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Filing year 2024

LAKE COUNTRY POWER ELECTRIC TRUST

Cohasset, Minnesota·EIN 20-6179494·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$234k
Total assets
$44k
Total expenses
$226k
Reported officers
9
Mission

THE PURPOSE OF THE TRUST SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES PRIMARILY IN THE AREAS SERVED BY LAKE COUNTRY POWER COOPERATIVE.

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE COUNTRY POWER ELECTRIC TRUST reported 9 unpaid officers and board members on its 990.

Board Member (started May 2024)
Board Member (started May 2024)
Board Member (through June 2024)
President
Treasurer
Board Member
Vice President
Board Member
Secretary
Financial trend

Revenue and expenses over time

LAKE COUNTRY POWER ELECTRIC TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$211k
$211k
2023
$234k
$226k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

LAKE COUNTRY POWER ELECTRIC TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $44,570.

25th percentile
$12k
Median
$44,570
75th percentile
$113k
90th percentile
$250k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 287 organizations across 287 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about LAKE COUNTRY POWER ELECTRIC TRUST

What are LAKE COUNTRY POWER ELECTRIC TRUST's revenue and expenses?

In 2024, LAKE COUNTRY POWER ELECTRIC TRUST reported $234k in total revenue and $226k in total expenses on its IRS Form 990.

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