- Revenue 2025
- $125,678,377
- Expenses 2025
- $125,678,377
As filed
- Subsection
- 12
- Classification
- 1200
- Street
- 26039 BEAR RIDGE DR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
LAKE COUNTRY POWER ELECTRIC TR
EIN 20-6179494
Mission and programs · 2025
Mission
TO ENHANCE OUR COMMUNITIES BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY SERVICES TO OUR MEMBERS.
Activities or mission (Part I)
TO PROVIDE ELECTRICITY AND OTHER SERVICES TO THE COOPERATIVE'S MEMBERS.
-
PROVISION OF ELECTRICITY AND OTHER SERVICES TO THE COOPERATIVE'S 44,489 MEMBERS.
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Craig OlsonCRAIG OLSON
PRESIDENT
- Total calculated
- $15,900
- From this org
- $15,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.87
-
Michael ForsmanMICHAEL FORSMAN
SECRETARY
- Total calculated
- $14,400
- From this org
- $14,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.13
-
Jason LongJASON LONG
DIRECTOR
- Total calculated
- $12,300
- From this org
- $12,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.46
-
Daniel KingsleyDANIEL KINGSLEY
VICE PRESIDENT
- Total calculated
- $13,250
- From this org
- $13,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.71
-
Robert BruckbauerROBERT BRUCKBAUER
DIRECTOR
- Total calculated
- $12,600
- From this org
- $12,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 11.75
-
Larry AndersonLARRY ANDERSON
DIRECTOR
- Total calculated
- $14,700
- From this org
- $14,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.6
-
Steve RaukarSTEVE RAUKAR
DIRECTOR
- Total calculated
- $13,800
- From this org
- $13,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10.15
-
Brian NapstadBRIAN NAPSTAD
DIRECTOR
- Total calculated
- $16,500
- From this org
- $16,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.37
-
Jeff SheldonJEFF SHELDON
TREASURER
- Total calculated
- $14,100
- From this org
- $14,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10.85
-
Mark BakkMARK BAKK
GENERAL MANAGER
- Total calculated
- $498,645
- From this org
- $391,334
- From related orgs
- $0
- Other
- $107,311
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $391,334
- Bonus
- $0
- Other
- $0
- Deferred
- $98,090
- Nontaxable benefits
- $11,134
- Filer's total
- $500,558
-
Derek HoweDEREK HOWE
CHIEF OPERATING OFFICER
- Total calculated
- $351,002
- From this org
- $258,770
- From related orgs
- $0
- Other
- $92,232
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $258,770
- Bonus
- $0
- Other
- $0
- Deferred
- $72,808
- Nontaxable benefits
- $21,334
- Filer's total
- $352,912
-
Tracy Peterson WirtanenTRACY PETERSON WIRTANEN
CHIEF FINANCIAL OFFICER
- Total calculated
- $299,344
- From this org
- $238,250
- From related orgs
- $0
- Other
- $61,094
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $238,250
- Bonus
- $0
- Other
- $0
- Deferred
- $60,827
- Nontaxable benefits
- $2,010
- Filer's total
- $301,087
-
William BusseyWILLIAM BUSSEY
DIRECTOR OF SAFETY & RISK
- Total calculated
- $296,819
- From this org
- $205,558
- From related orgs
- $0
- Other
- $91,261
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $205,558
- Bonus
- $0
- Other
- $0
- Deferred
- $64,383
- Nontaxable benefits
- $28,474
- Filer's total
- $298,415
-
Rebecca SeeleyREBECCA SEELEY
HUMAN RESOURCES DIRECTOR
- Total calculated
- $278,081
- From this org
- $191,822
- From related orgs
- $0
- Other
- $86,259
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $191,822
- Bonus
- $0
- Other
- $0
- Deferred
- $59,380
- Nontaxable benefits
- $28,447
- Filer's total
- $279,649
-
Jeff ThielJEFF THIEL
CREW CHIEF
- Total calculated
- $207,314
- From this org
- $180,436
- From related orgs
- $0
- Other
- $26,878
- Hours/week
- 51.25
Schedule J breakdown matched by us
- Base
- $180,436
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $27,903
- Filer's total
- $208,339
-
Craig SistadCRAIG SISTAD
CREW CHIEF
- Total calculated
- $208,345
- From this org
- $169,536
- From related orgs
- $0
- Other
- $38,809
- Hours/week
- 50.35
Schedule J breakdown matched by us
- Base
- $169,536
- Bonus
- $0
- Other
- $0
- Deferred
- $11,931
- Nontaxable benefits
- $27,903
- Filer's total
- $209,370
-
Wade GouldWADE GOULD
AREA SUPERVISOR
- Total calculated
- $231,106
- From this org
- $168,891
- From related orgs
- $0
- Other
- $62,215
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $168,891
- Bonus
- $0
- Other
- $0
- Deferred
- $41,215
- Nontaxable benefits
- $22,403
- Filer's total
- $232,509
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $125,678,377
- Expenses
- $125,678,377
- Contributions
- $0
- Grants paid
- $46,660
-
2023
- Revenue
- $110,408,177
- Expenses
- $110,408,177
- Contributions
- $0
- Grants paid
- $29,234
-
2022
- Revenue
- $110,864,875
- Expenses
- $110,871,573
- Contributions
- $0
- Grants paid
- $37,929
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $99,712,243
- Expenses
- $99,742,340
- Assets (EOY)
- $360,562,297
-
2020 · 990
- Revenue
- $92,478,659
- Expenses
- $92,524,413
- Assets (EOY)
- $343,138,601
-
2019 · 990
- Revenue
- $92,858,618
- Expenses
- $92,867,610
- Assets (EOY)
- $327,288,686
-
2018 · 990
- Revenue
- $94,052,463
- Expenses
- $94,050,937
- Assets (EOY)
- $315,105,128
-
2017 · 990
- Revenue
- $93,558,356
- Expenses
- $93,525,190
- Assets (EOY)
- $296,269,702
-
2016 · 990
- Revenue
- $90,699,359
- Expenses
- $90,665,393
- Assets (EOY)
- $288,299,517
-
2015 · 990
- Revenue
- $85,108,395
- Expenses
- $85,082,993
- Assets (EOY)
- $275,710,902
-
2014 · 990
- Revenue
- $92,811,590
- Expenses
- $92,781,176
- Assets (EOY)
- $273,068,348
-
2013 · 990
- Revenue
- $83,783,050
- Expenses
- $83,786,074
- Assets (EOY)
- $267,295,228
-
2012 · 990
- Revenue
- not reported
- Expenses
- $79,385,291
- Assets (EOY)
- $258,938,102
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$10,000
2022 SENATOR DAVID J. TOMASSONI BRIDGE OF PEACE MEMORIAL
-
$8,500
2025 MEMBERSHIP AND GOLD SPONSORSHIP WINTER DINNER
-
$6,100
2023 MEMBERSHIP AND GOLD SPONSORSHIP WINTER DINNER
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
LAKE COUNTRY POWER ELECTRIC TRUST
501(C)(3) · COMMUNITY TRUST · MN · controlled entity
Declared as related by
-
LAKE COUNTRY POWER ELECTRIC TR
On its 2025 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2025 return
-
LAKE COUNTRY POWER HOLDINGS INC
C · HOLDING COMPANY · MN · 100% owned · share of income $411,456 · share of assets $11,720,478 · controlled entity
-
LAKE STATES TREE SERVICE INC
C · TREE SERVICES · MN · 100% owned · share of income $87,532 · share of assets $5,793,253 · controlled entity
-
LAKE STATES CONSTRUCTION INC
C · CONSTRUCTION · MN · 100% owned · share of income $157,538 · share of assets $5,098,049 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.