Blue Earth Nicollet Faribault Cooperative Electric Association
Other · Mankato, Minnesota
Po Box 8, Mankato, MN 56002-0008
Annual Revenue
$53.9M
Total Expenses
$53.9M
Total Assets
$144.4M
Program Spending
96%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$714K
1.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$714K
1% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
96% of expenses go to programs
Revenue & Stability
$53.9M annual revenue
Executive Compensation
$714K total officer comp (1.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$144.4M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.