Powered by CharityEZ

Charity report ready

KINGSBURY ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

KINGSBURY ELECTRIC COOPERATIVE INC

EIN 46-0215043 · Mutual & Membership Benefit (Y)

What they do

THE MISSION of KINGSBURY ELECTRIC COOPERATIVE, INC. is to PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE to ALL WHO DESIRE IT WITHIN THE SYSTEMS SERVICE AREA AT THE LOWEST PRICE CONSISTENT WITH THE HIGHEST STANDARDS of SERVICE; to DEVELOP and MAINTAIN A STRONG FINANCIAL STRUCTURE, PROVIDING ADEQUATE FUNDING and CAPITAL to COVER COOPERATIVE OBLIGATIONS and FUTURE DEVELOPMENT; to ADVISE and INFORM MEMBERS and EMPLOYEES of COOPERATIVE DEVELOPMENTS and OPERATIONS; and to PROVIDE for SAFE and EFFICIENT OPERATIONS of THE SYSTEM.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.03spent for every $100 of revenueSpending was higher than revenue this year.
$2.97in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,101 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $180,235 for EVAN BUCKMILLER (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$4,212,135
Expenses$4,213,236
Annual shortfall $1,101 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$4,212,135
Expenses$4,213,236
Assets$12,513,905
Income$4,516,468
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
EVAN BUCKMILLERGENERAL MANAGER · 40 hrs/week $180,235Base $145,573 · Other $34,662
RACHEL ANDERSONCFO · 40 hrs/week $97,425Base $72,564 · Other $24,861
DEAN BJORKLUNDPRESIDENT · 2 hrs/week $6,250
GREG NOEMDIRECTOR · 2 hrs/week $5,250
VERNE JENSENSECRETARY/TREASURER · 2 hrs/week $5,000
RICHARD ABRAHAMSONDIRECTOR · 2 hrs/week $4,750
ALAN VEDVEIVICE PRESIDENT · 2 hrs/week $3,500
DAVE HELLERDIRECTOR UNTIL 05/2024 · 2 hrs/week $1,750
GARY PASTIANDIRECTOR FROM 07/2024 · 2 hrs/week $1,750

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

EVAN BUCKMILLERGENERAL MANAGER

RACHEL ANDERSONCFO

DEAN BJORKLUNDPRESIDENT

GREG NOEMDIRECTOR

VERNE JENSENSECRETARY/TREASURER

RICHARD ABRAHAMSONDIRECTOR

ALAN VEDVEIVICE PRESIDENT

DAVE HELLERDIRECTOR UNTIL 05/2024

GARY PASTIANDIRECTOR FROM 07/2024

About this charity

Recognized since
January 1949
Location
511 US-14 W, DE SMET, SD 57231-0000
County
Kingsbury
In care of
RACHEL ANDERSON
Primary officer
RACHEL ANDERSON, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
EIDE BAILLY LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free