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Filing year 2024

CLAY-UNION ELECTRIC CORPORATION

Vermillion, South Dakota·EIN 46-0120430·12
Total revenue
$10.6M
Total assets
$45.2M
Total expenses
$10.4M
Reported officers
10
Mission

TO PROVIDE SAFE, RELIABLE AND AFFORDABLE ELECTRIC SERVICE FOR OUR MEMBERS NOW AND INTO THE FUTURE.

Executive compensation, broken down

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

General Manager
officer (unspecified)
$255k
$274k
Base
$144k
Bonus
Other
Benefits
$28k
Operations Manager
highest compensated employee
$156k
$168k
Base
$113k
Bonus
Other
Benefits
$29k
Finance Manager
highest compensated employee
$153k
$165k
Base
$110k
Bonus
Other
Benefits
$28k
Crew Foreman
highest compensated employee
$147k
$158k
Base
$106k
Bonus
Other
Benefits
$29k
Treasurer
officer (unspecified)
$8k
$8k
Vice President
vice president
$7k
$7k
Secretary
officer (unspecified)
$5k
$5k
Assistant Secretary From 09/2024
officer (unspecified)
$1k
$2k
Assistant Secretary Until 4/2024
officer (unspecified)
$1k
$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 3%
from 2023

From $247k in 2023 to $255k in 2024.

$247k
2023
$255k
2024
In today's dollarsEst.
Roughly flat in real terms$273k to $274k

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

CLAY-UNION ELECTRIC CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.8M
$9.8M
2023
$10.6M
$10.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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