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
Revenue & Stability
$14.7M annual revenue
Executive Compensation
$478K total officer comp (3.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$34.8M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.