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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 Whetstone Valley Electric Cooperative

Whetstone Valley Electric Cooperative

Fiscal year ending 2023. Filed on July 24, 2024.

PO Box 512
Milbank, South Dakota 57252

Whetstone Valley Electric Cooperative (EIN: 46-0205275) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Whetstone Valley Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 28 total employees. Among the employees shown here, the average compensation is $170,792. The highest compensated employee at Whetstone Valley Electric Cooperative is David Page with fiscal year 2023 compensation of $250,856.

Revenue, expenses, and employee compensation

Revenue

$11,531,166

Expenses

$11,425,521

Employee compensation

$2,417,825
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Page
General Manager
$250,856
$148,254 No related comp$102,602
Jonathan Christensen
Employee
$160,048
$106,047 No related comp$54,001
Mark Weber
Employee
$151,256
$107,488 No related comp$43,768
Bridget Anderson
Employee
$121,006
$105,284 No related comp$15,722

Benchmark Employee Compensation

Non-Employee Board Members

Joel Adler
Vice President
$11,795
$11,795 No related compNo other comp
Bill Tostenson
President
$11,024
$11,024 No related compNo other comp
Matt Cameron
Director (April-Dec)
$9,840
$9,840 No related compNo other comp
David Behrns
Director
$9,552
$9,552 No related compNo other comp
Krista Atyeo-Gortmaker
Treasurer
$8,693
$8,693 No related compNo other comp
Tom Berens
Director
$7,622
$7,622 No related compNo other comp
Paul Nelson
Director
$6,840
$6,840 No related compNo other comp
Scott Niedert
Director
$5,442
$5,442 No related compNo other comp
Dale Jensen
Director (Jan-Mar)
$4,893
$4,893 No related compNo other comp
Darren Strasser
Secretary
$4,608
$4,608 No related compNo other comp

Contractors

Engelstad Electric
Boring Trenching Plowing
$260,708

Mission Statement

TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING THE HIGHEST LEVEL OF SERVICE, QUALITY AND VALUE IN ELECTRICITY, DISTRIBUTION AND SERVICES.

Revisions to this organization profile

June 19, 2025:
2024 Whetstone Valley Electric Cooperative 990 filed
July 24, 2024:
2023 Whetstone Valley Electric Cooperative 990 filed
August 18, 2023:
2022 Whetstone Valley Electric Cooperative 990 filed

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