This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $59,514,606 | $57,663,270 | $126,846 | $155,620,345 | $71,017,443 |
| FY2023 | 990 | $57,227,491 | $56,773,094 | $135,679 | $151,594,900 | $69,158,633 |
| FY2022 | 990 | $56,475,666 | $56,200,321 | $0 | $146,470,686 | $67,409,012 |
| FY2021 | 990 | $56,997,078 | $55,395,963 | $0 | $144,282,112 | $66,154,918 |
| FY2020 | 990 | $56,807,518 | $53,918,082 | $0 | $143,775,953 | $62,720,810 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| LAKE REGION ELECTRIC TRUSTPELICAN RAPIDS, MN | CONTRIBUTION OF UNCLAIMED CAPITAL CREDITS | $132,997 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlie Blixt | DIRECTOR | 2.80 | $12,120 |
| Michael Brasel | DIRECTOR | 1.70 | $9,580 |
| Jim Gronbeck | DIRECTOR | 3.80 | $13,760 |
| Cecil Hensel | SECRETARY/TREASURER |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| LAKE REGION ELECTRIC TRUSTPELICAN RAPIDS, MN |
| CONTRIBUTION OF UNCLAIMED CAPITAL CREDITS |
| $126,846 |
| 2024 |
| 2.90 |
| $14,280 |
| Thomas Jennen | CHAIRMAN | 2.20 | $14,700 |
| Kurt Krueger | VICE CHAIR | 3.40 | $15,640 |
| Patrick Meyers | DIRECTOR | 2.10 | $9,540 |
| Gary Olson | DIRECTOR | 2.50 | $11,080 |
| Earl Rydell | DIRECTOR (TERMED 4/25/24) | 2.20 | $4,130 |
| Lee Mindemann | DIRECTOR (JOINED 4/25/24) | 5.00 | $10,830 |
| Tim Thompson | CEO | 45.00 | $345,442 |
| Amanda Fuller | VICE PRESIDENT OF FINANCE/CFO | 45.00 | $161,241 |
| Al Fazio | VICE PRESIDENT OF ENGINEERING/OPERATINGS | 45.00 | $174,327 |
| Dylan Aafedt | VICE PRESIDENT OF BUSINESS SOLUTIONS | 45.00 | $165,539 |
| Phillip Bollingberg | JOURNEYMAN LINEWORKER | 50.20 | $141,002 |
| Donald Hanson | LEAD JOURNEYMAN LINEWORKER | 48.00 | $140,764 |
| Erik Olson | JOURNEYMAN LINEWORKER | 49.80 | $138,720 |
| Kyle Jensen | LEAD JOURNEYMAN LINEWORKER | 47.10 | $138,079 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202412779349301246
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202322589349301887
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202212789349300306
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202132789349301368
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202032449349300738
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201902779349301500
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201802639349301215
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201712489349300556
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.