CSCharityScored
90

Mecklenburg Electric Cooperative

Other · Chase City, Virginia

11633 Hwy Ninety Two, Chase City, VA 23924-4009

EIN: 540299805· Founded: Feb 1940· 86 years active· Filing Year: 2023

Annual Revenue

$114.3M

Total Expenses

$106.2M

Total Assets

$322.3M

Program Spending

103%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.6M

1.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.6M

Total Payroll

$10.1M

10% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 10%
Other overhead: -3%
Program Revenue$109.6M (96%)
Total Expenses$106.2M (93%)
Payroll$10.1M (10%)
Overhead (non-program)-3%

Trust Score Breakdown

Program Spending Ratio

103% of expenses go to programs

40%

Revenue & Stability

$114.3M annual revenue

15%

Executive Compensation

$1.6M total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$322.3M 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.