CSCharityScored
90

Carteret-Craven Electric Cooperative

Other · Newport, North Carolina

Po Box 1490, Newport, NC 28570-1490

EIN: 560168825· Founded: Mar 1961· 65 years active· Filing Year: 2023

Annual Revenue

$72.4M

Total Expenses

$68.4M

Total Assets

$134.3M

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$890K

1.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.6M

Total Payroll

$5.5M

8% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 8%
Other overhead: -1%
Program Revenue$69.2M (96%)
Total Expenses$68.4M (94%)
Payroll$5.5M (8%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$72.4M annual revenue

15%

Executive Compensation

$890K total officer comp (1.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$134.3M 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.