Mission
TO SAFELY PROVIDE RELIABLE, AFFORDABLE, AND RESPONSIBLE ELECTRIC SERVICE WHILE ENHANCING THE COMMUNITIES WE SERVE.
MIDLAND POWER COOPERATIVE is a nonprofit organization categorized as Public Charity based in BOONE, IA. Its most recent IRS filing (2024) reports revenue of $60.1M, expenses of $54.4M, total assets of $169.3M.
TO SAFELY PROVIDE RELIABLE, AFFORDABLE, AND RESPONSIBLE ELECTRIC SERVICE WHILE ENHANCING THE COMMUNITIES WE SERVE.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $60.1M | $54.4M | $169.3M |
| 2023 | $57.4M | $54.2M | $162.7M |
| 2022 | $57.8M | $54.3M | $157.7M |
| 2021 | $53.5M | $51.2M | $144.9M |
| 2020 | $52.3M | $49.3M | $136.1M |
Between 2020 and 2024, reported annual revenue grew from $52.3M to $60.1M (+15%), with total assets most recently reported at $169.3M.
Interactive year-over-year charts and full filing details available with membership.