Powered by CharityEZ

Charity report ready

LAKE REGION ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

LAKE REGION ELECTRIC COOPERATIVE INC

EIN 73-0579543 · Arts, Culture & Humanities (A)

What they do

to PROVIDE ELECTRICITY to MEMBERS ON A COOPERATIVE BASIS.

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 leaders16 people are listed in the latest report.

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

Money made simple

$91.20spent for every $100 of revenueRevenue covered expenses this year.
$3.91in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  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 $555,776 for LEISA WALKER (DIRECTOR OF). 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$81,633,914
Expenses$74,447,210
Annual surplus $7,186,704 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$81,633,914
Expenses$74,447,210
Assets$291,178,898
Income$83,011,478
Accounting fees$10,430
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
LEISA WALKERDIRECTOR OF · 40 hrs/week $555,776Base $233,237 · Other $322,539
JOHN LEECEO · 45 hrs/week $389,371Base $264,143 · Other $125,228
WENDELL WELCHSR DIR IT & · 40 hrs/week $322,266Base $235,470 · Other $86,796
LOGAN PLEASANTDIR OF OPERA · 40 hrs/week $316,670Base $236,420 · Other $80,250
BEN MCCOLLUMDIR FINANCE · 40 hrs/week $291,883Base $145,306 · Other $146,577
FRANK TEAGUELINEMAN · 40 hrs/week $246,445Base $176,140 · Other $70,305
RANDALL SCOTTLINEMAN · 40 hrs/week $220,964Base $176,473 · Other $44,491
LAYNE MARSHALLLINEMAN · 40 hrs/week $206,867Base $182,576 · Other $24,291
HAMID VAHDATIPOURINTERIM CEO · 40 hrs/week $76,894Base $62,574 · Other $14,320
JAMES MANESPRESIDENT · 8 hrs/week $60,755
JAMES WALLSDIRECTOR · 3 hrs/week $54,355
RANDALL SHANKLESECRETARY/TR · 3 hrs/week $50,355

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 (16)

LEISA WALKERDIRECTOR OF

JOHN LEECEO

WENDELL WELCHSR DIR IT &

LOGAN PLEASANTDIR OF OPERA

BEN MCCOLLUMDIR FINANCE

FRANK TEAGUELINEMAN

RANDALL SCOTTLINEMAN

LAYNE MARSHALLLINEMAN

HAMID VAHDATIPOURINTERIM CEO

JAMES MANESPRESIDENT

JAMES WALLSDIRECTOR

RANDALL SHANKLESECRETARY/TR

GARY COOPERDIRECTOR

LYNN LAMONSVICE PRESIDE

DIANNE MAYFIELDDIRECTOR

JACK TEAGUEASST. SEC/TR

About this charity

Recognized since
January 1963
Location
PO BOX 127, HULBERT, OK 74441-0127
County
Cherokee
In care of
GLEN CLARK
Primary officer
GLEN CLARK, CEO - 2025

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BRISCOE BURKE & GRIGSBY LLP
NTEE classification
Arts, Culture & Humanities (A)
IRS tax category
Arts, Culture & Humanities

Thanks for caring! Learning about a charity is a great first step toward giving back.

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

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free