Lake Country Power Electric Trust
The purpose of the trust shall be the accumulation and disbursement of funds for charitable and educational purposes primarily in the areas served by lake country power cooperative.
Lake Country Power Electric Trust at a glance
In short: Lake Country Power Electric Trust gave $22K across 4 grants in 2024 (avg $6K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $22,475
- -3.5% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $5,619
- -27.7% vs 2023
- Median grant
- $5,500
- Total assets
- $43,846
- +21.7% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Lake Country Power Electric Trust funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Buyck Community Fire Protection Association ($6K). Together the top 4 received $22K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How Lake Country Power Electric Trust gives
- Giving grew 28% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $18K (2021) to $25K (2022). In 2024 it made 4 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Buyck Community Fire Protection Association Buyck, MN | Funds for Vacuum Spine Board Purchase | $6,000 |
| Northland Community School ISD 118 Remer, MN | Funds for educational supplies - cnc plasma cutting machine | $5,500 |
| St Vincent De Paul Merrifield, MN | Assistance to Community Experiencing Financial Difficulties | $5,500 |
| Well Being Development ELY, MN | Assistance to Vulnerable Adults | $5,475 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $43,846 | $234,197 | $226,383 | $22,475 | 4 |
| 2023 | $36,032 | $210,941 | $211,413 | $23,300 | 3 |
| 2022 | $36,504 | $210,527 | $212,940 | $25,000 | 4 |
| 2021 | $38,917 | $206,999 | $218,306 | $17,600 | 3 |
| 2020 | $50,224 | $198,694 | $180,547 | — | — |
About Lake Country Power Electric Trust
Based on IRS filings
Lake Country Power Electric Trust is a public charity, based in Cohasset, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44K in total assets. In 2024, it awarded 4 grants totaling $22K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Lake Country Power Electric Trust is led by Mary Jo Stenson, President since 2023 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mary Jo Stenson
President
Board Member → Treasurer, 2021
Treasurer → President, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Keyth Wallin
Board Member
Secretary & Board Member → Secretary, 2021
Secretary → Board Member, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Ron Svatos
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Tarry Edington
Treasurer
Board Member → Treasurer, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Katie Hildenbrand
Vice President
Board Member → Vice President, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Gary Nelson
Secretary
On filings since 2023
0.5 hrs/week
No compensation reported
Gene Rands
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Charlie Ross
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Steve Councilman
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (7)
- Former: Bobbi Maish (2020–2023) — President
- Former: Gerald Varner (2020–2023) — Vice President
- Former: Debora Zauhar (2021–2023) — Vice President
- Former: Jan Bignall (2020–2022) — Board Member
- Former: Linda Burja (2020–2022) — Board Member
- Former: Larry Anderson (2020) — President & Board Member
- Former: Mary Bianco (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lake Country Power Electric Trust
How much does Lake Country Power Electric Trust give each year?
Lake Country Power Electric Trust gave $22K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $23K across 3 grants.
What is Lake Country Power Electric Trust's typical grant size?
Lake Country Power Electric Trust's median grant in 2024 was $5,500, and its average grant was $5,619, across 4 grants on its 2024 IRS Form 990.
Where does Lake Country Power Electric Trust give grants?
Lake Country Power Electric Trust gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Lake Country Power Electric Trust give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Lake Country Power Electric Trust's 2024 IRS Form 990 were described as general or operating support.
How large is Lake Country Power Electric Trust?
Lake Country Power Electric Trust reported $44K in total assets on its 2024 IRS Form 990. Its revenue that year was $234K.
What is Lake Country Power Electric Trust's EIN?
Lake Country Power Electric Trust's EIN (Employer Identification Number) is 20-6179494. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS June 30, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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