CSCharityScored
89

Grundy County Rural Electric Cooperative

Public Benefit · Grundy Center, Iowa

303 N Park Ave, Grundy Center, IA 50638-8593

EIN: 420287740· Founded: Dec 1937· 89 years active· Filing Year: 2023

Annual Revenue

$10.3M

Total Expenses

$10.3M

Total Assets

$27.2M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$212K

2.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$384K

Total Payroll

$597K

6% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 6%
Other overhead: 8%
Program Revenue$9.4M (92%)
Total Expenses$10.3M (100%)
Payroll$597K (6%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$10.3M annual revenue

15%

Executive Compensation

$212K total officer comp (2.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$27.2M in assets

10%

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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.