Lake Region Electric Association Inc
To provide the highest quality of services and products to its members while maintaining competitive rates.
Lake Region Electric Association Inc at a glance
In short: Lake Region Electric Association Inc gave $15K across 1 grant in 2025 (avg $15K), mostly in South Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $15,000
- +50.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $15,000
- +50.0% vs 2024
- Median grant
- $15,000
- Total assets
- $56,134,138
- +4.5% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Lake Region Electric Association Inc
- Next open deadline
- February 14, 2027 (Basin Electric Power Cooperative (BEPC) Scholarship)
Open Grants
4 open opportunities from Lake Region Electric Association Inc
Basin Electric Power Cooperative (BEPC) Scholarship
Lake Region Electric Association Inc
Amount
$1,000
Deadline
Expected ~February
Based on past cycles
Charles Johnson Education and Training Trust Scholarship
Lake Region Electric Association Inc
Amount
Varies
Deadline
Expected ~February
Based on past cycles
Duane Snaza Memorial Scholarship
Lake Region Electric Association Inc
Amount
$1,000
Deadline
Expected ~February
Based on past cycles
Who Lake Region Electric Association Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Glacial Lakes Area Development ($15K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Lake Region Electric Association Inc gives
- Giving grew 50% from 2022 to 2025. 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 2019 to 2025, annual grant giving ranged from $8K (2019) to $15K (2025). In 2025 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Glacial Lakes Area Development Britton, SD | Assist local organizations such as food banks, kids backpack meals, 4-h. | $15,000 |
Ready to take the next step with Lake Region Electric Association Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $56,134,138 | $20,491,287 | $20,349,970 | $15,000 | 1 | $87,891 |
| 2024 | $53,701,411 | $21,153,524 | $20,960,091 | $10,000 | 1 | $129,493 |
| 2023 | $49,986,705 | $19,878,233 | $19,703,998 | $10,000 | 1 | $113,558 |
| 2022 | $46,911,496 | $19,790,370 | $19,719,627 | $10,000 | 1 | $57,615 |
| 2021 | $46,798,980 | $19,860,340 | $19,706,183 | $10,000 | 1 | $67,795 |
| 2020 | $46,193,920 | $17,807,086 | $17,713,223 | $15,000 | 1 | $54,488 |
| 2019 | $42,890,819 | $19,141,078 | $18,935,695 | $7,500 | 1 | $133,283 |
About Lake Region Electric Association Inc
Based on IRS filings
Lake Region Electric Association Inc is a public charity, based in Webster, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $56.1M in total assets. In 2025, it awarded 1 grant totaling $15K. Net investment income was $88K.
Leadership & Key People
Officers and directors from IRS filings
Lake Region Electric Association Inc is led by Jeremy T. Lindemann, General Manager & CEO since 2025 (on filings since 2024); all 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jeremy T. Lindemann
General Manager & CEO
General Manager & CEO - Joined → General Manager & CEO, 2025
On filings since 2024
40 hrs/week
$48K (2024) → $162K (2025)
Kermit Pearson
President
On filings since 2019
10 hrs/week
$4K (2019) → $4K (2025)
Amy Kuecker
Director
On filings since 2019
8 hrs/week
$8K (2019) → $7K (2025)
Mark Wismer
Director
On filings since 2019
8 hrs/week
$11K (2019) → $6K (2025)
Cody Paszek
Director
Director From → Director, 2023
On filings since 2022
8 hrs/week
$5K (2022) → $8K (2025)
Donna Sattler
Director of Finance & Officer
Director of Finance & Office Manager → Director of Finance & Officer, 2025
On filings since 2024
40 hrs/week
$106K (2024) → $115K (2025)
Andrea Kilker
Treasurer
Director → Treasurer, 2022
On filings since 2019
8 hrs/week
$8K (2019) → $6K (2025)
Rodney Tobin
Vice President
On filings since 2019
8 hrs/week
$6K (2019) → $7K (2025)
Thomas Lee Steiner
Secretary
On filings since 2019
8 hrs/week
$5K (2019) → $7K (2025)
Brett Kwasniewski
Manager of Member Services
On filings since 2023
40 hrs/week
$101K (2023) → $116K (2025)
James Grimes
Manager of Operations - Left
Manager of Operations → Manager of Operations - Left, 2025
On filings since 2023
40 hrs/week
$102K (2023) → $147K (2025)
Timothy Gaikowski
Manager of Technology Serv
Manager of Technology Services → Manager of Technology Serv, 2025
On filings since 2024
40 hrs/week
$111K (2024) → $116K (2025)
Daniel Williams
Line Foreman
New on the 2025 filing
40 hrs/week
$107K (2025)
Former officers (3)
- Former: Timothy McIntyre (2024) — General Manager & CEO - Left
- Former: Tim McIntyre (2019–2023) — General Manager
- Former: Roger Kules (2019–2022) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $162K, to Jeremy T Lindemann (General Manager/CEO). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Lake Region Electric Association Inc
How much does Lake Region Electric Association Inc give each year?
Lake Region Electric Association Inc gave $15K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10K across 1 grant.
How large is Lake Region Electric Association Inc?
Lake Region Electric Association Inc reported $56.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $20.5M.
Where does Lake Region Electric Association Inc operate?
Lake Region Electric Association Inc has awarded grants in South Dakota.
What is Lake Region Electric Association Inc's EIN?
Lake Region Electric Association Inc's EIN (Employer Identification Number) is 46-0156581. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 29, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Lake Region Electric Association Inc's focus areas in our free grants database
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Lake Region Electric Association Inc down — hundreds of funders to go?