NonprofitsL & O Power Cooperative

L & O Power Cooperative

ROCK RAPIDS, IA

Total revenue

$43.1M

Total expenses

$42.6M

Net assets

$40.0M

Grants received

EIN

420721692

Tax year

2024

Mission

Sale of electricity to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$43.0M
Investment income$76K
Other revenue
Total revenue$43.1M

Expenses

Grants paid
Salaries & benefits$62K
Fundraising
Other expenses$40.8M
Total expenses$42.6M
Total assets$80.5M
Net assets$40.0M

People

14 listed

NameRoleCompensation

DAVID HUFF

SEC/TREASURER

Board

$12K

6 hrs/wk

DAVID DEBOER

PRESIDENT

Board

$7K

6 hrs/wk

DAVID HANSEN

DIRECTOR

Board

$5K

6 hrs/wk

LUCAS ROSKAMP

DIRECTOR

Board

$5K

6 hrs/wk

GREGG JOHNSON

DIRECTOR

Board

$5K

6 hrs/wk

DEAN HASPELS

DIRECTOR

Board

$4K

6 hrs/wk

DAVID MESCHKE

DIRECTOR

Board

$4K

6 hrs/wk

DAN LEUTHOLD

DIRECTOR

Board

$4K

6 hrs/wk

ADAM HOEKSTRA

VICE PRESIDENT

Board

$4K

6 hrs/wk

GLENN DICKS

DIRECTOR

Board

$4K

6 hrs/wk

NOLAN KOOIKER

DIRECTOR

Board

$4K

6 hrs/wk

TERRENCE CLARK

DIRECTOR FROM 04/2024

Board

$3K

6 hrs/wk

STEVE VOSS

DIRECTOR UNTIL 03/2024

Board

$2K

6 hrs/wk

CURT DIEREN

MANAGER/CEO

Board

30 hrs/wk

Independent contractors

DGR ENGINEERING

ADMIN, MANAGEMENT, MAINTENANCE, ENGINEER

$2.1M

WATTS ELECTRIC COMPANY

ELECTRICAL CONSTRUCTION COMPANY

$1.8M

N & M POWER CO

ELECTRICAL CONSTRUCTION COMPANY

$596K

PENNSYLVANIA TRANSFORMER TECHNOLOGY INC

ELECTRICAL MANUFACTURING COMPANY

$370K

RESCO

ELECTRICAL MANUFACTURING COMPANY

$151K

Details

EIN420721692
Subsection12
Ruling date1961-12
Formed1952
Employees0
Volunteers0
L & O POWER COOPERATIVE — Mission, Financials & Grants Received | Grantivo