Public Charity

McDonough Power Cooperative Inc

McDonough Power Cooperative Inc is a Public Charity headquartered in Macomb, IL. Financial data from the 2025 filing: $14.5M revenue, $14.5M expenses, $40.7M total assets.

EIN: 370408325 Macomb, IL Public Utilities NTEE: W80 Latest filing: 2025
Total Revenue$14.5M
Total Expenses$14.5M
Total Assets$40.7M
Grant Records0
Filing Years2021–2025

Mission

McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves.

Where $100 goes at McDonough Power Cooperative Inc

How McDonough Power Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
McDonough Power Cooperative supplies electric power to members in portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler and Warren counties in West-Central Illinois
All program spending · Reported in the filing: 5,000 households
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bryson Bedwell
Director Courtney Chandler
Director David Lueck
Line Superintendent Doug Bear
Journeyman Lineman Gabe Williams
Journeyman Lineman Hunter Maxwell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $14.5M $14.5M $40.7M
2024 $12.9M $12.9M $38.5M
2023 $12.8M $12.8M $36.3M
2022 $12.2M $12.2M $34.3M
2021 $12.2M $12.2M $32.3M

Between 2021 and 2025, reported annual revenue grew from $12.2M to $14.5M (+18%), with total assets most recently reported at $40.7M.

Interactive year-over-year charts and full filing details available with membership.

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