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Organizations H-D Electric Cooperative Inc.

H-D Electric Cooperative Inc.

Fiscal year ending 2022. Filed on May 4, 2023.

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 2022 IRS Form 990 filing, H-D Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 23 total employees. Among the employees shown here, the average compensation is $183,930. The highest compensated employee at H-D Electric Cooperative Inc. is Matthew Hotzler with fiscal year 2022 compensation of $271,135.

Revenue, expenses, and employee compensation

Revenue

$13,935,647

Expenses

$13,935,647

Employee compensation

$1,932,660
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Hotzler
General Manager
$271,135
$166,969 No related comp$104,166
Troy Kwasniewski
Operations Manager
$206,196
$124,842 No related comp$81,354
Kevin Holida
Lead Lineman
$183,740
$118,649 No related comp$65,091
Annette Aberle
Finance Admin MGR
$176,766
$106,620 No related comp$70,146
Thomas Lundberg
Member Service Manager
$165,395
$100,919 No related comp$64,476
Joseph Raml
Lead Lineman
$158,539
$109,958 No related comp$48,581
Derek Bille
Lineman
$125,736
$100,953 No related comp$24,783

Benchmark Employee Compensation

Non-Employee Board Members

Dale Williams
Board Member
$8,865
$8,865 No related compNo other comp
Steven Hansen
Board Treasurer
$7,365
$7,365 No related compNo other comp
Roxanne Bass
Board Secretary
$6,740
$6,740 No related compNo other comp
Casper Niemann
Board Member
$6,490
$6,490 No related compNo other comp
Kevin Deboer
Board Member
$5,365
$5,365 No related compNo other comp
Todd Moritz
Board Member
$4,240
$4,240 No related compNo other comp
Terry Strohfus
Board Vice President
$4,115
$4,115 No related compNo other comp
Laurie Seefeldt
Board Member
$3,240
$3,240 No related compNo other comp
Bert Rogness
Board President
$3,240
$3,240 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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