CSCharityScored
90

Minnesota Valley Cooperative Light And Power Association

Other · Montevideo, Minnesota

501 S 1St St, Montevideo, MN 56265-2103

EIN: 410419129· Founded: May 1943· 83 years active· Filing Year: 2023

Annual Revenue

$25.7M

Total Expenses

$26.0M

Total Assets

$95.4M

Program Spending

91%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$998K

3.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$998K

4% of total expenses

Where the Money Goes

91%
Programs: 91%
Payroll: 4%
Other overhead: 9%
Program Revenue$23.7M (92%)
Total Expenses$26.0M (100%)
Payroll$998K (4%)
Overhead (non-program)9%

Trust Score Breakdown

Program Spending Ratio

91% of expenses go to programs

40%

Revenue & Stability

$25.7M annual revenue

15%

Executive Compensation

$998K total officer comp (3.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$95.4M 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.