Source of information about of non-profits and private foundations.

North West Rural Electric Cooperative (EIN: 42-1404169 )

Table of Contents

Overview

North West Rural Electric Cooperative is was formed in 1938 in Orange city, IA. Organization is led by Lyle D Korver, and had governing board consisting of 13 members. In 2015 this non-profit organization had 46 employees.

Primary Exempt Statement

The mission of north west rec is to provide our members with a safe, reliable, environmentally responsible and affordable source of electric power and to provide other services that enhance their quality of life.
North West Rural Electric Cooperative is not IRS Exempt Organizations Select Check Database.
Organization has likely closed in 2015 or 2016.

Finances and Program Service Revenues

It had revenue of $49,286,193.00 and expenses $48,006,513.00 between January 2015 and December 2015 North West Rural Electric Cooperative started 2015 with $82,231,413.00 in assets, and finished it with $86,551,926.00

Revenue have exceeded expenses for all of the reporting periods. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
January 2010 - December 2010 $38,424,778.00 $36,227,064.00 $2,197,714.00 $70,508,867.00 $72,250,515.00 $1,741,648.00
January 2011 - December 2011 $41,216,326.00 $40,618,818.00 $597,508.00 $72,250,515.00 $73,535,674.00 $1,285,159.00
January 2012 - December 2012 $44,883,467.00 $44,018,411.00 $865,056.00 $73,535,674.00 $76,600,726.00 $3,065,052.00
January 2013 - December 2013 $48,515,978.00 $47,668,923.00 $847,055.00 $76,600,726.00 $79,588,927.00 $2,988,201.00
January 2014 - December 2014 $49,824,431.00 $48,847,422.00 $977,009.00 $79,588,927.00 $82,231,413.00 $2,642,486.00
January 2015 - December 2015 $49,286,193.00 $48,006,513.00 $1,279,680.00 $82,231,413.00 $86,551,926.00 $4,320,513.00

Governance

North West Rural Electric Cooperative has large board consisting of 13 members. The board members are Jeff Rehder as president, Delbert Beyer as vice-president, Douglas Becker as asst. secretary/treasurer, Tom Wagner as treasurer, Shirley Benson as secretary, Steve Brown as director, Steve Abma as director, Raymond Drey as director, Virdene Otto as director, Nicholas Stallmann as director (until mar), Gaylen Tapper as director, Chad Dau as director (began april) and Lyle D Korver as ceo.
Tax Returns

More information on individual tax returns for 2010, 2011, 2012, 2013, 2014, 2015 year.

Web Presence

North West Rural Electric Cooperative maintains web site at http://www.nwrec.com , established in 1999-05-28

Address

North West Rural Electric Cooperative was located on 1 different addresses. North West Rural Electric Cooperative
PO BOX 435
ORANGE CITY, IA 51041

Business Officer

Year: 2010
Lyle D Korver Ceo
Ceo
(712) 707-xxxx

Years: 2011, 2012, 2013, 2014 and 2015
Lyle D Korver
Ceo
(712) 707-xxxx

Board of Directors

Governing board for each of tax years 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: