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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 Lake Country Power

Lake Country Power

Fiscal year ending 2019. Filed on September 2, 2020.

26039 Bear Ridge Drive
Cohasset, Minnesota 55721

Lake Country Power (EIN: 41-1857633) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Lake Country Power, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 144 total employees. Among the employees shown here, the average compensation is $238,637. The highest compensated employee at Lake Country Power is Gregory Randa with fiscal year 2019 compensation of $385,131.

Revenue, expenses, and employee compensation

Revenue

$92,858,618

Expenses

$92,867,610

Employee compensation

$1,008,632
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gregory Randa
General Manager
$385,131
$292,517 No related comp$92,614
Derek Howe
Chief Operating Officer
$242,289
$186,010 No related comp$56,279
Michael Birkeland
Director of Member Svcs/Pr
$239,318
$165,952 No related comp$73,366
Joel Hagen
Senior Engineer
$228,947
$154,639 No related comp$74,308
Mark Bakk
Chief Financial Officer
$226,614
$197,644 No related comp$28,970
William Bussey
Director of Safety and RISK
$225,891
$165,416 No related comp$60,475
Rebecca Seeley
Human Resources Director
$206,065
$139,973 No related comp$66,092
Casey Nelson
Crew Chief
$154,842
$145,230 No related comp$9,612

Benchmark Employee Compensation

Non-Employee Board Members

Craig Olson
President
$17,700
$17,700 No related compNo other comp
Sherman Liimatainen
Vice President
$17,050
$17,050 No related compNo other comp
Craig Carlson
Treasurer
$16,450
$16,450 No related compNo other comp
Michael Forsman
Director
$15,300
$15,300 No related compNo other comp
Daniel Kingsley
Director
$15,000
$15,000 No related compNo other comp
Jason Long
Director
$14,400
$14,400 No related compNo other comp
James Huhta
Director
$12,900
$12,900 No related compNo other comp
George Harvey
Secretary
$12,600
$12,600 No related compNo other comp
Robert Bruckbauer
Director
$12,000
$12,000 No related compNo other comp

Contractors

Hawk Construction Inc.
Construction-Cohasset Center
$7,312,484
Northern Clearing Inc.
Right of Way Clearing
$808,040
National Information Solutions Cooperati
Software Support
$628,300
Allegiant Utility Services LLC
Ami Meter Installation
$475,936
Usic Locating Services LLC
Locating
$203,512

Mission Statement

TO ENHANCE OUR COMMUNITIES BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY SERVICES TO OUR MEMBERS.

Revisions to this organization profile

September 2, 2025:
2024 Lake Country Power 990 filed
September 10, 2024:
2023 Lake Country Power 990 filed
November 1, 2023:
2022 Lake Country Power 990 filed

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Other organizations also named Lake Country Power

Lake Country Power Electric Trust
Cohasset, Minnesota