NonprofitsBlack Hills Electric Cooperative Inc

Black Hills Electric Cooperative Inc

CUSTER, SD

Total revenue

$25.8M

Total expenses

$21.6M

Net assets

$38.1M

Grants received

EIN

460111503

Tax year

2024

Mission

Black Hills Electric cooperative is a non-profit member owned organization whose mission is to provide great electric distribution service at the lowest cost consistent with sound business practices.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$25.4M
Investment income$421K
Other revenue$4K
Total revenue$25.8M

Expenses

Grants paid$17K
Salaries & benefits$4.0M
Fundraising
Other expenses$15.2M
Total expenses$21.6M
Total assets$82.4M
Net assets$38.1M

People

16 listed

NameRoleCompensation

Walker Witt

CEO

Board

$321K

54.7 hrs/wk

Sammi Langendorf

CFO

Board

$174K

49.5 hrs/wk

Jim Preston

Board President

Board

$10K

4 hrs/wk

Thad Wasson

Board Secretary

Board

$9K

3.85 hrs/wk

Alan Bishop

Board Assistant Secretary

Board

$9K

3.62 hrs/wk

Gary Kluthe

Director

Board

$8K

3.5 hrs/wk

David Lindblom

Board Vice President

Board

$7K

2.92 hrs/wk

Dennis Quivey

Director

Board

$7K

3.04 hrs/wk

Don Anderson

Board Treasurer

Board

$7K

3.04 hrs/wk

Bill Brisk

Manger of Operations

Staff

$173K

47.6 hrs/wk

Jesse Sorenson

System Coordinator

Staff

$151K

42.6 hrs/wk

Michelle Fischer

Dir of Communications-Member Service

Staff

$124K

42.6 hrs/wk

Jeff Barnes

IT Specialist

Staff

$123K

41.6 hrs/wk

Beau Bradeen

Crew Foreman

Staff

$121K

43.9 hrs/wk

Dean Whitney

Crew Foreman

Staff

$119K

43.6 hrs/wk

Rory Halverson

Staking Tech

Staff

$108K

41.9 hrs/wk

Independent contractors

Kainz Powerlines Inc

Line Construction

$210K

Rushmore Engineering

Engineering

$182K

SD Rural Electric Association

Training & Publishing

$161K

May Construction Inc

Line Construction

$107K

Osmose Utilities Services Inc

Pole Testing

$105K

Details

EIN460111503
Subsection12
Ruling date1955-02
Formed1940
Employees28
Volunteers0
BLACK HILLS ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo