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SOUTHEASTERN ELECTRIC COOPERATIVE INC
SOUTHEASTERN ELECTRIC COOPERATIVE INC
SD · Mutual Benefit · EIN 460454373
25
Executives Disclosed
$87.6M
Annual Revenue
$265.1M
Total Assets
1.8:1
Internal Pay Ratio
SOUTHEASTERN ELECTRIC COOPERATIVE INC has 25 executives with disclosed compensation. The highest-paid executive, Chad Kinsley (CEO), received peak total compensation of $384,349. The sector average for Mutual Benefit executives is $194K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Chad Kinsley | CEO | $384K | $390K | 2023–2024 | 5.1x |
| Brad Schardin | GENERAL MANAGER - UNTIL 09/2023 | $348K | $352K | 2020–2023 | 4.6x |
| John Euchner | VP OF OPERATIONS & ENGINEERING | $289K | $293K | 2020–2024 | 3.9x |
| Troy Peters | LINE SUPERINTENDENT | $280K | $283K | 2020–2024 | 3.7x |
| Todd Nelson | VP OF INFORMATION TECHNOLOGY | $262K | $230K | 2020–2024 | 3.5x |
| Robert Kalda | LINE SUPERINTENDENT | $246K | $185K | 2023–2024 | 3.3x |
| Jon Wunder | CFO | $216K | $220K | 2021–2024 | 2.9x |
| Adam Stark | LINE SUPERINTENDENT | $206K | $209K | 2020–2024 | 2.8x |
| John McDonald | CFO/ASSISTANT MANAGER UNTIL 06/2021 | $202K | $160K | 2020–2021 | 2.7x |
| Robert Dubbelde | LINE SUPERINTENDENT | $184K | $186K | 2020–2024 | 2.4x |
| Bob Schrag | LINE SUPERINTENDENT | $170K | $173K | 2020–2022 | 2.3x |
| Jason Peterson | FOREMAN | $141K | $0 | 2022–2022 | 1.9x |
| Don Heeren | DIRECTOR | $23K | $0 | 2020–2024 | 0.3x |
| Robert Wollmann | VICE PRESIDENT | $18K | $0 | 2020–2024 | 0.2x |
| Carlos Hofer | DIRECTOR | $18K | $0 | 2021–2024 | 0.2x |
| Daryl Terveen | TREASURER | $18K | $0 | 2020–2024 | 0.2x |
| Steve Holmberg | PRESIDENT | $18K | $0 | 2020–2024 | 0.2x |
| Donovan Kost | DIRECTOR | $17K | $0 | 2023–2024 | 0.2x |
| John Ostraat | DIRECTOR | $16K | $0 | 2020–2024 | 0.2x |
| Johnathan Wildeboer | SECRETARY | $15K | $0 | 2020–2024 | 0.2x |
| Chris Hofer | DIRECTOR | $12K | $0 | 2020–2024 | 0.2x |
| Richard Olsen | DIRECTOR UNTIL 06/2021 | $10K | $0 | 2020–2021 | 0.1x |
| Ron Anderson | DIRECTOR FROM 06/2021 | $10K | $0 | 2021–2021 | 0.1x |
| Pat Scheier | DIRECTOR UNTIL 06/2021 | $7K | $0 | 2020–2021 | 0.1x |
| Leslie Mehlhaff | DIRECTOR UNTIL APRIL 2020 | $917 | $0 | 2020–2020 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2020 | 18 | $210K | $267K | $1.7M |
| 2021 | 20 | $206K | $269K | $1.6M |
| 2022 | 17 | $225K | $303K | $1.8M |
| 2023 | 18 | $234K | $352K | $2.1M |
| 2024 | 17 | $250K | $390K | $2.0M |
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