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  3. Kingsbury Electric Cooperative
EIN 46-0215043

Kingsbury Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
11
City
De Smet
State
South Dakota
Year formed
1945
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
The mission of Kingsbury Electric Cooperative, Inc. is to provide the best possible Electric service to all who desire it within the system's service area at the lowest price consistent with the highest standards of service; to develop and maintain a strong financial structure, providing adequate funding and capital to cover Cooperative obligations and future development; to advise and inform members and employees of Cooperative developments and operations; and to provide for safe and efficient operations of the system. To provide Electric services to our members.
Total revenues
$3,667,931
2022
Total expenses
$3,667,931
2022
Total assets
$10,786,257
2022
Num. employees
11
2022

Program areas at Kingsbury Electric Cooperative

Provided Electric service to 863 members and have 257.99 miles of underground lines, as well as 414.24 miles of overhead lines.

Personnel at Kingsbury Electric Cooperative

NameTitleCompensation
Evan BuckmillerGeneral Manager$124,761
Rachel AndersonOffice Manager and Accountant$57,602
Dean BjorklundPresident$7,500
Verne JensenSecretary and Treasurer$4,500
Alan VedveiVice President$4,750
...and 3 more key personnel

Financials for Kingsbury Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,720,844
Investment income and dividends$1,754
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,449
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-47,218
Miscellaneous revenues$0
Total revenues$3,667,931

Form 990s for Kingsbury Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-03990View PDF
2021-122022-11-10990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122020-02-03990View PDF
...and 9 more Form 990s

Organizations like Kingsbury Electric Cooperative

OrganizationLocationRevenue
Calhoun County Electric Cooperative AssociationRockwell City, IA$6,396,337
Butte Electric CooperativeNewell, SD$8,803,300
The Frontier Power CompanyCoshocton, OH$18,106,604
Grand Electric CooperativeBison, SD$13,303,696
Lyon-Lincoln Electric CooperativeTyler, MN$11,637,719
Tanner Electric CooperativeNorth Bend, WA$13,148,895
East End Mutual ElectricRupert, ID$1,809,912
Inside Passage Electric CooperativeAuke Bay, AK$6,749,810
Sullivan County Rural Electric CooperativeForksville, PA$10,321,866
Bayfield Electric CooperativeIron River, WI$15,614,627
Data update history
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
October 5, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
511 Hwy 14 W PO Box 126
De Smet, SD 57231
County
Kingsbury County, SD
Website URL
kec-sd.coop/ 
Phone
(605) 854-3522
IRS details
EIN
46-0215043
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1945
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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