CSCharityScored
90

Iowa Lakes Electric Cooperative

Public Benefit · Estherville, Iowa

702 S 1St St, Estherville, IA 51334-2522

EIN: 421259366· Founded: May 1986· 40 years active· Filing Year: 2023

Annual Revenue

$73.8M

Total Expenses

$67.9M

Total Assets

$179.1M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.1M

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$1.1M

2% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 2%
Other overhead: 1%
Program Revenue$67.4M (91%)
Total Expenses$67.9M (92%)
Payroll$1.1M (2%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$73.8M annual revenue

15%

Executive Compensation

$1.1M total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$179.1M 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.