Mission
TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS, BY SAFELY PROVIDING RELIABLE, COST-EFFICIENT ELECTRICITY AND OTHER SERVICES.
Public Charity
FEM ELECTRIC ASSOCIATION INC
Based in IPSWICH, SD, FEM ELECTRIC ASSOCIATION INC operates as a Public Charity. The organization reported $18.7M in revenue, $17.6M in expenses, $51.1M in total assets for fiscal year 2025.
EIN: 460213171
IPSWICH, SD
Latest filing: 2025
Total Revenue$18.7M
Total Expenses$17.6M
Total Assets$51.1M
Grant Records0
Filing Years2021–2025
Officers & Directors
JOURNEYMAN LINEMAN/WOS/ELECT/FOREMAN
Chad Dutenhoffer
SECRETARY
Eric Odenbach
PRESIDENT
Gary Bachman
LINE FOREMAN
Justin Larson
ASSISTANT SECRETARY/TREASURER
Kelly Melius
TREASURER
Paula Petersen
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $18.7M | $17.6M | $51.1M |
| 2024 | $18.2M | $17.0M | $49.4M |
| 2023 | $18.1M | $16.7M | $48.3M |
| 2022 | $17.4M | $15.9M | $45.5M |
| 2021 | $15.9M | $15.1M | $42.4M |
Between 2021 and 2025, reported annual revenue grew from $15.9M to $18.7M (+18%), with total assets most recently reported at $51.1M.
Interactive year-over-year charts and full filing details available with membership.