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Filing year 2024

WEST RIVER ELECTRIC ASSN INC

Wall, South Dakota·EIN 46-0204517·12
Total revenue
$49M
Total assets
$179.3M
Total expenses
$48.6M
Reported officers
17
Mission

TO SERVE OUR MEMBERS BEST INTERESTS.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

CEO / General Manager
$535k
$575k
Base
$304k
Bonus
$500
Other
Benefits
$28k
CFO / Manager of Finance
$280k
$301k
Base
$160k
Bonus
$500
Other
$150
Benefits
$34k
Operations Manager
highest compensated employee
$243k
$262k
Base
$173k
Bonus
$500
Other
$150
Benefits
$33k
Manager of Communication
highest compensated employee
$214k
$230k
Base
$137k
Bonus
$500
Other
Benefits
$31k
Office Manager
highest compensated employee
$208k
$223k
Base
$142k
Bonus
$500
Other
$150
Benefits
$28k
Staking Foreman
highest compensated employee
$199k
$214k
Base
$138k
Bonus
$500
Other
Benefits
$31k
Journeyman Lineman
highest compensated employee
$168k
$180k
Base
$144k
Bonus
$500
Other
$150
Benefits
$14k
Treasurer
officer (unspecified)
$16k
$18k
$16k
$18k
Director
board member
$16k
$17k
Director
board member
$16k
$17k
$15k
$16k
Secretary
officer (unspecified)
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$13k
$14k
Director (end Oct)
board member
$12k
$13k
Director (beg Oct)
board member
$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.

Up 12%
from 2023

From $478k in 2023 to $535k in 2024.

$478k
2023
$535k
2024
In today's dollarsEst.
Up 9% in real terms$528k to $575k

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

WEST RIVER ELECTRIC ASSN INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$45.9M
$45.5M
2023
$49M
$48.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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