CSCharityScored
90

Dakota Electric Association

Other · Farmington, Minnesota

4300 220Th St W, Farmington, MN 55024-9003

EIN: 410212180· Founded: Dec 1938· 88 years active· Filing Year: 2023

Annual Revenue

$231.6M

Total Expenses

$221.6M

Total Assets

$407.3M

Program Spending

104%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.9M

1.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$16.0M

Total Payroll

$18.8M

9% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 9%
Other overhead: -4%
Program Revenue$231.4M (100%)
Total Expenses$221.6M (96%)
Payroll$18.8M (9%)
Overhead (non-program)-4%

Trust Score Breakdown

Program Spending Ratio

104% of expenses go to programs

40%

Revenue & Stability

$231.6M annual revenue

15%

Executive Compensation

$2.9M total officer comp (1.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$407.3M 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.