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Filing year 2024

CODINGTON-CLARK ELECTRIC COOPERATIVE

Watertown, South Dakota·EIN 46-0121065·501(c)(12)
Total revenue
$16.4M
Total assets
$61.7M
Total expenses
$16.4M
Reported officers
13
Mission

OUR PURPOSE IS TO PROVIDE ELECTRIC ENERGY TO THE MEMBERSHIP. WE WILL: PROVIDE EXEMPLARY PERSONAL SERVICE; PRUDENTLY MANAGE REVENUE AND EXPENSES; OPERATE AND MAINTAIN SAFE AND RELIABLE DISTRIBUTION FACILITIES; PROVIDE REASONABLY PRICED ELECTRIC ENERGY; ENHANCE COMMUNITY MEMBER RELATIONSHIPS; MAINTAIN A SAFE AND GRATIFYING WORK ENVIRONMENT FOR EMPLOYEES; AND EMBRACE CHANGE THAT BENEFITS THE MEMBERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 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
$277k
$298k
Base
$170k
Bonus
$203
Other
Benefits
$45k
Distribution System Manager
Highest Compensated Employee
25th percentile to median
$163k
$176k
Base
$118k
Bonus
$217
Other
Benefits
$41k
Member Services Manager
Highest Compensated Employee
25th percentile to median
$156k
$168k
Base
$110k
Bonus
$217
Other
Benefits
$40k
Crew Leader
Highest Compensated Employee
25th percentile to median
$139k
$150k
Director
Board Member
25th percentile to median
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Vice President
10th to 25th percentile
$5k
$5k
Secretary
Officer (Unspecified)
$5k
$5k
President
Below 10th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Treasurer
Officer (Unspecified)
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k

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 10%
from 2023

From $252k in 2023 to $277k in 2024.

$252k
2023
$277k
2024
In today's dollarsEst.
Up 7% in real terms$279k to $298k

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

General Manager pay rose 10% from 2023 to 2024, while revenue rose 8%.

$252k in 2023 to $277k in 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.
  • Board Member pay rose 35% 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

CODINGTON-CLARK ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.2M
$15.2M
2023
$16.4M
$16.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CODINGTON-CLARK ELECTRIC COOPERATIVE

What does the General Manager of CODINGTON-CLARK ELECTRIC COOPERATIVE earn?

In 2024, the General Manager of CODINGTON-CLARK ELECTRIC COOPERATIVE received $277,140 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 CODINGTON-CLARK ELECTRIC COOPERATIVE compare with similar nonprofits?

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

What are CODINGTON-CLARK ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, CODINGTON-CLARK ELECTRIC COOPERATIVE reported $16.4M in total revenue and $16.4M in total expenses on its IRS Form 990.

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