Nishnabotna Valley Rural Electric
NISHNABOTNA VALLEY REC WILL PROVIDE SAFE AND RELIABLE ELECTRIC SERVICES TO OUR MEMBERS IN A VALUABLE, SUSTAINABLE, AND ENVIRONMENTALLY RESPONSIBLE MANNER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$54.7M
+3.5% YoY
Revenue
$21.5M
+6.9% YoY
Net Investment Income
$41K
-5.3% YoY
Expenses
$20.4M
+8.0% YoY
About Nishnabotna Valley Rural Electric
Based on IRS filings
Nishnabotna Valley Rural Electric is a nonprofit organization, based in HARLAN, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54.7M in total assets. Net investment income was $41K.
Ready to take the next step with Nishnabotna Valley Rural Electric?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $54,674,454 | $52,850,954 | $49,225,377 |
| Revenue | $21,471,271 | $20,092,919 | $18,916,306 |
| Expenses | $20,392,982 | $18,882,512 | $18,045,521 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $40,970 | $43,284 | $44,303 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
3 open opportunities from Nishnabotna Valley Rural Electric
NVREC Scholarships
NISHNABOTNA VALLEY RURAL ELECTRIC
Amount
Up to $7,000 total (individual awards of $1,000)
Deadline
February 2, 2027
Shine the Light on Local Volunteers
NISHNABOTNA VALLEY RURAL ELECTRIC
Amount
$3,000 per winner (3 winners)
Deadline
June 30, 2026
USDA Revolving Loan Fund
NISHNABOTNA VALLEY RURAL ELECTRIC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONNA OLSON | PRESIDENT | 8.81 | $8,625 |
| GENE KENKEL | VICE-PRESIDENT | 2.83 | $5,050 |
| BRYAN GREVE | SECRETARY-TREASURER | 2.12 | $4,400 |
| GALEN GRABILL | DIRECTOR | 1.96 | $3,425 |
| DARRELL STAMP | DIRECTOR | 2.48 | $4,125 |
| THOMAS PATTEE | DIRECTOR | 3.05 | $4,200 |
| DAVID APPLEGATE | DIRECTOR | 2 | $4,625 |
| WILLIAM MCKIM | CEO | 18.08 | — |
| KARA MEINERS | MANAGER OF ADMINISTRATIVE SERVICES | 43.76 | $84,381 |
| DAVID MONSON | MATERIALS COORDINATOR/FOREMAN | 45.98 | $127,759 |
| AARON NIPPERT | FOREMAN | 42.77 | $113,774 |
| KERT BARNUM | DIRECTOR OF OPERATIONS | 49.13 | $128,089 |
| JACOB COOK | JOURNEYMAN | 45.11 | $114,519 |
| DILLON CLARK | JOURNEYMAN | 45.11 | $113,586 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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