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
Director of Finance/office Manager
highest compensated employee
$208k
$224k
- Base
- $106k
- Bonus
- —
- Other
- —
- Benefits
- $34k
General Manager/ceo - Left 9/2024
officer (unspecified)
$177k
$191k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $23k
Manager of Technology Services
highest compensated employee
$171k
$184k
- Base
- $111k
- Bonus
- —
- Other
- —
- Benefits
- $39k
Manager of Member Services
highest compensated employee
$156k
$167k
- Base
- $109k
- Bonus
- —
- Other
- —
- Benefits
- $16k
Manager of Operations
highest compensated employee
$149k
$161k
- Base
- $114k
- Bonus
- —
- Other
- —
- Benefits
- $31k
General Manager/ceo - Joined 9/2024
officer (unspecified)
$75k
$81k
Vice President
vice president
$10k
$11k
Director
board member
$8k
$9k
Secretary
officer (unspecified)
$8k
$9k
Director
board member
$7k
$8k
Director
board member
$7k
$7k
Treasurer
officer (unspecified)
$7k
$7k
President
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director of Finance/office Manager highest compensated employee | $106k | — | — | $34k | $208k $224k |
General Manager/ceo - Left 9/2024 officer (unspecified) | $150k | — | — | $23k | $177k $191k |
Manager of Technology Services highest compensated employee | $111k | — | — | $39k | $171k $184k |
Manager of Member Services highest compensated employee | $109k | — | — | $16k | $156k $167k |
Manager of Operations highest compensated employee | $114k | — | — | $31k | $149k $161k |
General Manager/ceo - Joined 9/2024 officer (unspecified) | — | — | — | — | $75k $81k |
Vice President vice president | — | — | — | — | $10k $11k |
Director board member | — | — | — | — | $8k $9k |
Secretary officer (unspecified) | — | — | — | — | $8k $9k |
Director board member | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $7k $7k |
Treasurer officer (unspecified) | — | — | — | — | $7k $7k |
President | — | — | — | — | $5k $5k |
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.
Held steady
from 2023
From $208k in 2023 to $208k in 2024.
$208k
2023
$208k
2024
$208k
2023
$208k
2024
In today's dollarsEst.
Down 3% in real terms$230k to $224k
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
LAKE REGION ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.
RevenueExpenses
$19.9M
$19.7M
2023
$21.2M
$21M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.