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Filing year 2024

LAKE REGION ELECTRIC ASSOCIATION INC

Webster, South Dakota·EIN 46-0156581·12
Total revenue
$21.2M
Total assets
$53.7M
Total expenses
$0
Reported officers
13
Mission

TO PROVIDE THE HIGHEST QUALITY OF SERVICES AND PRODUCTS TO ITS MEMBERS WHILE MAINTAINING COMPETITIVE RATES.

Executive compensation, broken down

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

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Director of Finance/office Manager
highest compensated employee
$208k
General Manager/ceo - Left 9/2024
officer (unspecified)
$177k
Manager of Technology Services
highest compensated employee
$171k
Manager of Member Services
highest compensated employee
$156k
Manager of Operations
highest compensated employee
$149k
General Manager/ceo - Joined 9/2024
officer (unspecified)
$75k
Vice President
vice president
$10k
Director
board member
$8k
Secretary
officer (unspecified)
$8k
Director
board member
$7k
Treasurer
officer (unspecified)
$7k
Director
board member
$7k

Held steady
from 2023

From $208k in 2023 to $208k in 2024.

$208k
2023
$208k
2024
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
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