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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 2020. Filed on September 13, 2021.

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 2020 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 $257,583. The highest compensated employee at Lake Country Power is Gregory Randa with fiscal year 2020 compensation of $415,128.

Revenue, expenses, and employee compensation

Revenue

$92,478,659

Expenses

$92,524,413

Employee compensation

$1,080,281
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gregory Randa
General Manager
$415,128
$305,266 No related comp$109,862
Derek Howe
Chief Operating Officer
$300,711
$215,858 No related comp$84,853
Mark Bakk
Chief Financial Officer
$276,638
$218,650 No related comp$57,988
William Bussey
Director of Safety and RISK
$247,059
$170,145 No related comp$76,914
Rebecca Seeley
Human Resources Director
$244,933
$148,990 No related comp$95,943
Joel Hagen
Senior Engineer
$233,869
$175,939 No related comp$57,930
Jeffrey Thiel
Crew Chief
$176,855
$155,653 No related comp$21,202
William Koschak
Crew Chief
$165,470
$148,225 No related comp$17,245

Benchmark Employee Compensation

Non-Employee Board Members

Craig Carlson
Treasurer
$14,150
$14,150 No related compNo other comp
Craig Olson
President
$14,150
$14,150 No related compNo other comp
Sherman Liimatainen
Secretary
$14,000
$14,000 No related compNo other comp
James Huhta
Director
$13,850
$13,850 No related compNo other comp
Michael Forsman
Director
$13,550
$13,550 No related compNo other comp
Daniel Kingsley
Vice President
$13,300
$13,300 No related compNo other comp
Jason Long
Director
$12,650
$12,650 No related compNo other comp
Robert Bruckbauer
Director
$11,750
$11,750 No related compNo other comp
George Harvey
Secretary
$5,328
$5,328 No related compNo other comp

Contractors

Northern Clearing Inc.
Right of Way Clearing
$893,974
Hawk Construction Inc.
Construction-Cohasset Center
$878,223
National Information Solutions Cooperati
Software Support
$645,809
Allegiant Utility Services LLC
Ami Meter Installation
$461,863
Usic Locating Services LLC
Locating
$187,610

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