Nonprofit · EIN 42-0503322
ACCESS ENERGY COOPERATIVE
Tax-exempt · MT PLEASANT, IA 52641
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $43,906,149 | $41,510,120 | $2,396,029 | $114,217,608 | $51,420,250 | $62,797,358 |
| December 31, 2024 | 990 | $41,357,604 | $39,621,256 | $1,736,348 | $111,211,310 | $50,744,641 | $60,466,669 |
| December 31, 2023 | 990 | $39,618,237 | $37,555,154 | $2,063,083 | $108,807,143 | $49,967,467 | $58,839,676 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $43,436,279
- Investment income
- $485,905
- Net gain from sales of assets
- $55,902
- Other revenue
- -$16,035
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,236,138
- Compensation of officers, directors and key employees
- $796,987
- Other salaries and wages
- $760,311
- Salaries, compensation and benefits (total)
- $1,557,298
- Professional fundraising fees
- $0
- Depreciation
- $2,531,893
- Program services (functional)
- $41,510,120
Balance sheet and other
- Total assets, start of year
- $111,211,310
- Total assets, end of year
- $114,217,608
- Total liabilities, end of year
- $51,420,250
- Net assets, end of year
- $62,797,358
- Land, buildings and equipment
- $73,869,734
- Gross receipts
- $43,931,199
- Employees
- 46
- Volunteers
- 0
- Year formed
- 1938
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN WHEELER | CEO Officer | 43.4 | $245,670 | $148,447 |
| TAMMY SNAVELY | CFO Officer | 46 | $165,472 | $148,951 |
| DANIEL PHILLIPS | DIRECTOR OF OPERATIONS Highest-paid employee | 42.9 | $134,765 | $109,877 |
| TYLER THEIN | DIRECTOR OF ENGINEERING Highest-paid employee | 40.3 | $153,086 | $49,699 |
| ANTHONY BROWN | DISTRICT FOREMAN Highest-paid employee | 41.8 | $122,083 | $73,885 |
| RICHARD CLARK | JOURNEYMAN LINEMAN Highest-paid employee | 44.4 | $124,405 | $40,130 |
| BEN SMITH | JOURNEYMAN LINEMAN Highest-paid employee | 45.4 | $126,587 | $35,603 |
| MARVIN LARSON | PRESIDENT Trustee or director, Officer | 6.9 | $12,680 | $16 |
| WILLIAM BENJAMIN | TREASURER Trustee or director, Officer | 4.8 | $11,680 | $16 |
| MIKE HOLTKAMP | SECRETARY Trustee or director, Officer | 6.9 | $11,430 | $16 |
| LARRY WHITE | DIRECTOR Trustee or director | 6.7 | $11,180 | $7 |
| MARVIN NEWTON | DIRECTOR Trustee or director | 8.9 | $9,930 | $11 |
| DAVE HOLLINGSWORTH | VICE PRESIDENT Trustee or director, Officer | 7.7 | $9,430 | $16 |
| JERRY BARKER | DIRECTOR Trustee or director | 4.3 | $6,165 | $11 |
| FRED HICKENBOTTOM | DIRECTOR (THRU 08/25) Trustee or director | 4.8 | $5,105 | $7 |
3 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VIRGIL SYMMONDS | DIRECTOR (START 08/25) Trustee or director | 5.8 | $4,825 | $5 |
| ROBERT BREAZEALE | DIRECTOR (START 08/25) Trustee or director | 5.5 | $4,075 | $5 |
| ROBERT SMITH | TREASURER (TRHU 08/25) Trustee or director, Officer | 1.2 | $1,825 | $11 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN WHEELER | CEO Officer | 43.2 | $221,324 | $124,034 |
| TAMMY SNAVELY | CFO Officer | 44.6 | $156,524 | $126,326 |
| DANIEL PHILLIPS | DIRECTOR OF OPERATIONS Highest-paid employee | 45.7 | $129,003 | $100,648 |
| ANTHONY BROWN | DISTRICT FOREMAN Highest-paid employee | 43.9 | $126,619 | $66,882 |
| TYLER THEIN | DIRECTOR OF ENGINEERING Highest-paid employee | 40.8 | $145,224 | $44,956 |
| RICHARD CLARK | LINEMAN Highest-paid employee | 0 | $125,760 | $36,654 |
| KORBIN JOHNSON | SERVICEMAN Highest-paid employee | 0 | $121,942 | $37,920 |
| MARVIN LARSON | PRESIDENT Trustee or director, Officer | 6.9 | $12,180 | $16 |
| LARRY WHITE | DIRECTOR Trustee or director | 6.7 | $12,180 | $7 |
| MIKE HOLTKAMP | SECRETARY Trustee or director, Officer | 6.2 | $10,930 | $16 |
| JERRY BARKER | DIRECTOR Trustee or director | 6.4 | $10,680 | $11 |
| MARVIN NEWTON | DIRECTOR Trustee or director | 9.9 | $10,430 | $11 |
| FRED HICKENBOTTOM | DIRECTOR Trustee or director | 4.4 | $9,680 | $11 |
| DAVE HOLLINGSWORTH | VICE PRESIDENT Trustee or director, Officer | 6.7 | $7,430 | $16 |
| ROBERT CHESTNUT III | DIRECTOR Trustee or director | 7.9 | $6,855 | $11 |
| ROBERT SMITH | TREASURER Trustee or director, Officer | 1.3 | $3,930 | $16 |
| WILLIAM BENJAMIN | DIRECTOR Trustee or director | 3.6 | $3,825 | $5 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN WHEELER | CEO Officer | 44.2 | $213,279 | $97,098 |
| TAMMY SNAVELY | CFO Officer | 46.3 | $150,284 | $115,667 |
| DANIEL PHILLIPS | DIRECTOR OF OPERATIONS Highest-paid employee | 44 | $124,053 | $106,359 |
| TYLER THEIN | DIRECTOR OF ENGINEERING Highest-paid employee | 43.2 | $140,107 | $43,466 |
| ANTHONY BROWN | DISTRICT FOREMAN Highest-paid employee | 42.8 | $117,890 | $62,239 |
| WILLIAM SIMON | SERVICEMAN Highest-paid employee | 44.3 | $117,109 | $58,055 |
| LEVON MULLEN | SERVICEMAN Highest-paid employee | 45.7 | $117,256 | $38,387 |
| LARRY WHITE | DIRECTOR Trustee or director | 7.4 | $13,385 | $7 |
| MARVIN NEWTON | DIRECTOR Trustee or director | 10.8 | $13,135 | $11 |
| JERRY BARKER | DIRECTOR Trustee or director | 7.9 | $11,135 | $11 |
| MARVIN LARSON | PRESIDENT Trustee or director, Officer | 5.9 | $10,620 | $16 |
| MIKE HOLTKAMP | SECRETARY Trustee or director, Officer | 5.4 | $10,385 | $16 |
| FRED HICKENBOTTOM | DIRECTOR Trustee or director | 5 | $9,635 | $11 |
| ROBERT CHESTNUT III | VICE PRESIDENT Trustee or director, Officer | 6 | $9,385 | $16 |
| DAVE HOLLINGSWORTH | DIRECTOR Trustee or director | 8.2 | $9,135 | $16 |
| ROBERT SMITH | TREASURER Trustee or director, Officer | 1 | $4,385 | $16 |
Address and contacts
- Address (IRS master file)
- 1800 W WASHINGTON ST, MT PLEASANT, IA 52641-3009
- Principal officer (990 for 2025)
- KEVIN WHEELER, PO BOX 440, MT PLEASANT, IA 52641
- Signed the 990
- KEVIN WHEELER, CEO
- Phone
- (319) 385-1577
- Website
- ACCESSENERGYCOOP.COM
- Return prepared by
- LWG CPAS & ADVISORS LLC
Mission
ACCESS ENERGY COOPERATIVE IS DEDICATED TO EXCEEDING MEMBERS' EXPECTATIONS FOR SAFE, RELIABLE, EFFICIENT SERVICE WHILE BEING A GOOD CITIZEN IN OUR COMMUNITIES.
Program accomplishments
- DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.Expenses $41,510,120 · revenue $40,380,248
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0503322
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1939
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $114,217,608
- Income (IRS master file)
- $43,931,199
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $43,906,149 | $41,510,120 | $114,217,608 | XML |
| 990 | December 2024 | $41,357,604 | $39,621,256 | $111,211,310 | IRS |
| 990 | December 2023 | $39,618,237 | $37,555,154 | $108,807,143 | XML |
| 990 | December 2022 | $37,852,074 | $37,087,505 | $104,520,997 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0503322).
Questions about ACCESS ENERGY COOPERATIVE
- What is the EIN of ACCESS ENERGY COOPERATIVE?
- The employer identification number (EIN) of ACCESS ENERGY COOPERATIVE is 42-0503322.
- Is ACCESS ENERGY COOPERATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
- Are donations to ACCESS ENERGY COOPERATIVE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ACCESS ENERGY COOPERATIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACCESS ENERGY COOPERATIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACCESS ENERGY COOPERATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACCESS ENERGY COOPERATIVE?
- The 990 for the year ended December 31, 2025 names KEVIN WHEELER.
- Who are the officers and directors of ACCESS ENERGY COOPERATIVE?
- The 990 for the year ended December 31, 2025 lists 18 people; 18 received compensation from the organization, the highest $245,670 (KEVIN WHEELER, CEO).
- How much revenue does ACCESS ENERGY COOPERATIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $43,906,149, expenses of $41,510,120 and total assets of $114,217,608 at year end.
Other nonprofits in MT PLEASANT
- HENRY COUNTY HEALTH CENTER INC EIN 86-2701018 · last filed 990 for 2025
- MIDWEST OLD SETTLERS AND THRESHERS ASSN INC EIN 42-0777257 · last filed 990 for 2025
- 5 STAR COMMUNITY CREDIT UNION EIN 42-6063218 · last filed 990 for 2025
- FELLOWSHIP CUP CORPORATION EIN 42-1298639 · last filed 990 for 2025
- MT PLEASANT CHAMBER OF COMMERCE EIN 42-0625792 · last filed 990 for 2024
- SOUTHEAST IOWA SYMPHONY ASSN EIN 42-6077749 · last filed 990 for 2026
- THE REC CENTER LTD EIN 42-1373886 · last filed 990 for 2025
- MT PLEASANT CHRISTIAN SCHOOL INC EIN 42-1406528 · last filed 990 for 2026