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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 H-D Electric Cooperative Inc.

H-D Electric Cooperative Inc.

Fiscal year ending 2020. Filed on May 12, 2021.

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 2020 IRS Form 990 filing, H-D Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 31 total employees. Among the employees shown here, the average compensation is $174,663. The highest compensated employee at H-D Electric Cooperative Inc. is Matt Hotzler with fiscal year 2020 compensation of $226,765.

Revenue, expenses, and employee compensation

Revenue

$11,935,091

Expenses

$11,935,091

Employee compensation

$1,735,010
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matt Hotzler
General Manager
$226,765
$151,373 No related comp$75,392
Troy Kwasniewski
Operations Manager
$174,987
$111,201 No related comp$63,786
Annie Aberle
Finance Admin. MRG
$151,552
$95,715 No related comp$55,837
Tom Lundberg
Member Service Manager
$145,347
$92,675 No related comp$52,672

Benchmark Employee Compensation

Non-Employee Board Members

Kevin Deboer
Board Member
$6,365
$6,365 No related compNo other comp
Roxanne Bass
Board Secretary
$6,365
$6,365 No related compNo other comp
Steve Hansen
Board Treasurer
$5,865
$5,865 No related compNo other comp
Terry Strohfus
Board Vice President
$5,095
$5,095 No related compNo other comp
Dale Williams
Board Member
$4,615
$4,615 No related compNo other comp
Laurie Seefeldt
Board Member
$4,240
$4,240 No related compNo other comp
Bert Rogness
Board President
$3,990
$3,990 No related compNo other comp
Alvin Kangas
Board Member
$3,160
$3,160 No related compNo other comp
Casper Niemann
Board Member
$1,705
$1,705 No related compNo other comp
Todd Moritz
Board Member
$1,330
$1,330 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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