CSCharityScored
89

North Star Electric Cooperative Incorporated

Other · Baudette, Minnesota

Po Box 719, Baudette, MN 56623-0719

EIN: 410449191· Founded: Mar 1943· 83 years active· Filing Year: 2023

Annual Revenue

$16.1M

Total Expenses

$16.1M

Total Assets

$42.2M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$544K

3.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$544K

3% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 3%
Other overhead: 2%
Program Revenue$15.7M (98%)
Total Expenses$16.1M (100%)
Payroll$544K (3%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$16.1M annual revenue

15%

Executive Compensation

$544K total officer comp (3.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$42.2M 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.