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LAKE Country Power

501(c)
Other · MOUNTAIN IRON, MN · EIN 41-1857633

About

To enhance our communities by providing safe, reliable, and affordable energy services to our members.

Donations are NOT tax-deductible
Category
Other
Employees
142
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$114.8M
Expenses
$114.8M
Assets
$412.4M
Liabilities
$270.7M

Financial history

$114.8M$57.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $114.8M · Avg: $100.9M
LAKE COUNTRY POWER
Your actions

Address

8535 Park Ridge DR
Mountain IRON, MN, 55768-205

Governance

Voting board members9
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
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.