Steele Waseca Cooperative Electric
Owatonna, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $45,660,073↑17% | $45,660,073↑17% | $110,810,113↑11% | — |
| 2022 | $39,111,435↑4% | $39,111,435↑4% | $99,899,632↑7% | — |
| 2021 | $37,750,212↓2% | $37,750,212↓2% | $93,180,056↑11% | — |
| 2020 | $38,367,246↓4% | $38,367,246↓4% | $84,043,217 | — |
| 2019 | $39,882,173↓2% | $39,882,173↓2% | $84,103,429↑3% | — |
| 2018 | $40,549,117↑2% | $40,549,117↑2% | $81,661,170↑1% | — |
| 2017 | $39,569,632↑2% | $39,569,632↑2% | $80,683,559↑4% | — |
| 2016 | $38,744,001↑15% | $38,744,001↑16% | $77,308,975↑1% | — |
| 2015 | $33,610,988↑5% | $33,498,835↑4% | $76,526,517↑14% | — |
| 2014 | $32,136,455↑3% | $32,136,455↑3% | $67,407,770↑4% | — |
| 2013 | $31,095,831↑7% | $31,095,831↑8% | $64,827,421↑1% | — |
| 2012 | $28,982,735↑10% | $28,682,156↑12% | $64,028,017↑5% | — |
| 2011 | $26,285,929 | $25,531,474 | $60,862,154 | — |
Frequently Asked Questions
What does Steele Waseca Cooperative Electric do?▼
Steele Waseca Cooperative Electric is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Steele Waseca Cooperative Electric financially healthy?▼
Based on our 9-metric Financial Health Score model, Steele Waseca Cooperative Electric has a score of 57/100 (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 Steele Waseca Cooperative Electric generate?▼
Steele Waseca Cooperative Electric reports $45.0M in annual revenue and holds $111.5M in total assets, based on IRS filings.
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