Bedford Rural Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,064,501 | 6,159,038 | 905,463 | 45.9 | 3% |
| 2012 | 5,985,103 | 5,985,103 | 0 | 46.7 | 3% |
| 2013 | 7,620,812 | 7,620,812 | 0 | 38.5 | 4% |
| 2014 | 7,793,322 | 7,793,322 | 0 | 38.2 | 4% |
| 2015 | 7,731,914 | 7,731,914 | 0 | 38.0 | 4% |
| 2016 | 7,743,260 | 7,743,260 | 0 | 37.9 | 4% |
| 2017 | 8,846,970 | 8,846,970 | 0 | 34.4 | 4% |
| 2018 | 8,956,156 | 8,956,156 | 0 | 35.1 | 4% |
| 2019 | 8,794,189 | 8,794,189 | 0 | 36.6 | 4% |
| 2020 | 10,992,149 | 10,992,149 | 0 | 31.6 | 4% |
| 2021 | 11,935,648 | 11,935,648 | 0 | 32.2 | 4% |
| 2022 | 11,384,083 | 11,384,083 | 0 | 36.2 | 4% |
| 2023 | 11,245,772 | 11,245,772 | 0 | 38.0 | 4% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 38 months of spending, down from 45.9 in 2011. Staff pay was 4% 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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