CSCharityScored
89

Lake Region Electric Association Inc

Other · Webster, South Dakota

Po Box 341, Webster, SD 57274-0341

EIN: 460156581· Founded: Aug 1965· 61 years active· Filing Year: 2023

Annual Revenue

$19.9M

Total Expenses

$19.7M

Total Assets

$50.0M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$254K

1.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.6M

Total Payroll

$1.9M

9% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 9%
Other overhead: 0%
Program Revenue$19.8M (100%)
Total Expenses$19.7M (99%)
Payroll$1.9M (9%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$19.9M annual revenue

15%

Executive Compensation

$254K total officer comp (1.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$50.0M 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.