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Nonprofit · EIN 43-0416260

MISSOURI RURAL ELECTRIC COOPERATIVE

Tax-exempt · PALMYRA, MO 63461

Financials

$20.9M$20.6M2023$22M$21.5M2024$24.2M$21.9M2025
Revenue Expenses · by fiscal year end
Financials of MISSOURI RURAL ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$24,191,030$21,888,563$2,302,467$45,094,047$21,406,457$23,687,590
December 31, 2024990$22,032,182$21,501,469$530,713$42,373,162$21,018,680$21,354,482
December 31, 2023990$20,931,899$20,604,528$327,371$41,278,014$20,489,714$20,788,300
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$22,355,116
Investment income
$56,825
Other revenue
$1,779,089

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$433,186
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$1,149,844
Program services (functional)
$21,888,563

Balance sheet and other

Total assets, start of year
$42,373,162
Total assets, end of year
$45,094,047
Total liabilities, end of year
$21,406,457
Net assets, end of year
$23,687,590
Land, buildings and equipment
$28,168,876
Gross receipts
$24,191,030
Employees
27
Year formed
1936
State of legal domicile
MO

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.

NameTitleHours / weekCompensationOther / benefits
MATTHEW HUDSONGENERAL MANAGER
Key employee
44.69$194,340$75,766
BENJAMIN MARTINOPERATIONS MANAGER
Highest-paid employee
42.77$111,474$93,588
ANDREW BARNETTFOREMAN LINEMAN
Highest-paid employee
42.89$109,330$62,927
ANDY AUGSPURGLEAD LINEMAN
Highest-paid employee
43.83$112,050$49,467
KYLE SCHNEIDERFOREMAN LINEMAN
Highest-paid employee
44.23$112,560$47,252
BLAKE RODGERSJOURNEYMAN LINEMAN
Highest-paid employee
44.71$110,307$37,049
KAYLA KLAUSERMANAGER OF FINANCE AND ACCOUNTING
Key employee
40.69$101,724$42,852
ROSS FRANKENBACHSECRETARY
Officer
11.56$14,350$0
GREG R STRAUSDIRECTOR
Trustee or director
3.94$9,800$0
BRENDA ALTHOFFDIRECTOR
Trustee or director
4.5$8,750$0
ROBERT HALLDIRECTOR
Trustee or director
3.78$8,400$0
OLLIE L PENNEWELLDIRECTOR
Trustee or director
4.06$7,700$0
COLE SUTTERDIRECTOR
Trustee or director
1.59$7,000$0
JOSEPH SWISHERVICE PRESIDENT
Officer
3.02$7,000$0
SHONDELL HAERRPRESIDENT
Officer
2.1$7,000$0
1 more people on this return
NameTitleHours / weekCompensation
DICK DISSELHORSTTREASURER
Officer
2.76$5,600
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
MATTHEW HUDSONGENERAL MANAGER
Key employee
44.86$181,548$66,171
BENJAMIN MARTINOPERATIONS MANAGER
Highest-paid employee
43.01$106,428$76,579
ANDREW BARNETTFOREMAN LINEMAN
Highest-paid employee
43.44$108,686$54,072
KYLE SCHNEIDERFOREMAN LINEMAN
Highest-paid employee
44.39$111,093$42,815
ANDY AUGSPURGLEAD LINEMAN
Highest-paid employee
43.93$108,721$43,669
TANNER GORDONJOURNEYMAN LINEMAN
Highest-paid employee
45.01$107,369$36,170
KAYLA KLAUSERMANAGER OF FINANCE AND ACCOUNTING
Key employee
40.77$98,110$39,149
ROSS FRANKENBACHSECRETARY
Officer
10.92$13,650$0
ROBERT HALLDIRECTOR
Trustee or director
4.37$10,150$0
GREG R STRAUSDIRECTOR
Trustee or director
3.09$9,800$0
JOSEPH SWISHERVICE PRESIDENT
Officer
4.77$9,800$0
COLE SUTTERDIRECTOR
Trustee or director
1.87$7,350$0
OLLIE L PENNEWELLDIRECTOR
Trustee or director
2.58$6,650$0
SHONDELL HAERRPRESIDENT
Officer
1.83$6,650$0
DICK DISSELHORSTTREASURER
Officer
2.98$5,600$0
TRENT GOTTMANDIRECTOR
Trustee or director
1.02$4,550$0
BRENDA ALTHOFFDIRECTOR
Trustee or director
0.93$2,800$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MATTHEW HUDSONGENERAL MANAGER
Key employee
44.97$174,437$62,684
BENJAMIN MARTINOPERATIONS MANAGER
Highest-paid employee
42.79$101,274$70,596
ANDREW BARNETTFOREMAN LINEMAN
Highest-paid employee
44.26$107,119$50,117
KYLE SCHNEIDERFOREMAN LINEMAN
Highest-paid employee
44.25$105,388$40,075
ANDY AUGSPURGLEAD LINEMAN
Highest-paid employee
43.39$102,569$40,910
ANDY HUDSONJOURNEYMAN LINEMAN
Highest-paid employee
44.07$101,641$40,448
KAYLA KLAUSERMANAGER OF FINANCE AND ACCOUN
Key employee
40.78$94,219$36,524
ROSS FRANKENBACHDIRECTOR
Trustee or director
8.18$14,350$0
GREG R STRAUSDIRECTOR
Trustee or director
3.71$10,500$0
ROBERT HALLDIRECTOR
Trustee or director
3.46$8,400$0
OLLIE L PENNEWELLDIRECTOR
Trustee or director
4.28$8,400$0
SHONDELL HAERRPRESIDENT
Officer
2.19$8,400$0
JOSEPH SWISHERVICE PRESIDENT
Officer
3.1$7,000$0
TRENT GOTTMANSECRETARY
Officer
1.15$5,950$0
DICK DISSELHORSTTREASURER
Officer
2.88$5,600$0
GERALD SCHOENBORNDIRECTOR
Trustee or director
1.76$4,900$0
COLE SUTTERDIRECTOR
Trustee or director
0.81$3,150$0

Address and contacts

Address (IRS master file)
975 W ROSS ST, PALMYRA, MO 63461-1368
In care of
% KAYLA KLAUSER
Principal officer (990 for 2025)
SHONDELL HAERR, PO BOX 111, Palmyra, MO 634610111
Signed the 990
KAYLA KLAUSER, MANAGER OF FINANCE
Phone
(573) 769-2104
Return prepared by
John W Gillum CPA LLC

Mission

THE PRIMARY EXEMPT PURPOSE OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO ITS APPROXIMATELY 4,500 MEMBERS REPRESENTING 5,678 METERS IN FIVE COUNTIES IN NORTHEAST MISSOURI.

990 for the year ended December 31, 2025

Program accomplishments

  • THE COOPERATIVE PROVIDES ELECTRICITY TO ITS APPROXIMATELY 4,500 MEMBER-OWNERS THROUGH ITS DISTRIBUTION SYSTEM.
    Expenses $21,888,563

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-0416260
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$45,094,047
Income (IRS master file)
$24,191,030

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$24,191,030$21,888,563$45,094,047IRS
990December 2024$22,032,182$21,501,469$42,373,162XML
990December 2023$20,931,899$20,604,528$41,278,014XML
990December 2022$19,174,289$19,549,148$38,944,273IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 43-0416260).

Questions about MISSOURI RURAL ELECTRIC COOPERATIVE

What is the EIN of MISSOURI RURAL ELECTRIC COOPERATIVE?
The employer identification number (EIN) of MISSOURI RURAL ELECTRIC COOPERATIVE is 43-0416260.
Is MISSOURI RURAL ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1950.
Are donations to MISSOURI RURAL ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MISSOURI 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 MISSOURI 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 MISSOURI 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 MISSOURI RURAL ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2025 names SHONDELL HAERR.
Who are the officers and directors of MISSOURI RURAL ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2025 lists 16 people; 16 received compensation from the organization, the highest $194,340 (MATTHEW HUDSON, GENERAL MANAGER).
How much revenue does MISSOURI RURAL ELECTRIC COOPERATIVE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $24,191,030, expenses of $21,888,563 and total assets of $45,094,047 at year end.

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