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Filing year 2024

WHETSTONE VALLEY ELECTRIC COOPERATIVE

Milbank, South Dakota·EIN 46-0205275·12
Total revenue
$12.6M
Total assets
$44.6M
Total expenses
$0
Reported officers
14
Mission

TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING THE HIGHEST LEVEL OF SERVICE, QUALITY AND VALUE IN ELECTRICITY, DISTRIBUTION AND SERVICES.

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
General Manager
officer (unspecified)
$293k
Operations Manager
highest compensated employee
$173k
Member Services Manager
highest compensated employee
$157k
Office Manager
highest compensated employee
$130k
Secretary
officer (unspecified)
$12k
Treasurer
officer (unspecified)
$12k
Director
board member
$11k
Director
board member
$9k
Vice President
vice president
$6k
Director
board member
$6k
Director
board member
$6k
Director (beg Mar)
board member
$6k
Director (end Mar)
board member
$696

Up 17%
from 2023

From $251k in 2023 to $293k in 2024.

$251k
2023
$293k
2024
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
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