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NORTHWEST IOWA POWER COOPERATIVE
NORTHWEST IOWA POWER COOPERATIVE
IA · EIN 420723014
28
Executives Disclosed
$114.6M
Annual Revenue
$279.0M
Total Assets
2.2:1
Internal Pay Ratio
NORTHWEST IOWA POWER COOPERATIVE has 28 executives with disclosed compensation. The highest-paid executive, Matthew Washburn (EXEC. VP & GENERAL MANAGER), received peak total compensation of $423,748.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Matthew Washburn | EXEC. VP & GENERAL MANAGER | $424K | $427K | 2016–2024 | 5.6x |
| Steven Ver Mulm | VP OF ENGINEERING SERVICES THRU APRIL | $277K | $172K | 2016–2020 | 3.7x |
| Jayme Huber | VP OF ENGINEERING SERVICES | $235K | $237K | 2016–2024 | 3.1x |
| Larry Bowers | VP OF INFORMATION SERVICES | $213K | $208K | 2016–2017 | 2.8x |
| Steve Spieler | CIO | $212K | $214K | 2018–2024 | 2.8x |
| Jane Scheitler | CFO | $209K | $212K | 2016–2024 | 2.8x |
| Bruce Shostak | CIVIL ENGINEER | $199K | $202K | 2016–2018 | 2.7x |
| Michael J Persinger | APPARATUS SERVICES MANAGER | $199K | $201K | 2018–2024 | 2.7x |
| Thomas Berkenpas | TRANSMISSION SUPERINTENDEN | $195K | $197K | 2023–2024 | 2.6x |
| Steve Harringa | TRANSMISSION SUPERINTENDENT | $194K | $196K | 2016–2022 | 2.6x |
| Jayme Huber-Engineer Iii Thru April | VP OF ENGINEERING SRVCS BEG MAY | $188K | $190K | 2020–2020 | 2.5x |
| Mark Nelson | POWER DISPATCHING MANAGER | $185K | $187K | 2019–2024 | 2.5x |
| Grant Oliver | CREW FOREMAN | $170K | $172K | 2024–2024 | 2.3x |
| Christopher Larson | ENGINEER III | $155K | $157K | 2023–2023 | 2.1x |
| Marc Scheitler | SENIOR TELECOMMUNICATIONS TECHNICIAN | $143K | $0 | 2017–2017 | 1.9x |
| Louis Reed | PRESIDENT | $22K | $0 | 2016–2024 | 0.3x |
| Ronald Steinhoff | VICE PRESIDENT | $16K | $0 | 2016–2024 | 0.2x |
| James Else | DIRECTOR | $14K | $0 | 2022–2024 | 0.2x |
| Bryan Greve | DIRECTOR | $13K | $0 | 2020–2024 | 0.2x |
| Trent Will | SECRETARY | $12K | $0 | 2016–2024 | 0.2x |
| Thomas Wagner | TREASURER | $11K | $0 | 2017–2024 | 0.2x |
| William G Farmer | SECRETARY (END 04/2022) | $11K | $0 | 2016–2022 | 0.1x |
| Brenda Lundergard | DIRECTOR | $11K | $0 | 2023–2024 | 0.1x |
| Donald Applegate | VICE PRESIDENT UNTIL 04/2019 | $10K | $0 | 2016–2019 | 0.1x |
| A James Sharp | DIRECTOR (END 03/2023) | $10K | $0 | 2016–2023 | 0.1x |
| Tom Wagner | TREASURER | $10K | $0 | 2016–2016 | 0.1x |
| Trent Will Director | /SECRETARY (BEG 04/2022) | $8K | $0 | 2022–2022 | 0.1x |
| Byran Greve | DIRECTOR | $5K | $0 | 2019–2019 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 14 | $203K | $240K | $1.0M |
| 2017 | 14 | $215K | $260K | $1.1M |
| 2018 | 15 | $192K | $283K | $1.5M |
| 2019 | 16 | $196K | $297K | $1.4M |
| 2020 | 14 | $203K | $360K | $1.4M |
| 2021 | 14 | $211K | $387K | $1.5M |
| 2022 | 15 | $222K | $397K | $1.6M |
| 2023 | 16 | $216K | $400K | $1.7M |
| 2024 | 15 | $231K | $427K | $1.8M |
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