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RUSHMORE ELECTRIC POWER COOPERATIVE INC
RUSHMORE ELECTRIC POWER COOPERATIVE INC
SD · EIN 460226551
20
Executives Disclosed
$11.0M
Annual Revenue
$79.2M
Total Assets
1.6:1
Internal Pay Ratio
RUSHMORE ELECTRIC POWER COOPERATIVE INC has 20 executives with disclosed compensation. The highest-paid executive, Kory Hammerbeck (CEO/GENERAL), received peak total compensation of $353,416.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Kory Hammerbeck | CEO/GENERAL | $353K | $353K | 2016–2024 | 4.7x |
| Victor Simmons | GENERAL MAN | $308K | $308K | 2016–2021 | 4.1x |
| Cory Trapp | ENGINEERING | $270K | $270K | 2017–2024 | 3.6x |
| Matt Brunner | CMO | $232K | $232K | 2024–2024 | 3.1x |
| Marccharles Zautke | CIO | $217K | $217K | 2024–2024 | 2.9x |
| Michael Bowers | ENGIN. MGR | $210K | $210K | 2016–2019 | 2.8x |
| Marc Charles Zautke | CIO | $204K | $204K | 2017–2023 | 2.7x |
| Mark Miller | CFO | $191K | $191K | 2022–2024 | 2.5x |
| Todd Eliason | ASST GENERAL | $189K | $188K | 2016–2021 | 2.5x |
| Justin Brickner | SECRETARY | $11K | $0 | 2017–2024 | 0.1x |
| Tom Schlack | DIRECTOR | $10K | $0 | 2016–2024 | 0.1x |
| Jerry Hammerquist | DIRECTOR | $10K | $0 | 2016–2023 | 0.1x |
| Dwight Rossow | PRESIDENT | $9K | $0 | 2016–2024 | 0.1x |
| Paul Lawrence | DIRECTOR | $8K | $0 | 2016–2023 | 0.1x |
| Dave Lindblom | VICE PRESIDE | $7K | $0 | 2016–2024 | 0.1x |
| Richard Schneider | TREASURER | $7K | $0 | 2016–2017 | 0.1x |
| Jamie Lewis | DIRECTOR | $7K | $0 | 2023–2024 | 0.1x |
| Kerry McLellan | DIRECTOR | $7K | $0 | 2023–2024 | 0.1x |
| Dan Hefner | TREASURER | $6K | $0 | 2016–2024 | 0.1x |
| Mike McQuistion | DIRECTOR | $5K | $0 | 2016–2024 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 12 | $192K | $258K | $767K |
| 2017 | 15 | $189K | $256K | $947K |
| 2018 | 14 | $200K | $271K | $998K |
| 2019 | 12 | $211K | $278K | $843K |
| 2020 | 12 | $212K | $287K | $849K |
| 2021 | 13 | $210K | $308K | $1.1M |
| 2022 | 12 | $220K | $284K | $880K |
| 2023 | 14 | $241K | $324K | $965K |
| 2024 | 13 | $253K | $353K | $1.3M |
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