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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 East River Electric Power Cooperative Inc.

East River Electric Power Cooperative Inc.

Fiscal year ending 2023. Filed on November 5, 2024.

211 S Harth Ave
132
Madison, South Dakota 57042

East River Electric Power Cooperative Inc. (EIN: 46-0225402) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, East River Electric Power Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 170 total employees. Among the employees shown here, the average compensation is $377,930. The highest compensated employee at East River Electric Power Cooperative Inc. is Robert Sahr with fiscal year 2023 compensation of $696,599.

Revenue, expenses, and employee compensation

Revenue

$356,938,059

Expenses

$356,938,059

Employee compensation

$21,990,382
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Sahr
Chief Executive Officer and General Manager
$696,599
$545,859 No related comp$150,740
Scott Shewey
Chief Financial Officer
$412,742
$337,928 No related comp$74,814
Elizabeth Avery Chief
Human Resources Officer
$372,588
$205,086 No related comp$167,502
Jeffrey May
Chief Information Officer
$360,852
$234,084 No related comp$126,768
Mark Hoffman
Chief Operating Officer
$346,298
$260,959 No related comp$85,339
Chris Studer Chief
Member and Public Relations
$302,258
$236,360 No related comp$65,898
Michael Jaspers
Business Development Director
$286,795
$230,291 No related comp$56,504
Daniel Brown
General Counsel
$245,305
$204,050 No related comp$41,255

Benchmark Employee Compensation

Non-Employee Board Members

Duane Wolbrink
Secretary
$18,932
$18,932 No related compNo other comp
Bert Rogness
Treasurer
$18,658
$18,658 No related compNo other comp
Darrel Raschke
Director
$18,121
$18,121 No related compNo other comp
Alan Hinderman
Director
$18,057
$18,057 No related compNo other comp
Darren Strasser
Director
$18,020
$18,020 No related compNo other comp
Gary Bachman
Director
$17,478
$17,478 No related compNo other comp
James Ryken
President
$17,249
$17,249 No related compNo other comp
Doug Diekmann
Director
$16,899
$16,899 No related compNo other comp
Jeff Hufford
Director
$16,581
$16,581 No related compNo other comp
Kirk Schaunaman
Director
$16,237
$16,237 No related compNo other comp
David Neugebauer
Director
$16,141
$16,141 No related compNo other comp
John Ostraat
Director
$15,682
$15,682 No related compNo other comp

Contractors

Highmark Erectors Inc.
Substation Construction
$5,618,249
Key Contracting Inc.
Transmission Line Construction
$3,879,047
Dgr Engineering
Engineering
$3,315,593
Puetz Corporation
Transmission Line Construction
$2,923,177
Karian Peterson Power Line
Transmission Line Construction
$2,672,949

Mission Statement

EAST RIVER ELECTRIC POWER COOPERATIVE EXISTS TO ENHANCE THE VALUE OF ITS MEMBERS.

Revisions to this organization profile

October 28, 2025:
2024 East River Electric Power Cooperative Inc. 990 filed
November 5, 2024:
2023 East River Electric Power Cooperative Inc. 990 filed
November 6, 2023:
2022 East River Electric Power Cooperative Inc. 990 filed

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