727 | $143,273,845 | ▲ $6,175,118 |
| Rtn Earn Endowment Incm Other Fnds | $44,374,215 | $48,492,956 | ▲ $4,118,741 |
| Investments Program Related | $10,134,695 | $10,981,777 | ▲ $847,082 |
| Accounts Receivable | $5,003,279 | $5,348,398 | ▲ $345,119 |
| Inventories for Sale or Use | $6,582,440 | $4,982,613 | ▼ $1,599,827 |
| Cash and Non-Interest-Bearing Accounts | $3,518,760 | $1,486,347 | ▼ $2,032,413 |
| Prepaid Expenses and Deferred Charges | $827,400 | $1,401,339 | ▲ $573,939 |
| Pledges and Grants Receivable | $0 | $1,118,879 | ▲ $1,118,879 |
| Savings and Temporary Cash Investments | $319,983 | $986,863 | ▲ $666,880 |
| Intangible Assets | $156,857 | $158,813 | ▲ $1,956 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $163,642,141 | $169,738,874 | ▲ $6,096,733 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $109,912,719 | $112,207,415 | ▲ $2,294,696 |
| Other Liabilities | $2,337,816 | $4,073,667 | ▲ $1,735,851 |
| Accounts Payable and Accrued Expenses | $4,355,714 | $4,051,115 | ▼ $304,599 |
| Unsecured Notes Loans Payable | $2,500,000 | $0 | ▼ $2,500,000 |
| Deferred Revenue | $161,677 | $913,721 | ▲ $752,044 |
| Total Liabilities | $119,267,926 | $121,245,918 | ▲ $1,977,992 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $44,374,215 | $48,492,956 | ▲ $4,118,741 |
| Total Liabilities and Net Assets / Fund Balance | $163,642,141 | $169,738,874 | ▲ $6,096,733 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $136,050,100 | $55,704,873 | $191,754,973 |
| Other Land Buildings | $4,973,490 | $100,503 | $5,073,993 |
| Buildings | $1,615,229 | $1,944,345 | $3,559,574 |
| Land | $635,026 | - | $635,026 |
| Investment Program Related Org | $887,063 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jeremy Richert | CEO/Executive Vice President | FT | $257,564 | $98,632 | $356,196 |
| Dan Schulte | Director of Operations | FT | $152,359 | $87,320 | $239,679 |
| Kelly Gibbs | Chief Financial Officer | FT | $169,580 | $57,726 | $227,306 |
| Brent Wegmann | Director of IT | FT | $162,054 | $55,856 | $217,910 |
| Dean Koopmann | Director of Tech Services | FT | $135,494 | $77,316 | $212,810 |
| Tony Sheridan | Lead Lineman - Foreman | FT | $136,121 | $40,874 | $176,995 |
| Tony Marbach | Lead Lineman - Foreman | FT | $130,041 | $43,093 | $173,134 |
| Billie Zumbach | Director/Secretary | PT | $12,150 | - | $12,150 |
| Judy Gotto | Treasurer | PT | $11,025 | - | $11,025 |
| Ron Thielen | President/Director | PT | $10,800 | - | $10,800 |
| Scott Minzenmeyer | Director/Assistant Secretary | PT | $10,575 | - | $10,575 |
| Thomas Stewart | Vice President/President | PT | $9,240 | - | $9,240 |
| Charles McCullough | Assistant Secretary (until Aug 2024) | - | $7,070 | - | $7,070 |
| Charlie Peters | Director/Secretary/Vice President | - | $6,075 | - | $6,075 |
| Todd Wiedenman | Director (beg Aug 2024) | PT | $4,725 | - | $4,725 |
| Brett Nagel | Director (beg Aug 2024) | - | $4,275 | - | $4,275 |
| Eugene Manternach | Secretary/Director | - | $3,650 | - | $3,650 |
| Larry Swanson | Director (until Aug 2024) | PT | $3,530 | - | $3,530 |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Corridor Network Construction Inc | Fiber network construction & maintenance | 3353 Southgate Ct SW, Cedar Rapids, IA 52404 | $2,695,394 |
| Burken Underground LLC | Underground boring | 8827 Esgate Rd, Maquoketa, IA 52060 | $131,851 |
| USIC Locating Services LLC | Underground Locates | PO Box 715409, Cincinnati, OH 45271 | $115,134 |
| Win LLC | Fiber access charges | 4955 Buillis Farm Rd, Eau Claire, WI 54701 | $101,354 |
| Line Item | Amount |
|---|---|
| Other Expenses | $39,159,757 |
| Salaries, Compensation, and Employee Benefits | $1,498,410 |
| Grants and Similar Amounts Paid | $21,686 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | - | - | $6,513,409 |
| Interest | - | - | - | $3,676,919 |
| All Other Expenses | - | - | - | $3,383,032 |
| Benefits to Members | - | - | - | $1,200,000 |
| Other Salaries and Wages | - | - | - | $774,051 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $653,270 |
| Information Technology | - | - | - | $312,603 |
| Advertising | - | - | - | $87,497 |
| Other Employee Benefits | - | - | - | $57,181 |
| Insurance | - | - | - | $51,278 |
| Conferences and Meetings | - | - | - | $34,214 |
| Grants to Domestic Orgs | - | - | - | $21,686 |
| Office Expenses | - | - | - | $15,304 |
| Pension Plan Contributions | - | - | - | $13,908 |
| Other Expenses | - | - | - | $200 |
| Total Functional Expenses | $0 | $0 | $0 | $41,879,853 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $41,879,853 |
| Expenses per Audited Statements | $40,675,256 |
| Total Expenses per Audited Statements | $40,675,256 |
| Expenses Not Reported on Financial Statements | $1,204,597 |
| Other Expense Adjustments | $1,204,597 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deferred credits | $3,550,169 |
| Accumulated Provision for Pension & Benefits | $523,498 |
“All members signing membership agreements are members of the Cooperative. Members may be Class E (electric only members), Class T (telecommunication only members) or both.”
“Each member-owner is entitled to one vote. Members vote on election of directors and removal of directors.”
“Members elect the 9-member Board of Directors. Terms are three years each and are filled on a rotating basis.”
“No committees are able to act on behalf of the Board.”
“Board will have at least one week to review and recommend changes to the 990. Board will communicate with CFO or CEO regarding such changes.”
“All members of the Board and all employees are covered by conflict of interest policies. For the Board, all directors vote on whether a conflict exists. If a conflict is determined to exist, the effected director is not allowed to discuss or vote on items deemed to be a conflict of interest. Directors must certify as part of annual 990 questionnaire that no conflicts of interest exist.”
“The Board reviews and approves the salary of the CEO using comparable compensation amounts from Form 990's of other organizations and a compensation study. This process is undertaken annually. The Board establishes and approves a salary range for all officer positions based on comparable compensation amounts from Form 990s of other organizations. The CEO is responsible for assigning the officer's salary based upon performance and experience.”
“Articles of Incorporation and Bylaws are available on the Cooperative's website. Financial statements are available upon request and summary statements are made available through the annual report that is distributed to members at the annual meeting.”
“Donated Capital 37,432. Patronage Capital Credits Allocated for Current Year 1,200,000. Retirement of Capital Credits -831,908.”
“The Cooperative evaluates its tax positions that have been taken or are expected to be taken on income tax returns to determine if an accrual is necessary for uncertain tax positions. As of December 31, 2024 and 2023, the unrecognized tax benefits accrual was zero. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”
“Expenses Recorded as Revenue -4,597.”
“Patronage Capital Credits Allocated for Current Year 1,200,000. Expenses Recorded as Revenue 4,597.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4355714 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4051115 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5003279 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5348398 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Provide reliable, quality electric, internet and telephone services to members. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 87497 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 3383032 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 1200000 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Kelly Gibbs |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3194623542 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 109 N Huber Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Anamosa |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52205 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3518760 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1486347 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 653270 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 34214 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 2695394 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 131851 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 115134 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 101354 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 3353 Southgate Ct SW |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 8827 Esgate Rd |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | PO Box 715409 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 4955 Buillis Farm Rd |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Cedar Rapids |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Maquoketa |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | Cincinnati |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | Eau Claire |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | IA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | OH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | WI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 52404 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 52060 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 45271 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 54701 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Corridor Network Construction Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Burken Underground LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | USIC Locating Services LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | WIN LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Fiber network construction & maintenance |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Underground boring |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Underground Locates |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | Fiber access charges |
| IRS990/CostOfGoodsSoldAmt | 0 | 10359 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 1200000 |
| IRS990/CYContributionsGrantsAmt | 0 | 100711 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 21686 |
| IRS990/CYInvestmentIncomeAmt | 0 | 87608 |
| IRS990/CYOtherExpensesAmt | 0 | 39159757 |
| IRS990/CYOtherRevenueAmt | 0 | 1970993 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 43433758 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3713217 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1498410 |
| IRS990/CYTotalExpensesAmt | 0 | 41879853 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 45593070 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 161677 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 913721 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 6513409 |
| IRS990/Desc | 0 | Maquoketa Valley Electric Cooperative provides electric energy services over 3,327 miles of distribution line to 18,119 metered services, covering more than 17,190 rural residential and commercial member-consumers in nine counties in Northeastern Iowa. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 85 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 6.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.80 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 6.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 45.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 44.80 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 96032 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 56001 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 85752 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 54245 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 76569 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 39770 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 41964 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Ron Thielen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Thomas Stewart |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Judy Gotto |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Eugene Manternach |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Charles McCullough |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Larry Swanson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Billie Zumbach |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Charlie Peters |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Scott Minzenmeyer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Todd Wiedenman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Brett Nagel |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Jeremy Richert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Kelly Gibbs |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Dan Schulte |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Brent Wegmann |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Dean Koopmann |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Tony Sheridan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Tony Marbach |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 10800 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 9240 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 11025 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 3650 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 7070 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 3530 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 12150 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 6075 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 10575 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 4725 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 4275 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 257564 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 169580 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 152359 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 162054 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 135494 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 136121 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 130041 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President/Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President/President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary/Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Assistant Secretary (until Aug 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director (until Aug 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director/Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director/Secretary/Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director/Assistant Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director (beg Aug 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director (beg Aug 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CEO/Executive Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Chief Financial Officer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director of Operations |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director of IT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director of Tech Services |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Lead Lineman - Foreman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Lead Lineman - Foreman |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1936 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -1724 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 100711 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 21686 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 1000 |
| IRS990/GrossReceiptsAmt | 0 | 45606153 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 20197 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 35 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 312603 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 51278 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 156857 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 158813 |
| IRS990/InterestGrp/TotalAmt | 0 | 3676919 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 6582440 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 4982613 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 89332 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 89332 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 10134695 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 10981777 |
| IRS990/IRPDocumentCnt | 0 | 67 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 57749721 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 137098727 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 143273845 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 201023566 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 2724 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersAndShrGrossIncomeAmt | 0 | 46576025 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | We will be the utility of choice by providing reliable, quality services in a safe, respectful, environmentally responsible, cost-effective manner that benefits our members' quality of life and promotes the success of their local communities. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 109912719 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 112207415 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 44374215 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 48492956 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -1724 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -1724 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7456 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 9838 |
| IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | 2382 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 349 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 15304 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 405524 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 57181 |
| IRS990/OtherExpensesGrp/Desc | 0 | Cost of Power |
| IRS990/OtherExpensesGrp/Desc | 1 | Dist Exp - Operating |
| IRS990/OtherExpensesGrp/Desc | 2 | Dist Exp - Maintenance |
| IRS990/OtherExpensesGrp/Desc | 3 | Federal income tax expe |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 19433976 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3131920 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2519405 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 200 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2337816 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4073667 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 523000 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Capital Credits |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1961155 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1961155 |
| IRS990/OtherRevenueTotalAmt | 0 | 1961155 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 774051 |
| IRS990/OtherSourcesGrossIncomeAmt | 0 | 316178 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 13908 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1118879 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 827400 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1401339 |
| IRS990/PrincipalOfficerNm | 0 | Jeremy Richert |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 221000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Sale of Power & Other Services |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 43433758 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 43433758 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Maquoketa Valley Electric Cooperative provides internet service to 7,515 members and VoIP phone service to 553 members throughout its service territory. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 1200000 |
| IRS990/PYContributionsGrantsAmt | 0 | 100711 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 16971 |
| IRS990/PYInvestmentIncomeAmt | 0 | 131730 |
| IRS990/PYOtherExpensesAmt | 0 | 38598518 |
| IRS990/PYOtherRevenueAmt | 0 | 1661748 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 42108718 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2735708 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1451710 |
| IRS990/PYTotalExpensesAmt | 0 | 41267199 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 44002907 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3713217 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 44374215 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 48492956 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 319983 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 986863 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1615229 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1944345 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3559574 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 136050100 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 55704873 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 191754973 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 1204597 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 40675256 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 9026471 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 1068243 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 887063 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Patronage Capital Credits |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Investment in CFC CTC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | Non-Federal Economic Development Loans |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
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