Public Charity

L&O POWER COOPERATIVE INC

L&O POWER COOPERATIVE INC, of ROCK RAPIDS, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $43.1M in revenue, $42.6M in expenses, $80.5M in total assets.

EIN: 420721692 ROCK RAPIDS, IA Latest filing: 2024
Total Revenue$43.1M
Total Expenses$42.6M
Total Assets$80.5M
Grant Records0
Filing Years2020–2024

Mission

SALE OF ELECTRICITY TO MEMBERS TO GENERATE INCOME FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES.

Officers & Directors

VICE PRESIDENT Adam Hoekstra
MANAGER/CEO Curt Dieren
DIRECTOR Dan Leuthold
PRESIDENT David Deboer
DIRECTOR David Hansen
SEC/TREASURER David Huff

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $43.1M $42.6M $80.5M
2023 $43.8M $43.1M $76.2M
2022 $39.5M $39.0M $64.6M
2021 $31.8M $31.7M $53.6M
2020 $30.7M $31.0M $49.8M

Between 2020 and 2024, reported annual revenue grew from $30.7M to $43.1M (+41%), with total assets most recently reported at $80.5M.

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

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