CSCharityScored
90

Raccoon Valley Electric Cooperative

Public Benefit · Glidden, Iowa

28725 Highway 30, Glidden, IA 51443-8823

EIN: 271224818· Founded: May 2010· 16 years active· Filing Year: 2023

Annual Revenue

$16.5M

Total Expenses

$16.3M

Total Assets

$53.5M

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$428K

2.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.4M

Total Payroll

$1.8M

11% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 11%
Other overhead: -1%
Program Revenue$16.4M (99%)
Total Expenses$16.3M (99%)
Payroll$1.8M (11%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$16.5M annual revenue

15%

Executive Compensation

$428K total officer comp (2.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$53.5M 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.