CSCharityScored
89

Cooperative Light And Power Association Of Lake County

Mutual Benefit · Two Harbors, Minnesota

Po Box 69, Two Harbors, MN 55616-0069

EIN: 410203975· Founded: Mar 1938· 88 years active· Filing Year: 2023

Annual Revenue

$14.7M

Total Expenses

$14.3M

Total Assets

$34.8M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$478K

3.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$478K

3% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 3%
Other overhead: 1%
Program Revenue$14.1M (96%)
Total Expenses$14.3M (97%)
Payroll$478K (3%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$14.7M annual revenue

15%

Executive Compensation

$478K total officer comp (3.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$34.8M in assets

10%

Similar Mutual Benefit Nonprofits in Minnesota

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.