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H D Electric Cooperative Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$14.1M (2023)

Expenses
$14.1M (2023)

Total Assets
$48.9M (2023)

Total Liabilities
$33.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,079,105
Expenses
$14,079,105
Net Income
$0
Net Assets
$15,409,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,810,684
98.1%
Investment Income $153,535
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,335
0.1%
Net Inventory Sales $104,551
0.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $552,343
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $336,663
2.4%
Assets/Debt
Total Assets $48,931,326
Total Liabilities $33,521,342
Net Assets $15,409,984
Club or Co-Op Income
Income From Members $14,312,084
Income From Other Sources $886,869
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hotzler (General Manager) $181,994 $0 $84,944
Troy Kwasniewski (Operations Manager) $139,379 $0 $72,749
Annette Aberle (Finance Admin Manager) $121,948 $0 $63,179
Thomas Lundberg (Member Service Manager) $111,259 $0 $58,843
Kevin Holida (Lead Lineman) $109,655 $0 $57,469
Joseph Raml (Lead Lineman) $105,287 $0 $42,597
Roger Cutshaw (Engineer) $101,871 $0 $23,493
Casper Niemann (Director) $12,020 $0 $0
Kevin Deboer (Director) $9,370 $0 $0
Steven Hansen (Director Treasurer) $8,520 $0 $0
Dale Williams (Director) $7,745 $0 $0
Todd Moritz (Director) $7,570 $0 $0
Roxanne Bass (Director Secretary) $5,820 $0 $0
Calvin Musch (Director Mar Dec 2023) $5,360 $0 $0
Bert Rogness (Director President) $5,270 $0 $0
Terry Strohfus (Director Vide President) $3,720 $0 $0
Laurie Seefeldt (Director Jan Feb 2023) $810 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,935,647
Expenses
$13,935,647
Net Income
$0
Net Assets
$14,326,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,788,225
98.9%
Investment Income $73,803
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,321
0.1%
Net Inventory Sales $64,298
0.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $481,046
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $535,322
3.8%
Assets/Debt
Total Assets $45,699,973
Total Liabilities $31,373,784
Net Assets $14,326,189
Club or Co-Op Income
Income From Members $13,525,870
Income From Other Sources $100,976
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hotzler (General Manager) $166,969 $0 $104,166
Troy Kwasniewski (Operations Manager) $124,842 $0 $81,354
Kevin Holida (Lead Lineman) $118,649 $0 $65,091
Joseph Raml (Lead Lineman) $109,958 $0 $48,581
Annette Aberle (Finance Admin Mgr) $106,620 $0 $70,146
Derek Bille (Lineman) $100,953 $0 $24,783
Thomas Lundberg (Member Service Manager) $100,919 $0 $64,476
Dale Williams (Board Director) $8,865 $0 $0
Steven Hansen (Board Treasurer) $7,365 $0 $0
Roxanne Bass (Board Secretary) $6,740 $0 $0
Casper Niemann (Board Director) $6,490 $0 $0
Kevin Deboer (Board Director) $5,365 $0 $0
Todd Moritz (Board Director) $4,240 $0 $0
Terry Strohfus (Board Vice President) $4,115 $0 $0
Laurie Seefeldt (Board Director) $3,240 $0 $0
Bert Rogness (Board President) $3,240 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,726,954
Expenses
$12,726,954
Net Income
$0
Net Assets
$13,040,335
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,619,972
99.2%
Investment Income $57,914
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,591
0.0%
Net Inventory Sales $46,477
0.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $775,866
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $168,398
1.3%
Assets/Debt
Total Assets $42,244,168
Total Liabilities $29,203,833
Net Assets $13,040,335
Club or Co-Op Income
Income From Members $13,362,113
Income From Other Sources $77,644
Compensation
Key Employees and Officers Compensation Related Other
Matthew Hotzler (General Manager) $157,944 $0 $86,667
Troy Kwasniewski (Operations Manager) $117,947 $0 $77,188
Annette Aberle (Finance Admin Mgr) $101,969 $0 $65,748
Dale Williams (Board Director) $6,865 $0 $0
Kevin Deboer (Board Director) $6,490 $0 $0
Steven Hansen (Board Treasurer) $5,615 $0 $0
Casper Niemann (Board Director) $5,365 $0 $0
Laurie Seefeldt (Board Director) $5,115 $0 $0
Todd Moritz (Board Director) $5,115 $0 $0
Roxanne Bass (Board Secretary) $4,990 $0 $0
Terry Strohfus (Board Vice President) $4,010 $0 $0
Bert Rogness (Board President) $3,615 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,935,091
Expenses
$11,935,091
Net Income
$0
Net Assets
$12,627,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,707,138
98.1%
Investment Income $147,212
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,931
0.1%
Net Inventory Sales $71,810
0.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $416,602
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $528,240
4.4%
Assets/Debt
Total Assets $40,004,005
Total Liabilities $27,376,572
Net Assets $12,627,433
Club or Co-Op Income
Income From Members $12,286,935
Income From Other Sources $120,290
Compensation
Key Employees and Officers Compensation Related Other
Matt Hotzler (General Manager) $151,373 $0 $75,392
Troy Kwasniewski (Operations Manager) $111,201 $0 $63,786
Annie Aberle (Finance Admin. Mrg.) $95,715 $0 $55,837
Tom Lundberg (Member Service Manager) $92,675 $0 $52,672
Roxanne Bass (Board Secretary) $6,365 $0 $0
Kevin Deboer (Board Director) $6,365 $0 $0
Steve Hansen (Board Treasurer) $5,865 $0 $0
Terry Strohfus (Board Vice President) $5,095 $0 $0
Dale Williams (Board Director) $4,615 $0 $0
Laurie Seefeldt (Board Director) $4,240 $0 $0
Bert Rogness (Board President) $3,990 $0 $0
Alvin Kangas (Board Director) $3,160 $0 $0
Casper Niemann (Board Director) $1,705 $0 $0
Todd Moritz (Board Director) $1,330 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,180,746
Expenses
$12,180,746
Net Income
$0
Net Assets
$12,259,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,929,201
97.9%
Investment Income $201,667
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,500
0.0%
Net Inventory Sales $44,378
0.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $435,456
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $580,163
4.8%
Assets/Debt
Total Assets $39,358,193
Total Liabilities $27,099,056
Net Assets $12,259,137
Club or Co-Op Income
Income From Members $12,039,897
Income From Other Sources $807,213

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,084,648
Expenses
$12,084,648
Net Income
$0
Net Assets
$11,798,543
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,932,828
98.7%
Investment Income $116,707
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,961
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $433,490
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $469,562
3.9%
Assets/Debt
Total Assets $37,760,739
Total Liabilities $25,962,196
Net Assets $11,798,543
Club or Co-Op Income
Income From Members $11,134,637
Income From Other Sources $93,022

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,010,771
Expenses
$11,010,771
Net Income
$0
Net Assets
$10,699,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,868,974
98.7%
Investment Income $112,270
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,689
0.0%
Net Inventory Sales $25,838
0.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $411,903
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $437,181
4.0%
Assets/Debt
Total Assets $32,758,552
Total Liabilities $22,059,249
Net Assets $10,699,303
Club or Co-Op Income
Income From Members $10,868,647
Income From Other Sources $146,390

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,657,084
Expenses
$10,657,084
Net Income
$0
Net Assets
$10,223,783
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,453,611
98.1%
Investment Income $143,022
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,394
0.1%
Net Inventory Sales $54,057
0.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $405,327
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $455,146
4.3%
Assets/Debt
Total Assets $31,295,374
Total Liabilities $21,071,591
Net Assets $10,223,783
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,763,255
Expenses
$9,763,255
Net Income
$0
Net Assets
$9,447,953
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,581,048
98.1%
Investment Income $135,914
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,748
0.1%
Net Inventory Sales $40,545
0.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $374,747
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $447,610
4.6%
Assets/Debt
Total Assets $30,439,578
Total Liabilities $20,991,625
Net Assets $9,447,953
Club or Co-Op Income
Income From Members $9,955,518
Income From Other Sources $109,877

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,894,039
Expenses
$9,894,039
Net Income
$0
Net Assets
$9,053,223
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,710,475
98.1%
Investment Income $143,855
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,336
0.1%
Net Inventory Sales $34,373
0.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $369,374
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $459,080
4.6%
Assets/Debt
Total Assets $28,071,634
Total Liabilities $19,018,411
Net Assets $9,053,223
Club or Co-Op Income
Income From Members $9,817,416
Income From Other Sources $105,510

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,495,586
Expenses
$9,495,586
Net Income
$0
Net Assets
$8,766,862
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,294,474
97.9%
Investment Income $181,296
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,560
0.1%
Net Inventory Sales $9,256
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $346,830
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $303,274
3.2%
Assets/Debt
Total Assets $27,977,799
Total Liabilities $19,210,937
Net Assets $8,766,862
Club or Co-Op Income
Income From Members $9,310,963
Income From Other Sources $170,252

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,527,260
Expenses
$8,527,260
Net Income
$0
Net Assets
$8,311,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,298,643
97.3%
Investment Income $194,480
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,400
0.1%
Net Inventory Sales $23,737
0.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $340,492
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $399,841
4.7%
Assets/Debt
Total Assets $25,594,497
Total Liabilities $17,282,930
Net Assets $8,311,567
Club or Co-Op Income
Income From Members $8,317,947
Income From Other Sources $151,376

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,846,404
Expenses
$7,846,404
Net Income
$0
Net Assets
$7,996,454
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,660,364
97.6%
Investment Income $112,249
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $33,137
0.4%
Net Inventory Sales $40,654
0.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $317,486
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $376,967
4.8%
Assets/Debt
Total Assets $25,081,928
Total Liabilities $17,085,474
Net Assets $7,996,454
Club or Co-Op Income
Income From Members $7,674,424
Income From Other Sources $172,786

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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