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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 2023. Filed on July 22, 2024.

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 2023 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 73 total employees. Among the employees shown here, the average compensation is $231,544. The highest compensated employee at Southeastern Electric Cooperative Inc. is Brad Schardin with fiscal year 2023 compensation of $347,894.

Revenue, expenses, and employee compensation

Revenue

$81,602,377

Expenses

$81,602,377

Employee compensation

$7,967,831
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brad Schardin
General Manager - Until 09/2023
$347,894
$315,625 No related comp$32,269
John Euchner
Manager of Operating and Engineering
$272,145
$179,095 No related comp$93,050
Troy Peters
Line Superintendent
$253,718
$137,614 No related comp$116,104
Robert Kalda
Line Superintendent
$246,318
$126,079 No related comp$120,239
Todd Nelson
Member Services and IT Manager
$215,490
$162,189 No related comp$53,301
Jon Wunder
Chief Financial Officer
$201,553
$147,341 No related comp$54,212
Adam Stark
Line Superintendent
$192,443
$128,229 No related comp$64,214
Chad Kinsley
CEO - Began 07/2023
$180,934
$168,327 No related comp$12,607
Robert Dubbelde
Line Superintendent
$173,400
$127,155 No related comp$46,245

Benchmark Employee Compensation

Non-Employee Board Members

Don Heeren
President
$23,380
$23,380 No related compNo other comp
Robert Wollmann
Director
$17,930
$17,930 No related compNo other comp
Daryl Terveen
Treasurer
$17,830
$17,830 No related compNo other comp
Steve Holmberg
Vice President
$17,630
$17,630 No related compNo other comp
John Ostraat
Director
$15,980
$15,980 No related compNo other comp
Carlos Hofer
Director
$14,955
$14,955 No related compNo other comp
Johnathan Wildeboer
Secretary
$13,255
$13,255 No related compNo other comp
Chris Hofer
Director
$12,355
$12,355 No related compNo other comp
Donovan Kost
Director - Began 06/2023
$8,905
$8,905 No related compNo other comp

Contractors

Jans Corporation
General Contractor
$3,424,177
Dave's Construction Inc.
Utility Construction
$3,248,404
Summit Utility Services LLC
Locating
$175,246
Friest Tree Experts
Tree Trimming
$129,584
Dewild Grant Reckert & Associates
Engineering
$107,611

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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