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Filing year 2024

CHERRY TODD ELECTRIC COOPERATIVE INC

Mission, South Dakota·EIN 46-0252750·501(c)(12)
Total revenue
$16.6M
Total assets
$55.6M
Total expenses
$16.6M
Reported officers
15
Mission

THE PURPOSE IS TO DISTRIBUTE ELECTRICITY TO MEMBERS IN A SAFE, RELIABLE, COST EFFECTIVE MANNER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

General Manager
75th to 90th percentile
$329k
$354k
Base
$217k
Bonus
Other
$8k
Benefits
$38k
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$180k
$194k
Base
$115k
Bonus
Other
$358
Benefits
$37k
Member Services
Highest Compensated Employee
Median to 75th percentile
$176k
$189k
Base
$112k
Bonus
Other
$312
Benefits
$37k
Crew Chief
Highest Compensated Employee
Median to 75th percentile
$175k
$188k
Base
$114k
Bonus
Other
$1k
Benefits
$39k
Lineman
Highest Compensated Employee
Median to 75th percentile
$173k
$186k
Base
$108k
Bonus
Other
$401
Benefits
$36k
Crew Chief
Highest Compensated Employee
Median to 75th percentile
$172k
$185k
Base
$118k
Bonus
Other
$296
Benefits
$36k
Director/secretary (beg Sep)
Officer (Unspecified)
$10k
$11k
Vice President
25th percentile to median
$8k
$9k
Treasurer
Officer (Unspecified)
$6k
$6k
President
Below 10th percentile
$5k
$5k
Director (end Sep)
Board Member
25th percentile to median
$5k
$5k
Secretary/director (beg Sep)
Officer (Unspecified)
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director (beg Sep)
Board Member
10th to 25th percentile
$2k
$2k

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 21%
from 2023

From $273k in 2023 to $329k in 2024.

$273k
2023
$329k
2024
In today's dollarsEst.
Up 17% in real terms$301k to $354k

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

Highest Compensated Employee pay rose 6% from 2023 to 2024, while revenue rose 7%.

$170k in 2023 to $180k in 2024.
  • Chief Executive Officer pay fell 98% from 2023 to 2024.
  • Board Member pay fell 62% 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

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

RevenueExpenses
$15.4M
$15.4M
2023
$16.6M
$16.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CHERRY TODD ELECTRIC COOPERATIVE INC

What does the General Manager of CHERRY TODD ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of CHERRY TODD ELECTRIC COOPERATIVE INC received $329,068 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at CHERRY TODD ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at CHERRY TODD ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are CHERRY TODD ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, CHERRY TODD ELECTRIC COOPERATIVE INC reported $16.6M in total revenue and $16.6M in total expenses on its IRS Form 990.

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