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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 Northern Electric Cooperative

Northern Electric Cooperative

Fiscal year ending 2022. Filed on July 19, 2023.

PO Box 457
Bath, South Dakota 57427

Northern Electric Cooperative (EIN: 46-0151015) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Northern Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 42 total employees. Among the employees shown here, the average compensation is $172,385. The highest compensated employee at Northern Electric Cooperative is Charlene Hager with fiscal year 2022 compensation of $276,713.

Revenue, expenses, and employee compensation

Revenue

$30,719,297

Expenses

$30,719,297

Employee compensation

$4,244,528
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charlene Hager
Chief Executive Officer and General Manager
$276,713
$157,875 No related comp$118,838
Martin Newman
Line Foreman
$208,135
$110,430 No related comp$97,705
Derek Gorecki
IT Manager
$192,476
$120,165 No related comp$72,311
Russ Ulmer
Member Services Manager
$182,018
$108,315 No related comp$73,703
Jerry Weber
Operations Manager
$176,945
$113,938 No related comp$63,007
Ben Peterson
Line Foreman
$164,411
$108,021 No related comp$56,390
Lorisa Rudolph - Joined 22022
Chief Financial Officer
$91,289
$69,210 No related comp$22,079
Cathi Podoll - Left 72022
Chief Financial Officer
$87,093
$75,761 No related comp$11,332

Benchmark Employee Compensation

Non-Employee Board Members

Ronald Kaaz
Secretary
$5,033
$5,000 No related comp$33
Todd Hettich
Vice President and Director
$4,833
$4,800 No related comp$33
Donna Sharp - Left 92022
President
$4,424
$4,400 No related comp$24
Kirk Schaunaman
Director
$4,032
$4,000 No related comp$32
Josh Larson
Treasurer
$3,932
$3,900 No related comp$32
Mike Traxinger
Director
$3,632
$3,600 No related comp$32
Nolan Wipf
President and Vice President
$3,433
$3,400 No related comp$33
Fran Esser
Director
$3,332
$3,300 No related comp$32
William Hansen - Joined 52022
Director
$2,819
$2,800 No related comp$19
Scott Sperry - Joined 92022
Director
$1,108
$1,100 No related comp$8
Jeff Vanderwal - Left 32022
Director
$608
$600 No related comp$8

Contractors

Schmidt Construction Inc.
Plowing and Trenching
$382,226
Treeline Tree Service Inc.
Tree Trimming
$233,434
Larson Digging Inc.
Plowing and Trenching
$174,262
K & H Electric
Plowing and Trenching
$163,315
Power System Engineering Inc.
Engineering
$116,001

Mission Statement

THE PURPOSE OF THE ORGANIZATION OF NORTHERN ELECTRIC COOPERATIVE INCORPORATED IS TO PROVIDE ITS MEMBERS WITH A DEPENDABLE QUALITY AND QUANTITY OF ELECTRICAL ENERGY AT THE LOWEST POSSIBLE RATES CONSISTENT WITH SOUND BUSINESS PRACTICES AND FINANCIAL FEASIBILITY AND TO PROVIDE SUCH OTHER SERVICES THAT WOULD BE DESIRABLE FOR THE BETTERMENT OF ITS MEMBERS.

Revisions to this organization profile

June 27, 2025:
2024 Northern Electric Cooperative 990 filed
July 24, 2024:
2023 Northern Electric Cooperative 990 filed
July 19, 2023:
2022 Northern Electric Cooperative 990 filed

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