MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE: Single Audit Reports and Findings
MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE filed 2 single audits between 2024 and 2025; the most recently observed auditor is EIDE BAILLY LLP (2025), and the 2025 report lists 3 findings. Data as of 2026-09-18.
Data as of Sep 18, 2026 · Source: Federal Audit Clearinghouse (public data)
Single audits by year
One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE is recorded in ANAMOSA, Iowa under EIN 420394605, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2,295,122 | $1,000,000 | EIDE BAILLY LLP | 3 | SD | 2025-12-GSAFAC-0000427048 |
| 2024 | 2024-12-31 | $1,266,389 | $750,000 | EIDE BAILLY LLP | 2 | — | 2024-12-GSAFAC-0000377625 |
Which federal programs did this organization report?
From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 21.029 | CORONAVIRUS CAPITAL PROJECTS FUND | $1,467,670 | Yes |
| 81.254 | GRID INFRASTRUCTURE DEPLOYMENT AND RESILIENCE | $827,452 | No |
What findings did the auditor report?
The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2025-001 | P | Material weakness | Yes |
| 2025-002 | I | Material weakness | Yes |
| 2025-003 | C | Significant deficiency | No |
Form 990 and IRS registration
Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.
- Total revenue
- $51,320,342
- Total assets
- $178,963,582
- IRS object id
- 202621329349301127
- Exempt under
- 501(c)(12)
- Ruling year
- 1937
- BMF release
- 2026-09-17
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How we computed this
Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits MAQUOKETA VALLEY RURAL ELECTRIC COOPERATIVE now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.
Cite this page
AuditRadar. “MAQUOKETA VALLEY RURAL ELECTRIC COOPERAT Single Audits.” https://getauditradar.com/single-audits/ia/maquoketa-valley-rural-electric-cooperative-420394605/. Data as of 2026-09-18.