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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 Philanthropy, Voluntarism & Grantmaking Lake Country Power Electric Trust

Lake Country Power Electric Trust

Fiscal year ending 2024. Filed on September 17, 2025.

26039 Bear Ridge Drive
Cohasset, Minnesota 55721

Lake Country Power Electric Trust (EIN: 20-6179494) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lake Country Power Electric Trust, a 501(c)(3) charitable organization, reported compensation for 0 out of 0 total employees.

Revenue, expenses, and employee compensation

Revenue

$234,197

Expenses

$226,383

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year (employee data available for 2020, 2019, 2018, 2017, 2016).

Non-Employee Board Members

Charlie Ross
Board Member (Started MAY 2024)
Gary Nelson
Secretary
Gene Rands
Board Member
Katie Hildenbrand
Vice President
Keyth Wallin
Board Member (Through JUNE 2024)
Mary Jo Stenson
President
Ron Svatos
Board Member
Steve Councilman
Board Member (Started MAY 2024)
Tarry Edington
Treasurer

Mission Statement

LAKE COUNTRY POWER ELECTRIC TRUST PROVIDES A FUNDING SOURCE FOR OTHER NON-PROFIT ORGANIZATIONS THAT SERVE PRIMARILY THE AREA SERVED BY LAKE COUNTRY POWER ELECTRIC COOPERATIVE. PARTICIPATING MEMBERS OF LAKE COUNTRY POWER ELECTRIC COOPERATIVE CONTRIBUTE TO THE LAKE COUNTRY POWER ELECTRIC TRUST BY ALLOWING THEIR ENERGY BILLS TO BE ROUNDED UP TO THE NEXT WHOLE DOLLAR AMOUNT EACH MONTH. THE EXCESS OF THIS ROUNDED UP AMOUNT OVER THE ENERGY BILL IS CONTRIBUTED TO THE TRUST.

Revisions to this organization profile

September 17, 2025:
2024 Lake Country Power Electric Trust 990 filed
July 26, 2024:
2023 Lake Country Power Electric Trust 990 filed
July 20, 2023:
2022 Lake Country Power Electric Trust 990 filed

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