H-d Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
H-d Electric Cooperative Inc is a 501(c)(12) organization based in Clear Lake, South Dakota, registered in 1949, with $15,320,505 in FY2024 revenue. CharityIndex grades it B.
Po Box 1007, Clear Lake, SD, 57226 EIN 46-0212565 Since 1949
Revenue (FY2024)
$15.3M
▲ 8.8% vs prior year
Expenses (FY2024)
$15.3M
Net assets
$16.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H-d Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H-d Electric Cooperative Inc: 13 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H-d Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H-d Electric Cooperative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1007, Clear Lake, SD, 57226
- City
- Clear Lake
- State
- South Dakota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $11.9M (FY2020) to $15.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $33.8MNet assets $16.5M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.3M
Total liabilities
$33.8M
Net assets
$16.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,320,505▲8.8% | $15,320,505▲8.8% | $16,512,734▲7.2% | $50,313,314▲2.8% | 990 |
| 2023 | $14,079,105▲1.0% | $14,079,105▲1.0% | $15,409,984▲7.6% | $48,931,326▲7.1% | 990 |
| 2022 | $13,935,647▲9.5% | $13,935,647▲9.5% | $14,326,189▲9.9% | $45,699,973▲8.2% | 990 |
| 2021 | $12,726,954▲6.6% | $12,726,954▲6.6% | $13,040,335▲3.3% | $42,244,168▲5.6% | 990 |
| 2020 | $11,935,091 | $11,935,091 | $12,627,433 | $40,004,005 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is H-d Electric Cooperative Inc a legitimate nonprofit?
- Yes. H-d Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 46-0212565, based in Clear Lake, South Dakota.
- What is H-d Electric Cooperative Inc's EIN?
- H-d Electric Cooperative Inc's Employer Identification Number (EIN) is 46-0212565.
- How much revenue does H-d Electric Cooperative Inc report?
- H-d Electric Cooperative Inc reported $15,320,505 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H-d Electric Cooperative Inc have?
- CharityIndex grades H-d Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for H-d Electric Cooperative Inc (EIN 46-0212565) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.