Black Hills Electric Cooperative is a non-profit member owned organization whose mission is to provide great electric distribution service at the lowest cost consistent with sound business practices.
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
- Base
- $144k
- Bonus
- $200
- Other
- $7k
- Benefits
- $31k
- Base
- $119k
- Bonus
- $200
- Other
- $4k
- Benefits
- $30k
- Base
- $299k
- Bonus
- $200
- Other
- $22k
- Benefits
- $20k
- Base
- $161k
- Bonus
- $200
- Other
- $12k
- Benefits
- $31k
- Base
- $167k
- Bonus
- $200
- Other
- $5k
- Benefits
- $22k
- Base
- $121k
- Bonus
- $200
- Other
- $3k
- Benefits
- $30k
- Base
- $118k
- Bonus
- $200
- Other
- $5k
- Benefits
- $22k
- Base
- $116k
- Bonus
- $200
- Other
- $5k
- Benefits
- $22k
- Base
- $108k
- Bonus
- $200
- Other
- $621
- Benefits
- $30k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
System Coordinator key employee | $144k | $200 | $7k | $31k | $8.2M $8.8M |
IT Specialist highest compensated employee | $119k | $200 | $4k | $30k | $7.3M $7.8M |
CEO | $299k | $200 | $22k | $20k | $440k $473k |
CFO | $161k | $200 | $12k | $31k | $260k $279k |
Manger of Operations key employee | $167k | $200 | $5k | $22k | $231k $248k |
Dir of Communications-member Service highest compensated employee | $121k | $200 | $3k | $30k | $196k $211k |
Crew Foreman highest compensated employee | $118k | $200 | $5k | $22k | $186k $200k |
Crew Foreman highest compensated employee | $116k | $200 | $5k | $22k | $179k $193k |
Staking Tech highest compensated employee | $108k | $200 | $621 | $30k | $175k $188k |
Director board member | — | — | — | — | $28k $30k |
Board President board president | — | — | — | — | $10k $10k |
Board Secretary board secretary | — | — | — | — | $9k $9k |
Board Assistant Secretary board secretary | — | — | — | — | $9k $9k |
Board Vice President board president | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $7k $7k |
Board Treasurer board treasurer | — | — | — | — | $7k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top compensation, year by year
From $389k in 2023 to $8.2M in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
BLACK HILLS ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
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