CSCharityScored
90

Eastern Maine Electric Cooperative Inc

Other · Calais, Maine

Po Box 425, Calais, ME 04619-0425

EIN: 010056837· Founded: Jun 1964· 62 years active· Filing Year: 2023

Annual Revenue

$17.3M

Total Expenses

$17.3M

Total Assets

$53.9M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$595K

3.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.1M

Total Payroll

$2.7M

15% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 15%
Other overhead: 2%
Program Revenue$16.9M (98%)
Total Expenses$17.3M (100%)
Payroll$2.7M (15%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$17.3M annual revenue

15%

Executive Compensation

$595K total officer comp (3.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$53.9M 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.