Daviess-Martin County Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,692,732 | 31,516,775 | 2,175,957 | 10.6 | 3% |
| 2012 | 35,124,301 | 33,403,571 | 1,720,730 | 10.1 | 3% |
| 2013 | 36,336,683 | 34,497,107 | 1,839,576 | 10.2 | 3% |
| 2014 | 36,707,206 | 34,852,162 | 1,855,044 | 10.4 | 3% |
| 2015 | 36,235,129 | 34,576,139 | 1,658,990 | 11.0 | 3% |
| 2016 | 36,594,973 | 34,255,724 | 2,339,249 | 11.9 | 3% |
| 2017 | 35,922,176 | 33,938,469 | 1,983,707 | 12.8 | 4% |
| 2018 | 37,027,443 | 35,289,838 | 1,737,605 | 13.3 | 3% |
| 2019 | 36,353,014 | 34,957,760 | 1,395,254 | 13.6 | 2% |
| 2020 | 35,597,933 | 34,491,032 | 1,106,901 | 13.1 | 2% |
| 2021 | 37,042,333 | 34,943,203 | 2,099,130 | 12.8 | 2% |
| 2022 | 39,754,758 | 38,111,294 | 1,643,464 | 11.7 | 2% |
| 2023 | 44,489,781 | 41,546,454 | 2,943,327 | 11.7 | 2% |
In its most recent public year (2023), this organization brought in $2,943,327 more than it spent. Its reserves stood at about 11.7 months of spending, up from 10.6 in 2011. Staff pay was 2% 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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