CSCharityScored
88

Minnesota Power Employees Credit Union

Other · Duluth, Minnesota

30 W Superior St Ste 126, Duluth, MN 55802-2191

EIN: 410418235· Founded: Sep 1944· 82 years active· Filing Year: 2023

Annual Revenue

$6.9M

Total Expenses

$5.8M

Total Assets

$147.4M

Program Spending

84%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$227K

3.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.2M

Total Payroll

$1.4M

24% of total expenses

Where the Money Goes

84%
Programs: 84%
Payroll: 24%
Other overhead: 16%
Program Revenue$4.9M (72%)
Total Expenses$5.8M (85%)
Payroll$1.4M (24%)
Overhead (non-program)16%

Trust Score Breakdown

Program Spending Ratio

84% of expenses go to programs

40%

Revenue & Stability

$6.9M annual revenue

15%

Executive Compensation

$227K total officer comp (3.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$147.4M 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.