Nonpartisan civic infrastructure
AllCiv·Legis1
·

LAKE Region Electric Cooperative

501(c)
Other · PEL RAPIDS, MN · EIN 41-0363020

About

To provide our members with safe, reliable, affordable electricity, and lead by offering innovative energy services to grow the cooperative.

Donations are NOT tax-deductible
Category
Other
Employees
84
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$59.5M
Expenses
$57.7M
Assets
$155.6M
Liabilities
$84.6M

Financial history

$59.5M$29.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $59.5M · Avg: $54.7M
LAKE REGION ELECTRIC COOPERATIVE
Your actions

Address

PO BOX 643
PEL Rapids, MN, 56572-064

Governance

Voting board members9
Independent members8
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
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.