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Filing year 2024

CHARLES MIX ELECTRIC ASSOCIATION INC

Lake Andes, South Dakota·EIN 46-0212103·12
Total revenue
$4.8M
Total assets
$36M
Total expenses
$5.1M
Reported officers
10
Mission

TO SERVE THE BEST INTERESTS OF OUR MEMBERS

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$257k
$276k
Base
$163k
Bonus
Other
Benefits
$42k
Member Services
highest compensated employee
$176k
$190k
Base
$101k
Bonus
Other
$2k
Benefits
$39k
Superintendent
highest compensated employee
$167k
$179k
Base
$113k
Bonus
Other
Benefits
$19k
Vice President
vice president
$9k
$10k
Secretary
officer (unspecified)
$8k
$9k
Director
board member
$8k
$8k
Director
board member
$7k
$8k
Director
board member
$7k
$7k
Director
board member
$6k
$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.

Down 2%
from 2023

From $261k in 2023 to $257k in 2024.

$261k
2023
$257k
2024
In today's dollarsEst.
Down 4% in real terms$288k to $276k

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

CHARLES MIX ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.3M
$5.1M
2023
$4.8M
$5.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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