East River Electric Power

MADISON, SD EIN: 46-0225402 Website

EAST RIVER ELECTRIC POWER COOPERATIVE EXISTS TO ENHANCE THE VALUE OF ITS MEMBERS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.0B

+11.8% YoY

Annual Giving

-100.0% YoY

Grant Count

0

-100.0% YoY

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$102M$204M$306M$409M20202021202220232024
Metric202420232022
Total Assets$1,017,794,449$910,292,262$837,365,298
Revenue$371,444,036$356,938,059$335,441,988
Expenses$371,444,036$356,938,059$335,441,988
Qualifying Distributions
Net Investment Income$762,225$641,122$563,795
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$47K4 grants20204 grants20215 grants20225 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does East River Electric Power fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ROBERT SAHRCEO/GENERAL MANAGER$621KSCOTT SHEWEYCFO$348KMARK HOFFMANCOO$275KJEFFREY MAYCIO$255KMICHAEL JASPERSBUSINESS DEVELOPMENT DIRECTOR$243KCHRIS STUDERCHIEF MEMBER AND PUBLIC RELA…$243KELIZABETH AVERYCHRO$240KDANIEL BROWNGENERAL COUNSEL$226KBERT ROGNESSTREASURER$20KDARRELL RASCHKEDIRECTOR$20KDUANE WOLBRINKVICE PRESIDENT$19KRON SAMUELSONDIRECTOR$18KALAN VEDVEIPRESIDENT$17KGARY BACHMANDIRECTOR$17KALAN HINDERMANDIRECTOR$16KMICHAEL LONGTINDIRECTOR$16KJAMES RYKENPRESIDENT/DIRECTOR (BEG SEPT…$14KDOUG DIEKMANNDIRECTOR$14KRYAN NOYESDIRECTOR$13KPAUL VOIGTSECRETARY$13KDON SCHURDEVINDIRECTOR$13KKERMIT PEARSONDIRECTOR$12KDAVID BEHRNSDIRECTOR (BEG APR 2024)$12KJEFF HUFFORDDIRECTOR (UNTIL AUG 2024)$10KWAYNE LEFERSDIRECTOR (BEG JULY 2024)$9KJOHN OSTRAATDIRECTOR (UNTIL AUG 2024)$7KRODNEY DEMENTDIRECTOR (UNTIL AUG 2024)$7KBRAD DONNAYDIRECTOR (BEG SEPT 2024)$7KSTEVE HOLMBERGDIRECTOR (BEG SEP 2024)$6KDAVID NEUGEBAUERDIRECTOR (UNTIL MAY 2024)$4KGARY FISHDIRECTOR (BEG SEP 2024)$4KDARREN STRASSERDIRECTOR (UNTIL MAR 2024)$3KKIRK SCHAUNAMANDIRECTOR$54DAVE WARKENTHIENDIRECTOR$54

From 2024 filing

NameTitleHoursCompensation
ALAN VEDVEIPRESIDENT4$17,252
JAMES RYKENPRESIDENT/DIRECTOR (BEG SEPT 2024)4$14,306
DUANE WOLBRINKVICE PRESIDENT4$18,719
BERT ROGNESSTREASURER4$19,888
PAUL VOIGTSECRETARY3$13,067
GARY BACHMANDIRECTOR3$16,581
DAVID BEHRNSDIRECTOR (BEG APR 2024)3$11,524
DARREN STRASSERDIRECTOR (UNTIL MAR 2024)2$3,095
DOUG DIEKMANNDIRECTOR3$13,717
BRAD DONNAYDIRECTOR (BEG SEPT 2024)4$6,637
JEFF HUFFORDDIRECTOR (UNTIL AUG 2024)3$10,262
GARY FISHDIRECTOR (BEG SEP 2024)3$3,928
RODNEY DEMENTDIRECTOR (UNTIL AUG 2024)3$7,233
ALAN HINDERMANDIRECTOR3$16,305
STEVE HOLMBERGDIRECTOR (BEG SEP 2024)4$6,459
JOHN OSTRAATDIRECTOR (UNTIL AUG 2024)2$7,432
TREVOR JOBDIRECTOR2
WAYNE LEFERSDIRECTOR (BEG JULY 2024)4$8,876
DAVID NEUGEBAUERDIRECTOR (UNTIL MAY 2024)2$4,295
MICHAEL LONGTINDIRECTOR3$15,846
RYAN NOYESDIRECTOR2$13,317
KERMIT PEARSONDIRECTOR2$11,827
DARRELL RASCHKEDIRECTOR4$19,878
RON SAMUELSONDIRECTOR3$17,734
KIRK SCHAUNAMANDIRECTOR3$54
DON SCHURDEVINDIRECTOR3$12,975
DAVE WARKENTHIENDIRECTOR3$54
ROBERT SAHRCEO/GENERAL MANAGER47$621,455
SCOTT SHEWEYCFO45$347,711
MARK HOFFMANCOO41$274,854
CHRIS STUDERCHIEF MEMBER AND PUBLIC RELATIONS OFFICER47$243,101
JEFFREY MAYCIO45$254,877
ELIZABETH AVERYCHRO41$239,685
MICHAEL JASPERSBUSINESS DEVELOPMENT DIRECTOR43$243,116
DANIEL BROWNGENERAL COUNSEL45$225,728

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

BROOKINGSMADISONPIERRESIOUX FALLS

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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