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Filing year 2024

RUSHMORE ELECTRIC POWER COOP

Rapid City, South Dakota·EIN 46-0226551·12
Total revenue
$11M
Total assets
$79.2M
Total expenses
$9.2M
Reported officers
13
Mission

WHOLESALE POWER SUPPLIER TO DISTRIBUTION COMPANY

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

Ceo/general
officer (unspecified)
$353k
$380k
Base
$258k
Bonus
Other
Benefits
$36k
Engineering
highest compensated employee
$270k
$290k
Base
$194k
Bonus
Other
Benefits
$32k
CMO
highest compensated employee
$232k
$250k
Base
$166k
Bonus
Other
Benefits
$30k
CIO
chief information officer
$217k
$233k
Base
$153k
Bonus
Other
Benefits
$29k
Base
$128k
Bonus
Other
Benefits
$32k
Secretary
officer (unspecified)
$9k
$10k
Director
board member
$8k
$9k
Director
board member
$7k
$8k
Director
board member
$7k
$8k
Vice Preside
vice president
$6k
$6k
Treasurer
officer (unspecified)
$6k
$6k
Director
board member
$5k
$5k

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 9%
from 2023

From $324k in 2023 to $353k in 2024.

$324k
2023
$353k
2024
In today's dollarsEst.
Up 6% in real terms$358k to $380k

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

RUSHMORE ELECTRIC POWER COOP reported revenue and expenses across 2 filing years.

RevenueExpenses
$12.4M
$8.6M
2023
$11M
$9.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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