LYON-LINCOLN ELECTRIC COOPERATIVE

EIN: 410387084

TYLER, MN

Total Revenue
$13,175,699
Total Expenses
$13,175,699
Total Assets
$45,409,372
Net Assets
$17,944,791
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
MN
Principal Officer
TIMOTHY O'LEARY
Phone
5072475505
Tax Period
2025-01-01 to 2025-12-31

LYON-LINCOLN ELECTRIC COOPERATIVE, founded in 1939, is a mid-sized nonprofit that reported $13.2M in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE RELIABLE ELECTRICITY AND OTHER NEEDED SERVICES TO ENHANCE THE QUALITY OF LIFE IN OUR RURAL COMMUNITIES.

Program Service Accomplishments

Program 1

PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 3,954 METERS WITH 1,669 MILES OF LINE SERVICED, 27.66 MILES ADDED, AND 28.57 MILES REMOVED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,086,336
Investment Income $88,660
Other Revenue $703
TOTAL REVENUE $13,175,699

Expense Breakdown

Grants Paid $3,667
Salaries & Benefits $2,209,859
Fundraising Expenses $0
Other Expenses $9,855,028
TOTAL EXPENSES $13,175,699

Year-over-Year Comparison

2025 2024 Change
Revenue $13,175,699 $11,963,751 +0.1%
Expenses $13,175,699 $11,963,751 +0.1%
Net Income $0 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
16
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$522,361
Total Directors
9
$54,600
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE FIER PRESIDENT 4.00
Officer Director
$7,325 $0 $7,325
SCOTT JOHNSON VICE PRESIDENT 2.00
Officer Director
$4,050 $0 $4,050
KATHLEEN SCHREURS SECRETARY & TREASURER 3.00
Officer Director
$7,325 $0 $7,325
JARED DRITZ DIRECTOR 2.00
Director
$3,950 $0 $3,950
GALEN GRANT DIRECTOR 5.00
Director
$5,750 $0 $5,750
MARY GUNNINK DIRECTOR 3.00
Director
$5,100 $0 $5,100
MIKE LONGTIN DIRECTOR 5.00
Director
$6,275 $0 $6,275
JAMES A ROKEH DIRECTOR 7.00
Director
$9,250 $0 $9,250
JOEL BUYCK DIRECTOR 2.00
Director
$5,575 $0 $5,575
TIMOTHY O'LEARY GENERAL MANAGER 40.00
Officer
$216,162 $141,320 $357,482
KRISTI JENSEN FINANCE MANAGER 40.00
Officer
$131,173 $15,006 $146,179
LYLE LAMOTE LINE SUPERINTENDENT 40.00
Highest
$121,164 $28,525 $149,689
WADE THOOFT OPERATIONS ASSISTANT 40.00
Highest
$112,545 $75,397 $187,942
TRENT SKJEFTE JOURNEYMAN LINEMAN 40.00
Highest
$102,104 $28,481 $130,585
SAM ROHDE JOURNEYMAN LINEMAN 40.00
Highest
$105,129 $19,167 $124,296
BRIAN JEREMIASON MANAGER OF MARKETING & EXTERNAL RELATIONS 40.00
Highest
$101,928 $57,009 $158,937
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,175,699 $13,175,699 $45,409,372 No data
2024 $11,963,751 $11,963,751 $43,497,391 No data
2023 $11,756,903 $11,756,903 $42,853,772 No data
2022 $11,637,719 $11,637,719 $38,959,795 No data
2021 $10,989,124 $10,989,124 $38,532,722 No data
2020 $11,183,295 $11,183,295 $36,449,371 No data
2019 $11,597,304 $11,597,304 $35,659,009 No data
2018 $12,296,959 $12,296,959 $33,191,060 No data
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