Public Charity

NORTHERN ELECTRIC COOPERATIVE

NORTHERN ELECTRIC COOPERATIVE is a Public Charity headquartered in BATH, SD. Financial data from the 2025 filing: $33.6M revenue, $33.6M expenses, $123.8M total assets.

EIN: 460151015 BATH, SD Latest filing: 2025
Total Revenue$33.6M
Total Expenses$33.6M
Total Assets$123.8M
Grant Records0
Filing Years2021–2025

Mission

THE PURPOSE OF THE ORGANIZATION OF NORTHERN ELECTRIC COOPERATIVE INCORPORATED IS TO PROVIDE ITS MEMBERS WITH A DEPENDABLE QUALITY AND QUANTITY OF ELECTRICAL ENERGY AT THE LOWEST POSSIBLE RATES CONSISTENT WITH SOUND BUSINESS PRACTICES AND FINANCIAL FEASIBILITY AND TO PROVIDE SUCH OTHER SERVICES THAT WOULD BE DESIRABLE FOR THE BETTERMENT OF ITS MEMBERS.

Officers & Directors

LINE FOREMAN Brian Hansen
DIRECTOR Bruce Schumacher Jr
CEO Charlene Hager
IT MANAGER Derek Gorecki
OPERATIONS MANAGER Jerome Weber
TREASURER Josh Larson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $33.6M $33.6M $123.8M
2024 $31.4M $31.4M $117.4M
2023 $30.3M $30.3M $105.6M
2022 $30.7M $30.7M $102.9M
2021 $30.6M $30.6M $94.9M

Between 2021 and 2025, reported annual revenue grew from $30.6M to $33.6M (+10%), with total assets most recently reported at $123.8M.

Interactive year-over-year charts and full filing details available with membership.

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