Compensation 990
OrganizationsEmployeesBoard MembersGrantsContractorsTop RankingsPricing

Stay updated on 990 organization compensation

© Civic Register LLC

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.

About•Report a discrepancy•Your privacy choices
Organizations Lake Region Electric Cooperative

Lake Region Electric Cooperative

Fiscal year ending 2019. Filed on August 31, 2020.

PO Box 643
Pelican Rapids, Minnesota 56572

Lake Region Electric Cooperative (EIN: 41-0363020) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Lake Region Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 83 total employees. Among the employees shown here, the average compensation is $207,979. The highest compensated employee at Lake Region Electric Cooperative is Tim Thompson with fiscal year 2019 compensation of $407,949.

Revenue, expenses, and employee compensation

Revenue

$54,521,367

Expenses

$52,690,971

Employee compensation

$8,503,582
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tim Thompson
Chief Executive Officer
$407,949
$278,043 No related comp$129,906
Al Fazio
Vice President of Operations/Engineeri
$222,055
$146,593 No related comp$75,462
Donald J Hanson
Lead Lineman
$209,852
$131,116 No related comp$78,736
Daniel Husted
Vice President of Energy Svcs/Comm
$205,862
$135,511 No related comp$70,351
Jason Haman
Lead Lineman
$176,038
$123,776 No related comp$52,262
Joseph Belz
Operations Manager
$160,474
$127,703 No related comp$32,771
Lloyd Nelson
Chief Financial Officer (Part-Year)
$73,623
$53,777 No related comp$19,846

Benchmark Employee Compensation

Non-Employee Board Members

Charles Kvare
Chair
$16,700
$16,700 No related compNo other comp
Earl Rydell
Director
$12,220
$12,220 No related compNo other comp
Dennis Tollefson
Vice Chair
$11,780
$11,780 No related compNo other comp
Joyce Valley
Secretary
$11,300
$11,300 No related compNo other comp
Robert Shaw
Treasurer
$11,160
$11,160 No related compNo other comp
Thomas Jennen
Director
$11,160
$11,160 No related compNo other comp
Dennis Mathiason
Director
$10,700
$10,700 No related compNo other comp
Sid Wisness
Director
$10,520
$10,520 No related compNo other comp
Mike Brasel
Director
$5,210
$5,210 No related compNo other comp
Kenneth Hendrickx
Director (Part-Year)
$4,380
$4,380 No related compNo other comp

Contractors

Carr's Tree Service
Tree Clearing
$769,024
Highline Construction Inc.
Change-Out Porcelain Cutouts
$625,862
Star Energy Services
Work Plan/Consulting
$310,009
Mvm Contracting
Plowing/Boring Underground Cable
$189,143
Arvig Construction Inc.
Boring for Underground Cable
$109,430

Mission Statement

TO PROVIDE OUR MEMBERS WITH SAFE, RELIABLE, AFFORDABLE ELECTRICITY, AND LEAD BY OFFERING INNOVATIVE ENERGY SERVICES TO GROW THE COOPERATIVE.

Revisions to this organization profile

September 30, 2025:
2024 Lake Region Electric Cooperative 990 filed
October 3, 2024:
2023 Lake Region Electric Cooperative 990 filed
September 15, 2023:
2022 Lake Region Electric Cooperative 990 filed

Get an email when new compensation information is released for Lake Region Electric Cooperative

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →

Other organizations also named Lake Region Electric Cooperative

Lake Region Electric Cooperative Inc.
Hulbert, Oklahoma
Lake Region Electric Cooperative Foundation Inc.
Hulbert, Oklahoma