CSCharityScored
90

Runestone Electric Association

Other · Alexandria, Minnesota

6839 Power Ln Sw, Alexandria, MN 56308-4410

EIN: 410223597· Founded: Dec 1937· 89 years active· Filing Year: 2023

Annual Revenue

$33.0M

Total Expenses

$33.0M

Total Assets

$103.0M

Program Spending

96%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$685K

2.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.0M

Total Payroll

$2.7M

8% of total expenses

Where the Money Goes

96%
Programs: 96%
Payroll: 8%
Other overhead: 4%
Program Revenue$31.6M (96%)
Total Expenses$33.0M (100%)
Payroll$2.7M (8%)
Overhead (non-program)4%

Trust Score Breakdown

Program Spending Ratio

96% of expenses go to programs

40%

Revenue & Stability

$33.0M annual revenue

15%

Executive Compensation

$685K total officer comp (2.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$103.0M 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.