CSCharityScored
89

Red Lake Electric Cooperative Inc

Other · Rl Falls, Minnesota

Po Box 430, Rl Falls, MN 56750-0430

EIN: 410496565· Founded: May 1941· 85 years active· Filing Year: 2023

Annual Revenue

$15.6M

Total Expenses

$15.6M

Total Assets

$32.1M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$228K

1.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$228K

1% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 1%
Other overhead: 2%
Program Revenue$15.3M (98%)
Total Expenses$15.6M (100%)
Payroll$228K (1%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$15.6M annual revenue

15%

Executive Compensation

$228K total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$32.1M 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.