CSCharityScored
90

Itasca Mantrap Co-Op Electrical Assn

Other · Park Rapids, Minnesota

Po Box 192, Park Rapids, MN 56470-0192

EIN: 410330817· Founded: Nov 1942· 84 years active· Filing Year: 2023

Annual Revenue

$31.5M

Total Expenses

$31.5M

Total Assets

$73.5M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$779K

2.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$779K

2% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 2%
Other overhead: 5%
Program Revenue$30.0M (95%)
Total Expenses$31.5M (100%)
Payroll$779K (2%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$31.5M annual revenue

15%

Executive Compensation

$779K total officer comp (2.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$73.5M 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.