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LAKE COUNTRY POWER

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Public IRS 990 nonprofit record

LAKE COUNTRY POWER

EIN 41-1857633 · Telecommunications (W50)

What they do

to ENHANCE OUR COMMUNITIES BY PROVIDING SAFE, RELIABLE, and AFFORDABLE ENERGY SERVICES to OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.00spent for every $100 of revenueRevenue covered expenses this year.
$3.59in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $460,754 for MARK BAKK (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$114,805,874
Expenses$114,805,874
See all reported dollar amounts
Revenue$114,805,874
Expenses$114,805,874
Assets$412,383,625
Income$115,502,900
Grants given$48,600
Average grant$9,720
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MARK BAKKGENERAL MANAGER · 50 hrs/week $460,754Base $376,400 · Other $84,354
DEREK HOWECHIEF OPERATING OFFICER · 50 hrs/week $334,810Base $245,232 · Other $89,578
WILLIAM BUSSEYDIRECTOR OF SAFETY & RISK MANAGEMENT · 50 hrs/week $278,498Base $201,906 · Other $76,592
TRACY PETERSON WIRTANENCHIEF FINANCIAL OFFICER · 50 hrs/week $267,738Base $221,322 · Other $46,416
REBECCA SEELEYHUMAN RESOURCES DIRECTOR · 50 hrs/week $253,569Base $175,839 · Other $77,730
WADE GOULDAREA SUPERVISOR · 50 hrs/week $219,597Base $162,779 · Other $56,818
CRAIG SISTADCREW CHIEF · 50 hrs/week $194,456Base $158,343 · Other $36,113
JEFF THIELCREW CHIEF · 52 hrs/week $191,494Base $166,176 · Other $25,318
BRIAN NAPSTADDIRECTOR · 7 hrs/week $18,350
CRAIG OLSONPRESIDENT · 10 hrs/week $18,000
DANIEL KINGSLEYVICE PRESIDENT · 7 hrs/week $15,650
MICHAEL FORSMANSECRETARY · 9 hrs/week $15,600

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

MARK BAKKGENERAL MANAGER

DEREK HOWECHIEF OPERATING OFFICER

WILLIAM BUSSEYDIRECTOR OF SAFETY & RISK MANAGEMENT

TRACY PETERSON WIRTANENCHIEF FINANCIAL OFFICER

REBECCA SEELEYHUMAN RESOURCES DIRECTOR

WADE GOULDAREA SUPERVISOR

CRAIG SISTADCREW CHIEF

JEFF THIELCREW CHIEF

BRIAN NAPSTADDIRECTOR

CRAIG OLSONPRESIDENT

DANIEL KINGSLEYVICE PRESIDENT

MICHAEL FORSMANSECRETARY

JASON LONGDIRECTOR

LARRY ANDERSONDIRECTOR

JEFF SHELDONTREASURER

STEVE RAUKARDIRECTOR

ROBERT BRUCKBAUERDIRECTOR

About this charity

Recognized since
January 1998
Location
26039 BEAR RIDGE DRIVE, COHASSET, MN 55721
County
Itasca
In care of
MARK BAKK
Primary officer
MARK BAKK, GENERAL MANAGER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BRADY MARTZ & ASSOCIATES PC
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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