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Heartland Power Cooperative

501(c)
Other · THOMPSON, IA · EIN 42-1468305

About

Our 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 cost consistent with sound economic and management decisions.

Donations are NOT tax-deductible
Category
Other
Employees
27
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$33.7M
Expenses
$33.3M
Assets
$69.7M
Liabilities
$31.5M

Financial history

$33.7M$16.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $33.7M · Avg: $30.1M
HEARTLAND POWER COOPERATIVE
Your actions

Address

11464 HWY 9
Thompson, IA, 50478-000

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
Compensation committeeYes
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.
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