Nonprofits›Douglas Electric Cooperative Inc
Douglas Electric Cooperative Inc
ARMOUR, SD
Total revenue
$3.4M
Total expenses
$3.4M
Net assets
$3.9M
Grants received
—
EIN
460217086
Tax year
2024
Mission
Dedicated to provide safe, low cost, reliable electricity to all our members.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$3.3M
Investment income$12K
Other revenue—
Total revenue$3.4M
Expenses
Grants paid—
Salaries & benefits$1.0M
Fundraising—
Other expenses$2.1M
Total expenses$3.4M
Total assets$10.1M
Net assets$3.9M
People
6 listed
NameRoleCompensation
Larry Vander Ley
Vice President
Board
$7K
6 hrs/wk
Blake Ligtenberg
Treasurer
Board
$6K
6 hrs/wk
Wayne Lefers
President
Board
$5K
5 hrs/wk
Joel Baier
Secretary
Board
$4K
5 hrs/wk
Eric Neugebauer
Director
Board
$4K
3 hrs/wk
Jay Spaans
Manager
Staff
$99K
40 hrs/wk
Details
EIN460217086
Subsection12
Ruling date1950-07
Formed1946
Employees7
Volunteers0