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.
Ready to take the next step with Lake Country Power?
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
No grants recorded for .
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 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lake Country Power on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities