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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$265.1M
+6.8% YoY
Annual Giving
$14K
+104.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$7K
+2.0% YoY
About Southeastern Electric Cooperative Inc
Based on IRS filings
Southeastern Electric Cooperative Inc is a nonprofit organization focused on Mutual/Membership Benefit, based in LENNOX, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $265.1M in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $361K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $265,106,823 | $248,235,233 | $223,506,079 |
| Revenue | $87,619,989 | $81,602,377 | $76,912,343 |
| Expenses | $87,619,989 | $81,602,377 | $76,912,343 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $361,112 | $397,018 | $279,701 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Open Grants
3 open opportunities from Southeastern Electric Cooperative Inc
SEC Scholarship Program
SOUTHEASTERN ELECTRIC COOPERATIVE INC
Amount
$9,000 total ($1,250, $1,000, and $500 individual awards)
Deadline
May 31, 2027
Washington D.C. Youth Tour
SOUTHEASTERN ELECTRIC COOPERATIVE INC
Amount
Varies
Deadline
December 8, 2026
Youth Excursion
SOUTHEASTERN ELECTRIC COOPERATIVE INC
Amount
All-expenses-paid trip (lodging, meals, transportation included)
Deadline
May 31, 2026
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE HOLMBERG | PRESIDENT | 5.3 | $13,230 |
| ROBERT WOLLMANN | VICE PRESIDENT | 7.1 | $13,780 |
| DARYL TERVEEN | TREASURER | 4.5 | $11,205 |
| JOHNATHAN WILDEBOER | SECRETARY | 6.1 | $15,155 |
| CHRIS HOFER | DIRECTOR | 3.4 | $11,880 |
| CARLOS HOFER | DIRECTOR | 3.8 | $10,855 |
| DON HEEREN | DIRECTOR | 5.9 | $12,530 |
| JOHN OSTRAAT | DIRECTOR | 6.7 | $14,605 |
| DONOVAN KOST | DIRECTOR | 8.8 | $17,405 |
| JON WUNDER | CFO | 40 | $158,959 |
| CHAD KINSLEY | CEO | 40 | $327,102 |
| JOHN EUCHNER | VP OF OPERATIONS & ENGINEERING | 40 | $185,992 |
| TODD NELSON | VP OF INFORMATION TECHNOLOGY | 40 | $169,667 |
| TROY PETERS | LINE SUPERINTENDENT | 40 | $153,745 |
| ROBERT KALDA | LINE SUPERINTENDENT | 40 | $133,929 |
| ADAM STARK | LINE SUPERINTENDENT | 40 | $137,800 |
| ROBERT DUBBELDE | LINE SUPERINTENDENT | 40 | $140,578 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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