Mission
Provide lending, savings, and other financial services to qualifying members with a service-based emphasis that recognizes the members' statuses as owners.
Public Charity
Power Co-op Employees Credit Union
Based in Humboldt, IA, Power Co-op Employees Credit Union operates as a Public Charity. The organization reported $4.2M in revenue, $3.4M in expenses, $80.9M in total assets for fiscal year 2025.
EIN: 420803649
Humboldt, IA
Latest filing: 2025
Total Revenue$4.2M
Total Expenses$3.4M
Total Assets$80.9M
Grant Records0
Filing Years2021–2025
Where $100 goes at Power Co-op Employees Credit Union
How Power Co-op Employees Credit Union 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
Creating sources of credit at fair and reasonable rates of interest, encouraging habits of thrift among the members, and providing opportunities for members to use and control their…
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
Current Manager
Andrea Harms
President
Dorothy Goodell
Audit Chair
Hannah Himrod
Audit Committee
John Betts
Credit Committe
Kallie Davis
Secretary
Lori Demuth
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.2M | $3.4M | $80.9M |
| 2024 | $3.5M | $2.7M | $70.3M |
| 2023 | $2.3M | $1.9M | $63.8M |
| 2022 | $1.8M | $1.3M | $56.7M |
| 2021 | $1.6M | $1.1M | $53.8M |
Between 2021 and 2025, reported annual revenue grew from $1.6M to $4.2M (+166%), with total assets most recently reported at $80.9M.
Interactive year-over-year charts and full filing details available with membership.