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Organizations Lake Country Power

Lake Country Power

Fiscal year ending 2022. Filed on November 1, 2023.

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 2022 IRS Form 990 filing, Lake Country Power, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 153 total employees. Among the employees shown here, the average compensation is $263,146. The highest compensated employee at Lake Country Power is Mark Bakk with fiscal year 2022 compensation of $450,644.

Revenue, expenses, and employee compensation

Revenue

$110,864,875

Expenses

$110,871,573

Employee compensation

$1,066,185
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Bakk
General Manager
$450,644
$329,599 No related comp$121,045
Derek Howe
Chief Operating Officer
$330,989
$225,356 No related comp$105,633
William Bussey
Director of Safety and RISK
$278,390
$185,383 No related comp$93,007
Tracy Peterson Wirtanen
Chief Financial Officer
$247,786
$197,923 No related comp$49,863
Brian Grondahl
Crew Chief
$225,097
$166,276 No related comp$58,821
Craig Sistad
Crew Chief
$199,513
$169,209 No related comp$30,304
Mark Pohto
Crew Chief
$192,029
$172,328 No related comp$19,701
William Koschak
Crew Chief
$180,719
$163,348 No related comp$17,371

Benchmark Employee Compensation

Non-Employee Board Members

Larry Anderson
Director
$18,000
$18,000 No related compNo other comp
Craig Olson
President
$17,100
$17,100 No related compNo other comp
Steve Raukar
Director
$16,800
$16,800 No related compNo other comp
Michael Forsman
Secretary
$15,600
$15,600 No related compNo other comp
Daniel Kingsley
Vice President
$14,400
$14,400 No related compNo other comp
Jason Long
Treasurer
$12,900
$12,900 No related compNo other comp
Robert Bruckbauer
Director
$10,500
$10,500 No related compNo other comp
James Huhta
Director (Through April 2022)
$4,833
$4,833 No related compNo other comp
Craig Carlson
Director (Through April 2022)
$4,533
$4,533 No related compNo other comp

Contractors

Zielie's Tree Service Inc.
Right of Way Clearing
$5,072,286
Lake States Construction LLC
Construction of Electrical Dist. Lines
$2,541,592
National Information Solutions Cooperati
Software Support
$691,957
Integrity Contracting
Construction of Electrical Dist. Lines
$561,064
Hawk Construction Inc.
Construction of Substation
$412,500

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