CSCharityScored
90

Cherryland Electric Co Op

Other · Grawn, Michigan

5930 Us Highway 31, Grawn, MI 49637-9683

EIN: 380416525· Founded: May 1941· 85 years active· Filing Year: 2023

Annual Revenue

$59.8M

Total Expenses

$58.4M

Total Assets

$145.4M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.1M

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$672K

Total Payroll

$1.8M

3% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 3%
Other overhead: 3%
Program Revenue$56.5M (95%)
Total Expenses$58.4M (98%)
Payroll$1.8M (3%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$59.8M annual revenue

15%

Executive Compensation

$1.1M total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$145.4M 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.