Lake Country Power
TO ENHANCE OUR COMMUNITIES BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY SERVICES TO OUR MEMBERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$412.4M
+4.7% YoY
Annual Giving
$13K
+109.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$13K
+109.0% YoY
About Lake Country Power
Based on IRS filings
Lake Country Power is a nonprofit organization, based in COHASSET, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $412.4M in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $492K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $412,383,625 | $393,961,504 | $369,734,330 |
| Revenue | $114,805,874 | $110,408,177 | $110,864,875 |
| Expenses | $114,805,874 | $110,408,177 | $110,871,573 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $491,532 | $184,232 | $74,375 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
5 open opportunities from Lake Country Power
Community and Technical College Scholarship
LAKE COUNTRY POWER
Amount
$1,000
Deadline
Rolling / Open
Cooperative Heroes Award
LAKE COUNTRY POWER
Amount
First place: $1,000; Second place: $500; Third place: $500
Deadline
November 15, 2026
Education Improvement Program Grant
LAKE COUNTRY POWER
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Northeastern Mn ($12,750).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED WAY OF NORTHEASTERN MN CHISHOLM, MN | DONATION AND SPONSORSHIP | $12,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN NAPSTAD | DIRECTOR | 7.13 | $18,350 |
| CRAIG OLSON | PRESIDENT | 9.56 | $18,000 |
| DANIEL KINGSLEY | VICE PRESIDENT | 7.17 | $15,650 |
| MICHAEL FORSMAN | SECRETARY | 9.46 | $15,600 |
| JASON LONG | DIRECTOR | 7.58 | $15,500 |
| LARRY ANDERSON | DIRECTOR | 9.27 | $15,350 |
| JEFF SHELDON | TREASURER | 8.47 | $14,600 |
| STEVE RAUKAR | DIRECTOR | 9.17 | $13,800 |
| ROBERT BRUCKBAUER | DIRECTOR | 7.92 | $11,100 |
| MARK BAKK | GENERAL MANAGER | 50 | $376,400 |
| DEREK HOWE | CHIEF OPERATING OFFICER | 50 | $245,232 |
| TRACY PETERSON WIRTANEN | CHIEF FINANCIAL OFFICER | 50 | $221,322 |
| WILLIAM BUSSEY | DIRECTOR OF SAFETY & RISK MANAGEMENT | 50 | $201,906 |
| REBECCA SEELEY | HUMAN RESOURCES DIRECTOR | 50 | $175,839 |
| JEFF THIEL | CREW CHIEF | 51.8 | $166,176 |
| WADE GOULD | AREA SUPERVISOR | 50 | $162,779 |
| CRAIG SISTAD | CREW CHIEF | 50.01 | $158,343 |
Frequently Asked Questions
How large is Lake Country Power?
As of 2024, Lake Country Power holds $412.4M in total assets with $114.8M in annual revenue. It awarded 1 grants totaling $13K in 2024.
Where does Lake Country Power operate?
Lake Country Power has awarded grants in Minnesota.
What size grants does Lake Country Power award?
In 2024, Lake Country Power awarded 1 grants totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.
What is Lake Country Power's EIN?
Lake Country Power's EIN (Employer Identification Number) is 41-1857633. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lake Country Power's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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