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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 2022. Filed on July 31, 2023.

PO Box 388
Marion, South Dakota 57043

Southeastern Electric Cooperative Inc. (EIN: 46-0454373) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2022 IRS Form 990 filing, Southeastern Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 68 total employees. Among the employees shown here, the average compensation is $213,228. The highest compensated employee at Southeastern Electric Cooperative Inc. is Brad Schardin with fiscal year 2022 compensation of $297,971.

Revenue, expenses, and employee compensation

Revenue

$76,912,343

Expenses

$76,912,343

Employee compensation

$7,359,570
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brad Schardin
Chief Executive Officer and General Manager
$297,971
$259,266 No related comp$38,705
John Euchner
Manager of Operating and Engineering
$278,185
$172,225 No related comp$105,960
Troy Peters
Line Superintendent
$265,580
$131,280 No related comp$134,300
Todd Nelson
Member Services and IT Manager
$208,658
$157,571 No related comp$51,087
Adam Stark
Line Superintendent
$197,176
$120,887 No related comp$76,289
Jon Wunder
Cfo/Assistant Manager
$195,935
$141,069 No related comp$54,866
Bob Schrag
Line Superintendent
$170,411
$129,253 No related comp$41,158
Robert Dubbelde
Line Superintendent
$163,790
$120,380 No related comp$43,410
Jason Peterson
Foreman
$141,348
$113,690 No related comp$27,658

Benchmark Employee Compensation

Non-Employee Board Members

Carlos Hofer
Director
$17,832
$17,832 No related compNo other comp
Robert Wollmann
Director
$17,532
$17,532 No related compNo other comp
Don Heeren
President
$13,807
$13,807 No related compNo other comp
Steve Holmberg
Vice President
$13,157
$13,157 No related compNo other comp
Daryl Terveen
Treasurer
$12,432
$12,432 No related compNo other comp
Johnathan Wildeboer
Secretary
$11,882
$11,882 No related compNo other comp
John Ostraat
Director
$11,032
$11,032 No related compNo other comp
Chris Hofer
Director
$9,207
$9,207 No related compNo other comp
Ron Anderson
Director (END 01/2022)
No compensation reported

Contractors

Dave's Construction Inc.
Utility Construction
$2,149,825
Jans Corporation
General Contractor
$942,000
Summit Utility Services LLC
Locating
$165,737
Friest Tree Experts
Tree Trimming
$130,463
Dewild Grant Reckert & Associates
Engineering
$110,574

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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