CSCharityScored
89

Whetstone Valley Electric Cooperative Inc

Other · Milbank, South Dakota

Po Box 512, Milbank, SD 57252-0512

EIN: 460205275· Founded: Mar 1944· 82 years active· Filing Year: 2023

Annual Revenue

$11.5M

Total Expenses

$11.4M

Total Assets

$42.8M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$305K

2.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.7M

Total Payroll

$2.0M

17% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 17%
Other overhead: 0%
Program Revenue$11.4M (99%)
Total Expenses$11.4M (99%)
Payroll$2.0M (17%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$11.5M annual revenue

15%

Executive Compensation

$305K total officer comp (2.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$42.8M 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.