Nonprofit · EIN 42-0557125
T I P RURAL ELECTRIC COOPERATIVE
Tax-exempt · BROOKLYN, IA 52211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $19,081,346 | $18,569,123 | $512,223 | $62,045,291 | $32,356,896 | $29,688,395 |
| December 31, 2024 | 990 | $18,120,768 | $17,549,619 | $571,149 | $61,257,140 | $32,359,719 | $28,897,421 |
| December 31, 2023 | 990 | $18,020,996 | $17,563,589 | $457,407 | $56,894,586 | $28,916,875 | $27,977,711 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $18,036,956
- Investment income
- $89,681
- Net gain from sales of assets
- -$24,888
- Other revenue
- $954,709
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $945,945
- Compensation of officers, directors and key employees
- $487,831
- Other salaries and wages
- $2,035,773
- Salaries, compensation and benefits (total)
- $3,543,857
- Professional fundraising fees
- $0
- Legal fees
- $10,179
- Accounting fees
- $21,945
- Depreciation
- $1,639,303
Balance sheet and other
- Total assets, start of year
- $61,257,140
- Total assets, end of year
- $62,045,291
- Total liabilities, end of year
- $32,356,896
- Net assets, end of year
- $29,688,395
- Land, buildings and equipment
- $50,012,865
- Gross receipts
- $19,106,234
- Employees
- 31
- 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 |
|---|---|---|---|---|
| SCOTT LONG | CEO/GENERAL MANAGER Officer | 50.73 | $173,144 | $58,144 |
| TERRY KLOPPENBURG | CFO Officer | 46.76 | $122,620 | $52,767 |
| COLE CALKINS | STAKING TECHNICIAN/MEMBER SERVICE Highest-paid employee | 44 | $119,180 | $51,827 |
| SEAN STUTZMAN | JOURNEYMAN LINEMAN Highest-paid employee | 44.94 | $111,465 | $46,086 |
| ADAM HAWKINS | LINE FOREMAN Highest-paid employee | 44.19 | $118,661 | $26,877 |
| KENDALL BUNN | JOURNEYMAN LINEMAN Highest-paid employee | 43.34 | $110,019 | $33,462 |
| TANNER MEEKS | JOURNEYMAN LINEMAN Highest-paid employee | 43.02 | $108,283 | $33,155 |
| JERRY HENNING | PRESIDENT Trustee or director, Officer | 8.35 | $16,896 | $36 |
| RONALD HOFFMAN | DIRECTOR Trustee or director | 8.98 | $14,443 | $28 |
| ARIANNE AXMEAR | SECRETARY/TREASURER Trustee or director, Officer | 5.08 | $12,871 | $36 |
| CRAIG STALLMAN | DIRECTOR Trustee or director | 7.27 | $11,686 | $36 |
| GENE VON AHSEN | DIRECTOR Trustee or director | 4.23 | $11,395 | $36 |
| LISA TICHY | ASST. SECRETARY Trustee or director, Officer | 6.56 | $11,363 | $36 |
| JAMES DE SMET | DIRECTOR Trustee or director | 3.92 | $11,008 | $31 |
| RANDY UPAH | VICE PRESIDENT Trustee or director, Officer | 4.48 | $10,266 | $36 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT LONG | CEO/GENERAL MANAGER Officer | 49.34 | $168,170 | $56,969 |
| TERRY KLOPPENBURG | CFO Officer | 48.26 | $116,716 | $50,733 |
| COLE CALKINS | STAKING TECHNICIAN/MEMBER SERVICE Highest-paid employee | 43.74 | $113,003 | $49,747 |
| SHANE MORSE | LINE FOREMAN Highest-paid employee | 42.85 | $111,196 | $48,953 |
| HUNTER CONNELLY | OPERATIONS MANAGER Highest-paid employee | 52.94 | $120,145 | $36,102 |
| TYLER HANSON | JOURNEYMAN LINEMAN Highest-paid employee | 44.71 | $107,650 | $46,585 |
| JOSEPH KRIEGEL | LINE FOREMAN Highest-paid employee | 43.11 | $106,274 | $42,175 |
| RANDY UPAH | ASST. SECRETARY Trustee or director, Officer | 5.5 | $16,261 | $34 |
| RONALD HOFFMAN | SECRETARY/TREASURER Trustee or director, Officer | 6.04 | $15,596 | $25 |
| GENE VON AHSEN | DIRECTOR Trustee or director | 5.69 | $15,396 | $34 |
| JERRY HENNING | PRESIDENT Trustee or director, Officer | 7.27 | $13,573 | $34 |
| LISA TICHY | DIRECTOR Trustee or director | 6.69 | $13,106 | $34 |
| ARIANNE AXMEAR | VICE PRESIDENT Trustee or director, Officer | 4.71 | $12,783 | $34 |
| JAMES DE SMET | DIRECTOR Trustee or director | 4.12 | $12,751 | $29 |
| CRAIG STALLMAN | DIRECTOR Trustee or director | 7.96 | $11,154 | $34 |
| DAVID LEE KING | DIRECTOR Trustee or director | 9.26 | $10,394 | $23 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEAN HULS | GENERAL MANAGER Officer | 45.88 | $161,713 | $41,178 |
| SCOTT LONG | CEO/GENERAL MANAGER Officer | 52.42 | $142,688 | $50,617 |
| TERRY KLOPPENBURG | CFO Officer | 45.66 | $109,724 | $48,090 |
| COLE CALKINS | STAKING TECHNICIAN/MEMBER SERVICE Highest-paid employee | 40 | $105,687 | $47,286 |
| NATHAN HOPWOOD | IT MANAGER Highest-paid employee | 42.35 | $106,037 | $46,046 |
| JOSEPH KRIEGEL | LINE FOREMAN Highest-paid employee | 40 | $105,442 | $41,674 |
| HUNTER CONNELLY | OPERATIONS MANAGER Highest-paid employee | 47.63 | $110,956 | $34,202 |
| DANIEL ROLLER | JOURNEYMAN LINEMAN Highest-paid employee | 40 | $102,594 | $40,677 |
| RONALD HOFFMAN | SECRETARY/TREASURER Trustee or director, Officer | 7.87 | $16,129 | $25 |
| GENE VON AHSEN | PRESIDENT Trustee or director, Officer | 6.35 | $15,654 | $34 |
| JERRY HENNING | ASSISTANT SECRETARY Trustee or director, Officer | 9.04 | $14,881 | $34 |
| LISA TICHY | DIRECTOR Trustee or director | 7.1 | $14,526 | $34 |
| DAVID LEE KING | DIRECTOR Trustee or director | 8.35 | $13,994 | $25 |
| JAMES DE SMET | DIRECTOR Trustee or director | 5 | $13,639 | $29 |
| ARIANNE AXMEAR | VICE PRESIDENT Trustee or director, Officer | 5.27 | $13,493 | $34 |
| RANDY UPAH | DIRECTOR Trustee or director | 5.29 | $11,686 | $34 |
| CRAIG STALLMAN | DIRECTOR Trustee or director | 6.98 | $10,621 | $34 |
Address and contacts
- Address (IRS master file)
- PO BOX 534, BROOKLYN, IA 52211-0534
- Principal officer (990 for 2025)
- SCOTT LONG, 320 INDUSTRIAL DRIVE PO BOX 534, BROOKLYN, IA 522110534
- Signed the 990
- SCOTT LONG, CEO/GENERAL MANAGER
- Phone
- (800) 934-7976
- Website
- WWW.TIPREC.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE SAFE, RELIABLE ELECTRICITY AT A COMPETITIVE COST AND PURSUE EXCELLENCE IN TECHNOLOGY, SERVICE, AND MEMBER RELATIONS FOR THE BENEFIT OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.
Program accomplishments
- THE COOPERATIVE SOLD 146,157,640 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS 5,074 MEMBER CONSUMERS DURING 2025 FOR RECORDED PROGRAM SERVICE REVENUE OF $18,036,956. THIS REPRESENTS 95% OF THE TOTAL REVENUE FOR THE COOPERATIVE FOR CALENDAR YEAR 2025.
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
- 42-0557125
- 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)
- $62,045,291
- Income (IRS master file)
- $19,106,234
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $19,081,346 | $18,569,123 | $62,045,291 | XML |
| 990 | December 2024 | $18,120,768 | $17,549,619 | $61,257,140 | XML |
| 990 | December 2023 | $18,020,996 | $17,563,589 | $56,894,586 | XML |
| 990 | December 2022 | $17,059,790 | $17,010,678 | $57,344,467 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 42-0557125).
Questions about T I P RURAL ELECTRIC COOPERATIVE
- What is the EIN of T I P RURAL ELECTRIC COOPERATIVE?
- The employer identification number (EIN) of T I P RURAL ELECTRIC COOPERATIVE is 42-0557125.
- Is T I P RURAL ELECTRIC COOPERATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
- Are donations to T I P RURAL ELECTRIC COOPERATIVE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does T I P RURAL ELECTRIC 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 T I P RURAL ELECTRIC 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 T I P RURAL ELECTRIC 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 T I P RURAL ELECTRIC COOPERATIVE?
- The 990 for the year ended December 31, 2025 names SCOTT LONG.
- Who are the officers and directors of T I P RURAL ELECTRIC COOPERATIVE?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $173,144 (SCOTT LONG, CEO/GENERAL MANAGER).
- How much revenue does T I P RURAL ELECTRIC COOPERATIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $19,081,346, expenses of $18,569,123 and total assets of $62,045,291 at year end.
Other nonprofits in BROOKLYN
- MANATTS INC GROUP HEALTH PLAN & TR EIN 42-1450400 · last filed 990 for 2024
- BROOKLYN COMMUNITY DEVELOPMENT EIN 83-1997974 · last filed 990 for 2022
- IOWA FARM BUREAU FEDERATION EIN 23-7425261 · last filed 990 for 2024
- BROOKLYN COMMUNITY FOUNDATION INC EIN 42-1479364 · last filed 990 for 2024
- THE G J MANATT FAMILY FOUNDATION EIN 42-1502114 · last filed 990-PF for 2025
- BROOKLYN GUERNSEY MALCOM COMMUNITY SCHOOLS VEBA TRUST EIN 47-2286502 · last filed 990-EZ for 2025
- HANDS THAT HELP INC EIN 39-2879496 · last filed 990-N for 2025
- BROTHERHOOD OF MAINTENANCE OF WAY EMPLOYEES EIN 42-6019694 · last filed 990-N for 2025