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Filing year 2024

L&O POWER COOPERATIVE INC

Rock Rapids, Iowa·EIN 42-0721692·12
Total revenue
$43.1M
Total assets
$80.5M
Total expenses
$42.6M
Reported officers
14
Mission

SALE OF ELECTRICITY TO MEMBERS TO GENERATE INCOME FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES.

Executive compensation

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

Sec/treasurer
officer (unspecified)
$12k
$13k
Director
board member
$5k
$6k
Director
board member
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$4k
$5k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Vice President
vice president
$4k
$4k
Director
board member
$4k
$4k
Director
board member
$4k
$4k
Director From 04/2024
board member
$3k
$3k
Director Until 03/2024
board member
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Up 13%
from 2023

From $11k in 2023 to $12k in 2024.

$11k
2023
$12k
2024
In today's dollarsEst.
Up 10% in real terms$12k to $13k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

L&O POWER COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$43.8M
$43.1M
2023
$43.1M
$42.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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