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Filing year 2024

BUTTE ELECTRIC COOPERATIVE INC

Newell, South Dakota·EIN 46-0115942·12
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 · Schedule J · 11 reported individuals · Filing year 2024

Base
$195k
Bonus
Other
Benefits
$7k
Operations M
highest compensated employee
$188k
$202k
Base
$135k
Bonus
Other
Benefits
$33k
Treasurer
officer (unspecified)
$18k
$20k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Secretary
officer (unspecified)
$11k
$12k
$10k
$11k
Vice-preside
vice president
$9k
$10k
Asst Secreta
officer (unspecified)
$8k
$9k
Director
board member
$8k
$9k
Director
board member
$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.

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.
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