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Grundy County Rural Electric Cooperative

501(c)Fed auditsIRS 990
Research & Policy · GRUNDY CENTER, IA · EIN 42-0287740

About

Providing dependable, affordable electric service to rural families, farms and industries in grundy, black HAWK, marshall, TAMA, butler and hardin counties.

Donations are NOT tax-deductible
Category
Research & Policy
Employees
15
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$10.3M
Expenses
$10.3M
Assets
$28.4M
Liabilities
$14.4M

Financial history

$11.1M$5.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $10.3M · Peak FY2022: $11.1M · Avg: $9.4M
GRUNDY COUNTY RURAL ELECTRIC COOPERATIVE
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Address

303 N Park AVE
Grundy Center, IA, 50638-859

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.