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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 L&O Power Cooperative Inc.

L&O Power Cooperative Inc.

Fiscal year ending 2024. Filed on November 7, 2025.

1302 South Union Street
Rock Rapids, Iowa 51246

L&O Power Cooperative Inc. (EIN: 42-0721692) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, L&O Power Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 1 employee. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$43,103,383

Expenses

$42,582,514

Employee compensation

$61,500
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Curt Dieren
Manager and Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

David Huff
Secretary and Treasurer
$12,150
$12,150 No related compNo other comp
David Deboer
President
$6,900
$6,900 No related compNo other comp
David Hansen
Director
$5,400
$5,400 No related compNo other comp
Lucas Roskamp
Director
$4,800
$4,800 No related compNo other comp
Gregg Johnson
Director
$4,500
$4,500 No related compNo other comp
Dean Haspels
Director
$4,200
$4,200 No related compNo other comp
Dan Leuthold
Director
$3,900
$3,900 No related compNo other comp
David Meschke
Director
$3,900
$3,900 No related compNo other comp
Adam Hoekstra
Vice President
$3,600
$3,600 No related compNo other comp
Nolan Kooiker
Director
$3,600
$3,600 No related compNo other comp
Glenn Dicks
Director
$3,600
$3,600 No related compNo other comp
Terrence Clark
Director FROM 04/2024
$3,000
$3,000 No related compNo other comp

Contractors

Dgr Engineering
Admin Management Maintenance Engineer
$2,114,334
Watts Electric Company
Electrical Construction
$1,804,658
N & M Power CO
Electrical Construction
$595,970
Pennsylvania Transformer Technology Inc.
Electrical Manufacturing
$369,506
Resco
Electrical Manufacturing
$150,958

Mission Statement

SALE OF ELECTRICITY TO MEMBERS TO GENERATE INCOME FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES.

Revisions to this organization profile

November 7, 2025:
2024 L&O Power Cooperative Inc. 990 filed
November 1, 2024:
2023 L&O Power Cooperative Inc. 990 filed
October 26, 2023:
2022 L&O Power Cooperative Inc. 990 filed

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