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nonprofit · EIN 41-0144943 · MN

How much does BELTRAMI ELECTRIC COOPERATIVE INC raise and spend?

BELTRAMI ELECTRIC COOPERATIVE INC (MN, EIN 41-0144943) reported $61.3M in revenue and $60.4M in expenses for tax year 2024, with $52.1M in net assets (10.4 months of reserves). By expenses that ranks 3,999 of 391,588 e-filers, 107 of 9,230 nonprofits in minnesota.

REVENUE: $61.3MEXPENSES: $60.4MRESERVES: 10.4 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/410144943-beltrami-electric-cooperative-inc

What stands out

BELTRAMI ELECTRIC COOPERATIVE INC (MN, EIN 41-0144943) reported $61.3M in revenue and $60.4M in expenses for tax year 2024, with $52.1M in net assets (10.4 months of reserves). By expenses that ranks 3,999 of 391,588 e-filers, 107 of 9,230 nonprofits in minnesota. Against nonprofits with $10M-$100M in expenses: months of reserves 10.4 months, above the peer median of 9.5 months; officer compensation share of expenses 1.3%, below the peer median of 2.6%; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 1.5%, below the peer median of 2.1%.

Key figures, tax year 2024

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2024Median, activityMedian, sizeMedian, all
Total revenue$61.3M—$21.4M$198.5k
Total expenses$60.4M—$20.3M$179.6k
Total assets$139.1M—$29.5M$761.5k
Net assets$52.1M—$17.4M$615.1k
Officer compensation (total per organisation)$813.1k—$625.8k$114.3k
Program service revenue share98.2%—73.7%13.4%
Contributions share of revenue0.0%—12.5%55.6%
Officer compensation share of expenses1.3%—2.6%6.6%
Months of reserves10.4 months—9.5 months12.4 months
Surplus margin1.5%—2.1%4.3%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2024$61.3M$60.4M$52.1M10.4 months$813.1k3,999
2023$62.5M$61.6M$52.2M10.2 months$752.6k6,616
2022$59.3M$59.1M$51.6M10.5 months$656.9k6,280
2020$57.2M$55.9M$47.7M10.2 months$572.4k5,944
2019$57.5M$56.7M$45.3M9.6 months$552.8k5,661
2018$55.6M$54.5M$43.8M9.6 months$560.0k5,348

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