CSCharityScored
45

Minnesota Rural Water Association

Public Benefit · Elbow Lake, Minnesota

217 12Th Ave Se, Elbow Lake, MN 56531-4741

EIN: 411283589· Founded: Dec 1985· 41 years active· Filing Year: 2023

Annual Revenue

$4.2M

Total Expenses

$3.9M

Total Assets

$3.7M

Program Spending

24%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$257K

6.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.8M

Total Payroll

$2.1M

54% of total expenses

Where the Money Goes

24%
Programs: 24%
Payroll: 54%
Other overhead: 76%
Program Revenue$908K (22%)
Total Expenses$3.9M (92%)
Payroll$2.1M (54%)
Overhead (non-program)76%

Trust Score Breakdown

Program Spending Ratio

24% of expenses go to programs

40%

Revenue & Stability

$4.2M annual revenue

15%

Executive Compensation

$257K total officer comp (6.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.7M in assets

10%

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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.