CSCharityScored
90

Morgan County Rural Electric Association

Other · Fort Morgan, Colorado

Po Box 738, Fort Morgan, CO 80701-0738

EIN: 840271515· Founded: Aug 1938· 88 years active· Filing Year: 2023

Annual Revenue

$45.4M

Total Expenses

$45.4M

Total Assets

$110.8M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$793K

1.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.4M

Total Payroll

$4.2M

9% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 9%
Other overhead: 2%
Program Revenue$44.6M (98%)
Total Expenses$45.4M (100%)
Payroll$4.2M (9%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$45.4M annual revenue

15%

Executive Compensation

$793K total officer comp (1.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$110.8M 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.