CSCharityScored
90

Norris Electric Cooperative

Other · Newton, Illinois

8543 N State Highway 130, Newton, IL 62448-4060

EIN: 370442695· Founded: Sep 1941· 85 years active· Filing Year: 2023

Annual Revenue

$51.6M

Total Expenses

$50.1M

Total Assets

$142.8M

Program Spending

102%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$104K

0.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$385K

Total Payroll

$489K

1% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 1%
Other overhead: -2%
Program Revenue$51.1M (99%)
Total Expenses$50.1M (97%)
Payroll$489K (1%)
Overhead (non-program)-2%

Trust Score Breakdown

Program Spending Ratio

102% of expenses go to programs

40%

Revenue & Stability

$51.6M annual revenue

15%

Executive Compensation

$104K total officer comp (0.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$142.8M 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.