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FEM Electric Association INC

501(c)
Other · IPSWICH, SD · EIN 46-0213171

About

To enhance the quality of life of our members, by safely providing reliable, cost-efficient electricity and other services.

Donations are NOT tax-deductible
Category
Other
Employees
18
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$18.2M
Expenses
$17.0M
Assets
$49.4M
Liabilities
$27.2M

Financial history

$18.2M$9.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $18.2M · Avg: $17.0M
FEM ELECTRIC ASSOCIATION INC
Your actions

Address

PO BOX 468
Ipswich, SD, 57451-046

Governance

Voting board members5
Independent members5
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.