Hendricks County Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,515,638 | 75,787,772 | −2,272,134 | 11.1 | 6% |
| 2012 | 78,058,932 | 78,058,932 | 0 | 11.5 | 6% |
| 2013 | 82,209,856 | 82,209,856 | 0 | 11.7 | 6% |
| 2014 | 86,346,355 | 86,346,355 | 0 | 11.8 | 5% |
| 2015 | 86,791,729 | 86,791,729 | 0 | 12.6 | 5% |
| 2016 | 88,939,884 | 88,939,884 | 0 | 12.7 | 5% |
| 2017 | 89,099,491 | 89,099,491 | 0 | 13.4 | 6% |
| 2018 | 93,587,153 | 93,587,153 | 0 | 13.1 | 6% |
| 2019 | 92,684,538 | 92,684,538 | 0 | 13.7 | 6% |
| 2020 | 91,499,155 | 91,499,155 | 0 | 14.3 | 6% |
| 2021 | 97,103,288 | 97,103,288 | 0 | 14.0 | 6% |
| 2022 | 102,543,098 | 102,543,098 | 0 | 13.6 | 6% |
| 2023 | 108,323,649 | 108,323,649 | 0 | 13.6 | 6% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.6 months of spending, up from 11.1 in 2011. Staff pay was 6% 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
Hendricks County Rural Electric Membership Corporation'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