Nishnabotna Valley Rural Electric Cooperative
Nishnabotna valley rec will provide safe and reliable electric services to our members in a valuable, sustainable, and environmentally responsible manner.
Nishnabotna Valley Rural Electric Cooperative at a glance
In short: Nishnabotna Valley Rural Electric Cooperative reported $8K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $7,873 — reported as a total on the IRS filing, without an itemized list
- -32.0% vs 2023
- Total assets
- $54,674,454
- +3.5% vs 2023
- Revenue (2024)
- $21,471,271
- +6.9% vs 2023
- Net investment income (2024)
- $40,970
- -5.3% vs 2023
- Expenses (2024)
- $20,392,982
- +8.0% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to Nishnabotna Valley Rural Electric Cooperative
- Next open deadline
- February 2, 2027 (NVREC Scholarships)
Open Grants
2 open opportunities from Nishnabotna Valley Rural Electric Cooperative
NVREC Scholarships
Nishnabotna Valley Rural Electric Cooperative
Amount
Up to $7,000 total (individual awards of $1,000)
Deadline
Expected ~February
Based on past cycles
USDA Revolving Loan Fund
Nishnabotna Valley Rural Electric Cooperative
Amount
Varies
Deadline
Rolling (quarterly review)
Who Nishnabotna Valley Rural Electric Cooperative funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Nishnabotna Valley Rural Electric Cooperative gives
- Giving grew 52% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2021) to $13K (2022). In 2024 it reported $8K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nishnabotna Valley Foundation Harlan, IA | Scholarships for High School and College Students | $11,571 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $54,674,454 | $21,471,271 | $20,392,982 | $7,873 | Total only | $40,970 |
| 2023 | $52,850,954 | $20,092,919 | $18,882,512 | $11,571 | 1 | $43,284 |
| 2022 | $49,225,377 | $18,916,306 | $18,045,521 | $13,100 | 1 | $44,303 |
| 2021 | $46,708,124 | $17,798,413 | $16,900,439 | $1,343 | Total only | $31,938 |
| 2020 | $45,434,994 | $18,134,708 | $17,436,789 | $7,597 | 1 | $23,708 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Nishnabotna Valley Rural Electric Cooperative
Based on IRS filings
Nishnabotna Valley Rural Electric Cooperative is a public charity, based in Harlan, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54.7M in total assets. In 2024, it reported $8K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $41K.
Leadership & Key People
Officers and directors from IRS filings
Nishnabotna Valley Rural Electric Cooperative is led by William McKim, CEO on every filing since 2020; 13 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
William McKim
CEO
On filings since 2020
18.1 hrs/week
No compensation reported
Donna Olson
President
Director → Vice President & President, 2023
Vice President & President → President, 2024
On filings since 2020
8.8 hrs/week
$8K (2020) → $9K (2024)
Darrell Stamp
Director
President → Director, 2023
On filings since 2020
2.5 hrs/week
$7K (2020) → $4K (2024)
Galen Grabill
Director
On filings since 2020
2 hrs/week
$6K (2020) → $3K (2024)
Thomas Pattee
Director
On filings since 2020
3.1 hrs/week
$8K (2020) → $4K (2024)
David Applegate
Director
Director From → Director, 2022
On filings since 2021
2 hrs/week
$1K (2021) → $5K (2024)
Kert Barnum
Director of Operations
On filings since 2022
49.1 hrs/week
$120K (2022) → $128K (2024)
Aaron Nippert
Foreman
Lineman Foreman → Foreman, 2022
On filings since 2020
42.8 hrs/week
$103K (2020) → $114K (2024)
Bryan Greve
Secretary-Treasurer
On filings since 2020
2.1 hrs/week
$4K (2020) → $4K (2024)
David Monson
Materials Coordinator & Foreman
Materials Coordinator → Material Coordinator & Foreman, 2022
Material Coordinator & Foreman → Materials Coordinator & Foreman, 2024
On filings since 2020
46 hrs/week
$104K (2020) → $128K (2024)
Dillon Clark
Journeyman
Journeyman Lineman → Journeyman, 2024
On filings since 2020
45.1 hrs/week
$101K (2020) → $114K (2024)
Gene Kenkel
Vice President
Vice President → President & Vice President, 2023
President & Vice President → Vice President, 2024
On filings since 2020
2.8 hrs/week
$5K (2020) → $5K (2024)
Kara Meiners
Manager of Administrative Services
Accountant → Director of Administrative Services, 2022
Director of Administrative Services → Manager of Administrative Services, 2023
On filings since 2020
43.8 hrs/week
$61K (2020) → $84K (2024)
Jacob Cook
Journeyman
New on the 2024 filing
45.1 hrs/week
$115K (2024)
Former officers (4)
- Former: Jesse Lee (2020–2023) — Foreman
- Former: David Curren (2023) — Foreman
- Former: Grant Oliver (2022) — Foreman
- Former: Donald Applegate (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $128K, to Kert Barnum (Director of Operations). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Nishnabotna Valley Rural Electric Cooperative
How much does Nishnabotna Valley Rural Electric Cooperative give each year?
Nishnabotna Valley Rural Electric Cooperative reported $8K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $12K across 1 grant.
How large is Nishnabotna Valley Rural Electric Cooperative?
Nishnabotna Valley Rural Electric Cooperative reported $54.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $21.5M.
Where does Nishnabotna Valley Rural Electric Cooperative operate?
Nishnabotna Valley Rural Electric Cooperative has awarded grants in Iowa.
What is Nishnabotna Valley Rural Electric Cooperative's EIN?
Nishnabotna Valley Rural Electric Cooperative's EIN (Employer Identification Number) is 42-0519838. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 28, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 31, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Nishnabotna Valley Rural Electric Cooperative's focus areas in our free grants database
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Figures come from Nishnabotna Valley Rural Electric Cooperative's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Nishnabotna Valley Rural Electric Cooperative down — hundreds of funders to go?