Cause IQ organization profile

Clay-Union Electric Corporation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

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...

EIN:
46-0120430
City:
Vermillion
State:
Website:
Founded:
1935
Type:
501(c)(12)
NTEE:
Revenue:
$9,341,927
Assets:
$32,859,381
Employees:
21
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Clay-Union Electric Corporation

Provided Electric service to approximately 2,854 members. Retired 9 miles of overhead line and added 11 miles of underground line.

Form 990s for Clay-Union Electric Corporation

Fiscal year endingDate received by IRSFormPDF link
2019-12Aug 26, 2020990View PDF
2018-12Oct 29, 2019990View PDF
2017-12Oct 16, 2018990View PDF
2016-12Nov 15, 2017990OView PDF
2015-12Oct 17, 2016990OView PDF
...and six more Form 990 PDFs

Financials for Clay-Union Electric Corporation

Field2019
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

Vendors for Clay-Union Electric Corporation

VendorServicesAmount paidDate
Eide Bailly LLPTax accounting2020-05-13
██████Content management system software2020-03-05

Personnel at Clay-Union Electric Corporation

NameTitleCompensationMost recent data
Christopher LarsonGeneral Manager$103,881Oct. 29, 2019
Chris KinneyAssistant Secretary$6,650March 8, 2019
█████ ██████Vice President$8,057March 8, 2019
███ ██████President$6,307March 8, 2019
███████ ████████Treasurer$6,408Dec. 31, 2018
████ ████Manager$13,967Dec. 31, 2016
██████ ████████Secretary$5,550Dec. 31, 2014
████ ████████Past Treasurer$5,900Dec. 31, 2014

Peer public utilities

 NameTypeRevenueLocation
1Dakota Energy Cooperative501(c)(12)$26 millionHuron, SD
2Whetstone Valley Electric Cooperative501(c)(12)$11 millionMilbank, SD
3Black Hills Electric Cooperative501(c)(12)$22 millionCuster, SD
4Moreau Grand Electric Cooperative501(c)(12)$7.6 millionTimber Lake, SD
5West Central Electric Cooperative501(c)(12)$18 millionMurdo, SD
6Bon Homme Yankton Electric Association501(c)(12)$11 millionTabor, SD
7Lake Region Electric Association501(c)(12)$21 millionWebster, SD
8Central Electric Cooperative501(c)(12)$39 millionMitchell, SD
9Cam Wal Electric Cooperative501(c)(12)$8.0 millionSelby, SD
10Charles Mix Electric Association501(c)(12)$4.7 millionLake Andes, SD
11Northern Electric Cooperative501(c)(12)$31 millionBath, SD
12H-D Electric Cooperative501(c)(12)$12 millionClear Lake, SD
13West River Electric Association501(c)(12)$41 millionWall, SD
14Oahe Electric Cooperative501(c)(12)$10 millionBlunt, SD
15Douglas Electric Cooperative501(c)(12)$3.3 millionArmour, SD
16Codington-Clark Electric Cooperative501(c)(12)$13 millionWatertown, SD
17Kingsbury Electric Cooperative501(c)(12)$3.2 millionDe Smet, SD
18Lacreek Electric Association501(c)(12)$15 millionMartin, SD
19Rosebud Electric Cooperative501(c)(12)$8.8 millionGregory, SD
20Union County Electric Cooperative501(c)(12)$4.6 millionElk Point, SD
21Fem Electric Association501(c)(12)$17 millionIpswich, SD
22Butte Electric Cooperative501(c)(12)$9.4 millionNewell, SD
23United Rural Electric Membership Corporation501(c)(12)$12 millionMarkle, IN
24Adams Rural Electric Cooperative501(c)(12)$16 millionWest Union, OH
25Panola-Harrison Electric Cooperative501(c)(12)$37 millionMarshall, TX