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LAKE REGION ELECTRIC COOPERATIVE

EIN: 41-0363020Pelican Rapids, MNZIP: 565720643
501(c)(12)

Mission

TO PROVIDE OUR MEMBERS WITH SAFE, RELIABLE, AFFORDABLE ELECTRICITY, AND LEAD BY OFFERING INNOVATIVE ENERGY SERVICES TO GROW THE COOPERATIVE.

Financials

YearRevenueExpensesAssets
2024$59.5M$0$155.6M
2023$57.2M$0$151.6M

Compensation

2024

TIM THOMPSON
$280,974
$47,966
$16,502
$511,357
AL FAZIO
$163,830
$7,257
$3,240
$268,152
DONALD HANSON
$136,693
$500
$3,571
$202,160
DYLAN AAFEDT
$156,640
$7,091
$1,808
$193,526
AMANDA FULLER
$154,070
$5,350
$1,821
$188,850
PHILLIP BOLLINGBERG
$139,454
$400
$1,148
$186,196
ERIK OLSON
$136,373
$1,200
$1,147
$182,734
KYLE JENSEN
$135,995
$900
$1,184
$181,195
KURT KRUEGER
$0
$0
$0
$15,640
THOMAS JENNEN
$0
$0
$0
$14,700
JIM GRONBECK
$0
$0
$0
$13,760
CHARLIE BLIXT
$0
$0
$0
$12,120
GARY OLSON
$0
$0
$0
$11,080
LEE MINDEMANN
$0
$0
$0
$10,830
MICHAEL BRASEL
$0
$0
$0
$9,580
PATRICK MEYERS
$0
$0
$0
$9,540

2023

TIM THOMPSON
$264,962
$46,319
$11,534
$477,894
AL FAZIO
$155,449
$6,987
$2,444
$250,527
PAUL BERGREN
$129,512
$5,558
$2,653
$212,925
JASON HAMAN
$135,083
$1,290
$1,417
$205,176
DONALD HANSON
$134,461
$1,090
$2,216
$195,637
DYLAN AAFEDT
$147,939
$6,231
$1,795
$182,038
THOMAS JENNEN
$0
$0
$0
$15,840
KURT KRUEGER
$0
$0
$0
$13,790
EARL RYDELL
$0
$0
$0
$13,490
CHARLIE BLIXT
$0
$0
$0
$12,090
CECIL HENSEL
$0
$0
$0
$11,890
GARY OLSON
$0
$0
$0
$10,970
PATRICK MEYERS
$0
$0
$0
$10,610
MICHAEL BRASEL
$0
$0
$0
$10,600

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Learn more

Data from IRS Form 990 filings (2023-2024).