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Filing year 2024

H-D ELECTRIC COOPERATIVE INC

Clear Lake, South Dakota·EIN 46-0212565·501(c)(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 · Part VII & Schedule J · 17 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
$299k
$321k
Base
$180k
Bonus
$706
Other
$11k
Benefits
$29k
Operations Manager
Above 90th percentile
$246k
$265k
Base
$140k
Bonus
$706
Other
$15k
Benefits
$29k
Finance Admin Manager
Finance Manager
Above 90th percentile
$221k
$238k
Base
$134k
Bonus
$706
Other
$7k
Benefits
$29k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$188k
$203k
Base
$104k
Bonus
$706
Other
$5k
Benefits
$29k
Member Service Manager
Highest Compensated Employee
Median to 75th percentile
$178k
$191k
Base
$109k
Bonus
$706
Other
$6k
Benefits
$29k
Lead Lineman
Highest Compensated Employee
Median to 75th percentile
$176k
$189k
Base
$103k
Bonus
$706
Other
$9k
Benefits
$29k
Lead Lineman
Highest Compensated Employee
25th percentile to median
$155k
$167k
Base
$106k
Bonus
$706
Other
$3k
Benefits
$29k
Engineer
Highest Compensated Employee
25th percentile to median
$135k
$145k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$12k
$13k
Director-treasurer
Board Member
25th percentile to median
$12k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$10k
Director-vice President
Board President
25th percentile to median
$8k
$9k
Director-secretary
Board Member
25th percentile to median
$7k
$8k
Director-president
Board President
25th percentile to median
$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.

Pay for the position

General Manager pay rose 12% from 2023 to 2024, while revenue rose 9%.

$267k in 2023 to $299k in 2024.
  • Operations Manager pay rose 16% from 2023 to 2024.
  • Finance Manager pay rose 19% 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

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.
FAQ

Common questions about H-D ELECTRIC COOPERATIVE INC

What does the General Manager of H-D ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of H-D ELECTRIC COOPERATIVE INC received $298,686 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 H-D ELECTRIC COOPERATIVE INC compare with similar nonprofits?

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

What are H-D ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, H-D ELECTRIC COOPERATIVE INC reported $15.3M in total revenue and $15.3M in total expenses on its IRS Form 990.

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