EIN 46-0156581

Lake Region Electric Association

IRS 501(c) type
501(c)(12)
Num. employees
22
City
Webster
Year formed
1941
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Lake Region Electric Association strives to provide the highest quality services and products while maintaining competitive rates. Its mission is to serve its members with the same level of excellence. They have provided electric service to approximately 2,628 members.
Total revenues
$19,790,370
2022
Total expenses
$19,719,627
2022
Total assets
$46,911,496
2022
Num. employees
22
2022

Program areas at Lake Region Electric Association

Provided Electric service to approximately 2,628 members.

Grants made by Lake Region Electric Association

GranteeGrant descriptionAmount
Glacial Lakes Area DevelopmentAssist Local Organizations Such As Food Banks, Kids Backpack Meals, 4-h$10,000

Personnel at Lake Region Electric Association

NameTitleCompensation
Jim Grimes, OperationsGeneral Manager and Chief Executive Officer
Tim McIntyreGeneral Manager$165,554
Andrea KilkerTreasurer$5,400
Kermit PearsonPresident$3,900
Thomas SteinerSecretary$5,400
...and 4 more key personnel

Financials for Lake Region Electric Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$19,779,780
Investment income and dividends$47,565
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,050
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-47,025
Miscellaneous revenues$0
Total revenues$19,790,370

Form 990s for Lake Region Electric Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-22990View PDF
2021-122022-06-06990View PDF
2020-122021-05-27990View PDF
2019-122020-08-28990View PDF
2018-122019-10-16990View PDF
...and 9 more Form 990s

Organizations like Lake Region Electric Association

OrganizationLocationRevenue
Chariton Valley Electric CooperativeAlbia, IA$13,135,106
Washington Electric Cooperative inMarietta, OH$22,812,534
Allamakee-Clayton Electric CooperativePostville, IA$23,456,102
Consumers PowerPhilomath, OR$47,215,867
C and L Electric Cooperative CorporationStar City, AR$53,180,295
Elmhurst Mutual Power and Light CompanyTacoma, WA$20,192,775
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Continental Divide Electric CooperativeGrants, NM$65,112,432
Edgecombe-Martin County EmcTarboro, NC$29,118,803
Tombigbee Electric CooperativeHamilton, AL$17,768,087
Data update history
July 24, 2023
Updated personnel
Identified 1 new personnel
August 12, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 29, 2022
Updated personnel
Identified 2 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 341
Webster, SD 57274
County
Day County, SD
Website URL
lakeregion.coop/ 
Phone
(605) 345-3379
IRS details
EIN
46-0156581
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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