Iowa Lakes Electric Cooperative
Revenue
$74.7m
year to 31 December 2024
Expenses
$71m
year to 31 December 2024
Total assets
$182.9m
$52.8m liabilities
Net assets
$130.1m
assets less liabilities
Directors and trustees
15
7.5y av
Staff
66
employees, year to 31 December 2024
Chair observed
≥6 yrs
Daniel Winterhof
Left since last filing
0
no seats appear to have opened
Iowa Lakes Electric Cooperative's network
15 people6 organisationsi15 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (15). Violet dotted lines (7) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
15 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Daniel Winterhof Chair | Chair | 2018 | 8 yrs |
| Alan Madden | Director | 2018 | 8 yrs |
| Ben Ashland | Director | 2023 | 3 yrs |
| Bruce Amundson | Director | 2018 | 8 yrs |
| Chad Boysen | Vice Chair | 2018 | 8 yrs |
| Craig Deim | Director | 2021 | 5 yrs |
| Crystal Pluth | Treasurer | 2018 | 8 yrs |
| David Friedrich | Director | 2018 | 8 yrs |
| Gary Rouse | Director | 2018 | 8 yrs |
| Jerry Beck | Director | 2018 | 8 yrs |
| Mark Tuttle | Director | 2018 | 8 yrs |
| Neal Heldt | Director | 2018 | 8 yrs |
| Nick Kerns | Director | 2024 | 2 yrs |
| Roger Williamson | Director | 2018 | 8 yrs |
| Trent Will | Company secretary | 2018 | 8 yrs |
Officers and senior leadership
16 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Aaron Ruschy | VP of Operations & Engineering | since 2018 |
| Alden Zeitz | MGR of Renewable Energy | since 2018 |
| Brian Scott | Superintendent of Field Operations | since 2018 |
| Doug DAU | Manager of It | since 2018 |
| JED Skogerboe | MGR of Business & Community Dev | since 2019 |
| Jennifer Sievert | VP of Customer & Corp Relations | since 2021 |
| Jeremy Nelson | Manager of Engineering | 2024 |
| Kristin Hanson | Manager of HR | since 2022 |
| Mike Kummer | Line Foreman | since 2020 |
| PAM Caboth | VP of Administrative Services | since 2018 |
| Rick Olesen | President/CEO- Part Year | since 2018 |
| Ryan Craig | President/CEO | since 2023 |
| September DAU | Sr VP of Finance | since 2018 |
| Shelly Tredway | VP of Finance/CFO | since 2019 |
| TIM McCollough | President/CEO | since 2022 |
| Tresa Hussong | VP of Customer & Corporate | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Ryan Craig | President/CEO | 55 | $268k | $47k | |
| Aaron Ruschy | VP of Operations & Engineering | 48 | $198k | $99k | |
| Jennifer Sievert | VP of Customer & Corp Relations | 48 | $183k | $69k | |
| Shelly Tredway | VP of Finance/CFO | 48 | $182k | $123k | |
| Brian Scott | Superintendent of Field Operations | 48 | $128k | $66k | |
| Alden Zeitz | Manager of Renewable Energy Services | 48 | $128k | $66k | |
| Jeremy Nelson | Manager of Engineering | 48 | $125k | $38k | |
| Kristin Hanson | Manager of HR | 48 | $121k | $46k | |
| Jed Skogerboe | Manager of Business and Community Development | 48 | $119k | $50k | |
| Daniel Winterhof | Chair | 6 | $14k | ||
| David Friedrich | Director | 5 | $12k | ||
| Crystal Pluth | Treasurer | 5 | $12k | ||
| Mark Tuttle | Director | 7 | $11k | ||
| Chad Boysen | Vice Chair | 4 | $11k | ||
| Trent Will | Secretary | 6 | $11k | ||
| Ben Ashland | Director | 5 | $10k | ||
| Alan Madden | Director | 7 | $10k | ||
| Gary Rouse | Director | 4 | $9k | ||
| Craig Deim | Director | 5 | $9k | ||
| Roger Williamson | Director | 5 | $9k | ||
| Nick Kerns | Director | 5 | $8k | ||
| Bruce Amundson | Director | 4 | $7k | ||
| Jerry Beck | Director | 4 | $7k | ||
| Neal Heldt | Director | 7 | $5k |
About
- Legal name
- Iowa Lakes Electric Cooperative
- EIN
- 421259366
- Address
- 702 S 1st St, Estherville, IA, 51334-2522
- State
- Iowa
- Mission
- To provide electric utility services to members of the cooperative. (as filed on the Form 990)
- Activity (NTEE)
- W80 Public and societal benefit
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1986
- Principal officer
- Ryan Craig (as named on the Form 990)
- IRS ruling date
- 1 May 1986
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsDaniel Winterhof
≥8years on the filingsAlan Madden
≥8years on the filingsBruce Amundson
≥8years on the filingsChad Boysen
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $182.9m
- Total liabilities
- $52.8m
- Net assets or fund balances
- $130.1m
- Contributions and grants received
- $0
- Program service revenue
- $69.1m
- Employees
- 66
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $74.7m | $71m | $3.8m |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Iowa Lakes Electric Cooperative likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Iowa Secretary of State, active business entities (data.iowa.gov ez5t-3qay). Licence: CC BY 4.0. Attribution: Iowa Secretary of State. Data last fetched 18 October 2026.
- State
- Iowa
- Entity type
- Co-Op Non Stock
- Status
- Active
- Formed
- 1 January 1986
- Registered agent
- Ryan Craig (city and state not held)