CSCharityScored
90

Choptank Electric Corp

Other · Denton, Maryland

10384 River Rd, Denton, MD 21629-1914

EIN: 520271943· Founded: Mar 1941· 85 years active· Filing Year: 2023

Annual Revenue

$183.4M

Total Expenses

$160.3M

Total Assets

$511.1M

Program Spending

114%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$3.1M

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$15.5M

Total Payroll

$18.6M

12% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 12%
Other overhead: -14%
Program Revenue$182.5M (99%)
Total Expenses$160.3M (87%)
Payroll$18.6M (12%)
Overhead (non-program)-14%

Trust Score Breakdown

Program Spending Ratio

114% of expenses go to programs

40%

Revenue & Stability

$183.4M annual revenue

15%

Executive Compensation

$3.1M total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$511.1M 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.