Public Charity

Maquoketa Valley Rural Electric Cooperative

Based in Anamosa, IA, Maquoketa Valley Rural Electric Cooperative operates as a Public Charity. The organization reported $51.3M in revenue, $48.1M in expenses, $179.0M in total assets for fiscal year 2025.

EIN: 420394605 Anamosa, IA Latest filing: 2025
Total Revenue$51.3M
Total Expenses$48.1M
Total Assets$179.0M
Grant Records0
Filing Years2021–2025

Mission

We will be the utility of choice by providing reliable, quality services in a safe, respectful, environmentally responsible, cost-effective manner that benefits our members' quality of life and promotes the success of their local communities.

Officers & Directors

Lead Lineman - Foreman Anthony Sheridan
Secretary Billie Zumbach
Director of IT Brent Wegmann
Director Brett Nagel
Vice President Charlie Peters
Director of Tech Services Dean Koopmann

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $51.3M $48.1M $179.0M
2024 $45.6M $41.9M $169.7M
2023 $44.0M $41.3M $163.6M
2022 $41.7M $40.2M $152.5M
2021 $38.3M $36.8M $145.5M

Between 2021 and 2025, reported annual revenue grew from $38.3M to $51.3M (+34%), with total assets most recently reported at $179.0M.

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

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