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LAKE Region Electric Association INC

501(c)
Other · WEBSTER, SD · EIN 46-0156581

About

To provide the highest quality of services and products to its members while maintaining competitive rates.

Donations are NOT tax-deductible
Category
Other
Employees
24
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$21.2M
Expenses
$21.0M
Assets
$53.7M
Liabilities
$33.7M

Financial history

$21.2M$10.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $21.2M · Avg: $19.7M
LAKE REGION ELECTRIC ASSOCIATION INC
Your actions

Address

1212 Main ST
Webster, SD, 57274-111

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
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.