Newton County Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,138,021 | 3,956,580 | 181,441 | 12.0 | 4% |
| 2012 | 4,432,474 | 4,203,409 | 229,065 | 12.0 | 5% |
| 2013 | 4,850,611 | 4,529,817 | 320,794 | 12.0 | 4% |
| 2014 | 5,178,823 | 4,890,176 | 288,647 | 11.8 | 4% |
| 2015 | 5,297,994 | 4,897,982 | 400,012 | 12.7 | 4% |
| 2016 | 5,669,624 | 5,292,332 | 377,292 | 12.6 | 4% |
| 2017 | 5,646,375 | 5,339,892 | 306,483 | 13.1 | 4% |
| 2018 | 5,736,569 | 5,286,728 | 449,841 | 14.2 | 4% |
| 2019 | 6,252,979 | 5,858,276 | 394,703 | 13.4 | 4% |
| 2020 | 6,578,118 | 6,254,596 | 323,522 | 13.0 | 4% |
| 2021 | 7,247,740 | 6,501,982 | 745,758 | 13.7 | 4% |
| 2022 | 7,127,919 | 6,891,121 | 236,798 | 13.2 | 4% |
| 2023 | 7,419,160 | 6,999,807 | 419,353 | 13.7 | 4% |
In its most recent public year (2023), this organization brought in $419,353 more than it spent. Its reserves stood at about 13.7 months of spending, up from 12 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
Newton 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