Fiscal year ending 2024. Filed on August 1, 2025.
116 South Marshall PO Box 629
Rock Rapids, Iowa 51246
Lyon Rural Electric Cooperative (EIN: 42-0389015) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lyon Rural Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 12 total employees. Among the employees shown here, the average compensation is $177,361. The highest compensated employee at Lyon Rural Electric Cooperative is Ross Loomans with fiscal year 2024 compensation of $228,996.
Revenue
Expenses
Employee compensation
THE PRIMARY OBJECTIVE OF LYON RURAL ELECTRIC COOPERATIVE IS TO PROVIDE THE HIGHEST QUALITY SERVICES POSSIBLE TO OUR MEMBER-CONSUMER AT THE LOWEST COST CONSISTENT WITH SOUND BUSINESS PRACTICES. SERVICES PROVIDED TO OUR MEMBER-CONSUMERS WILL BE EVALUATED AT AN ONGOING BASIS TO MEET THE CHANGING NEEDS OF OUR MEMBERSHIP WHILE BENEFITING THE LONG-RANGE OBJECTIVES OF THE COOPERATIVE.
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