Meeker Cooperative Light & Power Association
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Meeker Cooperative Light & Power Association is a 501(c)(12) organization based in Litchfield, Minnesota, registered in 1937, with $31,873,414 in FY2024 revenue. CharityIndex grades it B.
1725 Us Highway 12 E Suite 100, Litchfield, MN, 55355 EIN 41-0404900 Since 1937
Revenue (FY2024)
$31.9M
▲ 1.7% vs prior year
Expenses (FY2024)
$31.8M
Net assets
$38.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Meeker Cooperative Light & Power Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Meeker Cooperative Light & Power Association: 15 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Meeker Cooperative Light & Power Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Meeker Cooperative Light & Power Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1725 Us Highway 12 E Suite 100, Litchfield, MN, 55355
- City
- Litchfield
- State
- Minnesota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $20.5M (FY2013) to $31.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $89.8MNet assets $38.9M
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$128.7M
Total liabilities
$89.8M
Net assets
$38.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,873,414▲1.7% | $31,839,378▼0.3% | $38,896,476▲5.9% | $128,672,954▲7.0% | 990 |
| 2023 | $31,346,370▲6.0% | $31,928,696▲7.2% | $36,712,136▲5.9% | $120,230,995▲6.1% | 990 |
| 2022 | $29,571,990▲15.2% | $29,793,219▲8.2% | $34,673,016▲6.1% | $113,346,809▲7.8% | 990 |
| 2021 | $25,674,897▲11.5% | $27,545,146▲10.2% | $32,671,825▲0.4% | $105,104,612▲2.7% | 990 |
| 2020 | $23,036,328▼0.8% | $24,995,436▲0.3% | $32,532,936▲0.6% | $102,319,993▲10.6% | 990 |
| 2019 | $23,219,282▼3.5% | $24,912,003▲5.1% | $32,337,051▼0.1% | $92,510,021▲25.9% | 990 |
| 2018 | $24,057,146▲10.9% | $23,713,637▲10.5% | $32,377,779▲9.2% | $73,457,034▲8.1% | 990 |
| 2017 | $21,700,354▲2.8% | $21,461,708▲3.0% | $29,657,281▲3.2% | $67,970,726▲1.7% | 990 |
| 2016 | $21,100,300▲2.6% | $20,834,601▲2.4% | $28,750,949▲2.6% | $66,814,121▼0.1% | 990 |
| 2015 | $20,564,388▼5.2% | $20,350,672▼5.0% | $28,015,210▲4.0% | $66,895,385▼0.5% | 990 |
| 2014 | $21,683,976▲6.0% | $21,416,493▲6.4% | $26,945,007▲5.1% | $67,227,258▲2.7% | 990 |
| 2013 | $20,456,453 | $20,119,891▲9.5% | $25,634,394▲5.1% | $65,468,788▲4.1% | 990 |
| 2012 | — | $18,366,460▼0.7% | $24,380,777▲5.9% | $62,886,361▲8.5% | 990 |
| 2011 | — | $18,488,281▲11.2% | $23,031,222▲5.2% | $57,985,060▲5.0% | 990 |
| 2010 | — | $16,627,802 | $21,892,001 | $55,212,830 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $16K total
1 grant to Meeker Cooperative Light & Power Association totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2015 | $15,630 |
Frequently asked questions
- Is Meeker Cooperative Light & Power Association a legitimate nonprofit?
- Yes. Meeker Cooperative Light & Power Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 41-0404900, based in Litchfield, Minnesota.
- What is Meeker Cooperative Light & Power Association's EIN?
- Meeker Cooperative Light & Power Association's Employer Identification Number (EIN) is 41-0404900.
- How much revenue does Meeker Cooperative Light & Power Association report?
- Meeker Cooperative Light & Power Association reported $31,873,414 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Meeker Cooperative Light & Power Association have?
- CharityIndex grades Meeker Cooperative Light & Power Association B, based on financial health (reserves and operating margin).
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Data for Meeker Cooperative Light & Power Association (EIN 41-0404900) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.