Rosebud Electric Cooperative Inc

Organization Overview

Rosebud Electric Cooperative Inc is located in Gregory, SD. The organization was established in 1958. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Rosebud Electric Cooperative Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosebud Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Rosebud Electric Cooperative Inc generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $8.8m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ELECTRICITY TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COOPERATIVE SERVED 3,011 MEMBERS DURING 2021 AND ADDED/REPLACED 3.16 MILES OF LINE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kevin Mikkelsen
General Manager
$130,251
Richard Hartland
Director
$4,755
Boyt Young
Director
$4,415
Dennis Purvis
Director
$4,292
James Eastlund
Secretary
$4,021
William Ringstmeyer
Vice-President
$3,732

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,669,370
Investment income $119,223
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $793
Miscellaneous Revenue$0
Total Revenue $8,797,386

Create an account to unlock the data you need.

or