2025-11-17T19:19:11-05:00 2024-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2024-01-01 460226551 RUSHMORE ELECTRIC POWER COOP RUSH 6053424759 PO BOX 2414 RAPID CITY SD 57709 KORY HAMMERBECK CEO/GENERAL MANAGER 6053424759 2025-11-17 true TRACI HANSON CPA P02055725 6053425630 2025-11-17 2024 2025-03-06 01:10:19Z KORY HAMMERBECK PO BOX 2414 RAPID CITY SD 57709 84801328 false X WWW.RUSHELEC.COM X 1950 SD WHOLESALE POWER SUPPLIER TO DISTRIBUTION COMPANY 8 8 31 0 0 7448421 6044716 220369 204925 4718168 4768725 12386958 11018366 0 2619228 2859764 3398353 3776881 0 0 2557655 2514403 8575236 9151048 3811722 1867318 76030638 79206939 8988743 10297726 67041895 68909213 WHOLESALE POWER SUPPLIER TO DISTRIBUTION COMPANY false false FURNISHED AMPLE SUPPLY OF LOW-COST ELECTRICAL POWER TO MEET PRESENT AND FUTURE NEEDS OF MEMBERS IN RURAL AREAS. EIGHT DISTRIBUTION MEMBER COOPERATIVES SERVED 69,362 CONSUMERS. false false false false false false false false false true false true false true true true true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 19 0 true 31 true true true false false false false false false false false false false 81756107 1150641 false false false X 8 8 false false false false true true false true true false false true true true true false true true true false X KORY HAMMERBECK 6053424759 PO BOX 2414 RAPID CITY SD 57709 KORY HAMMERBECK CEO/GENERAL 40.00 X 257530 0 95886 CORY TRAPP ENGINEERING 40.00 X 193527 0 76147 MATT BRUNNER CMO 40.00 X 165536 0 66444 MARCCHARLES ZAUTKE CIO 40.00 X 152861 0 64158 MARK MILLER CFO 40.00 X 128031 0 62715 JUSTIN BRICKNER SECRETARY 2.85 X X 9250 0 0 TOM SCHLACK DIRECTOR 2.46 X 8000 0 0 DWIGHT ROSSOW PRESIDENT 1.85 X X 7100 0 0 JAMIE LEWIS DIRECTOR 2.15 X 7000 0 0 KERRY MCLELLAN DIRECTOR 2.15 X 7000 0 0 DAVE LINDBLOM VICE PRESIDE 1.85 X X 6000 0 0 DAN HEFNER TREASURER 1.69 X X 5500 0 0 MIKE MCQUISTION DIRECTOR 1.38 X 4500 0 0 951835 365350 5 false true false G&T CAPITAL CREDITS 221000 4538800 4538800 ENGINEERING REVENUE 541300 1499433 1499433 OTHER CAPITAL CREDITS 221000 6483 6483 6044716 201325 201325 29644 15084 14560 14560 14560 3600 3600 3600 3600 77919534 73767878 4151656 4151656 LEASED EMPLOYEES-CREDIT UNION 541300 313705 313705 PAYROLL REIMBURSE-RCI 541300 285804 285804 ADMIN SERVICES - CREDIT UNION 541300 3000 3000 602509 11018366 10196372 821994 2859764 407766 2412326 655038 120564 181187 98658 23576 70553 156399 47424 871478 119737 84369 134172 513251 EQUIP AND VEHICLE EXP 201222 DUES AND SUBSCRIPTIONS 143627 MISCELLANEOUS 49937 9151048 0 0 0 358575 259335 6333406 6996807 216797 318470 313632 332965 10779877 8648197 1751614 2131680 67056614 69167682 76030638 79206939 8602438 9905237 145310 145310 240995 247179 8988743 10297726 X 800 800 67041095 68908413 67041895 68909213 76030638 79206939 1867318 X false true X true false 205461 205461 999718 848867 150851 9574698 7799330 1775368 2131680 PATRONAGE CAPITAL CREDITS 64284622 C BASIN ELECTRIC COMMERCIAL PAPER 4145552 C CAPITAL TERM CERTS-OTHER COOPS 386692 C INVESTMENT IN RUSHMORE COMMUNICATION 350816 C 69167682 ACCRUED PAST SERVICE COST 247179 247179 X 84224619 73808762 73808762 10415857 602509 602509 11018366 79497537 73808762 73808762 5688775 3462273 3462273 9151048 SCHEDULE D, PAGE 3, PART X AT DECEMBER 31, 2024, THE COOPERATIVE BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. SCHEDULE D, PAGE 4, PART XI, LINE 2D INTER-COMPANY ELIMINATING ACTIVITY - ENGINEERING 25,800 COST OF POWER 73,767,878 RCI RENT 15,084 SCHEDULE D, PAGE 4, PART XI, LINE 4B LEASED EMPLOYEES 313,705 ADMIN FEE 3,000 PAYROLL REIMBURSE-RCI 285,804 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF POWER 73,767,878 INTER-COMPANY ELIMINATING ACTIVITY - ENGINEERING 25,800 RCI RENT 15,084 SCHEDULE D, PAGE 4, PART XII, LINE 4B LEASED EMPLOYEES 313,705 ADMIN FEE 3,000 PAYROLL REIM-RCI 285,804 RETIREMENT OF CAPITAL CREDITS 2,859,764 X X X false false false KORY HAMMERBECK CEO/GENERAL MANAGER 257530 60250 35636 353416 CORY TRAPP ENGINEERING MANAGER 193527 44050 32097 269674 MATT BRUNNER CMO 165536 36692 29752 231980 MARCCHARLES ZAUTKE CIO 152861 34799 29359 217019 MARK MILLER CFO 128031 30835 31880 190746 FORM 990, PAGE 6, PART VI, LINE 6 THERE ARE EIGHT MEMBER COOPERATIVES, EACH OF WHICH HAS ONE REPRESENTATIVE THAT IS A VOTING MEMBER OF OUR BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER COOPERATIVE ELECTS ONE OF THEIR BOARD OF DIRECTORS TO BE ON THE BOARD OF DIRECTORS OF RUSHMORE ELECTRIC POWER COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT HAS AN OUTSIDE CPA FIRM PREPARE THE FORM 990. A COPY IS PROVIDED TO THE BOARD OF DIRECTORS TO REVIEW BEFORE FILING. MANAGEMENT REVIEWS AND APPROVES THE FORM 990 BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE GENERAL MANAGER AND BOARD OF DIRECTORS ARE RESPONSIBLE FOR MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY AT ALL COMMITTEE AND BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A A YEARLY COMPENSATION STUDY IS PREPARED BY THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION. THE STUDY INCLUDES NATIONAL, REGIONAL, STATE AND LOCAL WAGE COMPARISONS FOR EACH POSITION IN THE COOPERATIVE. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE GENERAL MANAGER. DOCUMENTATION OF COMPARABLE DATA IS MAINTAINED. FORM 990, PAGE 6, PART VI, LINE 15B THE GENERAL MANAGER ALSO ASSUMES THE ROLE OF FINANCE OFFICER. FORM 990, PAGE 6, PART VI, LINE 19 UPON WRITTEN REQUEST THE COOPERATIVE WILL MAIL OUT ANNUAL REPORTS, RUS REPORTS AND THE ARTICLES OF INCORPORATION TO NON-MEMBERS. MEMBERS CAN RECEIVE THE ARTICLES OF INCORPORATION, BYLAWS, BOARD POLICIES, WHOLESALE RATE SCHEDULE, AUDIT REPORTS, MANAGEMENT AUDITS, POWER BILLING DATA, ENGINEERING STUDIES, LOAD STUDIES, ANNUAL REPORTS, RUS REPORTS AND RATE STUDIES. RUSHMORE COMMUNICATIONS 1715 CAMBELL ST RAPID CITY SD 57701 460447025 COMMUNICAT SD RUSHMORE RUSHMORE ELECTRIC POWER C CORP -29847 542759 1.00000 false true false false false false false false false false false false false true false true false false false false RUSHMORE COMMUNICATIONS M 87217 RUSHMORE COMMUNICATIONS A 15084 RUSHMORE COMMUNICATIONS O 285804