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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 Kingsbury Electric Cooperative Inc.

Kingsbury Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 6, 2025.

511 Hwy 14 W PO Box 126
DE Smet, South Dakota 57231

Kingsbury Electric Cooperative Inc. (EIN: 46-0215043) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Kingsbury Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 2 out of 13 total employees. Among the employees shown here, the average compensation is $138,830. The highest compensated employee at Kingsbury Electric Cooperative Inc. is Evan Buckmiller with fiscal year 2024 compensation of $180,235.

Revenue, expenses, and employee compensation

Revenue

$4,212,135

Expenses

$4,213,236

Employee compensation

$1,114,680
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Evan Buckmiller
General Manager
$180,235
$145,573 No related comp$34,662
Rachel Anderson
Chief Financial Officer
$97,425
$72,564 No related comp$24,861

Benchmark Employee Compensation

Non-Employee Board Members

Dean Bjorklund
President
$6,250
$6,250 No related compNo other comp
Greg Noem
Director
$5,250
$5,250 No related compNo other comp
Verne Jensen
Secretary and Treasurer
$5,000
$5,000 No related compNo other comp
Richard Abrahamson
Director
$4,750
$4,750 No related compNo other comp
Alan Vedvei
Vice President
$3,500
$3,500 No related compNo other comp
Gary Pastian
Director FROM 07/2024
$1,750
$1,750 No related compNo other comp
Dave Heller
Director Until 05/2024
$1,750
$1,750 No related compNo other comp

Contractors

Larson's Digging
Trenching
$196,033

Mission Statement

THE MISSION OF KINGSBURY ELECTRIC COOPERATIVE, INC. IS TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA AT THE LOWEST PRICE CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE; TO DEVELOP AND MAINTAIN A STRONG FINANCIAL STRUCTURE, PROVIDING ADEQUATE FUNDING AND CAPITAL TO COVER COOPERATIVE OBLIGATIONS AND FUTURE DEVELOPMENT; TO ADVISE AND INFORM MEMBERS AND EMPLOYEES OF COOPERATIVE DEVELOPMENTS AND OPERATIONS; AND TO PROVIDE FOR SAFE AND EFFICIENT OPERATIONS OF THE SYSTEM.

Revisions to this organization profile

November 6, 2025:
2024 Kingsbury Electric Cooperative Inc. 990 filed
November 1, 2024:
2023 Kingsbury Electric Cooperative Inc. 990 filed
October 3, 2023:
2022 Kingsbury Electric Cooperative Inc. 990 filed

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