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Lyon Rural Electric Cooperative

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Summary charts: organization finances over time

Revenue
$13.2M (2022)

Expenses
$13.2M (2022)

Total Assets
$28.3M (2022)

Total Liabilities
$15.6M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,182,606
Expenses
$13,182,536
Net Income
$70
Net Assets
$12,761,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,152,949
92.2%
Investment Income $36,244
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,138
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $33,163
0.3%
Other Revenue $958,112
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $343,069
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,323,833
Total Liabilities $15,562,641
Net Assets $12,761,192
Club or Co-Op Income
Income From Members $12,347,331
Income From Other Sources $997,255
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $147,440 $0 $137,084
David De Boer (Secretary) $7,850 $0 $5
Randy Roemen (President) $7,800 $0 $5
David Griesse (Director) $7,600 $0 $5
Damon Pedersen (Director) $6,350 $0 $5
Nolan Kooiker (Director) $5,850 $0 $5
Jesse Roemen (Director) $5,650 $0 $5
David Huff (Vice President) $5,600 $0 $5
Rodney Mogler (Treasurer) $4,600 $0 $5
Allen Poppens (Director) $3,650 $0 $0
Randy Mckenney (Director Part Year) $3,550 $0 $5

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,328,627
Expenses
$11,328,627
Net Income
$0
Net Assets
$11,766,585
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,835,511
95.6%
Investment Income $32,427
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $20,100
0.2%
Other Revenue $437,738
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,298
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,507,714
Total Liabilities $14,741,129
Net Assets $11,766,585
Club or Co-Op Income
Income From Members $10,986,659
Income From Other Sources $486,920
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $147,119 $0 $38,579
Randy Mckenney (President) $7,450 $0 $0
Randy Roemen (Vice President) $6,350 $0 $0
David De Boer (Secretary) $6,300 $0 $0
David Griesse (Director) $6,100 $0 $0
David Huff (Director) $5,850 $0 $0
Nolan Kooiker (Director) $4,850 $0 $0
Rodney Mogler (Treasurer) $4,600 $0 $0
Damon Pedersen (Director) $4,100 $0 $0
Jesse Roemen (Director) $3,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,851,270
Expenses
$10,850,733
Net Income
$537
Net Assets
$11,479,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,666,373
98.3%
Investment Income $33,392
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,377
0.0%
Other Revenue $144,277
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $227,741
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,245,761
Total Liabilities $13,766,093
Net Assets $11,479,668
Club or Co-Op Income
Income From Members $10,949,876
Income From Other Sources $149,065
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $138,351 $0 $46,353
David Huff (Director) $5,550 $0 $27
David De Boer (Secretary) $5,325 $0 $27
Randy Roemen (Vice President) $5,100 $0 $27
Nolan Kooiker (Director) $4,875 $0 $27
Jesse Roemen (Director) $4,875 $0 $27
Randy Mckenney (President) $4,565 $0 $27
Rodney Mogler (Treasurer) $3,300 $0 $27
Mark Wibben (Director Part Year) $2,375 $0 $27
Damon Peterson (Director) $2,375 $0 $27
Mark Dickmann (Director Part Year) $2,275 $0 $27
David Griesse (Director) $2,125 $0 $27

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,479,589
Expenses
$11,479,413
Net Income
$176
Net Assets
$11,507,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,977,711
95.6%
Investment Income $34,663
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $7,800
0.1%
Net Inventory Sales $26,977
0.2%
Other Revenue $429,587
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $214,458
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,569,527
Total Liabilities $13,061,939
Net Assets $11,507,588
Club or Co-Op Income
Income From Members $11,129,929
Income From Other Sources $464,105
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $132,304 $0 $30,894
Randy Mckenney (Director) $7,215 $0 $0
Mark Wibben (President) $7,005 $0 $0
Randy Roemen (Vice President) $6,990 $0 $0
David Huff (Director) $5,865 $0 $0
David De Boer (Director) $5,715 $0 $0
Nolan Kooiker (Director) $5,190 $0 $0
Rodney Mogler (Treasurer) $4,965 $0 $0
Mark Dickmann (Secretary) $4,965 $0 $0
Jesse Roemen (Director) $3,350 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,617,027
Expenses
$11,147,805
Net Income
$469,222
Net Assets
$11,445,546
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,014,183
94.8%
Investment Income $34,379
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets -$3,000
Net Inventory Sales $19,568
0.2%
Other Revenue $549,046
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $221,236
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,949,596
Total Liabilities $12,504,050
Net Assets $11,445,546
Club or Co-Op Income
Income From Members $11,171,909
Income From Other Sources $589,314
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $127,253 $0 $44,703
Mark Wibben (President) $7,040 $0 $0
David Huff (Director) $7,040 $0 $0
David De Boer (Director) $6,600 $0 $0
Randy Roemen (Vice President) $5,280 $0 $0
Mark Dickmann (Secretary) $5,020 $0 $0
Randy Mckenney (Director) $4,400 $0 $0
Nolan Kooiker (Director) $3,980 $0 $0
Rodney Mogler (Treasurer) $3,840 $0 $0
Jesse Roemen (Director) $3,180 $0 $0
Bruce Bonander (Director Part Year) $2,060 $0 $0
Dale Klinkenborg (Director Part Year) $840 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,430,517
Expenses
$10,980,258
Net Income
$450,259
Net Assets
$10,722,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,861,330
95.0%
Investment Income $31,091
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$25,322
Other Revenue $560,567
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $219,741
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,627,056
Total Liabilities $11,904,562
Net Assets $10,722,494
Club or Co-Op Income
Income From Members $10,960,176
Income From Other Sources $617,542
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $121,370 $0 $46,811
Mark Wibben (Secretary) $6,840 $0 $0
Randy Roemen (Vice President) $6,480 $0 $0
Bruce Bonander (Treasurer) $6,240 $0 $0
David De Boer (Director) $6,240 $0 $0
Randy Mckenney (President) $5,840 $0 $0
David Huff (Director) $5,840 $0 $0
Rodney Mogler (Director) $5,640 $0 $0
Mark Dickmann (Director) $4,640 $0 $0
Dale Klinkenborg (Director) $3,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,067,931
Expenses
$10,500,409
Net Income
$567,522
Net Assets
$10,128,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,427,784
94.2%
Investment Income $31,986
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $7,000
0.1%
Net Inventory Sales -$28,860
Other Revenue $627,170
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $196,220
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,353,272
Total Liabilities $11,224,934
Net Assets $10,128,338
Club or Co-Op Income
Income From Members $10,554,804
Income From Other Sources $664,745
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $117,591 $0 $30,069
Mark Wibben (Secretary) $7,240 $0 $0
David Huff (Director) $7,040 $0 $0
Randy Mckenney (President) $6,060 $0 $0
David De Boer (Director) $5,640 $0 $0
Bruce Bonander (Treasurer) $5,020 $0 $0
Randy Roemen (Vice President) $4,660 $0 $0
Mark Dickmann (Director) $4,440 $0 $0
Rodney Mogler (Director) $4,240 $0 $0
Dale Klinkenborg (Director) $4,220 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,610,994
Expenses
$9,322,096
Net Income
$288,898
Net Assets
$9,577,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,134,081
95.0%
Investment Income $30,043
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$7,458
Other Revenue $451,477
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $206,070
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,183,549
Total Liabilities $10,605,695
Net Assets $9,577,854
Club or Co-Op Income
Income From Members $9,246,568
Income From Other Sources $512,667
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $114,407 $0 $43,703
Randy Mckenney (President) $6,840 $0 $0
Mark Wibben (Secretary) $6,840 $0 $0
Randy Roemen (Vice President) $6,240 $0 $0
David De Boer (Director) $6,240 $0 $0
Dale Klinkenborg (Director) $4,880 $0 $0
David Huff (Director) $4,600 $0 $0
Bruce Bonander (Treasurer) $4,440 $0 $0
Rodney Mogler (Director) $4,020 $0 $0
Mark Dickmann (Director) $3,420 $0 $0
James Rypkema (Vice President) $440 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,709,937
Expenses
$9,504,634
Net Income
$205,303
Net Assets
$9,125,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,353,066
96.3%
Investment Income $36,973
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,024
0.0%
Other Revenue $314,023
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $176,945
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,985,543
Total Liabilities $9,859,994
Net Assets $9,125,549
Club or Co-Op Income
Income From Members $9,477,204
Income From Other Sources $369,478
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $105,831 $0 $25,660
Dale Klinkenborg (President) $6,480 $0 $6
Mark Wibben (Secretary) $6,440 $0 $6
David De Boer (Director) $5,640 $0 $6
Bruce Bonander (Treasurer) $5,440 $0 $6
Randy Mckenney (Director) $5,040 $0 $6
James Rypkema (Vice President) $4,840 $0 $6
Randy Roemen (Director) $4,840 $0 $6
Mark Dickmann (Director) $3,440 $0 $6
Rodney Mogler (Director) $3,240 $0 $6

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,606,551
Expenses
$9,483,961
Net Income
$122,590
Net Assets
$8,865,415
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,178,498
95.5%
Investment Income $42,288
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,045
0.0%
Other Revenue $379,869
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $187,495
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,676,762
Total Liabilities $9,811,347
Net Assets $8,865,415
Club or Co-Op Income
Income From Members $9,288,609
Income From Other Sources $444,570
Compensation
Key Employees and Officers Compensation Related Other
Ross Loomans (General Manager) $104,978 $0 $40,297
Dale Klinkenborg (President) $6,280 $0 $0
Randy Mckenney (Director) $5,440 $0 $0
Mark Wibben (Secretary Part Year) $5,240 $0 $0
Randy Roemen (Director) $5,040 $0 $0
Bruce Bonander (Treasurer) $4,840 $0 $0
James Rypkema (Vice President) $4,640 $0 $0
Mark Dickmann (Director) $3,440 $0 $0
Rodney Mogler (Director) $3,400 $0 $0
David De Boer (Director) $3,000 $0 $0
Alan Hilbrands (Secretary Part Year) $0 $0 $460
Allen Blauwet (Director) $0 $0 $440

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,014,919
Expenses
$8,687,956
Net Income
$326,963
Net Assets
$8,571,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,584,910
95.2%
Investment Income $41,255
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets $20
0.0%
Net Inventory Sales $11,011
0.1%
Other Revenue $374,872
4.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $197,184
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,002,803
Total Liabilities $9,431,237
Net Assets $8,571,566
Club or Co-Op Income
Income From Members $8,716,222
Income From Other Sources $422,662

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,218,777
Expenses
$7,849,774
Net Income
$369,003
Net Assets
$8,078,418
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,769,310
94.5%
Investment Income $42,622
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,851
0.0%
Net Fundraising $0
Sales of Assets -$6,952
Net Inventory Sales $5,577
0.1%
Other Revenue $405,369
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $168,323
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,916,220
Total Liabilities $8,837,802
Net Assets $8,078,418
Club or Co-Op Income
Income From Members $7,905,674
Income From Other Sources $450,664

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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