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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Iowa Lakes Electric Cooperative

Iowa Lakes Electric Cooperative

Fiscal year ending 2022. Filed on September 12, 2023.

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 2022 IRS Form 990 filing, Iowa Lakes Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 71 total employees. Among the employees shown here, the average compensation is $209,174. The highest compensated employee at Iowa Lakes Electric Cooperative is Aaron Ruschy with fiscal year 2022 compensation of $289,183.

Revenue, expenses, and employee compensation

Revenue

$73,260,940

Expenses

$67,916,375

Employee compensation

$1,724,050
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Aaron Ruschy
Vice President of Operations and Engineering
$289,183
$175,927 No related comp$113,256
Tim McCollough
President and Chief Executive Officer
$275,867
$246,997 No related comp$28,870
September Dau
Senior Vice President, Finance
$264,521
$206,100 No related comp$58,421
Rick Olesen
President/Ceo- PART YEAR
$215,505
$198,593 No related comp$16,912
Pam Caboth
Vice President of Administrative Servi
$201,569
$141,231 No related comp$60,338
Shelly Tredway
Chief Financial Officer and Vice President, Finance
$193,917
$116,186 No related comp$77,731
Brian Scott
Superintendent of Field Operations
$189,039
$114,530 No related comp$74,509
Doug Dau
Manager of Information Technology and TECH Support
$187,402
$121,990 No related comp$65,412
Alden Zeitz
Manager of Renewable Energy Services
$183,010
$116,890 No related comp$66,120
Jennifer Sievert
Vice President of Customer and CORP Relations
$176,638
$133,421 No related comp$43,217
Jed Skogerboe
Manager of Business and Community Development
$172,453
$112,051 No related comp$60,402
Kristin Hanson
Manager of HR
$160,989
$107,121 No related comp$53,868

Benchmark Employee Compensation

Non-Employee Board Members

Daniel Winterhof
Treasurer
$9,650
$9,650 No related compNo other comp
Jerry Beck
Chair
$8,600
$8,600 No related compNo other comp
Bruce Amundson
Director
$8,400
$8,400 No related compNo other comp
Gary Rouse
Vice Chair
$8,250
$8,250 No related compNo other comp
Crystal Pluth
Director
$8,050
$8,050 No related compNo other comp
Craig Deim
Director
$8,050
$8,050 No related compNo other comp
Mark Tuttle
Director
$8,050
$8,050 No related compNo other comp
Neal Heldt
Director
$7,700
$7,700 No related compNo other comp
Roger Williamson
Director
$7,350
$7,350 No related compNo other comp
Marc Rush
Director
$7,350
$7,350 No related compNo other comp
Chad Boysen
Director
$7,000
$7,000 No related compNo other comp
David Friedrich
Director
$6,650
$6,650 No related compNo other comp

Contractors

Aeris Services LLC
Wind Turbine Blade Repair
$272,077
Osmose Utilities
Pole Treating
$234,946
Automated Controls
Ocr Maintenance
$187,233
Jacobsen Tree Experts
Tree Trimming
$153,839
Loosbrock Digging Service
Underground Trenching
$145,730

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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