Public Charity

LAKE REGION ELECTRIC COOPERATIVE

Based in PELICAN RAPIDS, MN, LAKE REGION ELECTRIC COOPERATIVE operates as a Public Charity. The organization reported $59.5M in revenue, $57.7M in expenses, $155.6M in total assets for fiscal year 2024. Imperigo tracks 2 reported grants from this foundation totaling approximately $260K.

EIN: 410363020 PELICAN RAPIDS, MN Latest filing: 2024
Total Revenue$59.5M
Total Expenses$57.7M
Total Assets$155.6M
Grants Given2
Grant Total$260K
Filing Years2020–2024

Mission

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

Sample Grants Given

PELICAN RAPIDS, MN · 2024
CONTRIBUTION OF UNCLAIMED CAPITAL CREDITS
$126,846
PELICAN RAPIDS, MN · 2023
CONTRIBUTION OF UNCLAIMED CAPITAL CREDITS
$132,997

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT OF ENGINEERING/OPERATINGS Al Fazio
VICE PRESIDENT OF FINANCE/CFO Amanda Fuller
SECRETARY/TREASURER Cecil Hensel
DIRECTOR Charlie Blixt
LEAD JOURNEYMAN LINEWORKER Donald Hanson
VICE PRESIDENT OF BUSINESS SOLUTIONS Dylan Aafedt

Officer compensation and complete director data available with membership.

Top Grant Purposes

CONTRIBUTION OF UNCLAIMED CAPITAL CREDITS
$259,843 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $59.5M $57.7M $155.6M
2023 $57.2M $56.8M $151.6M
2022 $56.5M $56.2M $146.5M
2021 $57.0M $55.4M $144.3M
2020 $56.8M $53.9M $143.8M

Between 2020 and 2024, reported annual revenue grew from $56.8M to $59.5M (+5%), with total assets most recently reported at $155.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN.

MN

Full geographic grant map with state-by-state breakdown available with membership.

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