Overview
What is H-D Electric Cooperative Inc?
H-D Electric Cooperative Inc is a nonprofit organization based in Clear Lake, South Dakota. They provide electric service to approximately 2,924 members and connected 45 new services. Their mission is to safely deliver high-quality and reliable electric service at the best possible value to their members. With a commitment to enhancing the quality of life for their members, employees, and communities, they construct, maintain, and retire overhead and underground electric lines. Their team consists of 23 dedicated individuals.
Official website here: www.h-delectric.coop
Is H-D Electric Cooperative Inc legitimate?
H-D Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. H-D Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $481,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,322
For more financial information, click here
Official website here: www.h-delectric.coop
What is the mission statement of H-D Electric Cooperative Inc?
H-D Electric Cooperative Inc is dedicated to delivering safe, reliable, and high-quality electric service to its members at the best possible value. The cooperative is committed to enhancing the quality of life for its members, employees, and communities. In the past year, they provided electric service to approximately 2,924 members and connected 45 new services. Additionally, they constructed, retired, and maintained both overhead and underground electric lines to ensure consistent power supply. H-D Electric Cooperative Inc's mission goes beyond just providing electricity; it aims to make a positive impact on the lives of those it serves.
Official website here: www.h-delectric.coop
Who is the CEO of H-D Electric Cooperative Inc?
Matthew A Hotzler is the General Manager of H-D Electric Cooperative Inc.
Official website here: www.h-delectric.coop
What is the revenue of H-D Electric Cooperative Inc?
H-D Electric Cooperative Inc's revenue in 2022 was $13,935,647.
Official website here: www.h-delectric.coop
Who are the executives of H-D Electric Cooperative Inc and what are their salaries?
The average compensation at H-D Electric Cooperative Inc during 2022 was $44,190. There are 23 employees at H-D Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Matthew Hotzler (General Manager)
- Troy Kwasniewski (Operations Manager)
- Kevin Holida (Lead Lineman)
- Annette Aberle (Finance Admin Mgr)
- Thomas Lundberg (Member Service Manager)
- Joseph Raml (Lead Lineman)
- Derek Bille (Lineman)
- Dale Williams (Board Director)
- Steven Hansen (Board Treasurer) [Trustee/Director]
- Roxanne Bass (Board Secretary) [Trustee/Director]
- Casper Niemann (Board Director)
- Kevin Deboer (Board Director)
- Todd Moritz (Board Director)
- Terry Strohfus (Board Vice President) [Trustee/Director]
- Laurie Seefeldt (Board Director)
- Bert Rogness (Board President) [Trustee/Director]
Official website here: www.h-delectric.coop
Where can I find the form 990 for H-D Electric Cooperative Inc?
The H-D Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.h-delectric.coop
Learn more at the official website: www.h-delectric.coop
Mission Statement of H-D Electric Cooperative Inc
H-D Electric Cooperative Inc, a dedicated provider of electric services, is committed to enhancing the quality of life for its members, employees, and communities. With a mission to safely deliver high-quality, reliable, and affordable electric service, the cooperative goes above and beyond to ensure the satisfaction of its members.
The cooperative's efforts are focused on providing a safe and efficient electric service to approximately 2,924 members. Through constructing, retiring, and maintaining both overhead and underground electric lines, H-D Electric Cooperative Inc ensures that its members have access to a consistent power supply. In addition, the cooperative connects new services to keep up with the growing demand.
H-D Electric Cooperative Inc does not stop at just providing electric service; it is also committed to the well-being of its employees and the communities it serves. By focusing on safety in all aspects of its operations, the cooperative creates a positive impact on the lives of its members and employees. This commitment extends beyond the electric service, as the cooperative strives to contribute to the overall betterment of the communities it serves.
Impact
This information is meant to be a general summary of H-D Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
H-D Electric Cooperative Inc provides safe, reliable, high-quality electric service at the best value possible to its members in Clear Lake, SD. They have connected 45 new services and provided electric service to approximately 2,924 members. Additionally, they have constructed, retired, and maintained overhead and underground electric lines to ensure efficient service delivery. By doing so, H-D Electric Cooperative Inc plays a significant role in enhancing the quality of life for its members, employees, and communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$12,752,468
COOP CAPITAL CREDITS
Revenue
$1,035,757
Organization Details
Founding Year
1947
Phone
(605) 874-2171
Principal Officer
Matthew A Hotzler
Main Address
PO BOX 1007, CLEAR LAKE, SD, 57226
Website
www.h-delectric.coop
NTEE Category
Code: W80 - Public benefit
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