SOUTH DAKOTA ELECTRIC UTILITY COMPANIES (EIN 460220595) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

STEVE WILLARD

Phone

6052246311

Tax Period

2024-01-01 to 2024-12-31

SOUTH DAKOTA ELECTRIC UTILITY COMPANIES, founded in 1949, is a small nonprofit that reported $465K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $426K left a modest 8% surplus.

Mission

PROMOTING INVESTOR OWNED ELECTRIC COMPANIES

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $383,500

Program Service Revenue $0

Investment Income $2,640

Other Revenue $12,247

TOTAL REVENUE $398,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $380,190

TOTAL EXPENSES $380,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$398,387	$394,099	+0.0%
Expenses	$380,190	$419,043	-0.1%
Net Income	$18,197	$-24,944	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE KIVISTO	Chairman	1.00	Director	$0	$0	$0
TIM ROGELSTAD	Director	1.00	Director	$0	$0	$0
ONNALEE GETTLER	Director	1.00	Director	$0	$0	$0
MARNE JONES	Director	1.00	Director	$0	$0	$0
BRIAN BIRD	Director	1.00	Director	$0	$0	$0
JOHN MARSHALL	Director	1.00	Director	$0	$0	$0
STEVE WILLARD	Executive Dir.	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$398,387	$380,190	$241,733	$18,197
2023	$394,099	$419,043	$223,536	$-24,944
2022	$391,329	$357,764	$248,480	$33,565
2021	$403,129	$394,350	$214,915	$8,779
2020	$400,837	$371,271	$206,136	$29,566
2019	$428,919	$376,327	$176,570	$52,592
2018	$465,007	$425,946	$123,978	$39,061

SOUTH DAKOTA ELECTRIC UTILITY COMPANIES