NonprofitsNorthern Electric Cooperative Incorporated

Northern Electric Cooperative Incorporated

BATH, SD

Total revenue

$31.4M

Total expenses

$31.4M

Net assets

$37.3M

Grants received

EIN

460151015

Tax year

2024

Mission

Provide electricity to rural areas.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$31.0M
Investment income$287K
Other revenue$40K
Total revenue$31.4M

Expenses

Grants paid$1K
Salaries & benefits$4.5M
Fundraising
Other expenses$25.0M
Total expenses$31.4M
Total assets$117.4M
Net assets$37.3M

People

18 listed

NameRoleCompensation

CHARLENE HAGER

CEO

Board

$172K

40 hrs/wk

LORISA RUDOLPH

CFO

Board

$93K

40 hrs/wk

TODD HETTICH

VICE PRESIDENT

Board

$14K

5 hrs/wk

NOLAN WIPF

PRESIDENT

Board

$11K

5 hrs/wk

WILLIAM HANSEN

DIRECTOR

Board

$9K

5 hrs/wk

JOSH LARSON

TREASURER

Board

$9K

5 hrs/wk

SCOTT SPERRY

DIRECTOR/SEC FROM 06/2024

Board

$7K

5 hrs/wk

KIRK SCHAUNAMAN

DIRECTOR

Board

$7K

5 hrs/wk

MIKE TRAXINGER

DIRECTOR

Board

$6K

5 hrs/wk

RONALD KAAZ

SECRETARY UNTIL 06/2024

Board

$4K

5 hrs/wk

THOMAS LAMBERT

DIRECTOR FROM 06/2024

Board

$3K

5 hrs/wk

FRAN ESSER

DIRECTOR UNTIL 06/2024

Board

$3K

5 hrs/wk

BRUCE SCHUMACHER JR

DIRECTOR FROM 06/2024

Board

$3K

5 hrs/wk

DEREK GORECKI

IT MANAGER

Staff

$132K

40 hrs/wk

RUSSEL ULMER

MEMBER SERVICES MANAGER

Staff

$127K

40 hrs/wk

JEROME WEBER

OPERATIONS MANAGER

Staff

$126K

40 hrs/wk

MARTIN NEWMAN

LINE FOREMAN

Staff

$115K

40 hrs/wk

BENJAMIN PETERSON

LINE FOREMAN

Staff

$111K

40 hrs/wk

Independent contractors

SCHMIDT CONSTRUCTION INC

PLOWING & TRENCHING

$374K

K&H ELECTRIC INC

PLOWING & TRENCHING

$360K

TREELINE TREE SERVICE INC

TREE TRIMMING

$201K

LARSON DIGGING INC

PLOWING & TRENCHING

$179K

DAKOTA DIRECTIONAL LLC

PLOWING & TRENCHING

$170K

Details

EIN460151015
Subsection12
Ruling date1947-04
Formed1941
Employees39
Volunteers0
NORTHERN ELECTRIC COOPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo