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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 Region Electric Cooperative Inc.

Lake Region Electric Cooperative Inc.

Fiscal year ending 2023. Filed on June 3, 2024.

PO Box 127
Hulbert, Oklahoma 74441

Lake Region Electric Cooperative Inc. (EIN: 73-0579543) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Lake Region Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 132 total employees. Among the employees shown here, the average compensation is $190,589. The highest compensated employee at Lake Region Electric Cooperative Inc. is Leisa Walker with fiscal year 2023 compensation of $344,869.

Revenue, expenses, and employee compensation

Revenue

$72,029,079

Expenses

$72,029,079

Employee compensation

$4,640,273
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Leisa Walker
Director
$344,869
$164,458 No related comp$180,411
John Lee
Chief Executive Officer
$338,573
$229,708 No related comp$108,865
Ben McCollum
Finance Director
$312,985
$190,188 No related comp$122,797
Logan Pleasant
Operations Director
$259,855
$193,812 No related comp$66,043
Wendell Welch
SR Director IT and
$239,067
$173,242 No related comp$65,825
Jason Steeley
Lineman
$194,788
$139,736 No related comp$55,052
Jason Youngblood
Lineman
$188,661
$142,101 No related comp$46,560
James Manes
President
$62,621
$62,621 No related compNo other comp
Gary Cooper
Director
$53,021
$53,021 No related compNo other comp
James Walls
Director
$51,421
$51,421 No related compNo other comp
Randall Shankle
Secretary and Treasurer
$50,621
$50,621 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Lynn Lamons
Vice President
$39,180
$39,180 No related compNo other comp
Dianne Mayfield
Director
$36,780
$36,780 No related compNo other comp
Jack Teague
Assistant Secretary and Treasurer
$26,380
$26,380 No related compNo other comp

Contractors

Cowen Construction
Construction
$4,292,824
Arkansas Electric Cooperative Inc.
Line Contractor
$2,905,294
Jcl Power LLC
Hv Contractor
$1,867,518
Riggs Tree Service Inc.
Row Contractor
$1,785,815
Force Electrical Services
Line Contractor
$867,067

Mission Statement

TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

Revisions to this organization profile

August 13, 2025:
2024 Lake Region Electric Cooperative Inc. 990 filed
June 3, 2024:
2023 Lake Region Electric Cooperative Inc. 990 filed
October 5, 2023:
2022 Lake Region Electric Cooperative Inc. 990 filed

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Other organizations also named Lake Region Electric Cooperative

Lake Region Electric Cooperative
Pelican Rapids, Minnesota
Lake Region Electric Cooperative Foundation Inc.
Hulbert, Oklahoma