CSCharityScored
90

Heartland Power Cooperative

Other · Thompson, Iowa

216 S Jackson St, Thompson, IA 50478-5012

EIN: 421468305· Founded: Aug 1998· 28 years active· Filing Year: 2023

Annual Revenue

$31.3M

Total Expenses

$29.8M

Total Assets

$63.2M

Program Spending

104%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$541K

1.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.7M

Total Payroll

$2.2M

7% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 7%
Other overhead: -4%
Program Revenue$31.1M (99%)
Total Expenses$29.8M (95%)
Payroll$2.2M (7%)
Overhead (non-program)-4%

Trust Score Breakdown

Program Spending Ratio

104% of expenses go to programs

40%

Revenue & Stability

$31.3M annual revenue

15%

Executive Compensation

$541K total officer comp (1.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$63.2M 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.