Oneida-Madison Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,755,552 | 2,755,552 | 0 | 15.8 | 23% |
| 2021 | 2,856,346 | 2,856,346 | 0 | 15.3 | 20% |
| 2022 | 3,220,675 | 3,220,675 | 0 | 13.6 | 19% |
| 2023 | 3,299,294 | 3,299,294 | 0 | 12.8 | 19% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.8 months of spending, down from 15.8 in 2020. Staff pay was 19% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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