Woodbury County Rural Electric Cooperative Association

Woodbury County Rural Electric Cooperative Association, doing business as Woodbury County R E C, is a tax-exempt rural electric cooperative based in Moville, Iowa that serves as a prime recipient of federal grants supporting rural economic development and job creation initiatives. The cooperative operates exclusively as a federal grant recipient, with no contracting arm; it administers Rural Economic Development Loans and Grants awards (CFDA 10.854) from the U.S. Department of Agriculture Rural Business Cooperative Services to fund feasibility studies, business start-up costs, business incubator projects, and other expenses designed to foster rural entrepreneurship across its service territory in Iowa.

Woodbury County R E C's recent award footprint reflects concentrated dependency on USDA Rural Business Cooperative Services, which accounts for eight of ten total awards in the source dataset. The cooperative has received approximately $900,000 in cumulative federal funding through the Rural Economic Development Loans and Grants program since 2019. Recent grants include a $300,000 Project Grant awarded May 22, 2026 (ultimate completion May 22, 2028) under the Rural Economic Development Grants Disaster program, and two prior $300,000 Project Grants awarded August 2022 with completion dates of August 2024. The cooperative also appears as a sub-recipient on a February 2025 award from the Iowa Homeland Security and Emergency Management Department (prime grantee), classified under public utilities assistance. The remaining two awards in the dataset involve the Federal Emergency Management Agency and the Department of the Army.

Activity is sparse and episodic — one award in 2018, one in 2019, two in 2022, one in 2025, and one in 2026 — with a single award (combined potential value undisclosed in the source) reaching ultimate completion inside the next twenty-four months. The cooperative's federal footprint is that of a specialized rural utility intermediary channeling grant capital to local rural development projects rather than a service provider or contractor to federal customers.