Valley Rural Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,293,129 | 15,293,129 | 0 | 25.9 | 5% |
| 2012 | 14,703,275 | 14,703,275 | 0 | 26.8 | 5% |
| 2013 | 15,945,495 | 15,945,495 | 0 | 25.7 | 4% |
| 2014 | 16,511,285 | 14,865,111 | 1,646,174 | 28.9 | 4% |
| 2015 | 17,403,554 | 15,984,687 | 1,418,867 | 28.1 | 3% |
| 2016 | 17,341,947 | 15,879,727 | 1,462,220 | 29.7 | 4% |
| 2017 | 17,895,451 | 16,114,761 | 1,780,690 | 30.1 | 4% |
| 2018 | 19,562,787 | 18,092,659 | 1,470,128 | 27.2 | 4% |
| 2019 | 19,732,509 | 18,004,389 | 1,728,120 | 28.7 | 4% |
| 2020 | 21,313,347 | 18,970,808 | 2,342,539 | 28.9 | 4% |
| 2021 | 22,053,014 | 18,144,655 | 3,908,359 | 32.3 | 4% |
| 2022 | 22,430,749 | 18,830,961 | 3,599,788 | 32.9 | 4% |
| 2023 | 22,611,331 | 20,255,070 | 2,356,261 | 31.9 | 4% |
In its most recent public year (2023), this organization brought in $2,356,261 more than it spent. Its reserves stood at about 31.9 months of spending, up from 25.9 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
Valley Rural Electric Cooperative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works