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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 2023. Filed on August 7, 2024.

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 2023 IRS Form 990 filing, Grand Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 50 total employees. Among the employees shown here, the average compensation is $134,833. The highest compensated employee at Grand Electric Cooperative Inc. is Lyle Reiff with fiscal year 2023 compensation of $171,477.

Revenue, expenses, and employee compensation

Revenue

$13,787,062

Expenses

$13,377,762

Employee compensation

$5,258,613
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lyle Reiff
Manager-Telecom Operations
$171,477
$109,399 No related comp$62,078
Michael L Stadler
Manager-Electric Operations
$169,833
$109,054 No related comp$60,779
Riley Dalzell
Electric ARE Foreman
$144,379
$113,041 No related comp$31,338
Eric Kahler
General Manager
$139,409
$92,413 No related comp$46,996
Tanner Johnson
Lineman
$129,179
$104,014 No related comp$25,165
Jerry Swartz
Electric ARE Foreman
$127,537
$107,185 No related comp$20,352
Colgan Huber
Assistant GM (END 08/2023)
$104,632
$76,836 No related comp$27,796
Tori Kling
Director of Finance (BEG 08/2023)
$92,218
$68,073 No related comp$24,145

Benchmark Employee Compensation

Non-Employee Board Members

Robert Johnson
Director
$18,032
$18,032 No related compNo other comp
Ross Kopren
Vice President
$14,033
$14,033 No related compNo other comp
Eric Arneson
Director
$14,032
$14,032 No related compNo other comp
James Erk
Director
$13,532
$13,532 No related compNo other comp
John J Long
President
$13,033
$13,033 No related compNo other comp
Sharon Longwood
Secretary
$12,033
$12,033 No related compNo other comp
Reid Palmer
Director
$11,032
$11,032 No related compNo other comp
Lori Besler
Director
$11,032
$11,032 No related compNo other comp
Maxine Rasmussen
Treasurer
$8,033
$8,033 No related compNo other comp

Contractors

Cable Communication Services Inc.
Construction
$240,100
Boldt Power Inc.
Construction
$187,773

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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Moreau Grand Electric Cooperative
Timber Lake, South Dakota