NonprofitsLake Region Electric Association Inc

Lake Region Electric Association Inc

WEBSTER, SD

Total revenue

$21.2M

Total expenses

$21.0M

Net assets

$20.0M

Grants received

EIN

460156581

Tax year

2024

Mission

Provide the highest quality services and products while maintaining competitive rates.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$21.1M
Investment income$129K
Other revenue
Total revenue$21.2M

Expenses

Grants paid$14K
Salaries & benefits$2.7M
Fundraising
Other expenses$17.0M
Total expenses$21.0M
Total assets$53.7M
Net assets$20.0M

People

13 listed

NameRoleCompensation

TIMOTHY MCINTYRE

GENERAL MANAGER/CEO - LEFT 9/2024

Board

$150K

40 hrs/wk

JEREMY T LINDEMANN

GENERAL MANAGER/CEO - JOINED 9/2024

Board

$48K

40 hrs/wk

RODNEY TOBIN

VICE PRESIDENT

Board

$10K

8 hrs/wk

CODY PASZEK

DIRECTOR

Board

$8K

8 hrs/wk

THOMAS LEE STEINER

SECRETARY

Board

$8K

8 hrs/wk

AMY KUECKER

DIRECTOR

Board

$7K

8 hrs/wk

MARK WISMER

DIRECTOR

Board

$7K

8 hrs/wk

ANDREA KILKER

TREASURER

Board

$7K

8 hrs/wk

KERMIT PEARSON

PRESIDENT

Board

$5K

10 hrs/wk

JAMES GRIMES

MANAGER OF OPERATIONS

Staff

$114K

40 hrs/wk

TIMOTHY GAIKOWSKI

MANAGER OF TECHNOLOGY SERVICES

Staff

$111K

40 hrs/wk

BRETT KWASNIEWSKI

MANAGER OF MEMBER SERVICES

Staff

$109K

40 hrs/wk

DONNA SATTLER

DIRECTOR OF FINANCE/OFFICE MANAGER

Staff

$106K

40 hrs/wk

Independent contractors

K&H ELECTRIC

UNDERGROUND CONSTRUCTION

$536K

Details

EIN460156581
Subsection12
Ruling date1965-08
Formed1941
Employees24
Volunteers0
LAKE REGION ELECTRIC ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo