Heartland Power Cooperative

Unknown organization based in Thompson, IA. 27 employees. Exempt under §501(c)(12).

MissionOUR VISION IS TO BE THE PROVIDER OF CHOICE FOR ENERGY AND SERVICES BY ALL CONSUMERS. OUR PRIMARY PURPOSE IS TO PROVIDE ELECTRICAL ENERGY AND OTHER SERVICES THAT ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE ECONOMIC AND SOCIAL WELL-BEING OF THE REGION AT THE LOWEST POSSIBLE

Financial snapshot · TY 2024

$33.7M
Total revenue
$33.3M
Total expenses
$69.7M
Net assets

Financial health · TY 2024

31
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
77
13.8 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
4
Mix of program fees, grants & contributions

Leadership compensation

Pete Paulson
LINE FOREMAN
$257,752
Karrie Pringnitz
DIRECTOR OF FINANCE
$219,513
Dave Low
DIRECTOR OF OPERATIONS
$214,041
Gabe Mayer
LINE FOREMAN
$200,323
$131,045

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