Southern Minnesota Energy Cooperative
Rushford, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $63,873,841↓9% | $63,873,841↓9% | $9,216,834↓8% | — |
| 2022 | $70,310,993↑19% | $70,310,993↑19% | $10,036,606↓7% | — |
| 2021 | $58,900,363↑4% | $58,900,363↑4% | $10,747,193↑5% | — |
| 2020 | $56,545,443↓11% | $56,545,443↓11% | $10,207,251↓6% | — |
| 2019 | $63,745,175↓4% | $63,745,175↓4% | $10,841,713↑13% | — |
| 2018 | $66,139,159↑1% | $66,139,159↑1% | $9,631,043↑9% | — |
| 2017 | $65,175,902↑3% | $65,175,903↑3% | $8,874,024↑26% | — |
| 2016 | $63,265,761↑87% | $63,265,761↑87% | $7,060,512↓57% | — |
| 2015 | $33,889,288 | $33,889,288 | $16,567,284 | — |
Frequently Asked Questions
What does Southern Minnesota Energy Cooperative do?▼
Southern Minnesota Energy Cooperative 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 Southern Minnesota Energy Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Southern Minnesota Energy Cooperative has a score of 42/100 (Grade: C). 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 Southern Minnesota Energy Cooperative generate?▼
Southern Minnesota Energy Cooperative reports $56.6M in annual revenue and holds $10.7M in total assets, based on IRS filings.
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