NFP500

#439 of 500 · Member & Benefit Funds

East River Electric Power Cooperative Inc

EIN 46-0225402 · SD · NTEE n/a · Form 990, fiscal 2023

A not-for-profit generation and transmission (power supply) cooperative. It delivers wholesale electric power and related services to 24 rural electric distribution cooperatives and one municipally owned system across eastern South Dakota and western Minnesota, operating at cost of service on behalf of its member systems.

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Financials, fiscal 2023

Revenue
$356.9M
Expenses
$356.9M
Total assets
$910.3M
Net assets
$285.8M
Operating margin
0.0%
1-year growth
6.4%
5-year growth (CAGR)
5.0%
Reserve (years of spending)
9.6
Contributions share
n/a
Programme spending
99.8%
Fundraising cost
n/a
Executive pay share
0.50%
Employees
170
Revenue per employee
$2.1M
Grants paid
$68K
Years filing
66

NFP Health Score: 76 / 100

Financial 56 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

East River exists to enhance the value of its members by providing power, information and innovation.

Revenue history

YearRevenue
2019$293.6M
2020$286.2M
2021$299.3M
2022$335.4M
2023$356.9M