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Filing year 2024

CODINGTON-CLARK ELECTRIC COOPERATIVE

Watertown, South Dakota·EIN 46-0121065·12
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 · Schedule J · 13 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$277k
$298k
Base
$170k
Bonus
$203
Other
Benefits
$45k
Distribution System Manager
highest compensated employee
$163k
$176k
Base
$118k
Bonus
$217
Other
Benefits
$41k
Member Services Manager
highest compensated employee
$156k
$168k
Base
$110k
Bonus
$217
Other
Benefits
$40k
Crew Leader
highest compensated employee
$139k
$150k
Director
board member
$7k
$7k
Director
board member
$6k
$6k
Director
board member
$5k
$5k
Vice President
vice president
$5k
$5k
Secretary
officer (unspecified)
$5k
$5k
Director
board member
$4k
$4k
Treasurer
officer (unspecified)
$3k
$3k
Director
board member
$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.

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.
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