Midwest Electric Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 24,426,345 | 22,695,416 | 1,730,929 | 12.2 | 10% |
| 2011 | 28,511,817 | 25,828,978 | 2,682,839 | 11.3 | 10% |
| 2012 | 28,370,245 | 26,260,412 | 2,109,833 | 10.5 | 10% |
| 2013 | 29,115,519 | 26,992,474 | 2,123,045 | 11.0 | 10% |
| 2014 | 30,421,045 | 28,233,919 | 2,187,126 | 12.5 | 10% |
| 2015 | 30,660,460 | 27,509,503 | 3,150,957 | 13.2 | 10% |
| 2016 | 30,071,482 | 27,579,813 | 2,491,669 | 13.4 | 10% |
| 2017 | 30,881,788 | 27,840,274 | 3,041,514 | 13.7 | 10% |
| 2018 | 33,364,007 | 29,742,968 | 3,621,039 | 13.4 | 10% |
| 2019 | 32,075,270 | 29,984,155 | 2,091,115 | 13.4 | 10% |
| 2020 | 32,449,716 | 30,660,827 | 1,788,889 | 13.1 | 10% |
| 2021 | 34,375,310 | 31,328,240 | 3,047,070 | 13.1 | 10% |
| 2022 | 35,560,996 | 33,920,407 | 1,640,589 | 12.0 | 10% |
| 2023 | 36,508,490 | 34,228,123 | 2,280,367 | 12.0 | 10% |
In its most recent public year (2023), this organization brought in $2,280,367 more than it spent. Its reserves stood at about 12 months of spending. Staff pay was 10% 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
Midwest Electric 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