CSCharityScored
90

Homer Electric Association Inc

Other · Homer, Alaska

3977 Lake St, Homer, AK 99603-7652

EIN: 920014079· Founded: Jul 1951· 75 years active· Filing Year: 2023

Annual Revenue

$109.0M

Total Expenses

$108.9M

Total Assets

$268.1M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$982K

0.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$982K

1% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 1%
Other overhead: 0%
Program Revenue$108.4M (99%)
Total Expenses$108.9M (100%)
Payroll$982K (1%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$109.0M annual revenue

15%

Executive Compensation

$982K total officer comp (0.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$268.1M 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.