YMutual & Membership BenefitEIN: 410203975· Ruling Year: 1938

Cooperative Light And Power Association Of Lake County

Two Harbors, Minnesota

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.10×
Peer Median10.70×
💰
$14.7M
Total Revenue
📊
$14.3M
Total Expenses
🏦
$15.8M
Net Assets
📋
$18.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.10
Net assets divided by total expenses
Liabilities-to-Assets
54.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,718,7062%$14,344,5421%$34,755,4705%
2022$14,384,5124%$14,180,3601%$32,952,4502%
2021$13,814,0991%$14,265,9496%$32,161,0972%
2020$13,706,4491%$13,478,1901%$31,493,4722%
2019$13,524,405$13,393,6181%$30,855,7101%
2018$13,507,8982%$13,221,9332%$31,191,674
2017$13,201,9025%$13,024,7492%$31,326,9662%
2016$12,623,9504%$12,720,9295%$30,692,9053%
2015$12,131,7686%$12,163,0633%$29,780,252
2014$12,975,0627%$12,600,4078%$29,889,7946%
2013$12,097,5415%$11,636,4507%$28,196,5194%
2012$11,501,8015%$10,829,5987%$27,000,6986%
2011$10,978,732$10,074,109$25,507,142

Frequently Asked Questions

What does Cooperative Light And Power Association Of Lake County do?

Cooperative Light And Power Association Of Lake County is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cooperative Light And Power Association Of Lake County financially healthy?

Based on our 9-metric Financial Health Score model, Cooperative Light And Power Association Of Lake County has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cooperative Light And Power Association Of Lake County generate?

Cooperative Light And Power Association Of Lake County reports $15.3M in annual revenue and holds $36.6M in total assets, based on IRS filings.

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