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Filing year 2024

RUSHMORE ELECTRIC POWER COOP

Rapid City, South Dakota·EIN 46-0226551·501(c)(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 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

Ceo/general
Officer (Unspecified)
$353k
$380k
Base
$258k
Bonus
Other
Benefits
$36k
Engineering
Highest Compensated Employee
75th to 90th percentile
$270k
$290k
Base
$194k
Bonus
Other
Benefits
$32k
CMO
Highest Compensated Employee
Median to 75th percentile
$232k
$250k
Base
$166k
Bonus
Other
Benefits
$30k
CIO
Chief Information Officer
Median to 75th percentile
$217k
$233k
Base
$153k
Bonus
Other
Benefits
$29k
CFO
75th to 90th percentile
$191k
$205k
Base
$128k
Bonus
Other
Benefits
$32k
Secretary
Officer (Unspecified)
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$9k
President
Below 10th percentile
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
Vice Preside
Vice President
10th to 25th percentile
$6k
$6k
Treasurer
Officer (Unspecified)
$6k
$6k
Director
Board Member
25th percentile to median
$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.

Pay for the position

Highest Compensated Employee pay rose 6% from 2023 to 2024, while revenue fell 11%.

$255k in 2023 to $270k in 2024.
  • Chief Information Officer pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay rose 5% 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

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.
FAQ

Common questions about RUSHMORE ELECTRIC POWER COOP

What does the Highest Compensated Employee of RUSHMORE ELECTRIC POWER COOP earn?

In 2024, the Highest Compensated Employee of RUSHMORE ELECTRIC POWER COOP received $269,674 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at RUSHMORE ELECTRIC POWER COOP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at RUSHMORE ELECTRIC POWER COOP falls between the 75th and 90th percentiles.

What are RUSHMORE ELECTRIC POWER COOP's revenue and expenses?

In 2024, RUSHMORE ELECTRIC POWER COOP reported $11M in total revenue and $9.2M in total expenses on its IRS Form 990.

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