Overview
What is South Dakota Rural Electric Association?
The South Dakota Rural Electric Association is a nonprofit organization located in Pierre, South Dakota. With a team of 14 dedicated individuals, their primary mission is to serve and support the rural electric cooperatives in South Dakota. They actively promote the effective development of rural electrification in the state on a cooperative and non-profit basis. This includes providing extensive training and education to cooperative members, directors, and employees, contributing to the overall growth and success of rural electrification in South Dakota.
Official website here: www.sdrea.coop
Is South Dakota Rural Electric Association legitimate?
South Dakota Rural Electric Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Dakota Rural Electric Association 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $448,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $507,055
For more financial information, click here
Official website here: www.sdrea.coop
What is the mission statement of South Dakota Rural Electric Association?
The South Dakota Rural Electric Association's mission is centered around serving rural electric cooperatives within the state. Its primary objective is to foster the efficient development of rural electrification in South Dakota, operating on a cooperative and non-profit basis. The association also focuses on providing training and education to its members, directors, and employees, aiming to enhance their capabilities and contribute to the overall success of rural electrification initiatives.
Official website here: www.sdrea.coop
What is the revenue of South Dakota Rural Electric Association?
South Dakota Rural Electric Association's revenue in 2023 was $3,424,925.
Official website here: www.sdrea.coop
Who are the executives of South Dakota Rural Electric Association and what are their salaries?
The average compensation at South Dakota Rural Electric Association during 2023 was $79,638. There are 12 employees at South Dakota Rural Electric Association.
Here are 35 key members and their salaries:
- Compensation: $4,725
- Related: $0
- Other: $0
- Compensation: $5,017
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $4,900
- Related: $0
- Other: $0
- Compensation: $4,816
- Related: $0
- Other: $0
- Compensation: $2,525
- Related: $0
- Other: $0
- Compensation: $4,220
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $1,575
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $5,250
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $4,375
- Related: $0
- Other: $0
- Compensation: $4,900
- Related: $0
- Other: $0
- Compensation: $2,450
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $3,325
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $2,625
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,450
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $147,460
- Related: $0
- Other: $24,039
- Compensation: $120,504
- Related: $0
- Other: $39,879
Official website here: www.sdrea.coop
Where can I find the form 990 for South Dakota Rural Electric Association?
South Dakota Rural Electric Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sdrea.coop
Learn more at the official website: www.sdrea.coop
Mission Statement of South Dakota Rural Electric Association
South Dakota Rural Electric Association, a non-profit organization, is committed to serving the rural electric cooperatives in South Dakota. Its primary mission is to promote the effective development of rural electrification in the state on a cooperative basis. This means working tirelessly to advance the cause of rural electrification, ensuring that cooperatives in South Dakota operate efficiently and sustainably. The association achieves this by providing training and education to its members, directors, and employees, equipping them with the necessary skills and knowledge to excel in their roles. By doing so, South Dakota Rural Electric Association plays a crucial role in the continued success and growth of rural electrification in South Dakota.
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Impact
October, 2024
The South Dakota Rural Electric Association plays a crucial role in enhancing rural electrification across the state. By serving the rural electric cooperatives, it ensures that these organizations have the support and resources needed to provide reliable electricity to their communities. Through its training and education programs, the association empowers cooperative members, directors, and employees with the skills and knowledge necessary to effectively manage and operate electric services. This commitment to developing rural electrification promotes community improvement, fostering economic growth and improving the quality of life for residents in South Dakota's rural areas. Its impact is felt not only in the provision of electricity but also in the collective strength and sustainability of rural communities.
This information is meant to be a general summary of South Dakota Rural Electric Association. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2023.
- Investment Income: $61,495
- Program Service Revenue: $3,339,430
- Gross Receipts: $3,424,925
Assets and Liabilities:
- Total Assets: $1,810,935
- Total Liabilities: $474,611
- Net Assets: $1,336,324
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,704,823
CO-OP CONNECTIONS
Revenue
$1,043,660
MEMBER SERVICES/TRAINI
Revenue
$493,145
LOSS CONTROL
Revenue
$83,457
Organization Details
Founding Year
1942
Principal Officer
Steve Barnett
Website
www.sdrea.coopNTEE Category
Code: S41 - Community improvement
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