Skip to main content

Nonprofit · EIN 74-2805422

HEARTLAND RURAL ELECTRIC COOPERATIVE INC

Tax-exempt · GIRARD, KS 66743

Financials

$27.3M$27M2021$26.6M$26.9M2023$26.8M$27.2M2024
Revenue Expenses · by fiscal year end
Financials of HEARTLAND RURAL ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,802,512$27,220,667-$418,155$74,887,678$44,396,252$30,491,426
December 31, 2023990$26,562,326$26,857,157-$294,831$72,640,677$42,563,781$30,076,896
December 31, 2021990$27,252,975$26,980,841$272,134$67,454,805$39,259,860$28,194,945
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$26,539,488
Investment income
$191,465
Net rental income
$21,203
Net gain from sales of assets
$30,257
Other revenue
$71,559

Expenses

Grants and similar amounts paid
$16,283
Benefits paid to members
$1,076,504
Compensation of officers, directors and key employees
$414,057
Other salaries and wages
$1,137,373
Salaries, compensation and benefits (total)
$1,551,430
Professional fundraising fees
$0
Depreciation
$2,664,697

Balance sheet and other

Total assets, start of year
$72,640,677
Total assets, end of year
$74,887,678
Total liabilities, end of year
$44,396,252
Net assets, end of year
$30,491,426
Land, buildings and equipment
$53,542,491
Gross receipts
$26,898,399
Employees
55
Year formed
1996
State of legal domicile
KS

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARK SCHEIBECEO
Officer
51$274,684$72,654
ANTHONY WASHINGTONELECTRIC SYS
Highest-paid employee
47$137,178$97,275
DAN AVERYDIR OF OPERA
Highest-paid employee
45$158,451$71,416
ROBERT GRISIERFOREMAN
Highest-paid employee
48$140,058$40,347
LUKE DECKERFOREMAN
Highest-paid employee
48$138,299$33,454
ALEX MCCRACKENJOURNEYMAN
Highest-paid employee
49$141,899$25,269
STEVE MCFARLANDDIRECTOR
Trustee or director
3$13,304$0
HH STOCKERBRANDDIRECTOR
Trustee or director
2$10,147$0
LAVONNA STAINBROOKDIRECTOR
Trustee or director
2$9,696$0
LARRY LINDBERGDIRECTOR
Trustee or director
2$9,245$0
RONALD TAYLORDIRECTOR
Trustee or director
3$8,769$0
TYLER JACKMANDIRECTOR
Trustee or director
1$5,186$0
DEAN DAVIEDDIRECTOR
Trustee or director
1$4,735$0
JESSE SEACRESTDIRECTOR
Trustee or director
1$4,284$0
ERNIE TROTHDIRECTOR
Trustee or director
1$1,353$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
MARK SCHEIBECEO
Officer
65$258,687$66,517
ANTHONY WASHINGTONELEC SYSTEM
Highest-paid employee
48$129,988$94,937
DAN AVERYDIR OF OPERA
Highest-paid employee
48$141,642$68,163
JUSTIN WEIMERIT MANAGER
Highest-paid employee
43$121,259$41,996
LARISSA BOWMANDIRECTOR OF
Highest-paid employee
60$118,610$25,495
STEVE MCFARLANDDIRECTOR
Trustee or director
3$14,711$0
RONALD TAYLORDIRECTOR
Trustee or director
3$11,250$0
LARRY LINDBERGDIRECTOR
Trustee or director
2$9,948$0
LAVONNA STAINBROOKDIRECTOR
Trustee or director
3$9,948$0
HH STOCKERBRANDDIRECTOR
Trustee or director
3$9,514$0
ERNIE TROTHDIRECTOR
Trustee or director
3$9,080$0
TYLER JACKMANDIRECTOR
Trustee or director
1$6,910$0
DEAN DAVIEDDIRECTOR
Trustee or director
1$6,376$0
990 for the year ended December 31, 2021: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK SCHEIBECEO
Officer
54$213,636$0$79,025
ANTHONY WASHINGTONELEC SYSTEM
Highest-paid employee
45$114,265$0$88,195
DAN AVERYOPERATIONS MANAGER
Highest-paid employee
46$113,627$0$60,159
FAITH WARDENDIRECTOR OF FINANCES
Officer
48$135,550$0$24,788
PAUL NORRISDIRECTOR OF OPERATIONS
Highest-paid employee
41$115,574$0$39,844
JUSTIN WEIMERCOMMUNICATION SPECIALIST
Highest-paid employee
40$102,858$0$39,380
STEVE MCFARLANDDIRECTOR
Trustee or director
1.5$11,500$200$0
LARRY LINDBERGSECRETARY/TREASURER
Trustee or director, Officer
1.3$8,180$200$0
HH STOCKEBRANDDIRECTOR
Trustee or director
1.7$8,180$200$0
RONALD TAYLORDIRECTOR
Trustee or director
1.6$7,700$200$0
ERNIE TROTHPRESIDENT
Trustee or director, Officer
2.1$7,320$200$0
DEAN DAVIEDVICE PRESIDENT
Trustee or director, Officer
1.5$5,420$200$0
SUE STAINBROOKDIRECTOR (SINCE 06/21)
Trustee or director
1.5$5,320$100$0
DONALD DAVIEDDIRECTOR
Trustee or director
1.4$4,660$200$0
BERNARD O'BRIENDIRECTOR (UNTIL 3/21)
Officer
1$1,140$0$0

Address and contacts

Address (IRS master file)
110 N ENTERPRISE DR, GIRARD, KS 66743-2058
In care of
% LEANNE MICHOT
Principal officer (990 for 2024)
LAVONNA STAINBROOK, PO BOX 40, GIRARD, KS 66743
Signed the 990
MARK SCHEIBE, CEO
Phone
(620) 724-8251
Return prepared by
BRISCOE BURKE & GRIGSBY LLP

Mission

TO MEET OUR MEMBERS' NEEDS AND EXPECTATIONS FOR RELIABLE ELECTRICITY, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT REASONABLE PRICES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE ELECTRICITY TO OUR MEMBERS - 11,967 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2805422
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$74,887,678
Income (IRS master file)
$26,898,399

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,802,512$27,220,667$74,887,678XML
990December 2023$26,562,326$26,857,157$72,640,677XML
990December 2022$27,938,425$27,938,425$71,044,104IRS
990December 2021$27,252,975$26,980,841$67,454,805XML
990December 2020–––IRS
990December 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 74-2805422).

Questions about HEARTLAND RURAL ELECTRIC COOPERATIVE INC

What is the EIN of HEARTLAND RURAL ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of HEARTLAND RURAL ELECTRIC COOPERATIVE INC is 74-2805422.
Is HEARTLAND RURAL ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1998.
Are donations to HEARTLAND RURAL ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HEARTLAND RURAL ELECTRIC COOPERATIVE INC 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 HEARTLAND RURAL ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEARTLAND RURAL ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HEARTLAND RURAL ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names LAVONNA STAINBROOK.
Who are the officers and directors of HEARTLAND RURAL ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 15 received compensation from the organization, the highest $274,684 (MARK SCHEIBE, CEO).
How much revenue does HEARTLAND RURAL ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,802,512, expenses of $27,220,667 and total assets of $74,887,678 at year end.

Other nonprofits in GIRARD

All nonprofits in GIRARD · Kansas