CSCharityScored
90

Glades Electric Cooperative Inc

Other · Moore Haven, Florida

Po Box 519, Moore Haven, FL 33471-0519

EIN: 590538145· Founded: Aug 1949· 77 years active· Filing Year: 2023

Annual Revenue

$58.8M

Total Expenses

$56.5M

Total Assets

$207.3M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.7M

3.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$774K

Total Payroll

$2.5M

4% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 4%
Other overhead: 0%
Program Revenue$56.3M (96%)
Total Expenses$56.5M (96%)
Payroll$2.5M (4%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$58.8M annual revenue

15%

Executive Compensation

$1.7M total officer comp (3.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$207.3M 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.