Cause IQ organization profile

Whetstone Valley Electric Cooperative

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

Whetstone Valley Electric Cooperative is a public utility based in Milbank, SD that was founded in 1940. As of 2019 they had $11 million in revenue and $33 million in assets.

To enhance the quality of life in our community by providing the highest level of service, quality and value in electricity, distribution and services. To provide electricity to rural electric cooperative members.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Whetstone Valley Electric Cooperative

Provided electric service to approximately 2,628 members and maintained 1,482 miles of lines.

Form 990s for Whetstone Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 15, 2020990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Nov 20, 2017990OView PDF
2015-12Feb 21, 2017990OView PDF
2014-12Feb 8, 2016990OView PDF
...and five more Form 990 PDFs

Financials for Whetstone Valley Electric Cooperative

Total grants, contributions, etc.$0
Program services$11,748,068
Investment income and dividends$11,423
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-655
Miscellaneous revenues$0
Total revenues$11,758,836

Vendors for Whetstone Valley Electric Cooperative

VendorServicesAmount paidDate
DrupalContent management system software2020-04-09
████ ██████ ███Tax accounting2018-10-18
███ ████████ ███Trench Plow Bore Service$301,3742017-12-01
█████ ██████Retire Line Line Clean Up$113,1802017-12-01

Personnel at Whetstone Valley Electric Cooperative

NameTitleCompensationMost recent data
Dave PageGeneral Manager-May 19, 2019
Jon ChristensenOperations Manager-May 19, 2019
████ █████Member Services Manager-May 19, 2019
██████ ███████████████Treasurer$5,969May 16, 2019
██████ ████████Secretary$4,191May 16, 2019
████ ██████Vice President$4,064May 16, 2019
████ █████████President$7,112May 16, 2019

Peer public utilities

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3Dakota Energy Cooperative501(c)(12)$26 millionHuron, SD
4Black Hills Electric Cooperative501(c)(12)$22 millionCuster, SD
5Union County Electric Cooperative501(c)(12)$4.6 millionElk Point, SD
6Kingsbury Electric Cooperative501(c)(12)$3.5 millionDe Smet, SD
7Northern Electric Cooperative501(c)(12)$31 millionBath, SD
8Central Electric Cooperative501(c)(12)$39 millionMitchell, SD
9Cam Wal Electric Cooperative501(c)(12)$8.0 millionSelby, SD
10Bon Homme Yankton Electric Association501(c)(12)$10 millionTabor, SD
11West Central Electric Cooperative501(c)(12)$18 millionMurdo, SD
12West River Electric Association501(c)(12)$41 millionWall, SD
13Douglas Electric Cooperative501(c)(12)$2.9 millionArmour, SD
14Cherry-Todd Electric Cooperative501(c)(12)$15 millionMission, SD
15Lacreek Electric Association501(c)(12)$15 millionMartin, SD
16Rosebud Electric Cooperative501(c)(12)$8.7 millionGregory, SD
17Butte Electric Cooperative501(c)(12)$9.4 millionNewell, SD
18Fem Electric Association501(c)(12)$17 millionIpswich, SD
19Lake Region Electric Association501(c)(12)$21 millionWebster, SD
20Clay-Union Electric Corporation501(c)(12)$9.5 millionVermillion, SD
21Big Sandy Rural Electric Cooperative Corporation501(c)(12)$26 millionPaintsville, KY
22Hickman-Fulton Counties Rural Electric Cooperative Corporation501(c)(12)$5.4 millionHickman, KY
23Traverse Electric Cooperative501(c)(12)$12 millionWheaton, MN
24Socorro Electric Cooperative501(c)(12)$26 millionSocorro, NM
25Bridger Valley Electric Association (BVEA)501(c)(12)$14 millionMountain View, WY