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Organizations H-D Electric Cooperative Inc.

H-D Electric Cooperative Inc.

Fiscal year ending 2024. Filed on April 21, 2025.

PO Box 1007
Clear Lake, South Dakota 57226

H-D Electric Cooperative Inc. (EIN: 46-0212565) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, H-D Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 26 total employees. Among the employees shown here, the average compensation is $199,759. The highest compensated employee at H-D Electric Cooperative Inc. is Matthew Hotzler with fiscal year 2024 compensation of $298,686.

Revenue, expenses, and employee compensation

Revenue

$15,320,505

Expenses

$15,320,505

Employee compensation

$2,119,841
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Hotzler
General Manager
$298,686
$191,119 No related comp$107,567
Troy Kwasniewski
Operations Manager
$246,134
$155,110 No related comp$91,024
Annette Aberle
Finance Admin Manager
$221,120
$140,955 No related comp$80,165
Todd Sprang
Line Foreman
$188,325
$110,031 No related comp$78,294
Thomas Lundberg
Member Service Manager
$177,907
$115,563 No related comp$62,344
Kevin Holida
Lead Lineman
$175,751
$112,539 No related comp$63,212
Joseph Raml
Lead Lineman
$155,436
$109,988 No related comp$45,448
Roger Cutshaw
Engineer
$134,716
$108,199 No related comp$26,517

Benchmark Employee Compensation

Non-Employee Board Members

Casper Niemann
Director
$12,350
$12,350 No related compNo other comp
Calvin Musch
Director
$11,700
$11,700 No related compNo other comp
Steve Hansen
Treasurer and Director
$11,550
$11,550 No related compNo other comp
Kevin Deboer
Director
$11,350
$11,350 No related compNo other comp
Todd Moritz
Director
$9,900
$9,900 No related compNo other comp
Dale Williams
Director
$9,500
$9,500 No related compNo other comp
Terry Strohfus
Vice President and Director
$8,200
$8,200 No related compNo other comp
Roxanne Bass
Secretary and Director
$7,350
$7,350 No related compNo other comp
Bert Rogness
President and Director
$6,700
$6,700 No related compNo other comp

Mission Statement

PROVIDE SAFE RELIABLE HIGH QUALITY ELECTRIC SERVICE AT THE BEST VALUE POSSIBLE TO OUR MEMBERS.

Revisions to this organization profile

April 21, 2025:
2024 H-D Electric Cooperative Inc. 990 filed
April 27, 2024:
2023 H-D Electric Cooperative Inc. 990 filed
May 4, 2023:
2022 H-D Electric Cooperative Inc. 990 filed

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