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Filing year 2023

EAST RIVER ELECTRIC POWER COOPERATIVE INC

Madison, South Dakota·EIN 46-0225402·501(c)(12)
Total revenue
$356.9M
Total assets
$910.3M
Total expenses
$356.9M
Reported officers
31
Mission

EAST RIVER ELECTRIC POWER COOPERATIVE EXISTS TO ENHANCE THE VALUE OF ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 30 reported individuals · Filing year 2023

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

Ceo/general Manager
Officer (Unspecified)
$697k
$770k
Base
$537k
Bonus
Other
$9k
Benefits
$35k
Chief Financial Officer
Above 90th percentile
$413k
$456k
Base
$336k
Bonus
Other
$2k
Benefits
$23k
Human Resources Officer
Highest Compensated Employee
Above 90th percentile
$373k
$412k
Base
$201k
Bonus
Other
$4k
Benefits
$19k
Chief Information Officer
75th to 90th percentile
$361k
$399k
Base
$233k
Bonus
Other
$1k
Benefits
$16k
Chief Operations Officer
Key Employee
75th to 90th percentile
$346k
$383k
Base
$259k
Bonus
Other
$2k
Benefits
$33k
Member & Public Relations
Highest Compensated Employee
75th to 90th percentile
$302k
$334k
Base
$236k
Bonus
Other
$728
Benefits
$32k
Business Development Director
Above 90th percentile
$287k
$317k
Base
$229k
Bonus
Other
$1k
Benefits
$17k
General Counsel
Highest Compensated Employee
75th to 90th percentile
$245k
$271k
Base
$202k
Bonus
Other
$2k
Benefits
$14k
Secretary
Officer (Unspecified)
$19k
$21k
Treasurer
Officer (Unspecified)
$19k
$21k
Director
Board Member
Median to 75th percentile
$18k
$20k
Director
Board Member
Median to 75th percentile
$18k
$20k
Director
Board Member
Median to 75th percentile
$18k
$20k
Director
Board Member
Median to 75th percentile
$17k
$19k
President
10th to 25th percentile
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$15k
$17k
Director
Board Member
25th percentile to median
$15k
$17k
Vice President
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Director (end 08/2023)
Board Member
25th percentile to median
$9k
$10k
Director (beg 09/2023)
Board Member
25th percentile to median
$6k
$7k

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.

Plus 1 unpaid individual.

FAQ

Common questions about EAST RIVER ELECTRIC POWER COOPERATIVE INC

What does the Chief Financial Officer of EAST RIVER ELECTRIC POWER COOPERATIVE INC earn?

In 2023, the Chief Financial Officer of EAST RIVER ELECTRIC POWER COOPERATIVE INC received $412,742 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at EAST RIVER ELECTRIC POWER COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at EAST RIVER ELECTRIC POWER COOPERATIVE INC falls in the top 10%.

What are EAST RIVER ELECTRIC POWER COOPERATIVE INC's revenue and expenses?

In 2023, EAST RIVER ELECTRIC POWER COOPERATIVE INC reported $356.9M in total revenue and $356.9M in total expenses on its IRS Form 990.

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