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BLACK HILLS ELECTRIC COOPERATIVE INC
BLACK HILLS ELECTRIC COOPERATIVE INC
SD · EIN 460111503
21
Executives Disclosed
$25.8M
Annual Revenue
$82.4M
Total Assets
2.2:1
Internal Pay Ratio
BLACK HILLS ELECTRIC COOPERATIVE INC has 21 executives with disclosed compensation. The highest-paid executive, Jesse Sorenson (System Coordinator), received peak total compensation of $8,184,293.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Jesse Sorenson | System Coordinator | $8.2M | $231K | 2020–2024 | 109.1x |
| Jeff Barnes | IT Specialist | $7.3M | $195K | 2022–2024 | 97x |
| Walker Witt | CEO | $440K | $440K | 2020–2024 | 5.9x |
| Sammi Langendorf | CFO | $260K | $260K | 2020–2024 | 3.5x |
| Bill Brisk | Manger of Operations | $231K | $231K | 2020–2024 | 3.1x |
| Mike Chase | MNG OF MARKETING & MEMBER SERVICES | $207K | $207K | 2020–2020 | 2.8x |
| William Brisk | MNG of Operations | $197K | $197K | 2021–2021 | 2.6x |
| Michelle Fischer | Dir of Communications-Member Service | $196K | $196K | 2023–2024 | 2.6x |
| Dean Whitney | Crew Foreman | $186K | $181K | 2020–2024 | 2.5x |
| Beau Bradeen | Crew Foreman | $179K | $179K | 2022–2024 | 2.4x |
| Rory Halverson | Staking Tech | $175K | $175K | 2023–2024 | 2.3x |
| Gary Kluthe | Director | $28K | $0 | 2020–2024 | 0.4x |
| Al Perry | Former Director | $18K | $0 | 2020–2021 | 0.2x |
| Don Andersen | Board Secretary | $11K | $0 | 2021–2023 | 0.1x |
| Thad Wasson | Board Secretary | $10K | $0 | 2020–2024 | 0.1x |
| Jim Preston | Board President | $10K | $0 | 2020–2024 | 0.1x |
| Alan Bishop | Board Assistant Secretary | $9K | $0 | 2020–2024 | 0.1x |
| Don Anderson | Board Treasurer | $8K | $0 | 2020–2024 | 0.1x |
| Dennis Quivey | Director | $8K | $0 | 2020–2024 | 0.1x |
| David Lindblom | Board Vice President | $7K | $0 | 2021–2024 | 0.1x |
| Dave Lindblom | DIRECTOR | $4K | $0 | 2020–2020 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2020 | 14 | $92K | $331K | $1.3M |
| 2021 | 13 | $84K | $331K | $1.1M |
| 2022 | 14 | $109K | $365K | $1.5M |
| 2023 | 15 | $119K | $389K | $1.8M |
| 2024 | 16 | $130K | $440K | $2.1M |