Iowa Lakes Electric Cooperative

Estherville, Iowa

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.84×
Peer Median11.38×
💰
$73.8M
Total Revenue
📊
$67.9M
Total Expenses
🏦
$124.8M
Net Assets
📋
$54.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.8%
Year-over-year change (2022 → 2023)
Net Margin
+8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.84
Net assets divided by total expenses
Liabilities-to-Assets
30.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$73,826,4211%$67,867,720$179,052,1482%
2022$73,260,9407%$67,916,3753%$175,789,6735%
2021$68,291,8224%$65,777,8364%$167,443,125
2020$65,953,60810%$63,418,4339%$166,721,612
2019$73,512,8214%$69,869,3102%$165,969,740
2018$76,355,3548%$68,602,4353%$165,950,0835%
2017$70,735,3221%$66,763,2433%$158,491,8073%
2016$71,289,5789%$64,959,8907%$153,440,9493%
2015$65,605,9774%$60,671,8633%$148,252,7091%
2014$68,012,0182%$62,780,4522%$146,816,4512%
2013$66,701,04510%$61,516,11310%$143,261,8465%
2012$60,667,3303%$56,006,5494%$136,566,8302%
2011$58,781,676$53,746,039$134,452,696

Frequently Asked Questions

What does Iowa Lakes Electric Cooperative do?

Iowa Lakes Electric Cooperative is a public & societal benefit nonprofit organization based in Iowa. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iowa Lakes Electric Cooperative financially healthy?

Based on our 9-metric Financial Health Score model, Iowa Lakes Electric Cooperative has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Iowa Lakes Electric Cooperative generate?

Iowa Lakes Electric Cooperative reports $74.7M in annual revenue and holds $182.9M in total assets, based on IRS filings.

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