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Filing year 2024

CHERRY TODD ELECTRIC COOPERATIVE INC

Mission, South Dakota·EIN 46-0252750·12
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 · Schedule J · 15 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$329k
$354k
Base
$217k
Bonus
Other
$8k
Benefits
$38k
Line Superintendent
highest compensated employee
$180k
$194k
Base
$115k
Bonus
Other
$358
Benefits
$37k
Member Services
highest compensated employee
$176k
$189k
Base
$112k
Bonus
Other
$312
Benefits
$37k
Crew Chief
highest compensated employee
$175k
$188k
Base
$114k
Bonus
Other
$1k
Benefits
$39k
Lineman
highest compensated employee
$173k
$186k
Base
$108k
Bonus
Other
$401
Benefits
$36k
Crew Chief
highest compensated employee
$172k
$185k
Base
$118k
Bonus
Other
$296
Benefits
$36k
Director/secretary (beg Sep)
officer (unspecified)
$10k
$11k
Vice President
vice president
$8k
$9k
Treasurer
officer (unspecified)
$6k
$6k
Director (end Sep)
board member
$5k
$5k
Secretary/director (beg Sep)
officer (unspecified)
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$3k
$3k
Director (beg Sep)
board member
$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.

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.
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