NonprofitsWhetstone Valley Electric Cooperative Inc

Whetstone Valley Electric Cooperative Inc

MILBANK, SD

Total revenue

$12.6M

Total expenses

$12.5M

Net assets

$14.8M

Grants received

EIN

460205275

Tax year

2024

Mission

To provide electricity to rural electric cooperative members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.5M
Investment income$49K
Other revenue$49K
Total revenue$12.6M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising
Other expenses$9.0M
Total expenses$12.5M
Total assets$44.6M
Net assets$14.8M

People

14 listed

NameRoleCompensation

DAVID PAGE

GENERAL MANAGER

Board

$164K

45 hrs/wk

JOEL ADLER

PRESIDENT

Board

$15K

7.7 hrs/wk

MATT CAMERON

SECRETARY

Board

$12K

6.6 hrs/wk

KRISTA ATYEO-GORTMAKER

TREASURER

Board

$12K

4.9 hrs/wk

TOM BERENS

DIRECTOR

Board

$11K

6 hrs/wk

BILL TOSTENSON

DIRECTOR

Board

$9K

5.6 hrs/wk

SCOTT NIEDERT

VICE PRESIDENT

Board

$6K

2.6 hrs/wk

DAVID BEHRNS

DIRECTOR

Board

$6K

3.9 hrs/wk

PAUL NELSON

DIRECTOR

Board

$6K

1.8 hrs/wk

WAYNE JARMAN

DIRECTOR (BEG MAR)

Board

$6K

3.6 hrs/wk

DARREN STRASSER

DIRECTOR (END MAR)

Board

$696

1.5 hrs/wk

JON CHRISTENSEN

OPERATIONS MANAGER

Staff

$114K

40 hrs/wk

BRIDGET ANDERSON

OFFICE MANAGER

Staff

$113K

40 hrs/wk

MARK WEBER

MEMBER SERVICES MANAGER

Staff

$111K

40 hrs/wk

Independent contractors

ENGELSTAD ELECTRIC

BORING, TRENCHING, PLOWING

$327K

LARSON DIGGING

BORING, TRENCHING, PLOWING

$181K

Details

EIN460205275
Subsection12
Ruling date1944-03
Formed1940
Employees25
Volunteers0
WHETSTONE VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo