Lagrange County Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,655,769 | 4,286,696 | 369,073 | 33.5 | 26% |
| 2012 | 4,734,324 | 4,273,689 | 460,635 | 33.9 | 27% |
| 2013 | 5,447,987 | 4,421,832 | 1,026,155 | 34.6 | 26% |
| 2014 | 13,140,740 | 12,249,133 | 891,607 | 13.1 | 10% |
| 2015 | 12,644,404 | 11,543,236 | 1,101,168 | 14.9 | 10% |
| 2016 | 12,968,885 | 12,398,797 | 570,088 | 14.6 | 9% |
| 2017 | 12,630,470 | 12,197,394 | 433,076 | 15.4 | 9% |
| 2018 | 13,069,489 | 12,654,795 | 414,694 | 15.4 | 10% |
| 2019 | 12,956,231 | 12,915,945 | 40,286 | 15.0 | 10% |
| 2020 | 12,893,305 | 12,757,761 | 135,544 | 15.6 | 11% |
| 2021 | 13,085,399 | 12,856,643 | 228,756 | 15.8 | 11% |
| 2022 | 14,349,360 | 14,088,193 | 261,167 | 14.9 | 11% |
| 2023 | 16,020,061 | 16,347,367 | −327,306 | 12.7 | 16% |
In its most recent public year (2023), this organization spent $327,306 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 33.5 in 2011. Staff pay was 16% 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
Lagrange 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