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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 2020. Filed on July 6, 2021.

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 2020 IRS Form 990 filing, Lake Country Power Electric Trust, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$198,694

Expenses

$180,547

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mary Bianco
Board Member
$0
Keyth Wallin
Secretary and Board Member
$0
Ron Svatos
Board Member
$0
Tarry Edington
Board Member
$0
Jan Bignall
Board Member
$0
Larry Anderson
President and Board Member
$0
Mary Jo Stenson
Board Member
$0
Bobbi Maish
Treasurer
$0
Linda Burja
Board Member
$0
Gerald Varner
Vice President and Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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