Mille Lacs Energy Cooperative
Public Benefit · Aitkin, Minnesota
23483 Us Highway 169, Aitkin, MN 56431-6184
Annual Revenue
$32.5M
Total Expenses
$31.7M
Total Assets
$100.8M
Program Spending
100%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$490K
1.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$4.2M
Total Payroll
$4.7M
15% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
100% of expenses go to programs
Revenue & Stability
$32.5M annual revenue
Executive Compensation
$490K total officer comp (1.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$100.8M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.