LAKE REGION ELECTRIC COOPERATIVE INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: LAKE REGION ELECTRIC COOPERATIVE INC (EIN 73-0579543)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-13
IRS object ID: 201313179349305146
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T16:53:32-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRISCOE BURKE & GRIGSBY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	4120 EAST 51ST STREET SUITE 100	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	741353633	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	730579543	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LAKE REGION ELECTRIC COOPERATIVE	BusinessNameLine1
Business Name Line2	INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	LAKE	NameControl
Phone	9187722526	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 127	AddressLine1
City	HULBERT	City
State	OK	State
ZIP Code	744410127	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	HAMID VAHDATIPOUR	Name
Title	CEO	Title
Phone	9187722526	Phone
Date Signed	2013-10-29	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SEAN B DUNAHAY CPA	Name
Phone	9187498337	Phone
Date Prepared	2013-10-29	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	37632792	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.LRECOK.COOP	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1949	YearFormation
State Legal Domicile	OK	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	76	TotalNbrEmployees
Total Gross UBI	31544	TotalGrossUBI
Net Unrelated Business Txbl Income	-62317	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	37575975	ProgramServiceRevenuePriorYear
Program Service Revenue CY	36381843	ProgramServiceRevenueCY
Investment Income Prior Year	391045	InvestmentIncomePriorYear
Investment Income Current Year	351666	InvestmentIncomeCurrentYear
Other Revenue Prior Year	558968	OtherRevenuePriorYear
Other Revenue Current Year	360005	OtherRevenueCurrentYear
Total Revenue Prior Year	38525988	TotalRevenuePriorYear
Total Revenue Current Year	37093514	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	1204682	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	2840894	BenefitsPaidToMembersCY
Salaries Etc Prior Year	635461	SalariesEtcPriorYear
Salaries Etc Current Year	621216	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	36268948	OtherExpensePriorYear
Other Expenses Current Year	34811385	OtherExpensesCurrentYear
Total Expenses Prior Year	38109091	TotalExpensesPriorYear
Total Expenses Current Year	38273495	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	416897	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-1179981	RevenuesLessExpensesCY
Total Assets BOY	79981107	TotalAssetsBOY
Total Assets EOY	82453189	TotalAssetsEOY
Total Liabilities BOY	36873678	TotalLiabilitiesBOY
Total Liabilities EOY	38999759	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	43107429	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	43453430	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PROVIDED ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	76	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Gross Income From Members	36381843	GrossIncomeFromMembers
Gross Income Other Sources	711671	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	LAKE REGION ELECTRIC COOPERATIVE	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	9187722526	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 127	AddressLine1
City	HULBERT	City
State	OK	State
ZIP Code	744410127	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
BOBBY MAYFIELD
VICE-PRESIDE	1.00	X	33328	0	0
JAMES MANES
DIRECTOR	1.00	X	32928	0	0
LYNN LAMONS
DIRECTOR	1.00	X	32128	0	0
JACK TEAGUE
ASSISTANT SE	1.00	X	31728	0	0
GARY COOPER
PRESIDENT	1.00	X	31328	0	0
RANDALL SHANKLE
DIRECTOR	1.00	X	30928	0	0
JAMES LOFTIN
SECRETARY-TR	1.00	X	28528	0	0
HAMID VAHDATIPOUR
CEO	1.00		166660	0	125234	X
BEN MCCOLLUM
DIR FINANCE	1.00		83783	0	24643	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	471339	TotalReportableCompFromOrg
Total Other Compensation	149877	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
NORTHEAST RURAL SERVICES
PO BOX 399	VINITA	OK	74301	ELECTRONIC EQUI	1034143
ASPLUNDH TREE EXPERT
PO BOX 827464	PHILADELPHIA	PA	19182	TREE TRIMMING	496010
MIDWESTERN ELECTRICAL CONTRACTORS
3320 SE 156TH AVE	NORMAN	OK	73026	ELECTRIC UTILIT	320958

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	SALES OF ELECTRICITY	Description
Total Revenue Column	36381843	TotalRevenueColumn
Related Or Exempt Function Income	36381843	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	36381843	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	339673	TotalRevenueColumn
Exclusion	$339,673	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	266487	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	266487	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	266487	TotalRevenueColumn
Exclusion	$266,487	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	11993	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	11993	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	11993	TotalRevenueColumn
Exclusion	$11,993	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	601941	GrossSalesOfInventory
Cost Of Goods Sold	539278	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	62663	TotalRevenueColumn
Unrelated Business Revenue	31544	UnrelatedBusinessRevenue
Exclusion	$31,119	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER NON-OPERATING INCOME	Description
Total Revenue Column	30855	TotalRevenueColumn
Exclusion	$30,855	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	30855	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	37093514	TotalRevenueColumn
Related Or Exempt Function Income	36381843	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	31544	UnrelatedBusinessRevenue
Exclusion	$680,127	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	2840894	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	621216	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	1354935	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2275165	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
COST OF POWER	22932749
TRANSMISSION & DISTRIBUTI	4238600
GENERAL & ADMINISTRATIVE	1723595
CONSUMER EXPENSE	1553850

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	732491	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	38273495	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	303925	BOY
EOY	638386	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3612216	BOY
EOY	2788091	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	666122	BOY
EOY	1189163	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	196641	BOY
EOY	191228	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	89461151	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	27974961	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	60124276	BOY
EOY	61486190	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	15077927	BOY
EOY	16160131	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	79981107	BOY
EOY	82453189	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	6935942	BOY
EOY	9035901	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	25485774	BOY
EOY	23737157	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4451962	BOY
EOY	6226701	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	36873678	BOY
EOY	38999759	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	95500	BOY
EOY	95795	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	546136	BOY
EOY	-909649	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	42465793	BOY
EOY	44267284	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	43107429	BOY
EOY	43453430	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	79981107	BOY
EOY	82453189	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-1179981	ReconcilationRevenueExpenses
Reconcilation Other Changes	1525982	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	76303	OtherCostOrOtherBasis
Book Value	76303	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	89384848	OtherCostOrOtherBasis
Depreciation	27974961	Depreciation
Book Value	61409887	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	61486190	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
POST-RETIREMENT BENEFIT OBLIG.	$5,843,100
DEFERRED CREDITS	$383,601

Field	Value	IRS element (for citing)
Total Of Amounts	6226701	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	38338571	TotRevenueEtcAuditedFinclStmt
Other Revenues	1245057	OtherRevenues
Revenue Not Rptd F990	1245057	RevenueNotRptdF990
Revenue Subtotal	37093514	RevenueSubtotal
Total Revenue Per Form990	37093514	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	35469495	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	36894	OtherExpensesIncluded
Expenses Not Rptd F990	36894	ExpensesNotRptdF990
Expenses Subtotal	35432601	ExpensesSubtotal
Other Expenses Not Included	2840894	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	2840894	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	38273495	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	THE COOPERATIVE IS EXEMPT FROM INCOMES TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES WITH REGARD TO SALES OF ELECTRICITY TO ITS MEMBERS. MANAGEMENT HAS CONSIDERED WHETHER THE COMPANY HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE, NO PROVISION IS PROVIDED. THE TAX YEARS PRIOR TO 2009 GENERALLY ARE NOT SUBJECT TO EXAMINATION BY THE U.S. FEDERAL AND MOST STATE TAX AUTHORITIES.
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	ACCRUAL BASIS CAPITAL CREDITS 1,253,854 EQUITY LOSS IN SUBSIDIARY -8,797
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	FEDERAL INCOME TAXES PAID 36,894
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	PATRONAGE DIVIDENDS - ASSIGNED 2,840,894

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	HAMID VAHDATIPOUR	NamePerson
Title	CEO	Title
Base Compensation Filing Org	161313	BaseCompensationFilingOrg
Bonus Filing Org	5347	BonusFilingOrg
Deferred Comp Filing Org	21365	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	103869	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	291894	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	MEMBERS
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	YES
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	YES
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	BOARD MEMBERS ARE PROVIDED A COPY OF THE FORM 990 PRIOR TO A BOARD MEETING, THIS IS SO THEY CAN REVIEW AND GO OVER THE FORM 990 DURNING THAT MEETING BEFORE THE FORM 990 IS FILED WITH THE IRS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION FOR TOP OFFICALS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION FOR KEY EMPLOYEES AND OTHER OFFICERS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVERY AND THE CPI INDEX.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM THE MAIN OFFICE LOCATED AT 516 SOUTH LAKE REGION ROAD, HULBERT OK 74441.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	ACCRUAL BASIS CAPITAL CREDITS 1,253,854 EQUITY LOSS IN SUBSIDIARY -8,797 FEDERAL INCOME TAXES PAID -36,894 PATRONAGE DIVIDENDS - ASSIGNED 2,840,894
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	INCREASE IN OTHER EQUITIES 8,234 INCREASE IN MEMBERSHIPS 295 RETIREMENT OF PATRONAGE CAPITAL 1,067,584 CHANGE IN ACCUMULATED OCI 1,464,020

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	LAKE REGION FOUNDATION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	516 LAKE REGION RD	AddressLine1
City	HULBERT	City
State	OK	State
ZIP Code	744410127	ZIPCode

Field	Value	IRS element (for citing)
EIN	113793478	EIN
Primary Activities	DONATIONS	PrimaryActivities
Legal Domicile State	OK	LegalDomicileState
Exempt Code Section	501C3	ExemptCodeSection
Public Charity Status	9	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LREC	BusinessNameLine1
Business Name Line2	LAKE REGION ELECTRIC COOPERATIVE	BusinessNameLine2

Field	Value	IRS element (for citing)
Controlled Org	false	ControlledOrg

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	LAKE REGION ELECTRIC DEVELOPMENT	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 127	AddressLine1
City	HULBERT	City
State	OK	State
ZIP Code	744410127	ZIPCode

Field	Value	IRS element (for citing)
EIN	731346843	EIN
Primary Activity	WATER UTIL	PrimaryActivity
Legal Domicile State	OK	LegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LREC	BusinessNameLine1

Field	Value	IRS element (for citing)
Type Of Entity	C CORP	TypeOfEntity
Share Of Total Income	680648	ShareOfTotalIncome
Share Of EOY Assets	2999852	ShareOfEOYAssets
Percentage Ownership	1.00000	PercentageOwnership
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	true	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
LAKE REGION FOUNDATION
B	98354	ACCRUAL BASIS
LAKE REGION ELECTRIC DEVELOPMENT
S	194584	ACCRUAL BASIS