2024-04-17T05:05:24-04:00 2023-12-31 990 2023-01-01 460111503 BLACK HILLS ELECTRIC COOPERATIVE INC % Walker Witt BLAC 6056734461 PO BOX 792 CUSTER SD 577300792 SAMMI LANGENDORF CFO 2024-04-17 2023 2023-04-26 12:10:37Z Walker Witt PO BOX 792 CUSTER SD 577300792 25017087 false X bhec.coop X 1940 SD Black Hills Electric cooperative is a non-profit member owned organization whose mission is to provide great electric distribution service at the lowest cost consistent with sound business practices. 7 7 29 0 0 0 0 0 25530403 24601044 1790351 296556 10336 6997 27331090 24904597 12900 15835 2483283 1999698 3362274 3378522 0 0 0 15230662 15682055 21089119 21076110 6241971 3828487 78519547 82154386 44174518 45930003 34345029 36224383 Black Hills Electric Cooperative is a non-profit member owned organization whose mission is to provide great electric distribution service at the lowest cost consistent with sound business practices. false false 21076110 15835 24601750 Provide electric service to 11,188 service locations in the rural area of the Black Hills and southwest Soth Dakota 24 hours each day of the year. 0 0 0 0 0 0 0 0 0 21076110 false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 29 0 true 29 true false false false false false false false 0 false false false false false false false 23793357 451595 0 0 false false false 7 7 false false false false true true true true true false false true true true true true true true true false X Sammi Langendorf 6056734461 PO box 792 25191 Cooperative Way Custer SD 57730 Walker Witt CEO 53.00 0.00 X 275031 0 113691 Sammi Langendorf CFO 49.00 0.00 X 162810 0 80834 Bill Brisk Manger of Operations 49.00 0.00 X 163025 0 65776 Jesse Sorenson System Coordinator 44.00 0.00 X 146946 0 75626 Jeff Barnes IT Specialist 42.00 0.00 X 117055 0 67403 Dean Whitney Crew Foreman 43.00 0.00 X 111301 0 62680 Michelle Fischer Dir of Communications Member Service 43.00 0.00 X 108409 0 61173 Rory Halverson Staking Tech 42.00 0.00 X 105959 0 62777 Don Andersen Board Secretary 4.00 0.00 X X 10958 0 0 Thad Wasson Board Assistant Secretary 4.00 0.00 X X 10290 0 0 Dennis Quivey Board President 4.00 0.00 X X 7937 0 0 Jim Preston Board Vice President 4.00 0.00 X X 7656 0 0 Gary Kluthe Board Treasurer 4.00 0.00 X X 7094 0 0 Alan Bishop Director 4.00 0.00 X 6357 0 0 David Lindblom Director 4.00 0.00 X 4250 0 0 1245078 0 589960 10 true true false Kainz Powerlines Inc PO Box 748 CUSTER SD 57730 Line Construction 285531 Rushmore Engineering PO Box 2414 Rapid City SD 57709 Engineering 152278 SD Rural Electric Association 222 West Pleasant Pierre SD 57501 Training & Publishing 138737 3 0 0 0 0 0 0 0 0 Sale of Electricity 221122 22963432 22963432 0 0 G&T Capital Credits 221122 914983 914983 0 0 Other Capital Credits 221122 154322 154322 0 0 Transmission Credit 221122 463096 463096 0 0 Pole Attachment Rental 221122 32970 32970 0 0 72241 72241 0 0 24601044 296556 0 0 296556 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 118781 112490 6291 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 706 706 0 0 706 24904597 24601750 0 296556 15835 0 0 0 0 0 1999698 0 503196 0 0 0 0 0 0 0 1586954 0 0 0 610300 0 0 0 513899 0 0 0 164173 0 0 0 0 0 0 0 15505 0 0 0 27620 0 0 0 1650 0 0 0 0 0 0 0 0 0 241215 0 0 0 127039 0 0 0 163500 0 0 0 155727 0 0 0 0 0 0 0 132102 0 0 0 363875 0 0 0 0 0 0 0 55083 0 0 0 1082559 0 0 0 103323 0 0 0 3036588 0 0 0 147067 0 0 0 POWER AND TRANSMISSION 11531968 0 0 0 OPERATIONS/MAINTENANCE OF LINE 232313 0 0 0 GROSS REC TAX 213540 0 0 0 CAPITAL CREDIT RETIREMENT -1999698 0 0 0 51079 0 0 0 21076110 0 0 0 0 0 0 0 450 450 5525420 6691513 0 0 3289397 2871187 0 0 0 0 0 0 3007313 3320814 138862 133691 93496212 37870681 54267065 55625531 6378 7997 500 500 12256702 13430246 0 0 27460 72457 78519547 82154386 3170547 2622691 0 0 2150000 2700000 0 0 0 0 0 0 35457363 37151392 167000 167000 3229608 3288920 44174518 45930003 X 0 0 4364101 6215348 29980928 30009035 34345029 36224383 78519547 82154386 3828487 0 0 0 -1949133 0 X true true true false 1690997 1690997 713543 634850 78693 3599210 2995000 604210 87492462 34240831 53251631 55625531 INVESTMENT IN ASSOC ORGANIZATION -PATRONAGE CAPITAL 10327285 C INVESTMENT IN ASSOC ORGANIZATION -OTHER 375152 C INVESTMENT -SPECIAL FUNDS -REVENUE DEFERRAL 2700000 C INVESTMENT IN ECONOMIC DEVELOPMENT 16667 C OTHER INVESTMENTS 11142 C 13430246 REFUNDABLE AID TO CONSTRUCTION 1577921 CONSUMER DEPOSITS 271588 ELECTRIC PREPAYMENTS 505085 UNCLAIMED CAPITAL CREDITS 934326 3288920 24904597 0 24904597 0 24904597 21076110 0 21076110 0 21076110 true X X false false false Walker Witt CEO 261981 0 200 0 12850 0 83102 0 30589 0 388722 0 0 0 Sammi Langendorf CFO 145992 0 5200 0 11619 0 51614 0 29220 0 243645 0 0 0 Bill Brisk Manger of Operations 153929 0 200 0 8896 0 51614 0 14161 0 228800 0 0 0 Jesse Sorenson System Coordinator 135088 0 5200 0 6658 0 46632 0 28993 0 222571 0 0 0 Jeff Barnes IT Specialist 111199 0 200 0 5656 0 38762 0 28641 0 184458 0 0 0 Dean Whitney Crew Foreman 110883 0 200 0 218 0 34238 0 28442 0 173981 0 0 0 Michelle Fischer Dir. of Communications Member Service 100892 0 5200 0 2317 0 32819 0 28355 0 169583 0 0 0 Rory Halverson Staking Tech 104597 0 200 0 1163 0 34335 0 28442 0 168737 0 0 0 Part VI, Line 6 BHEC is an electric cooperative. Members are the persons that purchase electricity from BHEC. Each member has equal rights and has one vote in the cooperative. Part VI, Line 7a BHEC is an electric cooperative. Members are the persons that purchase electricity from BHEC. Each member has equal rights and has one vote in the cooperative. Part VI, Line 7b Changes to the bylaws must be approved by a vote of members. Each member has one vote. Part VI, Line 11b CFO prepares the Form 990. A copy is provided to the board of directors one week prior to the meeting. Directors and management review the form 990 at the board meeting. If changes are needed the CFO makes them prior to filing. Part VI, Line 12c When a potential conflict of interest comes up the general counsel reviews the conflict of interest policy and the board ensures compliance. The policy is reviewed on a yearly basis. Part VI, Line 15 A yearly compensation study is prepared by management and presented to the board. The study includes national regional state and local wage comparisons for each position within the cooperative. It compares internal equity based on benchmarking a common position along with evaluating external competitiveness. The board uses this information to set compensation. Part VI, Line 19 All disclosures of documents required by law are made available to the public. Private corporate documents financial statements and policies may be available to the public or members pursuant to board policy number 111: Member Requests for information. Upon written request the CEO schedules a time for the review of requested articles at the cooperative headquarters. Also an audited financial statement is mailed yearly to all active members of the cooperative as part of the Annual Report. Black Hills Engineering Development PO Box 792 CUSTER SD 57730 460391683 Inactive SD N/A N/A false