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WESTERN IOWA POWER COOPERATIVE

IA · EIN 391884367

36
Executives Disclosed
$14.9M
Annual Revenue
$60.3M
Total Assets
1.2:1
Internal Pay Ratio

WESTERN IOWA POWER COOPERATIVE has 36 executives with disclosed compensation. The highest-paid executive, Jeffery T Bean (EXECUTIVE VP/GENERAL MANAG), received peak total compensation of $209,337.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Jeffery T Bean EXECUTIVE VP/GENERAL MANAG $209K $209K 2017–2020 2.8x
Jeffrey Bean EXECUTIVE VP/GM (UNTIL NOV) $198K $198K 2021–2021 2.6x
Marcus Rihner - Evp And GENERAL MANAGER UNTIL 12/2024 $188K $189K 2024–2024 2.5x
Stephanie Wiese - Asst Mgr DIR MBR SERV/INTERIM GM FROM 12/2024 $183K $185K 2024–2024 2.4x
Stephanie Wiese ASST MANAGER/DIR OF MEMBER SERVICES $180K $173K 2019–2023 2.4x
Marcus Rihner EVP AND GENERAL MANAGER $175K $176K 2019–2023 2.3x
John Akers OPERATIONS MANAGER $170K $172K 2019–2024 2.3x
Justin Parks CFO $158K $159K 2022–2024 2.1x
Mark Trotter FOREMAN/STAKING TECHNICIAN $145K $0 2024–2024 1.9x
Christopher Merritt FOREMAN $142K $0 2024–2024 1.9x
Janet A Iversen ASSISTANT MANAGER $142K $0 2017–2017 1.9x
Cameron Youll FOREMAN $133K $0 2024–2024 1.8x
Mike Blum ASST SECRETARY/TREASURER $10K $0 2017–2024 0.1x
Janet Iversen CHAIRMAN $9K $0 2019–2024 0.1x
Mike Friis DIRECTOR END 08/2023 $8K $0 2020–2023 0.1x
Leroy Hight TREASURER END 08/2023 $8K $0 2017–2023 0.1x
Louis Reed DIRECTOR $7K $0 2017–2024 0.1x
Peter Alexander SECRETARY $7K $0 2017–2024 0.1x
David Carlson DIRECTOR UNTIL 08/2024 $6K $0 2021–2024 0.1x
Craig Riesburg TREASURER $6K $0 2021–2024 0.1x
Kenneth Smith DIRECTOR $6K $0 2023–2024 0.1x
Ross Wood Director End 082023 VICE CHAIR BEG 09/2023 $5K $0 2023–2023 0.1x
Todd Brus VICE CHAIRMAN END 08/2023 $5K $0 2017–2023 0.1x
Dennis Backhaus VICE PRESIDENT $4K $0 2017–2018 0.1x
Craig Riesburg Director END 08/2023 TREASURER BEG 09/2023 $4K $0 2023–2023 0.1x
Gale Miller DIRECTOR (UNTIL AUG) $4K $0 2018–2021 0.1x
Gary Volkert DIRECTOR $4K $0 2023–2024 0x
Gene Smith ASSISTANT SECRETARY - TREA $3K $0 2017–2019 0x
Patricia McCall DIRECTOR $3K $0 2017–2017 0x
Bart Heisterkamp DIRECTOR FROM 09/2024 $3K $0 2019–2024 0x
Ryan Boettger DIRECTOR (UNTIL AUG) $3K $0 2018–2021 0x
Ross Wood VICE CHAIR $3K $0 2021–2024 0x
Brian Lundell DIRECTOR $3K $0 2023–2024 0x
Craig Brodersen DIRECTOR $3K $0 2017–2017 0x
Harry Beauchamp DIRECTOR $2K $0 2017–2017 0x
Peggy Archer DIRECTOR $600 $0 2018–2018 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2017 12 $195K $195K $195K
2018 11 $198K $198K $198K
2019 14 $203K $203K $203K
2020 14 $209K $209K $209K
2021 17 $176K $198K $527K
2022 14 $174K $181K $522K
2023 17 $166K $176K $662K
2024 18 $176K $189K $705K
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