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Organizations Public & Societal Benefit Iowa Lakes Electric Cooperative

Iowa Lakes Electric Cooperative

Fiscal year ending 2023. Filed on September 4, 2024.

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 2023 IRS Form 990 filing, Iowa Lakes Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 83 total employees. Among the employees shown here, the average compensation is $181,631. The highest compensated employee at Iowa Lakes Electric Cooperative is Aaron Ruschy with fiscal year 2023 compensation of $275,764.

Revenue, expenses, and employee compensation

Revenue

$73,826,421

Expenses

$67,867,720

Employee compensation

$1,062,706
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Aaron Ruschy
Vice President of Operations and Engineering
$275,764
$187,930 No related comp$87,834
Shelly Tredway
Chief Financial Officer and Vice President, Finance
$224,122
$161,096 No related comp$63,026
Jennifer Sievert
Vice President of Customer and CORP Relations
$208,251
$151,875 No related comp$56,376
Brian Scott
Superintendent of Field Operations
$181,185
$119,461 No related comp$61,724
Alden Zeitz
Manager of Renewable Energy Services
$180,708
$121,444 No related comp$59,264
Mike Kummer
Line Foreman
$175,944
$109,218 No related comp$66,726
Tim McCollough
President and Chief Executive Officer
$174,434
$156,959 No related comp$17,475
Jed Skogerboe
Manager of Business and Community Development
$163,879
$114,293 No related comp$49,586
Kristin Hanson
Manager of HR
$157,491
$114,537 No related comp$42,954
Ryan Craig
President and Chief Executive Officer
$74,535
$67,005 No related comp$7,530

Benchmark Employee Compensation

Non-Employee Board Members

Neal Heldt
Director
$11,300
$11,300 No related compNo other comp
Gary Rouse
Vice Chair
$9,550
$9,550 No related compNo other comp
Jerry Beck
Chair
$9,550
$9,550 No related compNo other comp
Bruce Amundson
Director
$8,500
$8,500 No related compNo other comp
Crystal Pluth
Director
$8,150
$8,150 No related compNo other comp
Daniel Winterhof
Treasurer
$8,150
$8,150 No related compNo other comp
Alan Madden
Director
$8,050
$8,050 No related compNo other comp
Chad Boysen
Director
$7,800
$7,800 No related compNo other comp
Roger Williamson
Director
$7,800
$7,800 No related compNo other comp
Trent Will
Secretary
$7,450
$7,450 No related compNo other comp
Mark Tuttle
Director
$6,400
$6,400 No related compNo other comp
David Friedrich
Director
$5,350
$5,350 No related compNo other comp

Contractors

Renew Energy Maintenance LLC
Wind Energy
$328,488
Loosbrock Digging Service
Underground Trenching
$236,201
Usic Locating Services Inc.
Underground Locating
$165,337
Jacobsen Tree Experts Inc.
Tree Trimming
$141,646
Osmose Utility Services
Pole Treating
$132,222

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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