CSCharityScored
90

Steele Waseca Cooperative Electric

Other · Owatonna, Minnesota

Po Box 485, Owatonna, MN 55060-0485

EIN: 410558515· Founded: Dec 1938· 88 years active· Filing Year: 2023

Annual Revenue

$45.7M

Total Expenses

$45.7M

Total Assets

$110.8M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$853K

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$853K

2% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 2%
Other overhead: 5%
Program Revenue$43.2M (95%)
Total Expenses$45.7M (100%)
Payroll$853K (2%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$45.7M annual revenue

15%

Executive Compensation

$853K total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$110.8M 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.