84
Norval Electric Cooperative Inc
Mutual Benefit · Glasgow, Montana
Po Box 951, Glasgow, MT 59230-0951
EIN: 810215971· Founded: Mar 1956· 70 years active· Filing Year: 2023
Annual Revenue
$8.4M
Total Expenses
$8.4M
Total Assets
$30.0M
Program Spending
95%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$593K
7.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$966K
Total Payroll
$1.6M
19% of total expenses
Where the Money Goes
95%
Programs: 95%
Payroll: 19%
Other overhead: 5%
Program Revenue$8.0M (95%)
Total Expenses$8.4M (100%)
Payroll$1.6M (19%)
Overhead (non-program)5%
Trust Score Breakdown
Program Spending Ratio
95% of expenses go to programs
Revenue & Stability
$8.4M annual revenue
Executive Compensation
$593K total officer comp (7.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$30.0M in assets
Similar Mutual Benefit Nonprofits in Montana
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.