NonprofitsEast River Electric Power Cooperative Inc

East River Electric Power Cooperative Inc

MADISON, SD

Total revenue

$371.4M

Total expenses

$371.4M

Net assets

$300.9M

Grants received

EIN

460225402

Tax year

2024

Mission

Acquisition, transmission, and distribution of electric power to member systems.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$370.5M
Investment income$762K
Other revenue$219K
Total revenue$371.4M

Expenses

Grants paid$64K
Salaries & benefits$24.5M
Fundraising
Other expenses$323.1M
Total expenses$371.4M
Total assets$1.0B
Net assets$300.9M

People

35 listed

NameRoleCompensation

ROBERT SAHR

CEO/GENERAL MANAGER

Board

$621K

47 hrs/wk

SCOTT SHEWEY

CFO

Board

$348K

45 hrs/wk

BERT ROGNESS

TREASURER

Board

$20K

4 hrs/wk

DARRELL RASCHKE

DIRECTOR

Board

$20K

4 hrs/wk

DUANE WOLBRINK

VICE PRESIDENT

Board

$19K

4 hrs/wk

RON SAMUELSON

DIRECTOR

Board

$18K

3 hrs/wk

ALAN VEDVEI

PRESIDENT

Board

$17K

4 hrs/wk

GARY BACHMAN

DIRECTOR

Board

$17K

3 hrs/wk

ALAN HINDERMAN

DIRECTOR

Board

$16K

3 hrs/wk

MICHAEL LONGTIN

DIRECTOR

Board

$16K

3 hrs/wk

JAMES RYKEN

PRESIDENT/DIRECTOR (BEG SEPT 2024)

Board

$14K

4 hrs/wk

DOUG DIEKMANN

DIRECTOR

Board

$14K

3 hrs/wk

RYAN NOYES

DIRECTOR

Board

$13K

2 hrs/wk

PAUL VOIGT

SECRETARY

Board

$13K

3 hrs/wk

DON SCHURDEVIN

DIRECTOR

Board

$13K

3 hrs/wk

KERMIT PEARSON

DIRECTOR

Board

$12K

2 hrs/wk

DAVID BEHRNS

DIRECTOR (BEG APR 2024)

Board

$12K

3 hrs/wk

JEFF HUFFORD

DIRECTOR (UNTIL AUG 2024)

Board

$10K

3 hrs/wk

WAYNE LEFERS

DIRECTOR (BEG JULY 2024)

Board

$9K

4 hrs/wk

JOHN OSTRAAT

DIRECTOR (UNTIL AUG 2024)

Board

$7K

2 hrs/wk

RODNEY DEMENT

DIRECTOR (UNTIL AUG 2024)

Board

$7K

3 hrs/wk

BRAD DONNAY

DIRECTOR (BEG SEPT 2024)

Board

$7K

4 hrs/wk

STEVE HOLMBERG

DIRECTOR (BEG SEP 2024)

Board

$6K

4 hrs/wk

DAVID NEUGEBAUER

DIRECTOR (UNTIL MAY 2024)

Board

$4K

2 hrs/wk

GARY FISH

DIRECTOR (BEG SEP 2024)

Board

$4K

3 hrs/wk

DARREN STRASSER

DIRECTOR (UNTIL MAR 2024)

Board

$3K

2 hrs/wk

DAVE WARKENTHIEN

DIRECTOR

Board

$54

3 hrs/wk

KIRK SCHAUNAMAN

DIRECTOR

Board

$54

3 hrs/wk

TREVOR JOB

DIRECTOR

Board

2 hrs/wk

MARK HOFFMAN

COO

Staff

$275K

41 hrs/wk

JEFFREY MAY

CIO

Staff

$255K

45 hrs/wk

MICHAEL JASPERS

BUSINESS DEVELOPMENT DIRECTOR

Staff

$243K

43 hrs/wk

CHRIS STUDER

CHIEF MEMBER AND PUBLIC RELATIONS OFFICER

Staff

$243K

47 hrs/wk

ELIZABETH AVERY

CHRO

Staff

$240K

41 hrs/wk

DANIEL BROWN

GENERAL COUNSEL

Staff

$226K

45 hrs/wk

Independent contractors

HDR ENGINEERING INC

ENGINEERING SERVICES

$8.7M

SCHULTE TA INC

CONSTRUCTION

$4.3M

KEY CONTRACTING INC

TRANSMISSION LINE CONSTRUCTION

$4.1M

HIGHMARK ERECTORS INC

SUBSTATION CONSTRUCTION

$3.8M

DGR ENGINEERING

ENGINEERING SERVICES

$3.6M

Details

EIN460225402
Subsection12
Ruling date1957-06
Formed1949
Employees178
Volunteers0
EAST RIVER ELECTRIC POWER COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo