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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 Grand Electric Cooperative Inc.

Grand Electric Cooperative Inc.

Fiscal year ending 2024. Filed on July 31, 2025.

PO Box 39
Bison, South Dakota 57620

Grand Electric Cooperative Inc. (EIN: 46-0221377) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Grand Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 49 total employees. Among the employees shown here, the average compensation is $154,898. The highest compensated employee at Grand Electric Cooperative Inc. is Lyle Reiff with fiscal year 2024 compensation of $182,244.

Revenue, expenses, and employee compensation

Revenue

$13,831,171

Expenses

$13,382,085

Employee compensation

$5,382,965
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lyle Reiff
Manager-Telecom Operations
$182,244
$109,801 No related comp$72,443
Michael L Stadler
Manager-Electric Operation
$179,505
$115,306 No related comp$64,199
Luke M Clements
Lineman
$170,697
$113,909 No related comp$56,788
Eric Kahler
General Manager
$166,065
$107,351 No related comp$58,714
Riley Dalzell
Electric AREA Foreman
$152,429
$118,160 No related comp$34,269
Jerry J Swartz
Electric AREA Foreman
$136,488
$114,031 No related comp$22,457
Tori Kling
Finance Director
$96,861
$70,860 No related comp$26,001

Benchmark Employee Compensation

Non-Employee Board Members

Ross Kopren
Vice President
$13,032
$13,032 No related compNo other comp
Robert Johnson
Director
$12,032
$12,032 No related compNo other comp
Eric Arneson
Director
$11,032
$11,032 No related compNo other comp
James Erk
Director
$11,032
$11,032 No related compNo other comp
John J Long
President
$10,532
$10,532 No related compNo other comp
Lori Besler
Director
$9,032
$9,032 No related compNo other comp
Maxine Rasmussen
Treasurer
$7,532
$7,532 No related compNo other comp
Reggie Kennedy
Director (BEG June)
$7,516
$7,516 No related compNo other comp
Sharon Longwood
Secretary
$6,532
$6,532 No related compNo other comp
Reid Palmer
Director (END June)
$4,016
$4,016 No related compNo other comp

Contractors

Boldt Power Inc.
Construction
$303,256
Keller Constructions LLC
Construction
$172,158

Mission Statement

GRAND ELECTRIC IS COMMITTED TO PROVIDE OUR MEMBERS AND EMPLOYEES WITH SOUND FINANCIAL MANAGEMENT, RELIABLE ENERGY AND SAFETY AS OUR HIGHEST PRIORITY.

Revisions to this organization profile

July 31, 2025:
2024 Grand Electric Cooperative Inc. 990 filed
August 7, 2024:
2023 Grand Electric Cooperative Inc. 990 filed
September 28, 2023:
2022 Grand Electric Cooperative Inc. 990 filed

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Timber Lake, South Dakota