Public Charity

LACREEK ELECTRIC ASSOCIATION INC

LACREEK ELECTRIC ASSOCIATION INC, of MARTIN, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $17.5M in revenue, $17.2M in expenses, $69.8M in total assets.

EIN: 460218629 MARTIN, SD Latest filing: 2025
Total Revenue$17.5M
Total Expenses$17.2M
Total Assets$69.8M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE OUR SERVICE TERRITORY WITH SAFE AND RELIABLE SERVICE AT THE LOWEST POSSIBLE COST, WHILE ADVANCING THE QUALITY OF LIFE BY STAYING ABREAST OF THE LATEST TECHNOLOGY AVAILABLE IN OUR INDUSTRY.

Officers & Directors

VICE PRESIDENT/PRESIDENT Brent Ireland
BOARD MEMBER Clarence Allen
BOARD MEMBER Clifford Lafferty
BOARD MEMBER/SECRETARY Cole Lange
BOARD MEMBER Connie Whirlwind Horse
JOURNEYMAN LINEMAN Damon Wangerin

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $17.5M $17.2M $69.8M
2024 $16.9M $16.5M $68.2M
2023 $16.5M $16.0M $70.0M
2022 $17.0M $16.7M $67.5M
2021 $15.7M $14.9M $62.8M

Between 2021 and 2025, reported annual revenue grew from $15.7M to $17.5M (+12%), with total assets most recently reported at $69.8M.

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

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