Lacreek Electric Association Inc

Martin, SD
Tax-exempt since Oct. 1958
EIN: 46-0218629

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Type of Nonprofit

Designated as a 501(c)(12) 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. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$16.5M (2023)

Expenses

$16M (2023)

Total Assets

$70M (2023)

Total Liabilities

$45.1M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings 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.

Fiscal Year Ending Dec.
2023

Revenue

$16,464,871

Expenses

$15,983,605

Net Income

$481,266

Net Assets

$24,947,956

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$16,007,277	97.2%
Investment Income	$412,286	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$42,058	0.3%
Net Inventory Sales	$3,250	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$411,950	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,896,518	11.9%

Assets/Debt
Total Assets	$70,014,869
Total Liabilities	$45,066,913
Net Assets	$24,947,956

Club or Co-Op Income
Income From Members	$15,357,735
Income From Other Sources	$776,091

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Fanning (General Manager)	$136,763	$0	$67,178
Michael Pisha (Line Superintendent)	$111,261	$0	$44,403
Jesse Byerley (Line Forman)	$101,238	$0	$48,932
Kasi Harris (Finance Manager)	$76,451	$0	$45,129
Marion Schultz (Board Member)	$10,875	$0	$0
Clarence Allen (Board Member)	$8,548	$0	$0
Troy Kuxhaus (Board Member)	$6,908	$0	$0
Wade Risse (President)	$6,850	$0	$0
Thomas Schlack (Treasurer)	$6,584	$0	$0
Gerald Sharp (Board Member)	$6,177	$0	$0
Brent Ireland (Vice President)	$5,877	$0	$0
Cole Lange (Board Member)	$5,877	$0	$0
Donovan Youngman (Board Member)	$5,229	$0	$0
Clifford Lafferty (Board Member)	$4,905	$0	$0
Scott Larson (Secretary)	$4,561	$0	$0
Connie Whirlwind Horse (Board Member)	$4,257	$0	$0
Neal Livermont (Board Member)	$3,589	$0	$0

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990

Filed on June 24, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$16,981,465

Expenses

$16,686,972

Net Income

$294,493

Net Assets

$24,299,640

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$16,734,623	98.5%
Investment Income	$143,539	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$83,520	0.5%
Net Inventory Sales	$19,783	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$423,578	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,782,472	10.7%

Assets/Debt
Total Assets	$67,477,972
Total Liabilities	$43,178,332
Net Assets	$24,299,640

Club or Co-Op Income
Income From Members	$15,916,002
Income From Other Sources	$680,748

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Fanning (General Manager)	$128,911	$0	$82,515
Garrett Metzinger (Lineman)	$109,177	$0	$34,317
Anna Haynes (Finance Manager)	$87,435	$0	$93,873
Marion Schultz (Board Member)	$9,157	$0	$0
Troy Kuxhaus (Board Member)	$8,851	$0	$0
Clarence Allen (Board Member)	$8,546	$0	$0
Tom Schlack (Treasurer)	$6,629	$0	$0
Cole Lange (Board Member)	$6,324	$0	$0
Clifford Lafferty (Board Member)	$5,361	$0	$0
Wade Risse (President)	$4,713	$0	$0
Brent Ireland (Vice President)	$4,398	$0	$0
Connie Whirlwind Horse (Board Member)	$4,398	$0	$0
Gerald Sharp (Board Member)	$4,389	$0	$0
Scott Larson (Secretary)	$4,074	$0	$0
Donovan Young Man (Board Member)	$3,750	$0	$0
Neal Livermont (Board Member)	$3,749	$0	$0

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990

Filed on June 14, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$15,659,452

Expenses

$14,877,034

Net Income

$782,418

Net Assets

$23,693,769

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$592,958	3.8%
Program Services	$14,938,767	95.4%
Investment Income	$105,836	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$18,838	0.1%
Net Inventory Sales	$3,053	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$402,686	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,595,209	10.7%

Assets/Debt
Total Assets	$62,795,363
Total Liabilities	$39,101,594
Net Assets	$23,693,769

Club or Co-Op Income
Income From Members	$14,648,170
Income From Other Sources	$524,101

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Fanning (General Manager)	$127,064	$0	$73,611
Anna Haynes (Finance Manager)	$81,464	$0	$102,246
Marion Schultz (Board Member)	$7,720	$0	$0
Brent Ireland (Secretary)	$6,786	$0	$0
Clarence Allen (President)	$6,443	$0	$0
Tom Schlack (Board Member)	$6,165	$0	$0
Troy Kuxhaus (Treasurer)	$5,536	$0	$0
Wade Risse (Vice President)	$5,194	$0	$0
Clifford Lafferty (Board Member)	$4,925	$0	$0
Scott Larson (Board Member)	$4,897	$0	$0
Donovan Young Man (Board Member)	$4,592	$0	$0
Cole Lange (Board Member)	$4,592	$0	$0
Connie Whirlwind Horse (Board Member)	$3,971	$0	$0
Jerry Sharp (Board Member)	$3,971	$0	$0
Neal Livermont (Board Member)	$3,046	$0	$0

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990

Filed on June 1, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$15,258,355

Expenses

$14,845,371

Net Income

$412,984

Net Assets

$23,420,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,896,802	97.6%
Investment Income	$314,383	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$40,735	0.3%
Net Inventory Sales	$6,435	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$371,982	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,545,030	10.4%

Assets/Debt
Total Assets	$60,412,540
Total Liabilities	$36,992,466
Net Assets	$23,420,074

Club or Co-Op Income
Income From Members	$14,482,092
Income From Other Sources	$727,988

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Fanning (General Manager)	$112,790	$0	$60,584
Anna Haynes (Finance & Benefits Manager)	$79,305	$0	$93,746
Marion Schultz (Board Member)	$7,661	$0	$0
Clarence Allen (President)	$6,161	$0	$0
Scott Larson (Board Member)	$5,383	$0	$0
Troy Kuxhaus (Treasurer)	$5,244	$0	$0
Brent Ireland (Secretary)	$5,189	$0	$0
Wade Risse (Vice President)	$4,744	$0	$0
Tom Schlack (Board Member)	$4,700	$0	$0
Connie Whirlwind Horse (Board Member)	$3,994	$0	$0
Donovan Young Man (Board Member)	$3,939	$0	$0
Jerry Sharp (Board Member)	$3,383	$0	$0
Neal Livermont (Board Member)	$3,383	$0	$0
Clifford Lafferty (Board Member)	$2,883	$0	$0
Cole Lange (Board Member From 07/2020)	$2,439	$0	$0

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990

Filed on May 17, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$15,707,038

Expenses

$15,236,167

Net Income

$470,871

Net Assets

$22,943,490

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$15,299,909	97.4%
Investment Income	$376,151	2.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$23,810	0.2%
Net Inventory Sales	$7,168	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$374,405	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,464,941	9.6%

Assets/Debt
Total Assets	$54,750,256
Total Liabilities	$31,806,766
Net Assets	$22,943,490

Club or Co-Op Income
Income From Members	$14,895,149
Income From Other Sources	$648,114

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Fanning Beg Feb 2019 (General Manager)	$100,292	$0	$40,796
Anna Haynes (Finance & Benefits Manager)	$76,920	$0	$92,287
Derek Sorley Until Feb 2019 (General Manager)	$23,899	$0	$5,081
Clarence Allen (Treas/President (Beg Dec 2019))	$9,000	$0	$0
Marion Schultz (Board Member)	$6,750	$0	$0
Tom Schlack (Board Member)	$6,250	$0	$0
Troy Kuxhaus (Treasurer)	$5,000	$0	$0
Wade Risse (Vice President)	$5,000	$0	$0
Brent Ireland (Secretary)	$4,750	$0	$0
Connie Whirlwind Horse (Board Member)	$4,000	$0	$0
Jerry Sharp (Board Member)	$3,500	$0	$0
Donovan Young Man (Board Member)	$3,250	$0	$0
Scott Larson (Board Member)	$3,250	$0	$0
Melvin Cummings (Board Member)	$3,000	$0	$0
Neal Livermont (Board Member)	$2,250	$0	$0
Orval Dean O'neill (Board Member (Until Oct 2019))	$2,000	$0	$0
Clifford Lafferty Beg Dec 2019 (Board Member)	$750	$0	$0

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990

Filed on June 19, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$15,689,386

Expenses

$15,305,681

Net Income

$383,705

Net Assets

$21,912,930

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$15,391,022	98.1%
Investment Income	$271,698	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,642	0.1%
Net Inventory Sales	$9,024	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$236,039	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,557,784	10.2%

Assets/Debt
Total Assets	$55,310,362
Total Liabilities	$33,397,432
Net Assets	$21,912,930

Club or Co-Op Income
Income From Members	$14,176,975
Income From Other Sources	$590,944

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Derek Sorley (General Manager)	$118,438	$0	$58,233
Marion Schultz (Board Member)	$6,125	$0	$0
Clarence Allen (Treasurer)	$5,915	$0	$0
Tom Schlack (President)	$5,875	$0	$0
Troy Kuxhaus (Secretary)	$5,625	$0	$0
Donovan Young Man (Board Member)	$4,425	$0	$0
Jerry Sharp (Vice President)	$3,675	$0	$0
Wade Risse (Board Member)	$3,450	$0	$0
Orval Dean O'neill (Board Member)	$3,425	$0	$0
Brent Ireland (Board Member)	$3,175	$0	$0
Neal Livermont (Board Member)	$3,125	$0	$0
Melvin Cummings (Board Member)	$2,950	$0	$0
Connie Whirlwind Horse (Board Member)	$2,925	$0	$0
Ellis Rae Hicks Until November 2018 (Board Member)	$1,700	$0	$0

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990

Filed on June 19, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$14,917,108

Expenses

$14,517,396

Net Income

$399,712

Net Assets

$20,518,207

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,595,651	97.8%
Investment Income	$241,671	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$67,384	0.5%
Net Inventory Sales	$12,402	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$220,924	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,601,677	11.0%

Assets/Debt
Total Assets	$49,913,344
Total Liabilities	$29,395,137
Net Assets	$20,518,207

Club or Co-Op Income
Income From Members	$14,173,281
Income From Other Sources	$1,074,693

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Derek Sorley Joined 10317 (General Manager)	$110,411	$0	$53,640
Tom Schlack (President)	$6,275	$0	$0
Clarence Allen (Treasurer)	$5,110	$0	$0
Marion Schultz (Board Member)	$4,925	$0	$0
Wade Risse (Board Member)	$4,475	$0	$0
Troy Kuxhaus (Secretary)	$4,250	$0	$0
Jerry Sharp (Vice President)	$4,025	$0	$0
Brent Ireland (Board Member)	$3,800	$0	$0
Melvin Cummings (Board Member)	$3,575	$0	$0
Connie Whirlwind Horse (Board Member)	$3,575	$0	$0
Orval Dean O'neill (Board Member)	$3,125	$0	$0
Donovan Young Man (Board Member)	$2,900	$0	$0
Ellis Rae Hicks (Board Member)	$2,900	$0	$0
Neal Livermont (Board Member)	$2,675	$0	$0

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990

Filed on June 13, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$14,388,184

Expenses

$14,044,048

Net Income

$344,136

Net Assets

$19,728,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,130,317	98.2%
Investment Income	$246,817	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$347	0.0%
Net Inventory Sales	$10,703	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$239,750	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,349,401	9.6%

Assets/Debt
Total Assets	$48,515,808
Total Liabilities	$28,787,025
Net Assets	$19,728,783

Club or Co-Op Income
Income From Members	$13,244,879
Income From Other Sources	$253,553

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Wayne Sterkel (General Manager)	$120,854	$0	$60,312
Marion Schultz (Director)	$8,225	$0	$0
Troy Kuxhaus (Secretary)	$6,875	$0	$0
Clarence Allen (Treasurer)	$5,300	$0	$0
Donovan Young Man (Director)	$5,075	$0	$0
Tom Schlack (President)	$4,702	$0	$0
Connie Whirlwind Horse (Director)	$3,950	$0	$0
Brent Ireland (Director)	$3,950	$0	$0
Ellis Rae Hicks (Director)	$3,725	$0	$0
Wade Risse (Director)	$3,725	$0	$0
Orval Dean O'neill (Director)	$3,600	$0	$0
Melvin Cummings (Director)	$3,500	$0	$0
Jerry Sharp (Vice President)	$3,275	$0	$0
Aage Jorgensen Left 42016 (Director)	$2,825	$0	$0
Neal Livermont Joined 52016 (Director)	$2,700	$0	$0

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990

Filed on June 28, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$13,267,915

Expenses

$12,945,026

Net Income

$322,889

Net Assets

$18,390,005

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,022,938	98.2%
Investment Income	$220,778	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,057	0.0%
Net Inventory Sales	$18,142	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$214,063	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,380,806	10.7%

Assets/Debt
Total Assets	$45,151,907
Total Liabilities	$26,761,902
Net Assets	$18,390,005

Club or Co-Op Income
Income From Members	$12,719,166
Income From Other Sources	$206,951

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Wayne Sterkel (General Manager)	$113,296	$0	$58,167
Marion Schultz (President)	$4,925	$0	$0
Donovan Young Man (Secretary)	$4,925	$0	$0
Aage Jorgensen (Director)	$4,475	$0	$0
Troy Kuxhaus (Director)	$4,050	$0	$0
Wade Risse (Director)	$4,050	$0	$0
Tom Schlack (Director)	$3,850	$0	$0
Clarence Allen (Director)	$3,575	$0	$0
Jerry Sharp (Director)	$3,125	$0	$0
Connie Whirlwind Horse (Director)	$3,125	$0	$0
Orval Dean O'neill (Treasurer)	$2,900	$0	$0
Melvin Cummings (Director)	$2,900	$0	$0
Ellis Rae Hicks (Vice President)	$2,000	$0	$0
Brent Ireland (Director)	$1,575	$0	$0

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990

Filed on June 29, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$13,546,343

Expenses

$13,363,919

Net Income

$182,424

Net Assets

$17,642,958

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,363,920	98.7%
Investment Income	$152,648	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,508	0.1%
Net Inventory Sales	$12,267	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$218,596	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,442,546	10.8%

Assets/Debt
Total Assets	$42,929,238
Total Liabilities	$25,286,280
Net Assets	$17,642,958

Club or Co-Op Income
Income From Members	$13,427,009
Income From Other Sources	$161,258

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Wayne Sterkel (General Manager)	$109,505	$0	$57,176
Marion Schultz (President)	$7,400	$0	$0
Tom Schlack (Director)	$5,825	$0	$0
Roy Ireland (Director)	$5,375	$0	$0
Melvin Cummings (Director)	$4,925	$0	$0
Troy Kuxhaus (Director)	$4,700	$0	$0
Donovan Young Man (Secretary)	$4,250	$0	$0
Ellis Rae Hicks (Vice President)	$4,025	$0	$0
Orval Dean O'neill (Treasurer)	$3,350	$0	$0
Connie Whirlwind Horse (Director)	$3,125	$0	$0
Jerry Sharp (Director)	$2,900	$0	$0
Wade Risse (Director)	$2,675	$0	$0
Clarence Allen (Director)	$2,450	$0	$0
Aage Jorgensen (Director)	$1,550	$0	$0
Scott Bair (Director (Left During 2014))	$1,350	$0	$0
Harry Livermont (Director (Left During 2014))	$1,350	$0	$0

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990

Filed on July 15, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$13,395,932

Expenses

$13,180,348

Net Income

$215,584

Net Assets

$16,888,380

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,257,543	99.0%
Investment Income	$124,927	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,860	0.0%
Net Inventory Sales	$9,602	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$205,764	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,438,124	10.9%

Assets/Debt
Total Assets	$41,228,547
Total Liabilities	$24,340,167
Net Assets	$16,888,380

Club or Co-Op Income
Income From Members	$13,367,963
Income From Other Sources	$99,824

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Wayne Sterkel (General Manager)	$109,667	$0	$56,806
Tom Schlack (Director)	$4,875	$0	$0
Marion Schultz (President)	$4,150	$0	$0
Melvin Cummings (Director)	$3,325	$0	$0
Jerry Sharp (Director)	$2,750	$0	$0
Connie Whirlwind Horse (Director)	$2,725	$0	$0
Orvan Dean O'neill (Treasurer)	$2,575	$0	$0
Ellis Rae Hicks (Director)	$2,575	$0	$0
Harry Livermont (Vice President)	$2,525	$0	$0
Scott Bair (Director)	$2,375	$0	$0
Roy Ireland (Director)	$2,325	$0	$0
Donovan Young Man (Secretary)	$2,125	$0	$0
Wade Risse (Director)	$1,575	$0	$0
James Buckles (Director)	$1,100	$0	$0
Troy Kuxhaus (Director)	$1,025	$0	$0
Leroy Guptill (Director)	$950	$0	$0

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990

Filed on June 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$12,448,289

Expenses

$12,233,943

Net Income

$214,346

Net Assets

$15,908,657

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,287,286	98.7%
Investment Income	$124,763	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,748	0.1%
Net Inventory Sales	$18,492	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$190,092	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,349,016	11.0%

Assets/Debt
Total Assets	$40,866,388
Total Liabilities	$24,957,731
Net Assets	$15,908,657

Club or Co-Op Income
Income From Members	$11,903,414
Income From Other Sources	$174,722

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$11,286,610

Expenses

$11,107,059

Net Income

$179,551

Net Assets

$15,106,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$11,141,529	98.7%
Investment Income	$121,248	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$13,212	0.1%
Net Inventory Sales	$10,621	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$189,953	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,330,621	12.0%

Assets/Debt
Total Assets	$39,367,096
Total Liabilities	$24,260,187
Net Assets	$15,106,909

Club or Co-Op Income
Income From Members	$10,800,906
Income From Other Sources	$201,850

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 »

Get the Data

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.

API

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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Lacreek Electric Association Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $16.5M (2023)

Expenses $16M (2023)

Total Assets $70M (2023)

Total Liabilities $45.1M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$16.5M (2023)

Expenses

$16M (2023)

Total Assets

$70M (2023)

Total Liabilities

$45.1M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

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2019

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2018

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