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Southwest IOWA REC

501(c)Fed auditsIRS 990
Other · CORNING, IA · EIN 20-0538386

About

To distribute electric energy to our member-consumers of rural residential, small commercial, large power and public authority users in a manner consistent with sound business practices.

Donations are NOT tax-deductible
Category
Other
Employees
33
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$14.2M
Expenses
$13.1M
Assets
$49.6M
Liabilities
$29.3M

Financial history

$14.2M$7.1M$0
222324
RevenueExpenses
Latest FY2024: $14.2M · Avg: $13.5M
SOUTHWEST IOWA REC
Your actions

Address

2248 Avenue of Industries
Corning, IA, 50841-852

Governance

Voting board members10
Independent members10
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.