NonprofitsButte Electric Cooperative Inc

Butte Electric Cooperative Inc

NEWELL, SD

Total revenue

$10.5M

Total expenses

$8.8M

Net assets

$28.6M

Grants received

EIN

460115942

Tax year

2024

Mission

The mission of butte electric cooperative is to continually improve customer services; provide safe, reliable, and competitively priced electricity; and continue to lead in developing our communities for the benefit of our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$970K
Investment income$248K
Other revenue$9.3M
Total revenue$10.5M

Expenses

Grants paid$14K
Salaries & benefits$2.4M
Fundraising
Other expenses$5.8M
Total expenses$8.8M
Total assets$71.8M
Net assets$28.6M

People

11 listed

NameRoleCompensation

MATTHEW SLEEP

CEO

Board

$195K

40 hrs/wk

TRAVIS SCHENK

TREASURER

Board

$18K

1 hrs/wk

STEVE SMEENK

DIRECTOR

Board

$13K

1 hrs/wk

PAUL WINKLER

DIRECTOR

Board

$12K

1 hrs/wk

THOMAS BRUNNER

SECRETARY

Board

$11K

1 hrs/wk

CRIS MILLER

PRESIDENT

Board

$10K

1 hrs/wk

DAN MARRS

VICE-PRESIDE

Board

$9K

1 hrs/wk

JAMES MORTENSON

ASST SECRETA

Board

$8K

1 hrs/wk

CHANDY OLSON

DIRECTOR

Board

$8K

1 hrs/wk

DAN HEFNER

DIRECTOR

Board

$8K

1 hrs/wk

BRETT FOSHEIM

OPERATIONS M

Staff

$135K

40 hrs/wk

Independent contractors

CABLE COMMUNICATIONS SERVICES

CONTRACT LABOR

$687K

BLUE SKY TREE CO

CONTRACT LABOR

$133K

ALTERGOTT FORESTRY

CONTRACT LABOR

$104K

Details

EIN460115942
Subsection12
Ruling date1942-03
Formed1940
Employees28
BUTTE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo