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Filing year 2024

FARMERS EDUCATIONAL & COOPERATIVE

Huron, South Dakota·EIN 46-0132880·5
Total revenue
$4.5M
Total assets
$48.8M
Total expenses
$2.9M
Reported officers
10
Mission

OUR MISSION IS TO SUPPORT PROGRAMS AND ADVANCE EFFORTS THAT FURTHER ECONOMIC PROSPERITY AND CULTURAL VITALITY IN RURAL SOUTH DAKOTA.

Executive compensation, broken down

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

$209k
$225k
Base
$199k
Bonus
$6k
Other
Benefits
Secretary/tr
officer (unspecified)
$144k
$155k
Base
$112k
Bonus
Other
Benefits
Director
board member
$7k
$7k
Director
board member
$7k
$7k
Director
board member
$6k
$6k
Director
board member
$5k
$6k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
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 12%
from 2023

From $187k in 2023 to $209k in 2024.

$187k
2023
$209k
2024
In today's dollarsEst.
Up 9% in real terms$206k to $225k

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

FARMERS EDUCATIONAL & COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.9M
$2.7M
2023
$4.5M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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