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Organizations Public & Societal Benefit Iowa Lakes Electric Cooperative

Iowa Lakes Electric Cooperative

Fiscal year ending 2024. Filed on September 15, 2025.

702 South 1st Street
Estherville, Iowa 51334

Iowa Lakes Electric Cooperative (EIN: 42-1259366) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Iowa Lakes Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 66 total employees. Among the employees shown here, the average compensation is $228,545. The highest compensated employee at Iowa Lakes Electric Cooperative is Ryan Craig with fiscal year 2024 compensation of $315,472.

Revenue, expenses, and employee compensation

Revenue

$74,744,531

Expenses

$70,970,095

Employee compensation

$1,313,962
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ryan Craig
President and Chief Executive Officer
$315,472
$268,448 No related comp$47,024
Shelly Tredway
Chief Financial Officer and Vice President, Finance
$305,005
$182,055 No related comp$122,950
Aaron Ruschy
Vice President of Operations and Engineering
$296,657
$197,972 No related comp$98,685
Jennifer Sievert
Vice President of Customer and CORP Relations
$252,228
$183,152 No related comp$69,076
Brian Scott
Superintendent of Field Operations
$194,632
$128,386 No related comp$66,246
Alden Zeitz
Manager of Renewable Energy Services
$193,769
$128,223 No related comp$65,546
Jed Skogerboe
Manager of Business and Community Development
$169,204
$119,049 No related comp$50,155
Kristin Hanson
Manager of HR
$166,983
$120,908 No related comp$46,075
Jeremy Nelson
Engineering Manager
$162,959
$125,308 No related comp$37,651

Benchmark Employee Compensation

Non-Employee Board Members

Daniel Winterhof
Chair
$14,250
$14,250 No related compNo other comp
David Friedrich
Director
$12,150
$12,150 No related compNo other comp
Crystal Pluth
Treasurer
$11,900
$11,900 No related compNo other comp
Mark Tuttle
Director
$11,150
$11,150 No related compNo other comp
Chad Boysen
Vice Chair
$10,900
$10,900 No related compNo other comp
Trent Will
Secretary
$10,650
$10,650 No related compNo other comp
Ben Ashland
Director
$10,150
$10,150 No related compNo other comp
Alan Madden
Director
$9,750
$9,750 No related compNo other comp
Gary Rouse
Director
$9,000
$9,000 No related compNo other comp
Craig Deim
Director
$8,900
$8,900 No related compNo other comp
Roger Williamson
Director
$8,800
$8,800 No related compNo other comp
Nick Kerns
Director
$8,400
$8,400 No related compNo other comp

Contractors

Loosbrock Digging Service
Urd Trenching
$478,229
Osmose Utilities Service
Pole Treating
$260,719
Henningsen Construction
Center Remodel
$230,550
Kw Electric
Electrical
$228,519
Jacobsen Tree Experts
Tree Trimming
$185,695

Mission Statement

TO PROVIDE ELECTRIC UTILITY SERVICES TO MEMBERS OF THE COOPERATIVE.

Revisions to this organization profile

September 15, 2025:
2024 Iowa Lakes Electric Cooperative 990 filed
September 4, 2024:
2023 Iowa Lakes Electric Cooperative 990 filed
September 12, 2023:
2022 Iowa Lakes Electric Cooperative 990 filed

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