Overview
What is Lake Region Electric Association Inc?
Lake Region Electric Association Inc is a nonprofit organization based in Webster, South Dakota. With a team of 22 dedicated employees, they provide electric service to approximately 2,628 members in the area. Their mission is to deliver high-quality services and products while maintaining competitive rates for their consumers. This local cooperative prioritizes the needs of its members, ensuring they receive reliable and efficient electricity to support their daily lives.
Official website here: www.lakeregion.coop
Is Lake Region Electric Association Inc legitimate?
Lake Region Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Region Electric Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $239,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,582,753
For more financial information, click here
Official website here: www.lakeregion.coop
What is the mission statement of Lake Region Electric Association Inc?
Lake Region Electric Association Inc is dedicated to delivering superior quality electric services and products to its members. This commitment is maintained while ensuring competitive pricing. The organization takes pride in providing electricity to approximately 2,628 members, striving for customer satisfaction and value. Their aim is to consistently meet and exceed expectations, providing reliable and efficient solutions for their community's energy needs. By focusing on quality and affordability, Lake Region Electric Association Inc fosters a strong bond of trust and loyalty with its members.
Official website here: www.lakeregion.coop
Who is the CEO of Lake Region Electric Association Inc?
Tim Mcintyre is the Director of Lake Region Electric Association Inc.
Official website here: www.lakeregion.coop
What is the revenue of Lake Region Electric Association Inc?
Lake Region Electric Association Inc's revenue in 2022 was $19,790,370.
Official website here: www.lakeregion.coop
Who are the executives of Lake Region Electric Association Inc and what are their salaries?
The average compensation at Lake Region Electric Association Inc during 2022 was $82,852. There are 22 employees at Lake Region Electric Association Inc.
Here are 9 key members and their salaries:
- Tim Mcintyre (General Manager)
- Amy Kuecker (Director)
- Rodney Tobin (Vice President) [Trustee/Director]
- Mark Wismer (Director)
- Andrea Kilker (Treasurer) [Trustee/Director]
- Thomas Steiner (Secretary) [Trustee/Director]
- Cody Paszek (Director From 06/2022)
- Kermit Pearson (President) [Trustee/Director]
- Roger Kules (Director Until 06/2022)
Official website here: www.lakeregion.coop
Where can I find the form 990 for Lake Region Electric Association Inc?
The Lake Region Electric Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lakeregion.coop
Learn more at the official website: www.lakeregion.coop
Mission Statement of Lake Region Electric Association Inc
Lake Region Electric Association Inc, a leading electric service provider, is dedicated to delivering the highest quality of services and products to its members. The organization's mission is twofold: to meet and exceed member expectations while ensuring competitive rates.
The team at Lake Region Electric Association Inc strives tirelessly to provide reliable electric service to their approximately 2,628 members. Their commitment to quality is evident in their consistent efforts to maintain a robust and efficient power grid. By doing so, they ensure that their members' daily lives are unaffected by power outages and that their businesses continue to operate smoothly. Additionally, the association's competitive rates enable its members to save on their energy bills, allowing them to allocate their financial resources towards other important areas.
Moreover, Lake Region Electric Association Inc's customer-centric approach sets it apart from other electric service providers. Their focus on providing the highest quality services is reflected in their responsive and attentive customer support. The team is always available to address any concerns or inquiries, ensuring that their members' needs are met in a timely and efficient manner. Furthermore, their commitment to maintaining competitive rates not only benefits their members but also helps to promote economic growth within the community by keeping energy costs affordable for local businesses.
In summary, Lake Region Electric Association Inc is a dedicated and forward-thinking electric service provider. With a mission to provide the highest quality of services and products while maintaining competitive rates, the organization is committed to ensuring the satisfaction and financial well-being of its members. By consistently delivering reliable electric service, responsive customer support, and affordable rates, Lake Region Electric Association Inc continues to set the bar high in the electric service industry.
Impact
This information is meant to be a general summary of Lake Region Electric Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lake Region Electric Association Inc's impact lies in providing high-quality services and products to approximately 2,628 members in Webster, South Dakota. By ensuring access to essential electric services at competitive rates, the association plays a crucial role in supporting the community's infrastructure and promoting economic development. Through its dedication to meeting the needs of its members, Lake Region Electric Association Inc contributes to enhancing the quality of life for individuals and businesses in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$18,271,316
CAPITAL CREDITS
Revenue
$1,508,464
Organization Details
Founding Year
1941
Phone
(605) 345-3379
Principal Officer
Tim Mcintyre
Main Address
PO BOX 341, WEBSTER, SD, 572740341
Website
www.lakeregion.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Lake Region Electric Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.