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Filing year 2024

Lake Region Corporation

Devils Lake, North Dakota·EIN 45-0383900·501(c)(3)
Total revenue
$10.4M
Total assets
$6.1M
Total expenses
$10.1M
Reported officers
11
Mission

Providing support for people in achieving success in their life and their community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO (to Feb '25)
Median to 75th percentile
$165k
$178k
Base
$103k
Bonus
$44k
Other
Benefits
$13k
Rc
Highest Compensated Employee
25th percentile to median
$130k
$140k
CFO
Median to 75th percentile
$123k
$133k
COO
25th percentile to median
$123k
$133k
Executive Director (from Feb '25)
Median to 75th percentile
$113k
$121k
Vice President
Below 10th percentile
$450
$484
Secretary
Officer (Unspecified)
$450
$484
Board Member
Below 10th percentile
$450
$484
President
Below 10th percentile
$300
$323
Board Member
Below 10th percentile
$300
$323
Board Member
Below 10th percentile
$225
$242

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.

Climbed 8%
over 2 years

From $153k in 2022 to $165k in 2024.

$153k
2022
$168k
2023
$165k
2024
In today's dollarsEst.
Up 2% in real terms$175k to $178k

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.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2024, while revenue rose 13%.

$153k in 2022 to $165k in 2024.
  • Highest Compensated Employee pay fell 1% from 2023 to 2024.
  • Chief Financial Officer pay rose 9% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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

Revenue and expenses over time

Lake Region Corporation reported revenue and expenses across 3 filing years.

RevenueExpenses
$9.2M
$8.9M
2022
$10.7M
$10M
2023
$10.4M
$10.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Lake Region Corporation

What does the Chief Executive Officer of Lake Region Corporation earn?

In 2024, the Chief Executive Officer of Lake Region Corporation received $165,324 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Lake Region Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Lake Region Corporation falls between the median and the 75th percentile.

What are Lake Region Corporation's revenue and expenses?

In 2024, Lake Region Corporation reported $10.4M in total revenue and $10.1M in total expenses on its IRS Form 990.

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