Prairie Energy Cooperative

Mutual benefit organization based in Clarion, IA. 32 employees. Exempt under §501(c)(12).

MissionTO PROVIDE LEADERSHIP, SOLUTIONS AND SERVICE TO ENRICH QUALITY OF LIFE IN OUR COMMUNITY.

EIN
42-1506645
State
IA
Sector
Mutual benefit
Budget band
$25M–$50M
Latest filing
TY 2024
Records
7 officers · 6 years

Financial snapshot · TY 2024

$34.5M
Total revenue
$32.7M
Total expenses
$80.5M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
85
15.4 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
30
Mix of program fees, grants & contributions

Leadership compensation

Ken Norem
DIR. OPERATIONS & ENGINEER
$245,025
Tim Marienau
CHIEF EXECUTIVE OFFICER
$213,939
Steve Jackson
OPERATIONS COORDINATOR
$175,622
$156,905
$137,819

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