CSCharityScored
90

Mckenzie Electric Cooperative Inc

Other · Watford City, North Dakota

Po Box 649, Watford City, ND 58854-0649

EIN: 450217439· Founded: Sep 1961· 65 years active· Filing Year: 2023

Annual Revenue

$441.7M

Total Expenses

$441.7M

Total Assets

$580.2M

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$702K

0.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.1M

Total Payroll

$6.8M

2% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 2%
Other overhead: 7%
Program Revenue$409.1M (93%)
Total Expenses$441.7M (100%)
Payroll$6.8M (2%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$441.7M annual revenue

15%

Executive Compensation

$702K total officer comp (0.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$580.2M 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.