Public Charity

LAKE COUNTRY POWER

LAKE COUNTRY POWER is a Public Charity headquartered in COHASSET, MN. Financial data from the 2025 filing: $125.7M revenue, $125.7M expenses, $433.8M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $44K.

EIN: 411857633 COHASSET, MN Latest filing: 2025
Total Revenue$125.7M
Total Expenses$125.7M
Total Assets$433.8M
Grants Given5
Grant Total$44K
Filing Years2021–2025

Mission

TO ENHANCE OUR COMMUNITIES BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY SERVICES TO OUR MEMBERS.

Sample Grants Given

DULUTH, MN · 2025
MEMBERSHIP AND GOLD SPONSORSHIP WINTER DINNER
$8,500
CHISHOLM, MN · 2024
DONATION AND SPONSORSHIP
$12,750
DULUTH, MN · 2023
MEMBERSHIP AND GOLD SPONSORSHIP WINTER DINNER
$6,100
CHISHOLM, MN · 2022
SENATOR DAVID J. TOMASSONI BRIDGE OF PEACE MEMORIAL
$10,000
CHISHOLM, MN · 2018
PROGRAM ASSISTANCE
$7,000

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

Officers & Directors

DIRECTOR Brian Napstad
PRESIDENT Craig Olson
CREW CHIEF Craig Sistad
VICE PRESIDENT Daniel Kingsley
CHIEF OPERATING OFFICER Derek Howe
DIRECTOR Jason Long

Officer compensation and complete director data available with membership.

Top Grant Purposes

Fundraising & Sponsorship
$27,350 3 grants
General Support
$7,000 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $125.7M $125.7M $433.8M
2024 $114.8M $114.8M $412.4M
2023 $110.4M $110.4M $394.0M
2022 $110.9M $110.9M $369.7M
2021 $99.7M $99.7M $360.6M

Between 2021 and 2025, reported annual revenue grew from $99.7M to $125.7M (+26%), with total assets most recently reported at $433.8M.

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.

See the full picture for LAKE COUNTRY POWER

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