2024-10-11T08:38:05-05:00 2023-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 14296 GRAND FORKS ND 582084296 990EZ 2023-01-01 205114301 LAKE REGION ELECTRIC TRUST LAKE 2188631171 PO BOX 643 PELICAN RAPIDS MN 56572 PATTY JOHNSON BOARD CHAIR 2188631171 2024-10-01 1 1 MATT LAUGHLIN P00014168 7017754685 2024-10-01 2023 2024-10-15 13:58:12Z X WWW.LREC.COOP X X 141777 X 141777 141777 111900 998 212 113110 28667 197263 6175 232105 X 202813 231477 625 628 203438 232105 6175 0 197263 232105 X THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND OTHER PURPOSES AS SPECIFIED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FEDERAL TAX CODE. THE GENERAL PURPOSE OF THIS CORPORATION SHALL BE TO ADVANCE, PROMOTE, ENHANCE, AND ENGAGE IN CHARITABLE AND EDUCATIONAL PURPOSES, PRIMARILY IN THE AREA SERVED BY LAKE REGION ELECTRIC COOPERATIVE, PELICAN RAPIDS, MINNESOTA, WHICH WILL INCLUDE:THE ACCUMULATION AND DISBURSEMENTS OF FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING EMERGENCY ENERGY ASSISTANCE. TO CARRY ON ANY AND ALL ACTIVITIES PERMITTED TO BE CARRIED ON BY A NON-PROFIT CORPORATION UNDER THE STATE LAWS OF MINNESOTA AND THE FEDERAL LAWS OF THE UNITED STATES. TO MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. 111900 111900 111900 DENISE LAYMON TRUSTEE 0.90 0 0 0 KRISTIE PARTAIN TRUSTEE 0.90 0 0 0 TEX LARSON TRUSTEE 0.90 0 0 0 NICK MURDOCK TRUSTEE 0.90 0 0 0 KAREN HART TRUSTEE 0.90 0 0 0 PATTY JOHNSON CHAIR 0.90 0 0 0 DON DAVENPORT VICE CHAIR 0.90 0 0 0 POLLY REITAN TREASURER 0.90 0 0 0 RUTH VETTER SECRETARY 0.90 0 0 0 AMANDA FULLER EXECUTIVE DIRECTOR (STARTED 9/23) 0.90 0 0 0 TIFFINI DANKERT RECORDING SECRETARY 0.90 0 0 0 THERESA HALVERSON EXECUTIVE DIRECTOR (THRU 9/23) 0.90 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MN AMANDA FULLER 1401 S BROADWAY PELICAN RAPIDS MN 56572 2188631171 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 8589 126277 122024 118905 141777 517572 8589 126277 122024 118905 141777 517572 463818 53754 517572 0.10390 0.99240 X LAKE REGION ELECTRIC COOPERATIVE, AN EXCESS CONTRIBUTOR, REMITS UNCLAIMED CAPITAL CREDITS TO LAKE REGION ELECTRIC TRUST. THESE AMOUNTS ARE CAPITAL CREDIT RETIREMENTS THAT ARE NOT CASHED BY THE COOPERATIVE MEMBERSHIP AND, UPON EXPIRATION, BECOME PROPERTY OF THE COOPERATIVE. THE COOPERATIVE IS REQUIRED TO PAY THESE UNCLAIMED CAPITAL CREDITS TO A CHARITABLE ORGANZIATION. AS THE UNCLAIMED CAPITAL CREDITS ARE SOURCED FROM THE BROAD PUBLIC, THE ORGANIZATION QUALIFIES AS A PUBLIC CHARITY UNDER THE FACTS AND CIRCUMSTANCES TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: CHARITABLE GIVINGS. GRANTEE NAME: HUMANE SOCIETY OF OTTER TAIL COUNTY. GRANTEE ADDRESS: 1933 W FIR AVE FERGUS FALLS, MN 56537. AMOUNT GIVEN: 10,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 25. DESCRIPTION: TRAVEL. AMOUNT: 187. TOTAL TO FORM 990-EZ, LINE 16: 212. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 6,175. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: CONTRIBUTIONS RECEIVABLE. BEG. OF YEAR AMOUNT: 625. END OF YEAR AMOUNT: 628. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: LIABILITIES. BEG. OF YEAR AMOUNT: 6,175. END OF YEAR AMOUNT: 0. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.