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SOUTH DAKOTA RURAL ELECTRIC ASSOCIATION INC

SD · EIN 460231254

63
Executives Disclosed
$3.6M
Annual Revenue
$2.5M
Total Assets
1.5:1
Internal Pay Ratio

SOUTH DAKOTA RURAL ELECTRIC ASSOCIATION INC has 63 executives with disclosed compensation. The highest-paid executive, Edward Anderson (GENERAL MANAGER (UNTIL 07/21)), received peak total compensation of $281,897.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Edward Anderson GENERAL MANAGER (UNTIL 07/21) $282K $0 2016–2021 3.8x
Steve Barnett GENERAL MANAGER $254K $256K 2022–2024 3.4x
Mark Patterson MGR. OF LOSS CONTROL SVCS. $171K $173K 2019–2024 2.3x
Joseph Denison CERTIFIED LOSS CONTROL PROFESSIONAL $149K $151K 2024–2024 2x
Travis Denison LOSS CONTROL PROFESSIONAL $130K $0 2021–2021 1.7x
Ed Anderson INTERIM GENERAL MANAGER (MAY - DECEMBER) $114K $0 2022–2022 1.5x
Trevor Jones GENERAL MANAGER $85K $0 2021–2022 1.1x
Steven Hansen DIRECTOR $13K $0 2016–2024 0.2x
Don Heeren PRESIDENT $12K $0 2016–2024 0.2x
Whitney Meek TREASURER $8K $0 2016–2024 0.1x
Robert Seyer DIRECTOR (LEFT 4/2023) $7K $0 2016–2023 0.1x
Bill Tostenson DIRECTOR $7K $0 2016–2024 0.1x
Jim Preston DIRECTOR $7K $0 2016–2024 0.1x
Richard Abrahamson SECRETARY $6K $0 2016–2024 0.1x
Kerry McLellan DIRECTOR $6K $0 2016–2024 0.1x
Thomas Brunner DIRECTOR $6K $0 2016–2024 0.1x
Garry Dearborn DIRECTOR UNTIL 11/20 $6K $0 2016–2020 0.1x
David Sternhagen DIRECTOR $6K $0 2016–2024 0.1x
Kermit Pearson DIRECTOR $6K $0 2016–2024 0.1x
Sam Schuman DIRECTOR $6K $0 2016–2024 0.1x
Tom Larsen DIRECTOR $6K $0 2016–2024 0.1x
Mark Hofer DIRECTOR $6K $0 2016–2018 0.1x
Rodney Tobin DIRECTOR $6K $0 2016–2024 0.1x
Nolan Wipf DIRECTOR $5K $0 2017–2024 0.1x
Dj Mertens DIRECTOR (ENDED SPETEMBER) $5K $0 2016–2022 0.1x
Ross Sperry DIRECTOR $5K $0 2016–2024 0.1x
Jerry Hammerquist DIRECTOR (LEFT 9/2023) $5K $0 2016–2023 0.1x
John Long VICE PRESIDENT $5K $0 2016–2024 0.1x
William Dailey DIRECTOR $5K $0 2016–2024 0.1x
Tom Thorpe DIRECTOR $5K $0 2020–2024 0.1x
Stan Anders DIRECTOR $5K $0 2016–2024 0.1x
Delbert Wendell DIRECTOR (ENDED SPETEMBER) $5K $0 2016–2022 0.1x
Dave Daniel DIRECTOR $5K $0 2021–2024 0.1x
Joel Baier DIRECTOR $5K $0 2016–2024 0.1x
Daniel Thyen DIRECTOR $5K $0 2018–2024 0.1x
Darren Strasser DIRECTOR (UNTIL 1/24) $5K $0 2020–2024 0.1x
Donovan Young Man DIRECTOR $4K $0 2016–2024 0.1x
Donita Loudner DIRECTOR $4K $0 2020–2024 0.1x
Ken Gillaspie DIRECTOR $4K $0 2016–2019 0.1x
Allan Kooima DIRECTOR UNTIL 03/21 $4K $0 2020–2021 0.1x
Rodney Moon DIRECTOR $4K $0 2023–2024 0.1x
Clint Clark DIRECTOR $4K $0 2023–2024 0x
Gerald Haupt DIRECTOR $3K $0 2016–2018 0x
Tostenson Bill DIRECTOR $3K $0 2019–2019 0x
Gail Kittelson DIRECTOR $3K $0 2016–2017 0x
Henning Hansen DIRECTOR $3K $0 2016–2018 0x
Mike McHugh DIRECTOR $3K $0 2016–2016 0x
Shad Riggle DIRECTOR (UNTIL 1/24) $3K $0 2022–2024 0x
Donita Loudner -Joined 32019 DIRECTOR $3K $0 2019–2019 0x
Ken Gillespie DIRECTOR UNTIL 10/20 $3K $0 2020–2020 0x
Robert Shaffer DIRECTOR $3K $0 2022–2024 0x
Rich Bendt DIRECTOR (AS OF 1/24) $3K $0 2024–2024 0x
Nicholas Nemec DIRECTOR $3K $0 2023–2024 0x
Todd Bushong DIRECTOR (ENDED SPETEMBER) $2K $0 2021–2022 0x
Donald Schurdevin DIRECTOR $2K $0 2016–2016 0x
Allan Kooima -Joined 72019 DIRECTOR $2K $0 2019–2019 0x
Steve Peterson DIRECTOR (LEFT 9/2023) $2K $0 2022–2023 0x
Gerald Haupt -Left 42019 DIRECTOR $2K $0 2019–2019 0x
Henning Hansen -Left 42019 DIRECTOR $2K $0 2019–2019 0x
Rodney Dement DIRECTOR (1/24-9/24) $1K $0 2024–2024 0x
Darrel Raschke DIRECTOR (AS OF 9/24) $1K $0 2024–2024 0x
Mark Hofer -Left 12019 DIRECTOR $1K $0 2019–2019 0x
Tom Thorpe -Joined 72019 DIRECTOR $1K $0 2019–2019 0x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 32 $182K $182K $182K
2017 31 $199K $199K $199K
2018 31 $210K $210K $210K
2019 35 $249K $249K $249K
2020 33 $218K $284K $436K
2021 35 $164K $164K $164K
2022 37 $171K $171K $171K
2023 35 $168K $174K $337K
2024 36 $194K $256K $581K
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