CSCharityScored
89

Lyon Rural Electric Cooperative

Other · Rock Rapids, Iowa

Po Box 629, Rock Rapids, IA 51246-0629

EIN: 420389015· Founded: Nov 1940· 86 years active· Filing Year: 2023

Annual Revenue

$13.7M

Total Expenses

$13.7M

Total Assets

$32.9M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$272K

2.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$272K

2% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 2%
Other overhead: 8%
Program Revenue$12.7M (92%)
Total Expenses$13.7M (100%)
Payroll$272K (2%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$13.7M annual revenue

15%

Executive Compensation

$272K total officer comp (2.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$32.9M 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.