Public Charity

LAKE REGION ELECTRIC ASSOCIATION INC

LAKE REGION ELECTRIC ASSOCIATION INC, of WEBSTER, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $21.2M in revenue, $21.0M in expenses, $53.7M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $62K.

EIN: 460156581 WEBSTER, SD Latest filing: 2024
Total Revenue$21.2M
Total Expenses$21.0M
Total Assets$53.7M
Grants Given6
Grant Total$62K
Filing Years2020–2024

Mission

TO PROVIDE THE HIGHEST QUALITY OF SERVICES AND PRODUCTS TO ITS MEMBERS WHILE MAINTAINING COMPETITIVE RATES.

Sample Grants Given

BRITTON, SD · 2024
ASSIST LOCAL ORGANIZATIONS SUCH AS FOOD BANKS, KIDS BACKPACK MEALS, 4-H.
$10,000
WEBSTER, SD · 2023
ASSIST LOCAL ORGANIZATIONS SUCH AS FOOD BANKS, KIDS BACKPACK MEALS, 4-H
$10,000
BRITTON, SD · 2022
ASSIST LOCAL ORGANIZATIONS SUCH AS FOOD BANKS, KIDS BACKPACK MEALS, 4-H
$10,000
WEBSTER, SD · 2021
TO GIVE ASSISTANCE TO LOCAL FUNDS, SUCH AS: FOOD BANKS, KIDS BACKPACK MEAL PROGRAMS, 4-H PROGRAMS, AND BRITTON EVENT CENTER
$10,000
BRITTON, SD · 2020
TO GIVE ASSISTANCE TO LOCAL FUNDS, SUCH AS: FOOD BANKS, KIDS BACKPACK MEAL PROGRAMS, 4-H PROGRAMS, AND BRITTON EVENT CENTER
$15,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

DIRECTOR Amy Kuecker
TREASURER Andrea Kilker
MANAGER OF MEMBER SERVICES Brett Kwasniewski
DIRECTOR Cody Paszek
DIRECTOR OF FINANCE/OFFICE MANAGER Donna Sattler
MANAGER OF OPERATIONS James Grimes

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO GIVE ASSISTANCE TO LOCAL FUNDS, SUCH AS: FOOD BANKS, KIDS BACKPACK MEAL PROGRAMS, 4-H PROGRAMS, AND BRITTON EVENT CENTER
$25,000 2 grants
ASSIST LOCAL ORGANIZATIONS SUCH AS FOOD BANKS, KIDS BACKPACK MEALS, 4-H
$20,000 2 grants
ASSIST LOCAL ORGANIZATIONS SUCH AS FOOD BANKS, KIDS BACKPACK MEALS, 4-H.
$10,000 1 grant
TO GIVE ASSISTANCE TO LOCAL FUNDS, SUCH AS: FOOD BANKS, KIDS BACKPACK MEAL PROGRAMS, 4-H PROGRAMS, SD YOUTH PROGRAM, SPECIAL OLYMPICS, ETC.
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $21.2M $21.0M $53.7M
2023 $19.9M $19.7M $50.0M
2022 $19.8M $19.7M $46.9M
2021 $19.9M $19.7M $46.8M
2020 $17.8M $17.7M $46.2M

Between 2020 and 2024, reported annual revenue grew from $17.8M to $21.2M (+19%), with total assets most recently reported at $53.7M.

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

Grant Geography

Grants from this foundation were reported to recipients in SD.

SD

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

See the full picture for LAKE REGION ELECTRIC ASSOCIATION INC

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