Nonprofit · EIN 46-0434317
DAKOTA ENERGY COOPERATIVE INC
Tax-exempt · HURON, SD 57350
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $28,164,675 | $26,062,784 | $2,101,891 | $68,051,521 | $37,836,581 | $30,214,940 |
| December 31, 2024 | 990 | $28,315,150 | $26,587,804 | $1,727,346 | $64,983,574 | $37,050,216 | $27,933,358 |
| December 31, 2023 | 990 | $27,659,641 | $25,334,957 | $2,324,684 | $62,870,380 | $36,720,117 | $26,150,263 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $28,047,308
- Investment income
- $13,491
- Net income from sales of inventory
- $103,876
- Other revenue
- $103,876
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $751,295
- Compensation of officers, directors and key employees
- $377,946
- Other salaries and wages
- $2,286,687
- Salaries, compensation and benefits (total)
- $4,062,334
- Professional fundraising fees
- $0
- Depreciation
- $2,212,344
Balance sheet and other
- Total assets, start of year
- $64,983,574
- Total assets, end of year
- $68,051,521
- Total liabilities, end of year
- $37,836,581
- Net assets, end of year
- $30,214,940
- Land, buildings and equipment
- $42,830,477
- Gross receipts
- $29,277,846
- Employees
- 29
- Year formed
- 1995
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHAD FELDERMAN | GENERAL MANA Officer | 40 | $165,744 | $82,945 |
| MATT ZOMER | MANAGER OF O Highest-paid employee | 40 | $118,262 | $66,770 |
| JODENE DECKER | MANAGER OF H Highest-paid employee | 40 | $110,576 | $57,817 |
| ROBERT FELDHAUS | AREA LINE FO Highest-paid employee | 40 | $103,691 | $61,136 |
| BRANDON MOORE | JOURNEYMAN Highest-paid employee | 40 | $103,195 | $59,978 |
| DANIEL LANGBEHN | DIRECTOR Trustee or director | 5 | $20,063 | $0 |
| JOANN MORFORD | DIRECTOR Trustee or director | 4.8 | $16,814 | $0 |
| DOUG SCHAEFERS | DIRECTOR Trustee or director | 1.9 | $15,166 | $0 |
| DARRELL RASCKE | PRESIDENT Trustee or director, Officer | 7.6 | $14,032 | $0 |
| BRIAN BONEBRIGHT | TREASURER Trustee or director, Officer | 3.9 | $13,041 | $0 |
| JD WANGSNESS | DIRECTOR Trustee or director | 3.6 | $10,344 | $0 |
| NICK NEMEC | VICE PRESIDE Trustee or director, Officer | 5.2 | $10,232 | $0 |
| BRIAN BAUM | DIRECTOR Trustee or director | 2.2 | $9,032 | $0 |
| TOMMY BARUTH | SECRETARY Trustee or director, Officer | 2 | $7,022 | $0 |
| SCHAUN SCHNATHORST | DIRECTOR Trustee or director | 0 | $3,411 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHAD FELDERMAN | GENERAL MANA Officer | 40 | $164,778 | $117,032 |
| MATT ZOMER | MANAGER OF O Highest-paid employee | 40 | $112,372 | $141,991 |
| JODENE DECKER | MANAGER OF H Highest-paid employee | 40 | $107,639 | $90,082 |
| BRANDON MOORE | JOURNEYMAN Highest-paid employee | 40 | $102,371 | $79,264 |
| DARRELL RASCKE | PRESIDENT Trustee or director, Officer | 9.9 | $14,507 | $0 |
| NICK NEMEC | VICE PRESIDE Trustee or director, Officer | 7.5 | $13,707 | $0 |
| BRIAN BAUM | DIRECTOR Trustee or director | 2.3 | $10,907 | $0 |
| DOUG SCHAEFERS | DIRECTOR Trustee or director | 1.6 | $10,307 | $0 |
| BRIAN BONEBRIGHT | TREASURER Trustee or director, Officer | 3.8 | $9,507 | $0 |
| TOMMY BARUTH | SECRETARY Trustee or director, Officer | 1.9 | $7,307 | $0 |
| DANIEL LANGBEHN | DIRECTOR Trustee or director | 1.6 | $7,011 | $0 |
| JD WANGSNESS | DIRECTOR Trustee or director | 1.6 | $5,011 | $0 |
| CHAD DEARBORN | DIRECTOR Trustee or director | 4.2 | $4,297 | $0 |
| CHASE BINGER | DIRECTOR Trustee or director | 5.3 | $3,697 | $0 |
| JOANN MORFORD | DIRECTOR Trustee or director | 1.3 | $3,650 | $0 |
| TODD BUSHONG | DIRECTOR Trustee or director | 1.4 | $3,622 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHAD FELDERMAN | GENERAL MANA Officer | 40 | $161,033 | $125,008 |
| MIKE MONCUR | MANAGER OF F Highest-paid employee | 40 | $128,577 | $87,114 |
| MATT ZOMER | MANAGER OF O Highest-paid employee | 40 | $101,083 | $114,354 |
| CHASE BINGER | DIRECTOR Trustee or director | 22.2 | $10,907 | $0 |
| NICK NEMEC | VICE PRESIDE Trustee or director, Officer | 3.8 | $10,832 | $0 |
| DARRELL RASCKE | PRESIDENT Trustee or director, Officer | 11.9 | $10,438 | $0 |
| TOMMY BARUTH | SECRETARY Trustee or director, Officer | 3.6 | $10,432 | $0 |
| TODD BUSHONG | DIRECTOR Trustee or director | 4.9 | $8,032 | $0 |
| BRUCE MICHEEL | DIRECTOR Trustee or director | 4.9 | $6,822 | $0 |
| CHAD DEARBORN | DIRECTOR Trustee or director | 11.1 | $6,632 | $0 |
| NEIL DUXBURY | DIRECTOR Trustee or director | 7.6 | $4,822 | $0 |
| STEVE PETERSON | DIRECTOR Trustee or director | 3.1 | $4,822 | $0 |
| BRIAN BAUM | DIRECTOR Trustee or director | 0.7 | $3,411 | $0 |
| BRIAN BONEBRIGHT | TREASURER Trustee or director, Officer | 1.1 | $3,211 | $0 |
| DOUG SCHAEFERS | DIRECTOR Trustee or director | 0.7 | $2,811 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 830, HURON, SD 57350-0830
- Principal officer (990 for 2025)
- CHAD FELDERMAN, PO BOX 830, HURON, SD 57350
- Signed the 990
- CHAD FELDERMAN, GENERAL MANAGER/CEO
- Phone
- (605) 352-8591
- Website
- WWW.DAKOTAENERGY.COOP
- Return prepared by
- KETEL THORSTENSON LLP
Mission
SERVICE FOR YOUR WAY OF LIFE
Program accomplishments
- PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 2,269 MEMBERS. WE ADDED 8 MILES OF UNDERGROUND AND REMOVED 10 MILES OF OVERHEAD LINE AND BUILT 37 NEW SERVICES.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0434317
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $68,051,521
- Income (IRS master file)
- $29,277,846
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $28,164,675 | $26,062,784 | $68,051,521 | XML |
| 990 | December 2024 | $28,315,150 | $26,587,804 | $64,983,574 | XML |
| 990 | December 2023 | $27,659,641 | $25,334,957 | $62,870,380 | XML |
| 990 | December 2022 | $25,787,850 | $24,205,129 | $60,692,155 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0434317).
Questions about DAKOTA ENERGY COOPERATIVE INC
- What is the EIN of DAKOTA ENERGY COOPERATIVE INC?
- The employer identification number (EIN) of DAKOTA ENERGY COOPERATIVE INC is 46-0434317.
- Is DAKOTA ENERGY COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1995.
- Are donations to DAKOTA ENERGY COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DAKOTA ENERGY COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAKOTA ENERGY COOPERATIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAKOTA ENERGY COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DAKOTA ENERGY COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names CHAD FELDERMAN.
- Who are the officers and directors of DAKOTA ENERGY COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $165,744 (CHAD FELDERMAN, GENERAL MANA).
- How much revenue does DAKOTA ENERGY COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $28,164,675, expenses of $26,062,784 and total assets of $68,051,521 at year end.
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