Northeastern Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,359,724 | 90,454,473 | 1,905,251 | 6.4 | 5% |
| 2012 | 89,374,990 | 87,680,618 | 1,694,372 | 6.8 | 5% |
| 2013 | 98,799,623 | 96,268,075 | 2,531,548 | 6.4 | 5% |
| 2014 | 110,849,307 | 108,886,264 | 1,963,043 | 5.8 | 5% |
| 2015 | 111,094,157 | 106,895,606 | 4,198,551 | 6.0 | 5% |
| 2016 | 99,522,446 | 96,686,240 | 2,836,206 | 6.6 | 6% |
| 2017 | 101,878,480 | 100,265,868 | 1,612,612 | 6.4 | 6% |
| 2018 | 112,268,870 | 109,464,853 | 2,804,017 | 6.1 | 6% |
| 2019 | 106,471,701 | 102,912,642 | 3,559,059 | 6.7 | 6% |
| 2020 | 107,730,098 | 104,701,085 | 3,029,013 | 6.7 | 6% |
| 2021 | 126,158,719 | 121,872,577 | 4,286,142 | 6.1 | 5% |
| 2022 | 148,636,885 | 144,784,808 | 3,852,077 | 5.3 | 5% |
| 2023 | 122,357,885 | 118,061,718 | 4,296,167 | 6.8 | 4% |
In its most recent public year (2023), this organization brought in $4,296,167 more than it spent. Its reserves stood at about 6.8 months of spending. 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
Northeastern 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