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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Butte Electric Cooperative Inc.

Butte Electric Cooperative Inc.

Fiscal year ending 2020. Filed on September 7, 2021.

PO Box 137
Newell, South Dakota 57760

Butte Electric Cooperative Inc. (EIN: 46-0115942) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Butte Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 3 out of 24 total employees. Among the employees shown here, the average compensation is $164,416. The highest compensated employee at Butte Electric Cooperative Inc. is John Lee with fiscal year 2020 compensation of $213,525.

Revenue, expenses, and employee compensation

Revenue

$8,815,429

Expenses

$7,814,436

Employee compensation

$2,033,077
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Lee
CEO / GEN MA
$213,525
$153,619 No related comp$59,906
Brett Fosheim
Operations Manager
$150,535
$114,658 No related comp$35,877
Darick Eisenbraun
Chief Financial Officer
$129,188
$89,479 No related comp$39,709

Benchmark Employee Compensation

Non-Employee Board Members

Cris Miller
President
$12,370
$12,370 No related compNo other comp
Thomas Brunner
Secretary
$11,158
$11,158 No related compNo other comp
Chandy Olson
Director
$10,715
$10,715 No related compNo other comp
Steve Smeenk
Director
$10,583
$10,583 No related compNo other comp
Dan Hefner
Assistant Secretary
$10,130
$10,130 No related compNo other comp
Dan Marrs
Vice President
$9,365
$9,365 No related compNo other comp
James Mortenson
Director
$8,855
$8,855 No related compNo other comp
Travis Schenk
Treasurer
$8,605
$8,605 No related compNo other comp
Thomas Casteel
Director
$7,079
$7,079 No related compNo other comp

Mission Statement

THE MISSION OF BUTTE ELECTRIC COOPERATIVE IS TO CONTINUALLY IMPROVE CUSTOMER SERVICES; PROVIDE SAFE, RELIABLE, AND COMPETITIVELY PRICED ELECTRICITY; AND CONTINUE TO LEAD IN DEVELOPING OUR COMMUNITIES FOR THE BENEFIT OF OUR MEMBERS.

Revisions to this organization profile

June 12, 2025:
2024 Butte Electric Cooperative Inc. 990 filed
September 11, 2024:
2023 Butte Electric Cooperative Inc. 990 filed
August 1, 2023:
2022 Butte Electric Cooperative Inc. 990 filed

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