CSCharityScored
90

Mille Lacs Energy Cooperative

Public Benefit · Aitkin, Minnesota

23483 Us Highway 169, Aitkin, MN 56431-6184

EIN: 410411772· Founded: Oct 1941· 85 years active· Filing Year: 2023

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

100%
Programs: 100%
Payroll: 15%
Other overhead: 0%
Program Revenue$31.8M (98%)
Total Expenses$31.7M (98%)
Payroll$4.7M (15%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$32.5M annual revenue

15%

Executive Compensation

$490K total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$100.8M 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.