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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 Clay-Union Electric Corporation

Clay-Union Electric Corporation

Fiscal year ending 2024. Filed on July 24, 2025.

Box 317
Vermillion, South Dakota 57069

Clay-Union Electric Corporation (EIN: 46-0120430) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Clay-Union Electric Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 16 total employees. Among the employees shown here, the average compensation is $177,755. The highest compensated employee at Clay-Union Electric Corporation is Christopher Larson with fiscal year 2024 compensation of $254,609.

Revenue, expenses, and employee compensation

Revenue

$10,561,301

Expenses

$10,405,619

Employee compensation

$1,805,095
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Christopher Larson
General Manager
$254,609
$144,107 No related comp$110,502
Mike Kruse
Operations Manager
$156,111
$112,715 No related comp$43,396
Beth Bottolfson
Finance Manager
$153,171
$110,259 No related comp$42,912
Alan Gauer
Crew Foreman
$147,130
$105,888 No related comp$41,242

Benchmark Employee Compensation

Non-Employee Board Members

Michael Slattery
Treasurer
$7,531
$7,531 No related compNo other comp
Chris Kinney
Vice President
$6,970
$6,970 No related compNo other comp
Tom Larsen
President
$6,017
$6,017 No related compNo other comp
James Ryken
Secretary
$4,725
$4,725 No related compNo other comp
Sara Schulte
Assistant Secretary FROM 09/2024
$1,497
$1,497 No related compNo other comp
Gary Glover
Assistant Secretary Until 4/2024
$1,427
$1,427 No related compNo other comp

Mission Statement

TO PROVIDE SAFE, RELIABLE AND AFFORDABLE ELECTRIC SERVICE FOR OUR MEMBERS NOW AND INTO THE FUTURE.

Revisions to this organization profile

July 24, 2025:
2024 Clay-Union Electric Corporation 990 filed
July 10, 2024:
2023 Clay-Union Electric Corporation 990 filed
August 23, 2023:
2022 Clay-Union Electric Corporation 990 filed

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