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NORTHERN ELECTRIC COOPERATIVE

EIN: 46-0151015Bath, SDZIP: 57427
501(c)(12)

Mission

THE PURPOSE OF THE ORGANIZATION OF NORTHERN ELECTRIC COOPERATIVE INCORPORATED IS TO PROVIDE ITS MEMBERS WITH A DEPENDABLE QUALITY AND QUANTITY OF ELECTRICAL ENERGY AT THE LOWEST POSSIBLE RATES CONSISTENT WITH SOUND BUSINESS PRACTICES AND FINANCIAL FEASIBILITY AND TO PROVIDE SUCH OTHER SERVICES THAT WOULD BE DESIRABLE FOR THE BETTERMENT OF ITS MEMBERS.

Financials

YearRevenueExpensesAssets
2024$31.4M$0$117.4M
2023$30.3M$0$105.6M

Compensation

2024

CHARLENE HAGER
$164,980
$0
$6,722
$284,456
DEREK GORECKI
$129,967
$0
$1,679
$192,266
JEROME WEBER
$121,749
$0
$4,732
$188,864
RUSSEL ULMER
$125,258
$0
$1,582
$176,742
BENJAMIN PETERSON
$109,596
$0
$1,304
$167,699
MARTIN NEWMAN
$112,592
$0
$2,438
$150,542
LORISA RUDOLPH
$0
$0
$0
$131,129
TODD HETTICH
$0
$0
$0
$13,632
NOLAN WIPF
$0
$0
$0
$11,132
WILLIAM HANSEN
$0
$0
$0
$9,332
JOSH LARSON
$0
$0
$0
$9,082
KIRK SCHAUNAMAN
$0
$0
$0
$7,182
MIKE TRAXINGER
$0
$0
$0
$6,332
THOMAS LAMBERT
$0
$0
$0
$3,216
BRUCE SCHUMACHER JR
$0
$0
$0
$3,016

2023

CHARLENE HAGER
$159,781
$0
$6,485
$276,128
DEREK GORECKI
$125,844
$0
$1,622
$185,423
JEROME WEBER
$117,466
$0
$4,539
$182,225
RUSSEL ULMER
$121,047
$0
$1,525
$172,747
MARTIN NEWMAN
$0
$0
$0
$138,691
LORISA RUDOLPH
$0
$0
$0
$121,010
TODD HETTICH
$0
$0
$0
$5,232
NOLAN WIPF
$0
$0
$0
$4,932
FRAN ESSER
$0
$0
$0
$4,232
SCOTT SPERRY
$0
$0
$0
$3,932
KIRK SCHAUNAMAN
$0
$0
$0
$3,832
WILLIAM HANSEN
$0
$0
$0
$3,732
RONALD KAAZ
$0
$0
$0
$3,532
JOSH LARSON
$0
$0
$0
$3,232
MIKE TRAXINGER
$0
$0
$0
$2,832

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Data from IRS Form 990 filings (2023-2024).