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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 Mutual & Membership Benefit Southeastern Electric Cooperative Inc.

Southeastern Electric Cooperative Inc.

Fiscal year ending 2024. Filed on June 5, 2025.

47077 276th St
Lennox, South Dakota 57039

Southeastern Electric Cooperative Inc. (EIN: 46-0454373) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Southeastern Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 71 total employees. Among the employees shown here, the average compensation is $246,204. The highest compensated employee at Southeastern Electric Cooperative Inc. is Chad Kinsley with fiscal year 2024 compensation of $384,349.

Revenue, expenses, and employee compensation

Revenue

$87,619,989

Expenses

$87,619,989

Employee compensation

$8,252,800
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad Kinsley
Chief Executive Officer
$384,349
$327,102 No related comp$57,247
John Euchner
Vice President of Operations and Engineering
$289,426
$185,992 No related comp$103,434
Troy Peters
Line Superintendent
$280,137
$153,745 No related comp$126,392
Todd Nelson
Vice President, Information Technology
$226,781
$169,667 No related comp$57,114
Jon Wunder
Chief Financial Officer
$216,324
$158,959 No related comp$57,365
Adam Stark
Line Superintendent
$206,467
$137,800 No related comp$68,667
Robert Dubbelde
Line Superintendent
$183,609
$140,578 No related comp$43,031
Robert Kalda
Line Superintendent
$182,535
$133,929 No related comp$48,606

Benchmark Employee Compensation

Non-Employee Board Members

Donovan Kost
Director
$17,405
$17,405 No related compNo other comp
Johnathan Wildeboer
Secretary
$15,155
$15,155 No related compNo other comp
John Ostraat
Director
$14,605
$14,605 No related compNo other comp
Robert Wollmann
Vice President
$13,780
$13,780 No related compNo other comp
Steve Holmberg
President
$13,230
$13,230 No related compNo other comp
Don Heeren
Director
$12,530
$12,530 No related compNo other comp
Chris Hofer
Director
$11,880
$11,880 No related compNo other comp
Daryl Terveen
Treasurer
$11,205
$11,205 No related compNo other comp
Carlos Hofer
Director
$10,855
$10,855 No related compNo other comp

Contractors

Dave's Construction Inc.
Utility Construction
$2,470,382
Jans Corporation
General Contractor
$904,032
Dewild Grant Reckert & Associates
Engineering
$195,298
Summit Utility Services LLC
Locating
$136,133
Friest Tree Experts
Tree Trimming
$120,192

Mission Statement

MEMBER FOCUSED. MEMBER DRIVEN. AS A NON-PROFIT ELECTRIC COOPERATIVE, WE ARE HERE TO SERVE THE MEMBERS OF THE COOPERATIVE WITH RELIABLE, QUALITY AND AFFORDABLE ELECTRIC SERVICE AND TO DO THAT WE ARE FOCUSED ON THEIR NEEDS AND DESIRES.

Revisions to this organization profile

June 5, 2025:
2024 Southeastern Electric Cooperative Inc. 990 filed
July 22, 2024:
2023 Southeastern Electric Cooperative Inc. 990 filed
July 31, 2023:
2022 Southeastern Electric Cooperative Inc. 990 filed

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