Steuben County Rural Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,806,706 | 4,625,266 | 181,440 | 33.3 | 29% |
| 2012 | 5,399,449 | 4,621,563 | 777,886 | 35.2 | 29% |
| 2013 | 20,057,767 | 19,154,744 | 903,023 | 8.9 | 7% |
| 2014 | 20,592,265 | 19,931,971 | 660,294 | 8.9 | 7% |
| 2015 | 20,758,650 | 19,883,046 | 875,604 | 9.2 | 7% |
| 2016 | 21,482,462 | 21,160,743 | 321,719 | 8.9 | 7% |
| 2017 | 20,938,717 | 19,965,334 | 973,383 | 9.7 | 8% |
| 2018 | 21,952,252 | 20,638,488 | 1,313,764 | 10.2 | 8% |
| 2019 | 21,725,979 | 20,694,107 | 1,031,872 | 10.5 | 8% |
| 2020 | 22,299,356 | 20,578,767 | 1,720,589 | 11.1 | 8% |
| 2021 | 24,050,983 | 22,504,164 | 1,546,819 | 11.0 | 8% |
| 2022 | 24,721,068 | 23,874,923 | 846,145 | 10.8 | 8% |
| 2023 | 27,237,127 | 26,056,299 | 1,180,828 | 10.5 | 8% |
In its most recent public year (2023), this organization brought in $1,180,828 more than it spent. Its reserves stood at about 10.5 months of spending, down from 33.3 in 2011. Staff pay was 8% 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
Steuben 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