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Filing year 2023

KINGSBURY ELECTRIC COOPERATIVE INC

De Smet, South Dakota·EIN 46-0215043·501(c)(12)
Total revenue
$3.8M
Total assets
$12M
Total expenses
$3.8M
Reported officers
8
Mission

THE MISSION OF KINGSBURY ELECTRIC COOPERATIVE, INC. IS TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA AT THE LOWEST PRICE CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE; TO DEVELOP AND MAINTAIN A STRONG FINANCIAL STRUCTURE, PROVIDING ADEQUATE FUNDING AND CAPITAL TO COVER COOPERATIVE OBLIGATIONS AND FUTURE DEVELOPMENT; TO ADVISE AND INFORM MEMBERS AND EMPLOYEES OF COOPERATIVE DEVELOPMENTS AND OPERATIONS; AND TO PROVIDE FOR SAFE AND EFFICIENT OPERATIONS OF THE SYSTEM.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

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

General Manager
25th percentile to median
$170k
$188k
Base
$137k
Bonus
Other
Benefits
$19k
Accountant
Officer (Unspecified)
$82k
$90k
Director
Board Member
25th percentile to median
$5k
$5k
Vice President
10th to 25th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
President
Below 10th percentile
$4k
$4k
Secretary/treasurer
Officer (Unspecified)
$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.

FAQ

Common questions about KINGSBURY ELECTRIC COOPERATIVE INC

What does the General Manager of KINGSBURY ELECTRIC COOPERATIVE INC earn?

In 2023, the General Manager of KINGSBURY ELECTRIC COOPERATIVE INC received $170,296 in total compensation. This pay is below the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at KINGSBURY ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at KINGSBURY ELECTRIC COOPERATIVE INC falls between the 25th percentile and the median.

What are KINGSBURY ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2023, KINGSBURY ELECTRIC COOPERATIVE INC reported $3.8M in total revenue and $3.8M in total expenses on its IRS Form 990.

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