CSCharityScored
90

Minnkota Power Cooperative Inc

Other · Grand Forks, North Dakota

5301 32Nd Ave S, Grand Forks, ND 58201-3312

EIN: 450166406· Founded: Mar 1943· 83 years active· Filing Year: 2023

Annual Revenue

$449.7M

Total Expenses

$436.7M

Total Assets

$1.2B

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$5.2M

1.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$5.2M

1% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 1%
Other overhead: -1%
Program Revenue$443.2M (99%)
Total Expenses$436.7M (97%)
Payroll$5.2M (1%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$449.7M annual revenue

15%

Executive Compensation

$5.2M total officer comp (1.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.2B 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.