NonprofitsIowa Lakes Electric Cooperative

Public & Societal Benefit

Iowa Lakes Electric Cooperative

ESTHERVILLE, IA

Total revenue

$74.7M

Total expenses

$71.0M

Net assets

$130.1M

Grants received

EIN

421259366

Tax year

2024

Mission

To provide electric utility services to members of the cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$69.1M
Investment income$636K
Other revenue$5.0M
Total revenue$74.7M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$66.1M
Total expenses$71.0M
Total assets$182.9M
Net assets$130.1M

People

24 listed

NameRoleCompensation

RYAN CRAIG

PRESIDENT/CEO

Board

$268K

55 hrs/wk

AARON RUSCHY

VP OF OPERATIONS & ENGINEERING

Board

$198K

48 hrs/wk

JENNIFER SIEVERT

VP OF CUSTOMER & CORP RELATIONS

Board

$183K

48 hrs/wk

SHELLY TREDWAY

VP OF FINANCE/CFO

Board

$182K

48 hrs/wk

DANIEL WINTERHOF

CHAIR

Board

$14K

6 hrs/wk

DAVID FRIEDRICH

DIRECTOR

Board

$12K

5 hrs/wk

CRYSTAL PLUTH

TREASURER

Board

$12K

5 hrs/wk

MARK TUTTLE

DIRECTOR

Board

$11K

7 hrs/wk

CHAD BOYSEN

VICE CHAIR

Board

$11K

4 hrs/wk

TRENT WILL

SECRETARY

Board

$11K

6 hrs/wk

BEN ASHLAND

DIRECTOR

Board

$10K

5 hrs/wk

ALAN MADDEN

DIRECTOR

Board

$10K

7 hrs/wk

GARY ROUSE

DIRECTOR

Board

$9K

4 hrs/wk

CRAIG DEIM

DIRECTOR

Board

$9K

5 hrs/wk

ROGER WILLIAMSON

DIRECTOR

Board

$9K

5 hrs/wk

NICK KERNS

DIRECTOR

Board

$8K

5 hrs/wk

BRUCE AMUNDSON

DIRECTOR

Board

$7K

4 hrs/wk

JERRY BECK

DIRECTOR

Board

$7K

4 hrs/wk

NEAL HELDT

DIRECTOR

Board

$5K

7 hrs/wk

BRIAN SCOTT

SUPERINTENDENT OF FIELD OPERATIONS

Staff

$128K

48 hrs/wk

ALDEN ZEITZ

MANAGER OF RENEWABLE ENERGY SERVICES

Staff

$128K

48 hrs/wk

JEREMY NELSON

MANAGER OF ENGINEERING

Staff

$125K

48 hrs/wk

KRISTIN HANSON

MANAGER OF HR

Staff

$121K

48 hrs/wk

JED SKOGERBOE

MANAGER OF BUSINESS AND COMMUNITY DEVELOPMENT

Staff

$119K

48 hrs/wk

Independent contractors

LOOSBROCK DIGGING SERVICE

URD TRENCHING

$478K

OSMOSE UTILITIES SERVICE

POLE TREATING

$261K

HENNINGSEN CONSTRUCTION

SERVICE CENTER REMODEL

$231K

KW ELECTRIC

ELECTRICAL SERVICES

$229K

JACOBSEN TREE EXPERTS

TREE TRIMMING

$186K

Details

EIN421259366
NTEE codeW80
Subsection12
Ruling date1986-05
Formed1986
Employees66
Volunteers0
IOWA LAKES ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo