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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 Raft River Rural Electric Cooperative Inc.

Raft River Rural Electric Cooperative Inc.

Fiscal year ending 2024. Filed on May 28, 2025.

PO Box 617
Malta, Idaho 83342

Raft River Rural Electric Cooperative Inc. (EIN: 82-0157233) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Raft River Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 31 total employees. Among the employees shown here, the average compensation is $229,555. The highest compensated employee at Raft River Rural Electric Cooperative Inc. is Chad Black with fiscal year 2024 compensation of $332,400.

Revenue, expenses, and employee compensation

Revenue

$21,073,924

Expenses

$20,961,328

Employee compensation

$4,344,060
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad Black
General Manager
$332,400
$237,837 No related comp$94,563
Andrea Scott
Finance and Accounting Manager
$223,008
$156,389 No related comp$66,619
Richard Hall
Engineering Manager
$215,904
$143,246 No related comp$72,658
Tracy Bankhead
Line Foreman
$212,301
$146,290 No related comp$66,011
Kenneth Loughmiller
Line Foreman
$212,158
$146,150 No related comp$66,008
Eric Loock
Journeyman Lineman
$181,561
$142,131 No related comp$39,430

Benchmark Employee Compensation

Non-Employee Board Members

Robert Cottle
Secretary
$11,675
$11,675 No related compNo other comp
John Campbell
President
$9,925
$9,925 No related compNo other comp
Erik Spencer
Board Member
$9,300
$9,300 No related compNo other comp
Sherrie Erickson
Board Member
$8,300
$8,300 No related compNo other comp
Jason Harper
Vice President
$7,525
$7,525 No related compNo other comp
Shawn Burt
Board Member
$7,350
$7,350 No related compNo other comp
Lindsey Manning
Board Member
$5,250
$5,250 No related compNo other comp
Krinn McCoy
Board Member
$1,050
$1,050 No related compNo other comp

Mission Statement

TO ENHANCE THE LIVES OF OUR MEMBERS AND COMMUNITIES BY PROVIDING SAFE, RELIABLE, COST-EFFECTIVE ENERGY AND EXCEPTIONAL MEMBER SERVICE.

Revisions to this organization profile

May 28, 2025:
2024 Raft River Rural Electric Cooperative Inc. 990 filed
May 22, 2024:
2023 Raft River Rural Electric Cooperative Inc. 990 filed
June 29, 2023:
Amended (originally filed May 25, 2023)2022 Raft River Rural Electric Cooperative Inc. 990 filed

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