- Revenue 2025
- $96,007,173
- Expenses 2025
- $96,007,173
As filed
- Subsection
- 12
- NTEE code
- Y22
- Classification
- 4000
- Street
- 47077 276TH ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
MEMBER FOCUSED. MEMBER DRIVEN. AS A NON-PROFIT ELECTRIC COOPERATIVE, WE ARE HERE TO SERVE THE MEMBERS OF THE COOPERATIVE WITH RELIABLE, QUALITY AND AFFORDABLE ELECTRIC SERVICE AND TO DO THAT WE ARE FOCUSED ON THEIR NEEDS AND DESIRES.
Activities or mission (Part I)
PROVIDING ELECTRIC SERVICE TO MEMBER-CONSUMERS.
-
PROVIDING ELECTRIC SERVICE TO APPROXIMATELY 20,718 MEMBER-CONSUMERS OVER 4,640 MILES OF LINE.
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Steve HolmbergSTEVE HOLMBERG
PRESIDENT
- Total calculated
- $14,455
- From this org
- $14,455
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.4
-
Robert WollmannROBERT WOLLMANN
VICE PRESIDENT
- Total calculated
- $16,180
- From this org
- $16,180
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.7
-
Daryl TerveenDARYL TERVEEN
TREASURER
- Total calculated
- $12,605
- From this org
- $12,605
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.4
-
Johnathan WildeboerJOHNATHAN WILDEBOER
SECRETARY
- Total calculated
- $13,680
- From this org
- $13,680
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.8
-
Don HeerenDON HEEREN
DIRECTOR
- Total calculated
- $12,780
- From this org
- $12,780
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.8
-
Chris HoferCHRIS HOFER
DIRECTOR
- Total calculated
- $8,742
- From this org
- $8,742
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.6
-
Carlos HoferCARLOS HOFER
DIRECTOR
- Total calculated
- $14,055
- From this org
- $14,055
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.9
-
John OstraatJOHN OSTRAAT
DIRECTOR
- Total calculated
- $10,230
- From this org
- $10,230
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.2
-
Donovan KostDONOVAN KOST
DIRECTOR
- Total calculated
- $17,880
- From this org
- $17,880
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Jon WunderJON WUNDER
CFO
- Total calculated
- $237,758
- From this org
- $171,232
- From related orgs
- $0
- Other
- $66,526
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,519
- Bonus
- $0
- Other
- $713
- Deferred
- $23,693
- Nontaxable benefits
- $46,420
- Filer's total
- $241,345
-
Chad KinsleyCHAD KINSLEY
CEO
- Total calculated
- $450,468
- From this org
- $347,033
- From related orgs
- $0
- Other
- $103,435
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $344,330
- Bonus
- $0
- Other
- $2,703
- Deferred
- $66,827
- Nontaxable benefits
- $42,457
- Filer's total
- $456,317
-
John EuchnerJOHN EUCHNER
VP OF OPERATIONS & ENGINEE
- Total calculated
- $322,816
- From this org
- $196,128
- From related orgs
- $0
- Other
- $126,688
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,146
- Bonus
- $0
- Other
- $2,982
- Deferred
- $89,956
- Nontaxable benefits
- $40,747
- Filer's total
- $326,831
-
Todd NelsonTODD NELSON
VP OF INFORMATION TECHNOLOGY
- Total calculated
- $239,476
- From this org
- $178,516
- From related orgs
- $0
- Other
- $60,960
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,558
- Bonus
- $0
- Other
- $6,958
- Deferred
- $23,353
- Nontaxable benefits
- $41,260
- Filer's total
- $243,129
-
Duane PulseDUANE PULSE
LINE SUPERINTENDENT
- Total calculated
- $227,912
- From this org
- $143,212
- From related orgs
- $0
- Other
- $84,700
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,725
- Bonus
- $0
- Other
- $487
- Deferred
- $47,425
- Nontaxable benefits
- $39,985
- Filer's total
- $230,622
-
Robert KaldaROBERT KALDA
LINE SUPERINTENDENT
- Total calculated
- $202,149
- From this org
- $143,155
- From related orgs
- $0
- Other
- $58,994
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,111
- Bonus
- $0
- Other
- $2,044
- Deferred
- $19,624
- Nontaxable benefits
- $42,251
- Filer's total
- $205,030
-
Troy PetersTROY PETERS
LINE SUPERINTENDENT
- Total calculated
- $212,777
- From this org
- $156,165
- From related orgs
- $0
- Other
- $56,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,172
- Bonus
- $0
- Other
- $1,993
- Deferred
- $14,799
- Nontaxable benefits
- $44,634
- Filer's total
- $215,598
-
Adam StarkADAM STARK
LINE SUPERINTENDENT
- Total calculated
- $218,898
- From this org
- $139,373
- From related orgs
- $0
- Other
- $79,525
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,943
- Bonus
- $0
- Other
- $430
- Deferred
- $37,276
- Nontaxable benefits
- $45,029
- Filer's total
- $221,678
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $96,007,173
- Expenses
- $96,007,173
- Contributions
- $0
- Grants paid
- $58,395
-
2024
- Revenue
- $87,619,989
- Expenses
- $87,619,989
- Contributions
- $0
- Grants paid
- $57,154
-
2023
- Revenue
- $81,602,377
- Expenses
- $81,602,377
- Contributions
- $0
- Grants paid
- $50,577
-
2022
- Revenue
- $76,912,343
- Expenses
- $76,912,343
- Contributions
- $0
- Grants paid
- $49,502
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $71,615,783
- Expenses
- $71,615,783
- Assets (EOY)
- $202,199,401
-
2020 · 990
- Revenue
- $64,131,933
- Expenses
- $64,131,933
- Assets (EOY)
- $188,239,253
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
2024 YOUTH BALL FIELDS ADDITION
-
FORWARD SIOUX FALLS
$6,666
2022 GENERAL SUPPORT
-
FORWARD SIOUX FALLS
$6,666
2023 GENERAL SUPPORT
-
FORWARD SIOUX FALLS
$6,600
2025 GENERAL SUPPORT
-
FORWARD SIOUX FALLS
$6,600
2024 GENERAL SUPPORT
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.