CSCharityScored
90

Cloverland Electric Cooperative Inc

Other · Sault S Marie, Michigan

725 E Portage Ave, Sault S Marie, MI 49783-2439

EIN: 380429495· Founded: Nov 1942· 84 years active· Filing Year: 2023

Annual Revenue

$90.7M

Total Expenses

$83.7M

Total Assets

$223.3M

Program Spending

107%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.2M

1.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$727K

Total Payroll

$1.9M

2% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 2%
Other overhead: -7%
Program Revenue$89.2M (98%)
Total Expenses$83.7M (92%)
Payroll$1.9M (2%)
Overhead (non-program)-7%

Trust Score Breakdown

Program Spending Ratio

107% of expenses go to programs

40%

Revenue & Stability

$90.7M annual revenue

15%

Executive Compensation

$1.2M total officer comp (1.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$223.3M 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.