Fem Electric Association Inc

Other organization based in Ipswich, SD. 18 employees. Exempt under §501(c)(12).

MissionTO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS, BY SAFELY PROVIDING RELIABLE, COST-EFFICIENT ELECTRICITY AND OTHER SERVICES.

EIN
46-0213171
State
SD
Sector
Other
Budget band
$10M–$25M
Latest filing
TY 2024
Records
4 officers · 4 years

Financial snapshot · TY 2024

$18.2M
Total revenue
$17.0M
Total expenses
$49.4M
Net assets

Financial health · TY 2024

36
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
87
15.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
4
Mix of program fees, grants & contributions

Leadership compensation

Justin Larson
LINE FOREMAN
$196,909
78th percentile vs. peers
Rhonda Tuscherer
DIRECTOR OF FINANCE & BENEFITS
$193,731
73th percentile vs. peers
Ryan Holien
ELECTRICAL DEPT MANAGER
$174,951
78th percentile vs. peers
Sean Christiansen
OPERATIONS MANAGER
$172,497
57th percentile vs. peers

Is this your organization?

Claim this page for a private dashboard with financial health, peer benchmarks, and comp history.

Claim this page
Fem Electric Association Inc Executive Compensation | 990 Data | DoubleNine