Midland Power Cooperative
Boone, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $57,409,878↓1% | $54,154,849 | $162,700,513↑3% | |
| 2022 | $57,765,405↑8% | $54,339,214↑6% | $157,689,289↑9% | — |
| 2021 | $53,511,137↑2% | $51,159,361↑4% | $144,949,480↑6% | — |
| 2020 | $52,323,217 | $49,322,524 | $136,118,591↑6% | — |
| 2019 | $52,341,800↓7% | $49,342,072↓6% | $127,845,104↑2% | — |
| 2018 | $56,414,515↑4% | $52,543,908↑3% | $124,903,479↑10% | — |
| 2017 | $54,053,998↑9% | $51,235,893↑9% | $113,373,280↑4% | — |
| 2016 | $49,620,800↑7% | $47,059,063↑7% | $108,839,577↑8% | — |
| 2015 | $46,437,526↑2% | $43,875,694 | $100,368,615↑8% | — |
| 2014 | $45,648,559 | $44,053,091↑1% | $93,132,334↑8% | — |
| 2013 | $45,609,057↑25% | $43,804,040↑25% | $86,317,727↑23% | — |
| 2012 | $36,364,761↑10% | $35,077,266↑6% | $70,390,557↑11% | — |
| 2011 | $33,095,868 | $33,095,864 | $63,268,671 | — |
Frequently Asked Questions
What does Midland Power Cooperative do?▼
Midland Power Cooperative is a unclassified nonprofit organization based in Iowa. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Midland Power Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Midland Power Cooperative has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Midland Power Cooperative generate?▼
Midland Power Cooperative reports $60.1M in annual revenue and holds $169.3M in total assets, based on IRS filings.
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