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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 2021. Filed on September 12, 2022.

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 2021 IRS Form 990 filing, Lake Country Power, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 156 total employees. Among the employees shown here, the average compensation is $251,769. The highest compensated employee at Lake Country Power is Mark Bakk with fiscal year 2021 compensation of $375,276.

Revenue, expenses, and employee compensation

Revenue

$99,712,243

Expenses

$99,742,340

Employee compensation

$1,333,422
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Bakk
General Manager
$375,276
$302,638 No related comp$72,638
Derek Howe
Chief Operating Officer
$326,930
$221,879 No related comp$105,051
Gregory Randa
General Manager - Retired
$307,065
$305,316 No related comp$1,749
William Bussey
Director of Safety and RISK
$269,745
$179,317 No related comp$90,428
Rebecca Seeley
Human Resources Director
$260,573
$155,171 No related comp$105,402
Tracy Peterson Wirtanen
Chief Financial Officer
$221,356
$184,037 No related comp$37,319
Craig Sistad
Crew Chief
$182,009
$149,814 No related comp$32,195
William Koschak
Crew Chief
$165,051
$147,219 No related comp$17,832
Todd Johnson
Manager of Energy Services and Business DEV
$157,916
$147,640 No related comp$10,276

Benchmark Employee Compensation

Non-Employee Board Members

Jason Long
Treasurer
$16,950
$16,950 No related compNo other comp
Craig Carlson
Director
$15,750
$15,750 No related compNo other comp
Craig Olson
President
$15,600
$15,600 No related compNo other comp
Daniel Kingsley
Vice President
$15,600
$15,600 No related compNo other comp
Michael Forsman
Secretary
$15,450
$15,450 No related compNo other comp
James Huhta
Director
$14,700
$14,700 No related compNo other comp
Larry Anderson
Director
$12,300
$12,300 No related compNo other comp
Steve Raukar
Director
$12,100
$12,100 No related compNo other comp
Robert Bruckbauer
Director
$11,400
$11,400 No related compNo other comp
Sherman Liimatainen
Director
$3,750
$3,750 No related compNo other comp

Contractors

Northern Clearing Inc.
Right of Way Clearing
$2,716,864
National Information Solutions Cooperati
Software Support
$670,457
Cooperative Development LLC
Locating
$396,646
Cooperative Response Center Inc.
After Hours Phone Support
$120,085

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