CSCharityScored
89

Traverse Electric Cooperative Inc

Other · Wheaton, Minnesota

6590 State Highway 27, Wheaton, MN 56296-5008

EIN: 410581955· Founded: Feb 1942· 84 years active· Filing Year: 2023

Annual Revenue

$14.7M

Total Expenses

$14.7M

Total Assets

$43.9M

Program Spending

90%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$568K

3.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$568K

4% of total expenses

Where the Money Goes

90%
Programs: 90%
Payroll: 4%
Other overhead: 10%
Program Revenue$13.2M (90%)
Total Expenses$14.7M (100%)
Payroll$568K (4%)
Overhead (non-program)10%

Trust Score Breakdown

Program Spending Ratio

90% of expenses go to programs

40%

Revenue & Stability

$14.7M annual revenue

15%

Executive Compensation

$568K total officer comp (3.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$43.9M 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.