Clay-Union Electric Corporation is a public utility based in Vermillion, SD that was founded in 1935. As of 2020 they had $9.3 million in revenue and $32 million in assets.
Clay-Union Electric exists to assist its members/customers in improving their quality of life by constantly seeking to enhance the value of Electric energy and insuring that the members service needs are fulfilled. To provide electricity to rural comm...
Provided Electric service to approximately 2,854 members. Retired 9 miles of overhead line and added 11 miles of underground line.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2019-12 | Aug 26, 2020 | 990 | View PDF |
| 2018-12 | Oct 29, 2019 | 990 | View PDF |
| 2017-12 | Oct 16, 2018 | 990 | View PDF |
| 2016-12 | Nov 15, 2017 | 990O | View PDF |
| 2015-12 | Oct 17, 2016 | 990O | View PDF |
| ...and six more Form 990 PDFs | |||
| Field | 2019 |
|---|---|
| Total grants, contributions, etc. | $0 |
| Program services | $9,069,047 |
| Investment income and dividends | $258,596 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $2,507 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $11,777 |
| Miscellaneous revenues | $0 |
| Total revenues | $9,341,927 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Eide Bailly LLP | Tax accounting | 2020-05-13 | |
| ██████ | Content management system software | 2020-03-05 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Christopher Larson | General Manager | $103,881 | Oct. 29, 2019 |
| Chris Kinney | Assistant Secretary | $6,650 | March 8, 2019 |
| █████ ██████ | Vice President | $8,057 | March 8, 2019 |
| ███ ██████ | President | $6,307 | March 8, 2019 |
| ███████ ████████ | Treasurer | $6,408 | Dec. 31, 2018 |
| ████ ████ | Manager | $13,967 | Dec. 31, 2016 |
| ██████ ████████ | Secretary | $5,550 | Dec. 31, 2014 |
| ████ ████████ | Past Treasurer | $5,900 | Dec. 31, 2014 |
| Name | Type | Revenue | Location | |
|---|---|---|---|---|
| 1 | Dakota Energy Cooperative | 501(c)(12) | $26 million | Huron, SD |
| 2 | Whetstone Valley Electric Cooperative | 501(c)(12) | $11 million | Milbank, SD |
| 3 | Black Hills Electric Cooperative | 501(c)(12) | $22 million | Custer, SD |
| 4 | Moreau Grand Electric Cooperative | 501(c)(12) | $7.6 million | Timber Lake, SD |
| 5 | West Central Electric Cooperative | 501(c)(12) | $18 million | Murdo, SD |
| 6 | Bon Homme Yankton Electric Association | 501(c)(12) | $11 million | Tabor, SD |
| 7 | Lake Region Electric Association | 501(c)(12) | $21 million | Webster, SD |
| 8 | Central Electric Cooperative | 501(c)(12) | $39 million | Mitchell, SD |
| 9 | Cam Wal Electric Cooperative | 501(c)(12) | $8.0 million | Selby, SD |
| 10 | Charles Mix Electric Association | 501(c)(12) | $4.7 million | Lake Andes, SD |
| 11 | Northern Electric Cooperative | 501(c)(12) | $31 million | Bath, SD |
| 12 | H-D Electric Cooperative | 501(c)(12) | $12 million | Clear Lake, SD |
| 13 | West River Electric Association | 501(c)(12) | $41 million | Wall, SD |
| 14 | Oahe Electric Cooperative | 501(c)(12) | $10 million | Blunt, SD |
| 15 | Douglas Electric Cooperative | 501(c)(12) | $3.3 million | Armour, SD |
| 16 | Codington-Clark Electric Cooperative | 501(c)(12) | $13 million | Watertown, SD |
| 17 | Kingsbury Electric Cooperative | 501(c)(12) | $3.2 million | De Smet, SD |
| 18 | Lacreek Electric Association | 501(c)(12) | $15 million | Martin, SD |
| 19 | Rosebud Electric Cooperative | 501(c)(12) | $8.8 million | Gregory, SD |
| 20 | Union County Electric Cooperative | 501(c)(12) | $4.6 million | Elk Point, SD |
| 21 | Fem Electric Association | 501(c)(12) | $17 million | Ipswich, SD |
| 22 | Butte Electric Cooperative | 501(c)(12) | $9.4 million | Newell, SD |
| 23 | United Rural Electric Membership Corporation | 501(c)(12) | $12 million | Markle, IN |
| 24 | Adams Rural Electric Cooperative | 501(c)(12) | $16 million | West Union, OH |
| 25 | Panola-Harrison Electric Cooperative | 501(c)(12) | $37 million | Marshall, TX |