CSCharityScored
89

Arrowhead Electric Cooperative Inc

Other · Lutsen, Minnesota

Po Box 39, Lutsen, MN 55612-0039

EIN: 410735682· Founded: Apr 1956· 70 years active· Filing Year: 2023

Annual Revenue

$17.4M

Total Expenses

$14.4M

Total Assets

$45.5M

Program Spending

106%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$505K

3.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$505K

4% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 4%
Other overhead: -5%
Program Revenue$15.1M (87%)
Total Expenses$14.4M (82%)
Payroll$505K (4%)
Overhead (non-program)-5%

Trust Score Breakdown

Program Spending Ratio

106% of expenses go to programs

40%

Revenue & Stability

$17.4M annual revenue

15%

Executive Compensation

$505K total officer comp (3.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$45.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.