CSCharityScored
90

Stearns Cooperative Electric Association

Other · Melrose, Minnesota

700 Kraft Dr Se, Melrose, MN 56352-0000

EIN: 410558175· Founded: Mar 1939· 87 years active· Filing Year: 2023

Annual Revenue

$68.9M

Total Expenses

$68.9M

Total Assets

$164.4M

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$983K

1.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$983K

1% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 1%
Other overhead: 6%
Program Revenue$65.0M (94%)
Total Expenses$68.9M (100%)
Payroll$983K (1%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$68.9M annual revenue

15%

Executive Compensation

$983K total officer comp (1.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$164.4M 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.