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Filing year 2024

BUTTE ELECTRIC COOPERATIVE INC

Newell, South Dakota·EIN 46-0115942·501(c)(12)
Total revenue
$10.5M
Total assets
$71.8M
Total expenses
$8.8M
Reported officers
11
Mission

THE MISSION OF BUTTE ELECTRIC COOPERATIVE IS TO CONTINUALLY IMPROVE CUSTOMER SERVICES; PROVIDE SAFE, RELIABLE, AND COMPETITIVELY PRICED ELECTRICITY; AND CONTINUE TO LEAD IN DEVELOPING OUR COMMUNITIES FOR THE BENEFIT OF OUR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
75th to 90th percentile
$235k
$252k
Base
$195k
Bonus
Other
Benefits
$7k
Operations M
Operations Manager
75th to 90th percentile
$188k
$202k
Base
$135k
Bonus
Other
Benefits
$33k
Treasurer
Officer (Unspecified)
$18k
$20k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$12k
$13k
Secretary
Officer (Unspecified)
$11k
$12k
President
Below 10th percentile
$10k
$11k
Vice-preside
Vice President
25th percentile to median
$9k
$10k
Asst Secreta
Officer (Unspecified)
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$8k

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.

Up 35%
from 2023

From $174k in 2023 to $235k in 2024.

$174k
2023
$235k
2024
In today's dollarsEst.
Up 31% in real terms$192k to $252k

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.

Pay for the position

Chief Executive Officer pay rose 90% from 2023 to 2024, while revenue rose 5%.

$123k in 2023 to $235k in 2024.
  • Operations Manager pay rose 8% from 2023 to 2024.
  • Board Member pay fell 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BUTTE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$10M
$7.8M
2023
$10.5M
$8.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BUTTE ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of BUTTE ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of BUTTE ELECTRIC COOPERATIVE INC received $234,617 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BUTTE ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BUTTE ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are BUTTE ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, BUTTE ELECTRIC COOPERATIVE INC reported $10.5M in total revenue and $8.8M in total expenses on its IRS Form 990.

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