NonprofitsSouth Dakota Rural Electric Association Inc

South Dakota Rural Electric Association Inc

PIERRE, SD

Total revenue

$3.6M

Total expenses

$3.3M

Net assets

$2.0M

Grants received

$202K

6 grants

EIN

460231254

Tax year

2024

Mission

To serve the rural electric cooperatives in south dakota, to promote the effective development of rural electrification in south dakota on a cooperative, non-profit basis.

Programs

2 programs

Youth tour - participating cooperatives and high school students from those cooperatives go to washington, d.c. To learn about usa history, meet senators and representatives, take part in debates, learn about the political process and cooperative electricity, and teach principals for future members of the cooperatives. Youth excursion participants of south dakota cooperatives go to basin in north dakota to learn about electricity with fellow high school students from different cooperatives.cfc grant for $22,050 used for youth tour and youth excursion.

Touchstone energy promotions to promote the cooperative principles to cooperative members and the general public at fairs and various events around south dakota.

Financials

FY 2024

Revenue

Contributions & grants$22K
Program service revenue$3.5M
Investment income$94K
Other revenue
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising
Other expenses$1.7M
Total expenses$3.3M
Total assets$2.5M
Net assets$2.0M

People

36 listed

NameRoleCompensation

STEVE BARNETT

GENERAL MANAGER

Board

$200K

45 hrs/wk

DON HEEREN

PRESIDENT

Board

$9K

1 hrs/wk

STEVEN HANSEN

DIRECTOR

Board

$7K

1 hrs/wk

TOM LARSEN

DIRECTOR

Board

$6K

1 hrs/wk

RODNEY TOBIN

DIRECTOR

Board

$5K

1 hrs/wk

BILL TOSTENSON

DIRECTOR

Board

$5K

1 hrs/wk

JIM PRESTON

DIRECTOR

Board

$4K

1 hrs/wk

JOHN LONG

VICE PRESIDENT

Board

$4K

1 hrs/wk

NOLAN WIPF

DIRECTOR

Board

$4K

1 hrs/wk

DAVE DANIEL

DIRECTOR

Board

$4K

1 hrs/wk

THOMAS BRUNNER

DIRECTOR

Board

$4K

1 hrs/wk

RODNEY MOON

DIRECTOR

Board

$4K

1 hrs/wk

SAM SCHUMAN

DIRECTOR

Board

$4K

1 hrs/wk

WHITNEY MEEK

TREASURER

Board

$4K

1 hrs/wk

KERRY MCLELLAN

DIRECTOR

Board

$4K

1 hrs/wk

DANIEL THYEN

DIRECTOR

Board

$4K

1 hrs/wk

DONITA LOUDNER

DIRECTOR

Board

$4K

1 hrs/wk

RICHARD ABRAHAMSON

SECRETARY

Board

$4K

1 hrs/wk

JOEL BAIER

DIRECTOR

Board

$4K

1 hrs/wk

WILLIAM DAILEY

DIRECTOR

Board

$4K

1 hrs/wk

DAVID STERNHAGEN

DIRECTOR

Board

$4K

1 hrs/wk

DONOVAN YOUNG MAN

DIRECTOR

Board

$4K

1 hrs/wk

CLINT CLARK

DIRECTOR

Board

$4K

1 hrs/wk

TOM THORPE

DIRECTOR

Board

$3K

1 hrs/wk

KERMIT PEARSON

DIRECTOR

Board

$3K

1 hrs/wk

ROSS SPERRY

DIRECTOR

Board

$3K

1 hrs/wk

ROBERT SHAFFER

DIRECTOR

Board

$3K

1 hrs/wk

RICH BENDT

DIRECTOR (AS OF 1/24)

Board

$3K

1 hrs/wk

NICHOLAS NEMEC

DIRECTOR

Board

$3K

1 hrs/wk

STAN ANDERS

DIRECTOR

Board

$3K

1 hrs/wk

RODNEY DEMENT

DIRECTOR (1/24-9/24)

Board

$1K

1 hrs/wk

DARREL RASCHKE

DIRECTOR (AS OF 9/24)

Board

$1K

1 hrs/wk

DARREN STRASSER

DIRECTOR (UNTIL 1/24)

Board

$913

1 hrs/wk

SHAD RIGGLE

DIRECTOR (UNTIL 1/24)

Board

$913

1 hrs/wk

MARK PATTERSON

MGR. OF LOSS CONTROL SVCS.

Staff

$130K

48 hrs/wk

JOSEPH DENISON

CERTIFIED LOSS CONTROL PROFESSIONAL

Staff

$101K

42 hrs/wk

Independent contractors

RITER ROGERS LLP

LEGAL SERVICES

$110K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$20K
EDUCATIONAL FUND-YOUTH EXCURSION
2024
$20K
EDUCATIONAL FUND-YOUTH EXCURSION
2023
$20K
EDUCATIONAL FUND-YOUTH EXCURSION
2022
$16K
EDUCATIONAL FUND-YOUTH EXCURSION
2021
$109K
INTEGRITY FUND - TERRITORY THREAT
2020
$16K
EDUCATIONAL FUND-YOUTH EXCURSION
2020

Funded by

$202K from 1 funder · 6 grants · 2020–2024

National Rural Utilities Cooperative

$202K · 6 grants · 2020–2024

Details

EIN460231254
Subsection06
Ruling date1964-05
Formed1942
Employees12
Volunteers0
SOUTH DAKOTA RURAL ELECTRIC ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo