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Employer Identification Number 46-0205275

WHETSTONE VALLEY ELECTRIC COOPERATIVE INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:WHETSTONE VALLEY ELECTRIC COOPERATIVE INC
Employer identification number (EIN):46-0205275
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationSouth Dakota, SD

Organization Overview

Mission StatementTO PROVIDE ELECTRICITY TO RURAL ELECTRIC COOPERATIVE MEMBERS.
Number of Employees24
Number of Volunteers0
Year Formed1940

Organization Governance

Legal DomicileSD
Voting Members - Governing Body9
Voting Members - Independent8

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ -5,744
Net unrelated business incomeUSD $ 14,647
Program Service Revenue from prior yearUSD $ 11,442,111
Program Service Revenue from current yearUSD $ 12,468,550
Investment Income from prior yearUSD $ 40,848
Investment Income from current yearUSD $ 49,026
Other Revenue from prior yearUSD $ 48,207
Other Revenue from current yearUSD $ 49,156
Gross receipts from all sourcesUSD $ 14,100,790
Net assets / fund balances at end of fiscal yearUSD $ 14,777,010
Net assets / fund balances at beginning of fiscal yearUSD $ 14,339,318
Total liabilities at end of fiscal yearUSD $ 29,806,617
Total liabilities at beginning of fiscal yearUSD $ 28,463,591
Total assets at end of fiscal yearUSD $ 44,583,627
Total assets at beginning of fiscal yearUSD $ 42,802,909
Revenues less expenses for current yearUSD $ 49,156
Revenues less expenses for previous yearUSD $ 105,645
Total expenses for current yearUSD $ 12,517,576
Total expenses for previous yearUSD $ 11,425,521
Other expenses in current yearUSD $ 8,986,836
Other expenses in previous yearUSD $ 8,166,593
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,607,491
Employee salary and benefits paid in previous yearUSD $ 2,417,825
Benefits paid to or for members in current yearUSD $ 923,249
Benefits paid to or for members in previous yearUSD $ 841,103
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,566,732
Total revenue in previous fiscal yearUSD $ 11,531,166
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 1,534,058
Gross sales of inventory assetsUSD $ 1,583,214
2023-12-31
Total unrelated business incomeUSD $ 14,344
Net unrelated business incomeUSD $ 13,462
Program Service Revenue from prior yearUSD $ 11,245,061
Program Service Revenue from current yearUSD $ 11,442,111
Investment Income from prior yearUSD $ 22,091
Investment Income from current yearUSD $ 40,848
Other Revenue from prior yearUSD $ 95,202
Other Revenue from current yearUSD $ 48,207
Gross receipts from all sourcesUSD $ 12,909,396
Net assets / fund balances at end of fiscal yearUSD $ 14,339,318
Net assets / fund balances at beginning of fiscal yearUSD $ 13,885,777
Total liabilities at end of fiscal yearUSD $ 28,463,591
Total liabilities at beginning of fiscal yearUSD $ 25,895,093
Total assets at end of fiscal yearUSD $ 42,802,909
Total assets at beginning of fiscal yearUSD $ 39,780,870
Revenues less expenses for current yearUSD $ 105,645
Revenues less expenses for previous yearUSD $ 95,202
Total expenses for current yearUSD $ 11,425,521
Total expenses for previous yearUSD $ 11,267,152
Other expenses in current yearUSD $ 8,166,593
Other expenses in previous yearUSD $ 7,867,560
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,417,825
Employee salary and benefits paid in previous yearUSD $ 2,353,218
Benefits paid to or for members in current yearUSD $ 841,103
Benefits paid to or for members in previous yearUSD $ 1,046,374
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,531,166
Total revenue in previous fiscal yearUSD $ 11,362,354
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 1,378,230
Gross sales of inventory assetsUSD $ 1,426,437
2022-12-31
Total unrelated business incomeUSD $ 18,771
Net unrelated business incomeUSD $ 8,276
Program Service Revenue from prior yearUSD $ 10,798,018
Program Service Revenue from current yearUSD $ 11,245,061
Investment Income from prior yearUSD $ 18,097
Investment Income from current yearUSD $ 22,091
Other Revenue from prior yearUSD $ 17,761
Other Revenue from current yearUSD $ 95,202
Gross receipts from all sourcesUSD $ 12,799,872
Net assets / fund balances at end of fiscal yearUSD $ 13,885,777
Net assets / fund balances at beginning of fiscal yearUSD $ 13,219,393
Total liabilities at end of fiscal yearUSD $ 25,895,093
Total liabilities at beginning of fiscal yearUSD $ 26,120,391
Total assets at end of fiscal yearUSD $ 39,780,870
Total assets at beginning of fiscal yearUSD $ 39,339,784
Revenues less expenses for current yearUSD $ 95,202
Revenues less expenses for previous yearUSD $ 17,760
Total expenses for current yearUSD $ 11,267,152
Total expenses for previous yearUSD $ 10,816,116
Other expenses in current yearUSD $ 7,867,560
Other expenses in previous yearUSD $ 7,894,303
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,353,218
Employee salary and benefits paid in previous yearUSD $ 2,155,139
Benefits paid to or for members in current yearUSD $ 1,046,374
Benefits paid to or for members in previous yearUSD $ 766,674
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,362,354
Total revenue in previous fiscal yearUSD $ 10,833,876
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 1,437,518
Gross sales of inventory assetsUSD $ 1,532,720
2021-12-31
Total unrelated business incomeUSD $ 4,329
Net unrelated business incomeUSD $ 1,180
Program Service Revenue from prior yearUSD $ 10,783,985
Program Service Revenue from current yearUSD $ 10,798,018
Investment Income from prior yearUSD $ 24,917
Investment Income from current yearUSD $ 18,097
Other Revenue from prior yearUSD $ 40,279
Other Revenue from current yearUSD $ 17,761
Gross receipts from all sourcesUSD $ 11,938,177
Net assets / fund balances at end of fiscal yearUSD $ 13,219,393
Net assets / fund balances at beginning of fiscal yearUSD $ 12,802,207
Total liabilities at end of fiscal yearUSD $ 26,120,391
Total liabilities at beginning of fiscal yearUSD $ 24,180,714
Total assets at end of fiscal yearUSD $ 39,339,784
Total assets at beginning of fiscal yearUSD $ 36,982,921
Revenues less expenses for current yearUSD $ 17,760
Revenues less expenses for previous yearUSD $ 40,282
Total expenses for current yearUSD $ 10,816,116
Total expenses for previous yearUSD $ 10,808,899
Other expenses in current yearUSD $ 7,894,303
Other expenses in previous yearUSD $ 8,039,675
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,155,139
Employee salary and benefits paid in previous yearUSD $ 2,059,888
Benefits paid to or for members in current yearUSD $ 766,674
Benefits paid to or for members in previous yearUSD $ 709,336
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 10,833,876
Total revenue in previous fiscal yearUSD $ 10,849,181
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 1,104,301
Gross sales of inventory assetsUSD $ 1,122,062
2020-12-31
Total unrelated business incomeUSD $ 19,368
Net unrelated business incomeUSD $ 13,394
Program Service Revenue from prior yearUSD $ 11,179,994
Program Service Revenue from current yearUSD $ 10,783,985
Investment Income from prior yearUSD $ 11,848
Investment Income from current yearUSD $ 24,917
Other Revenue from prior yearUSD $ 37,491
Other Revenue from current yearUSD $ 40,279
Gross receipts from all sourcesUSD $ 11,916,639
Net assets / fund balances at end of fiscal yearUSD $ 12,802,207
Net assets / fund balances at beginning of fiscal yearUSD $ 12,383,382
Total liabilities at end of fiscal yearUSD $ 24,180,714
Total liabilities at beginning of fiscal yearUSD $ 23,192,554
Total assets at end of fiscal yearUSD $ 36,982,921
Total assets at beginning of fiscal yearUSD $ 35,575,936
Revenues less expenses for current yearUSD $ 40,282
Revenues less expenses for previous yearUSD $ 37,498
Total expenses for current yearUSD $ 10,808,899
Total expenses for previous yearUSD $ 11,191,835
Other expenses in current yearUSD $ 8,039,675
Other expenses in previous yearUSD $ 8,378,880
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,059,888
Employee salary and benefits paid in previous yearUSD $ 1,927,794
Benefits paid to or for members in current yearUSD $ 709,336
Benefits paid to or for members in previous yearUSD $ 885,161
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 10,849,181
Total revenue in previous fiscal yearUSD $ 11,229,333
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 1,067,458
Gross sales of inventory assetsUSD $ 1,107,737
2019-12-31
Total unrelated business incomeUSD $ 26,995
Net unrelated business incomeUSD $ 22,924
Program Service Revenue from prior yearUSD $ 11,748,068
Program Service Revenue from current yearUSD $ 11,179,994
Investment Income from prior yearUSD $ 11,423
Investment Income from current yearUSD $ 11,848
Other Revenue from prior yearUSD $ -655
Other Revenue from current yearUSD $ 37,491
Gross receipts from all sourcesUSD $ 12,027,018
Net assets / fund balances at end of fiscal yearUSD $ 12,383,382
Net assets / fund balances at beginning of fiscal yearUSD $ 11,678,978
Total liabilities at end of fiscal yearUSD $ 23,192,554
Total liabilities at beginning of fiscal yearUSD $ 22,062,770
Total assets at end of fiscal yearUSD $ 35,575,936
Total assets at beginning of fiscal yearUSD $ 33,741,748
Revenues less expenses for current yearUSD $ 37,498
Revenues less expenses for previous yearUSD $ -656
Total expenses for current yearUSD $ 11,191,835
Total expenses for previous yearUSD $ 11,759,492
Other expenses in current yearUSD $ 8,378,880
Other expenses in previous yearUSD $ 8,502,091
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,927,794
Employee salary and benefits paid in previous yearUSD $ 1,835,570
Benefits paid to or for members in current yearUSD $ 885,161
Benefits paid to or for members in previous yearUSD $ 1,421,831
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,229,333
Total revenue in previous fiscal yearUSD $ 11,758,836
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 797,685
Gross sales of inventory assetsUSD $ 835,176
2018-12-31
Total unrelated business incomeUSD $ 14,827
Net unrelated business incomeUSD $ 3,464
Program Service Revenue from prior yearUSD $ 10,808,766
Program Service Revenue from current yearUSD $ 11,748,068
Investment Income from prior yearUSD $ 9,567
Investment Income from current yearUSD $ 11,423
Other Revenue from prior yearUSD $ 269,430
Other Revenue from current yearUSD $ -655
Gross receipts from all sourcesUSD $ 12,552,545
Net assets / fund balances at end of fiscal yearUSD $ 11,678,978
Net assets / fund balances at beginning of fiscal yearUSD $ 10,470,340
Total liabilities at end of fiscal yearUSD $ 22,062,770
Total liabilities at beginning of fiscal yearUSD $ 22,110,571
Total assets at end of fiscal yearUSD $ 33,741,748
Total assets at beginning of fiscal yearUSD $ 32,580,911
Revenues less expenses for current yearUSD $ -656
Revenues less expenses for previous yearUSD $ 37,044
Total expenses for current yearUSD $ 11,759,492
Total expenses for previous yearUSD $ 11,050,719
Other expenses in current yearUSD $ 8,502,091
Other expenses in previous yearUSD $ 8,464,460
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,835,570
Employee salary and benefits paid in previous yearUSD $ 1,841,523
Benefits paid to or for members in current yearUSD $ 1,421,831
Benefits paid to or for members in previous yearUSD $ 744,736
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,758,836
Total revenue in previous fiscal yearUSD $ 11,087,763
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 793,709
Gross sales of inventory assetsUSD $ 793,054
2017-12-31
Total unrelated business incomeUSD $ 35,575
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,080,384
Program Service Revenue from current yearUSD $ 10,808,766
Investment Income from prior yearUSD $ 13,901
Investment Income from current yearUSD $ 9,567
Other Revenue from prior yearUSD $ 178,330
Other Revenue from current yearUSD $ 269,430
Gross receipts from all sourcesUSD $ 11,685,895
Net assets / fund balances at end of fiscal yearUSD $ 10,470,340
Net assets / fund balances at beginning of fiscal yearUSD $ 9,872,900
Total liabilities at end of fiscal yearUSD $ 22,110,571
Total liabilities at beginning of fiscal yearUSD $ 19,984,567
Total assets at end of fiscal yearUSD $ 32,580,911
Total assets at beginning of fiscal yearUSD $ 29,857,467
Revenues less expenses for current yearUSD $ 37,044
Revenues less expenses for previous yearUSD $ 859
Total expenses for current yearUSD $ 11,050,719
Total expenses for previous yearUSD $ 10,271,756
Other expenses in current yearUSD $ 8,464,460
Other expenses in previous yearUSD $ 7,438,310
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,841,523
Employee salary and benefits paid in previous yearUSD $ 1,787,929
Benefits paid to or for members in current yearUSD $ 744,736
Benefits paid to or for members in previous yearUSD $ 1,045,517
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,087,763
Total revenue in previous fiscal yearUSD $ 10,272,615
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 598,132
Gross sales of inventory assetsUSD $ 867,562
2016-12-31
Total unrelated business incomeUSD $ 3,384
Net unrelated business incomeUSD $ -18,535
Program Service Revenue from prior yearUSD $ 9,370,627
Program Service Revenue from current yearUSD $ 10,080,384
Investment Income from prior yearUSD $ 3,535
Investment Income from current yearUSD $ 13,901
Other Revenue from prior yearUSD $ 30,533
Other Revenue from current yearUSD $ 178,330
Gross receipts from all sourcesUSD $ 10,769,388
Net assets / fund balances at end of fiscal yearUSD $ 9,872,900
Net assets / fund balances at beginning of fiscal yearUSD $ 9,008,778
Total liabilities at end of fiscal yearUSD $ 19,984,567
Total liabilities at beginning of fiscal yearUSD $ 19,365,071
Total assets at end of fiscal yearUSD $ 29,857,467
Total assets at beginning of fiscal yearUSD $ 28,373,849
Revenues less expenses for current yearUSD $ 859
Revenues less expenses for previous yearUSD $ 30,532
Total expenses for current yearUSD $ 10,271,756
Total expenses for previous yearUSD $ 9,374,163
Other expenses in current yearUSD $ 7,438,310
Other expenses in previous yearUSD $ 7,069,984
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,787,929
Employee salary and benefits paid in previous yearUSD $ 1,705,883
Benefits paid to or for members in current yearUSD $ 1,045,517
Benefits paid to or for members in previous yearUSD $ 598,296
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 10,272,615
Total revenue in previous fiscal yearUSD $ 9,404,695
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 496,773
Gross sales of inventory assetsUSD $ 675,103
2015-12-31
Total unrelated business incomeUSD $ 17,611
Net unrelated business incomeUSD $ -425
Program Service Revenue from prior yearUSD $ 9,559,078
Program Service Revenue from current yearUSD $ 9,370,627
Investment Income from prior yearUSD $ 2,115
Investment Income from current yearUSD $ 3,535
Other Revenue from prior yearUSD $ 52,975
Other Revenue from current yearUSD $ 30,533
Gross receipts from all sourcesUSD $ 10,154,183
Net assets / fund balances at end of fiscal yearUSD $ 9,008,778
Net assets / fund balances at beginning of fiscal yearUSD $ 8,563,328
Total liabilities at end of fiscal yearUSD $ 19,365,071
Total liabilities at beginning of fiscal yearUSD $ 18,112,812
Total assets at end of fiscal yearUSD $ 28,373,849
Total assets at beginning of fiscal yearUSD $ 26,676,140
Revenues less expenses for current yearUSD $ 30,532
Revenues less expenses for previous yearUSD $ 52,978
Total expenses for current yearUSD $ 9,374,163
Total expenses for previous yearUSD $ 9,561,190
Other expenses in current yearUSD $ 7,069,984
Other expenses in previous yearUSD $ 7,435,510
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,705,883
Employee salary and benefits paid in previous yearUSD $ 1,618,070
Benefits paid to or for members in current yearUSD $ 598,296
Benefits paid to or for members in previous yearUSD $ 507,610
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,404,695
Total revenue in previous fiscal yearUSD $ 9,614,168
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 749,488
Gross sales of inventory assetsUSD $ 780,021
2014-12-31
Total unrelated business incomeUSD $ 20,716
Net unrelated business incomeUSD $ 1,786
Program Service Revenue from prior yearUSD $ 9,303,758
Program Service Revenue from current yearUSD $ 9,559,078
Investment Income from prior yearUSD $ 10,874
Investment Income from current yearUSD $ 2,115
Other Revenue from prior yearUSD $ 53,363
Other Revenue from current yearUSD $ 52,975
Gross receipts from all sourcesUSD $ 10,391,625
Net assets / fund balances at end of fiscal yearUSD $ 8,563,328
Net assets / fund balances at beginning of fiscal yearUSD $ 8,146,000
Total liabilities at end of fiscal yearUSD $ 18,112,812
Total liabilities at beginning of fiscal yearUSD $ 17,915,521
Total assets at end of fiscal yearUSD $ 26,676,140
Total assets at beginning of fiscal yearUSD $ 26,061,521
Revenues less expenses for current yearUSD $ 52,978
Revenues less expenses for previous yearUSD $ 53,364
Total expenses for current yearUSD $ 9,561,190
Total expenses for previous yearUSD $ 9,314,631
Other expenses in current yearUSD $ 7,435,510
Other expenses in previous yearUSD $ 7,121,383
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,618,070
Employee salary and benefits paid in previous yearUSD $ 1,543,886
Benefits paid to or for members in current yearUSD $ 507,610
Benefits paid to or for members in previous yearUSD $ 649,362
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,614,168
Total revenue in previous fiscal yearUSD $ 9,367,995
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 777,457
Gross sales of inventory assetsUSD $ 830,432

Other Company Names associated with EIN

WHETSTONE VALLEY ELECTRIC
WHETSTONE VALLEY ELECTRIC COOPERATIVE

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 460205275

USA Mailing Address
PO BOX 512
MILBANK
SD
57252
Date first seen: 2007-01-01
Date last seen: 2025-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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