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Filing year 2024

H-D ELECTRIC COOPERATIVE INC

Clear Lake, South Dakota·EIN 46-0212565·12
Total revenue
$15.3M
Total assets
$50.3M
Total expenses
$15.3M
Reported officers
17
Mission

COMMITTED TO SAFELY ENHANCE THE QUALITY OF LIFE FOR OUR MEMBERS EMPLOYEES AND COMMUNITIES.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$299k
$321k
Base
$180k
Bonus
$706
Other
$11k
Benefits
$29k
Operations Manager
key employee
$246k
$265k
Base
$140k
Bonus
$706
Other
$15k
Benefits
$29k
Finance Admin Manager
officer (unspecified)
$221k
$238k
Base
$134k
Bonus
$706
Other
$7k
Benefits
$29k
Line Foreman
highest compensated employee
$188k
$203k
Base
$104k
Bonus
$706
Other
$5k
Benefits
$29k
Member Service Manager
highest compensated employee
$178k
$191k
Base
$109k
Bonus
$706
Other
$6k
Benefits
$29k
Lead Lineman
highest compensated employee
$176k
$189k
Base
$103k
Bonus
$706
Other
$9k
Benefits
$29k
Lead Lineman
highest compensated employee
$155k
$167k
Base
$106k
Bonus
$706
Other
$3k
Benefits
$29k
Engineer
highest compensated employee
$135k
$145k
Director
board member
$12k
$13k
Director
board member
$12k
$13k
Director-treasurer
board member
$12k
$12k
Director
board member
$11k
$12k
Director
board member
$10k
$11k
Director
board member
$10k
$10k
Director-vice President
board president
$8k
$9k
Director-secretary
board member
$7k
$8k
Director-president
board president
$7k
$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.

Up 12%
from 2023

From $267k in 2023 to $299k in 2024.

$267k
2023
$299k
2024
In today's dollarsEst.
Up 9% in real terms$295k to $321k

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

H-D ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.1M
$14.1M
2023
$15.3M
$15.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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