Private company

Central Iowa Power Cooperative

Iowa cooperative energy provider

Central Iowa Power Cooperative or CIPCO is Iowa's largest cooperative energy provider that generates and transmits power to its member owners. It includes 12 rural and one municipal electric cooperatives which are all located within the state of Iowa.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

  • HeadquartersCedar Rapids1
  • Websitewww.cipco.net
  • Legal formCooperative Association3
  • Kind of organizationCooperative1
  • LEI549300WJZZJP3KG8QP103
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O Sullivan Ward PC, 50266 West Des Moines, United States3
  • Registered withBusiness Services Division (Secretary of State), 539413

Central Iowa Power Cooperative or CIPCO is Iowa's largest cooperative energy provider that generates and transmits power to its member owners. It includes 12 rural and one municipal electric cooperatives which are all located within the state of Iowa.2

Timeline

  1. Oct 22, 1946Founded Central Iowa Power Cooperative is founded3

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$258.5M 2011–2025
Figures by year
YearFederal grantsFederal loansTotal
2025–$145.2M$145.2M
2023–$5.5M$5.5M
2021$300.0K–$300.0K
2020$900.0K–$900.0K
2017$300.0K–$300.0K
2016$300.0K–$300.0K
2015–$63.8M$63.8M
2014$600.0K–$600.0K
2013–$1.0M$1.0M
2012$300.0K$40.1M$40.4M
2011$300.0K–$300.0K

Federal awards

Obligated amounts from USAspending.gov4, by calendar year, 2011–2021, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest federal loans

  1. Sep 18, 2025$144.2M from Rural Utilities Service: Rural Electrification Loans And Loan Guarantees5 To CENTRAL IOWA POWER COOPERATIVE Award CLSS00000117176
  2. Sep 28, 2015$59.8M from Rural Utilities Service: Rural Electrification Loans And Loan Guarantees6 To CENTRAL IOWA POWER COOPERATIVE Award RO2325 50810
  3. Sep 10, 2012$40.1M from Rural Utilities Service: Rural Electrification Loans And Loan Guarantees7 To CENTRAL IOWA POWER COOPERATIVE Award RO2325 22183
  4. Jul 14, 2023$2.0M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants8 To CENTRAL IOWA POWER COOPERATIVE Award CLSS00000077703
  5. Jul 24, 2023$2.0M from Rural Business Cooperative Service: Rural Economic Development Loans And Grants9 To CENTRAL IOWA POWER COOPERATIVE Award CLSS00000077953