Noble County Rural Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,001,834 | 6,994,949 | 6,885 | 33.9 | 28% |
| 2012 | 8,089,572 | 7,094,309 | 995,263 | 35.1 | 28% |
| 2013 | 8,139,771 | 7,281,999 | 857,772 | 35.7 | 27% |
| 2014 | 8,212,162 | 7,236,628 | 975,534 | 37.5 | 27% |
| 2015 | 8,158,290 | 8,066,059 | 92,231 | 33.8 | 27% |
| 2016 | 25,425,479 | 25,574,795 | −149,316 | 10.6 | 8% |
| 2017 | 25,337,168 | 24,651,636 | 685,532 | 11.3 | 9% |
| 2018 | 26,760,601 | 25,408,642 | 1,351,959 | 11.6 | 9% |
| 2019 | 26,164,095 | 25,009,859 | 1,154,236 | 12.4 | 9% |
| 2020 | 25,136,900 | 24,473,566 | 663,334 | 13.0 | 9% |
| 2021 | 25,088,634 | 24,490,010 | 598,624 | 13.3 | 9% |
| 2022 | 25,889,887 | 26,092,201 | −202,314 | 12.3 | 9% |
| 2023 | 26,597,431 | 26,024,581 | 572,850 | 12.6 | 9% |
In its most recent public year (2023), this organization brought in $572,850 more than it spent. Its reserves stood at about 12.6 months of spending, down from 33.9 in 2011. Staff pay was 9% 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
Noble County Rural Electric Membership Corp'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