Mission
TO PROVIDE ELECTRIC UTILITY SERVICES TO MEMBERS OF THE COOPERATIVE.
Public Charity
IOWA LAKES ELECTRIC COOPERATIVE
IOWA LAKES ELECTRIC COOPERATIVE is a nonprofit organization categorized as Public Charity based in ESTHERVILLE, IA. Its most recent IRS filing (2024) reports revenue of $74.7M, expenses of $71.0M, total assets of $182.9M.
EIN: 421259366
ESTHERVILLE, IA
Public Utilities
NTEE: W80
Latest filing: 2024
Total Revenue$74.7M
Total Expenses$71.0M
Total Assets$182.9M
Grant Records0
Filing Years2020–2024
Officers & Directors
VP OF OPERATIONS & ENGINEERING
Aaron Ruschy
DIRECTOR
Alan Madden
MANAGER OF RENEWABLE ENERGY SERVICES
Alden Zeitz
DIRECTOR
Ben Ashland
SUPERINTENDENT OF FIELD OPERATIONS
Brian Scott
DIRECTOR
Bruce Amundson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $74.7M | $71.0M | $182.9M |
| 2023 | $73.8M | $67.9M | $179.1M |
| 2022 | $73.3M | $67.9M | $175.8M |
| 2021 | $68.3M | $65.8M | $167.4M |
| 2020 | $66.0M | $63.4M | $166.7M |
Between 2020 and 2024, reported annual revenue grew from $66.0M to $74.7M (+13%), with total assets most recently reported at $182.9M.
Interactive year-over-year charts and full filing details available with membership.