Public Charity

WHETSTONE VALLEY ELECTRIC COOPERATIVE

Based in MILBANK, SD, WHETSTONE VALLEY ELECTRIC COOPERATIVE operates as a Public Charity. The organization reported $13.3M in revenue, $13.2M in expenses, $47.4M in total assets for fiscal year 2025.

EIN: 460205275 MILBANK, SD Latest filing: 2025
Total Revenue$13.3M
Total Expenses$13.2M
Total Assets$47.4M
Grant Records0
Filing Years2021–2025

Mission

TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING THE HIGHEST LEVEL OF SERVICE, QUALITY AND VALUE IN ELECTRICITY, DISTRIBUTION AND SERVICES.

Officers & Directors

DIRECTOR Bill Tostenson
OFFICE MANAGER Bridget Anderson
DIRECTOR David Behrns
GENERAL MANAGER David Page
LINE FOREMAN Eric Pederson
LINEMAN Gene Sass

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $13.3M $13.2M $47.4M
2024 $12.6M $12.5M $44.6M
2023 $11.5M $11.4M $42.8M
2022 $11.4M $11.3M $39.8M
2021 $10.8M $10.8M $39.3M

Between 2021 and 2025, reported annual revenue grew from $10.8M to $13.3M (+22%), with total assets most recently reported at $47.4M.

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

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